An identical $1.5 million from U.S. Term Limits creates an initial $3 million war chest for the new committee, Alliance for California's Renewal, to fight the Feb. 5 ballot measure. "Voters are sick and tired, they're fed up, with career politicians who have taken over this town," Poizner said in a news conference.
Poizner, the state's second-ranking Republican officeholder (after Gov. Arnold Schwarzenegger), called Proposition 93 a "naked power grab" by legislative incumbents. Poizner’s move is considered by some as a move to boost his name recognition and possibly lay the groundwork for a GOP gubernatorial run
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"Term limits is one of those issues that unites conservative and moderate Republicans, so it provides an especially good opportunity for Poizner to position himself," said Dan Schnur, a Republican political strategist.
Poizner said he will be a point man for the No on 93 campaign, participating in radio talk shows and meeting with media editorial boards. He legally can donate unlimited sums because initiatives are not subject to state campaign contribution limits.
Lt. Gov. John Garamendi, a potential Democratic contender to replace Schwarzenegger, accused Poizner of playing political games to the detriment of hundreds of Southern California families who lost their homes in last month's devastating fires.
"I would expect that our insurance commissioner would be focused on helping our fellow Californians rebuild their lives. ... There will be plenty of time for politics tomorrow," Garamendi said in a written statement.
Richard Stapler, spokesman for the Yes on 93 campaign, characterized Poizner in a statement as a "poster child for term limits reform" who is eyeing higher office after only one year as insurance commissioner. "Without any significant achievements in office he is already dedicating his time, money and energy on political advancement," Stapler said.
Poizner, who has yet to declare he is a gubernatorial candidate, said he cannot quell speculation. "But I won't let that speculation stop me from doing the right thing," he said.
Proposition 93 would reduce the number of years a lawmaker could serve in the Legislature from 14 to 12, but would allow all to be served in the Assembly, the Senate, or a combination of both. It also would provide at least one extra term for incumbents. Because Proposition 93 would cut years of service for future lawmakers but increase terms for incumbents, analysts disagree over whether it tightens or loosens current limits.
California law currently allows only six years in the Assembly and eight in the Senate. Proposition 93 would Assembly Speaker Fabian Núñez and Senate President Pro Tem Don Perata to remain in power an extra six years and four years, respectively.
Supporters claim Proposition 93 would provide more stability in the Legislature and reduce reliance on lobbyists and staffers by allowing officeholders to gain more expertise without having to worry about constant fundraising or frequent career moves because of term limits.
Allan Hoffenblum, publisher of the California Target Book, which handicaps the state's political races, said Poizner's involvement in the No on 93 campaign could pay big dividends in 2010. "It gives him more chips with the conservative element within the Republican Party," Hoffenblum said.
Jon Coupal, president of the Howard Jarvis Taxpayers Association, joined Poizner in signing ballot arguments against Proposition 93. "I don't know what his intentions are," Coupal said of a possible gubernatorial run.