It’s not just big oil with big money in the game.

True, most of the money backing Proposition 23 on California’s November ballot has come from two big oil refiners, both headquartered in San Antonio, Texas. But the opposition has some high rollers in the game, as well. High-profile venture capitalists and tech investors have lined up against the measure with open wallets. In fact, a tally released this week by the California Fair Political Practices Commission reveals that opponents of Prop 23 are outspending proponents by almost a two-to-one margin. According to the Commission, ten different committees have marshaled more than $13 million to defeat the measure, “mainly from individuals.” Continue reading Prop 23 Money Trail







