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Billionaire Ballot

News Release
10/23/2012
Posted by Carmen Balber
Santa Monica, CA – Consumer Watchdog Campaign today compiled ten of the most compelling reasons Californians should vote NO on Proposition 33, as reported by newspapers and editorial boards across the state. "Consumer and public interest groups are being outspent 50 to 1 by an insurance billionaire who has thrown $16 million into Prop...
News Release
10/22/2012
Posted by Jamie Court
Santa Monica, CA – The insurance billionaire who has spent $16.5 million on Prop 33 finally admitted in a Sunday Los Angeles Times column by Mike Hiltzik that he is financing the initiative so he can raise car insurance rates on newly insured customers. Consumer groups have long warned voters that Prop 33 is designed to allow Mercury...
News Story
10/22/2012
Posted by Mark Reback
George Joseph, founder of Mercury General Group, is virtually the sole bankroller of Prop. 33, which he sees as a tool for poaching customers from competitors. George Joseph must think that the old saw defining insanity as doing the same thing over and over and expecting a different result doesn't apply to him — or at least that it's...
News Story
10/20/2012
Posted by Mark Reback
Jamie Court takes on the Prop 33 PR machine to debate how it will raise rates for good drivers and roll back a 24-year-old civil rights protection that prevents insurance companies from discriminating against new drivers and Californians who choose to stop driving for a time .   Listen to the show here.
News Release
10/18/2012
Posted by Carmen Balber
Santa Monica, CA – Three more California newspapers, the Stockton Record, La Opinion, and the Chico News & Review, have joined the flood of papers urging voters to reject Proposition 33, the ballot measure sponsored by one insurance billionaire to raise car insurance rates on good drivers. Proposition 33 will allow insurance companies to...
Blog Post
10/17/2012
Posted by Daniel Palay
Populist governor Hiram Johnson gave Californians the ballot initiative one hundred and one years ago to combat the stranglehold of wealthy scions over the statehouse. Today's New York Times reports on how California's ballot measures are dominated by a handful of billionaires, including some trying to buy more power for themselves and...
News Story
10/25/2002
Posted by Mark Reback
Proposition 33, a proposal to offer discounts to car insurance customers even if they change companies, is another attempt by Mercury Insurance to manipulate the marketplace. Mercury Chairman George Joseph is bankrolling the initiative, contributing almost all of the $16.6 million campaign fund. Opponents have raised $222,800. Joseph also financed...