For the benefit of the Golden State Water Company, I quote from Wikipedia: “Propaganda is information that is not impartial and used primarily to influence an audience and further an agenda, often by presenting facts selectively to encourage a particular synthesis, or using loaded messages to produce an emotional rather than rational response to the information presented.” You can buy a lot of propaganda with a budget of $300,000.
Most of the assertions made by Golden State Water are an insult to our intelligence. Every day, the mail brings fresh examples of their distortions. The most recent example suggests that there is something immoral about charging interest on a loan (“a guaranteed five per-cent annual profit to Wall Street bondholders”). How outrageous! That’s pretty nervy for a corporation that enjoys an eight percent return on capital—guaranteed by the California Public Utilities Commission.
Vote yes on W.