Today, in the LA Times, Patrick McGreevy has an article about the funders of what will become, unfortunately Prop. 98. A sidebar real quick about the ballot designation of propositions. I've always felt that the initiatives that are particularly noteworthy should have their ballot designations retired. Take 98 for example. When somebody says Prop 98 to you, what do you think of? Education, probably. Well, now you're going to have to start thinking of the the Hidden Agendas Scheme as well, so for the next 4+ months, you're going to have to remember No on 98/Yes on 99. Put them together, remember them both. It's vitally important that, just for these few months, we hear, we know, and we repeat the phrase: "This is the WRONG Prop 98!"
So, back to the LA Times story. Basically, the fact that this is about rent control, pure and simple, is made plainly clear by the sources of funding: Apartment and mobile home owners. And coincidentally, Sam Zell.
Follow me over the flip.
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