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More than $350 Million Raised For and Against Ballot Measures

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(Sacramento, CA)
Monday, October 29, 2012

The campaign finance watchdog Maplight-dot-org found one family responsible for almost a quarter of the contributions to California's ballot measures.

NEWMAN:  "What's surprising is that a few individuals or wealthy organizations can control the political debate."

That's Daniel "G" Newman with Maplight-dot-org.

His analysis found Molly Munger and her brother Charles Munger Jr. have contributed more than $80 million total to either support or oppose propositions.

A mystery out-of-state PAC and union groups are also among the highest contributors.

Newman says increasingly only a handful of wealthy interest groups can afford to put measures on the ballot and run campaigns.

NEWMAN: "So we have this money dominated Propositions system that is undemocratic in a small "d" democratic sense."

Proposition 32, which limits union and corporate campaign contributions, has actually had the most political contributions so far, at $128 million for or against.
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