• Live in California? You should read this. One of the propositions currently on the ballot for November is Proposition 23, an oil-company pushed piece of legislation that would prevent a landmark environmental bill from getting passed unless California had four straight quarters below 5.5 percent unemployment. This is a marker that the state has rarely hit over the last 35 years, and likely won’t for a long while due to the current unemployment levels, hovering above 12 percent. And big energy is backing it. Check it out:

• bad The bill is backed by two of the biggest polluters in the state, oil-hawkers Valero and Tesoro.
• worse The Koch brothers (remember them?) are pushing it financially with $1 million in help. source

Posted by Ernie Smith • Permalink