Leading Risk Management and Derivatives Expert to Address Credit Crunch at London Event

With world financial markets still in turmoil, a leading expert in risk management and derivates will speak on the credit crunch in London, UK on October 23. Read more…

California Campaign Cash Comes from Far Beyond Where Voters Live Says MAPLight.org

01.11.2006 18:30 Political Press Releases

To: State Desk

Contact: Dan Newman of MAPLight.org, 510-868-0894, 510-868-3304 (cell) or info@maplight.org

BERKELEY, Calif., Nov. 1 /U.S. Newswire/ -- Today MAPLight.org, dedicated to illuminating money and politics, announced the results of its new study "Local Politics, Remote Money." According to the study, 78 percent of the money for California legislative races is provided by funders outside legislators' districts.

"It's election season, and California Assemblymembers and Senators are crisscrossing their districts, as they should be, looking for votes. It's just astonishing, then, that a whopping three out of every four dollars in funding comes from out-of- district," said Dan Newman, executive director of MAPLight.org.

The legislator with the highest out-of-district amount was Assemblymember Cindy Montanez from California's 39th District with 99 percent of campaign dollars coming from outside her district.

"Legislators depend on campaign contributions," said Newman. "They seek these funds anywhere they can. When the vast majority is generated from outside the district they represent, the voters -- their constituents -- must wonder if local interests are being trumped by outside interests."

Proposition 89, the California election reform initiative which takes aim at political corruption, would sharply reduce out-of-district contributions. Candidates who participated in Prop. 89's clean money system would be prohibited from collecting funds from outside of their districts.

"Californians don't have to be cynical," said Newman. "They can change the system by supporting Prop. 89."

The MAPLight.org study also debunked the myth of small donor clout. Contributions of less than $1,000 or more made up just 22 percent of funds raised.

One dollar in 10 (10 percent) came from outside of California. The legislator with the highest percentage of out-of-state funds state was Assemblymember Joe Canciamilla, who received 22 percent of his funds from outside California.

For the complete study including specific statistics for each legislator, visit http://www.maplight.org The study examined contributions prior to each legislator's last election.

------

MAPLight.org, a nonpartisan, nonprofit organization based in Berkeley, Calif., illuminates the connection between money and politics. MAPLight.org shines a light on campaign contributions and related legislative outcomes, which leads to a more informed public and election reform. On Oct. 17 the organization launched a groundbreaking public database of money and votes in California politics, available at http://www.maplight.org

http://www.usnewswire.com/

-0-

/© 2006 U.S. Newswire 202-347-2770/

Add comment  Add comment

Name: 
E-Mail: 
Comment: 
Captcha
Enter code: 


Google

Last added

Navigation

Visit Also

Meta