BROADCASTS.com

On today's 'The BradCast':\xa0 Some help for voters in California trying to make sense of some of those confusing propositions on this year's midterm ballot. California was one of the first states to expand on the concept of statewide ballot initiatives that directly present specific propositions to voters on the ballot, bypassing state legislatures. Financial journalist DAVID DAYEN, Executive Editor of The American Prospect, reveals that giant corporations have figured out how to exploit California's ballot initiative process to benefit themselves, calling it a 'failed experiment with direct democracy,' and how the system can be reformed. Dayen explains Prop 30, a tax on millionaires to generate revenue to fight wildfires and increase adoption of electric vehicles that is opposed by the state's Democratic Governor Gavin Newsom because it is bank-rolled by Lyft, a corporation that will directly benefit from the revenue. Dayen also discusses the stunning appeals court ruling that strikes at the heart of the Consumer Financial Protection Bureau (CFPB), that will have disastrous implications across the entire economy if the ruling stands. Dayen, an expert on monopolies in the U.S., also warns about the 'very disturbing' proposed merger between Kroger and Albertsons' grocery chains. Plus:\xa0 new data show that CA Prop 31 is ill-advised and will harm adult smokers who are using vaping products to quit smoking far-more-harmful cigarettes.