SCOTT SCHMERELSON’S Guide to Get Rich Quick! (at the expense of our kids) Schmerelson Portfolio Final.indd 1 2/9/20 9:02 AM Step 1: Collect Hundreds of Thousands from Taxpayers! Step 2: Invest in Companies You Believe In! SCOTT SCHMERELSON took that money and invested thousands of those dollars in Altria, the owner of JUUL, which markets candy-flavored tobacco products to hook children on nicotine.1 Now,11.6% of Los Angeles high school students use tobacco products.2 VOTE NO ON Schmerelson In order to supersize his investment fund, SCHMERELSON purchased thousands of dollars of McDonald’s stock.3 Despite the fact that 45% of Los Angeles children are overweight or obese by 5th grade,4 SCHMERELSON was the ONLY board member to vote against a resolution to end fundraisers catered by McDonald’s.5 Protecting our children’s future means protecting them from environmental disasters. Not to SCOTT SCHMERELSON! He’s invested over ten thousand dollars in BP,6 the company responsible for the Deep Water Horizon oil spill, which the New York Times called, “one of the worst environmental disasters in United States history.”7 When SCOTT SCHMERELSON joined the School Board, he became a notorious “double-dipper,” taking a generous salary and a fat pension. In order to maximize his return on investment, SCHMERELSON TRIPLED his own pay.1 As a result, he’s raked in nearly $800,000.00 since taking office. He’s making FIVE TIMES as much as classroom teachers.2 1 “L.A. School Board Members Just Got Yuge Raises. Should We Be Pissed?,” LA Weekly, 7/19/17. 2 Scott Schmerelson Salary Search and Pension Search Results transparentcalifornia.com; L.A. school board salaries more than double to $125,000 a year,” LA Times, 7/10/17 Schmerelson Portfolio Final.indd 2-3 SCHMERELSON even invested thousands in Johnson & Johnson,8 which supplied 60% of the opiate ingredients used by drug companies to make prescription opioids.9 SCOTT SCHMERELSON is profiting while nearly 20% of Los Angeles area students have tried dangerous, addictive opioids.10 1 Scott Schmerelson’s Form 700 Statements of Economic Interests (2016-2018); “SchmerJUULwrap,” 89.3 KPCC – Southern California Public Radio, 1/17/2020. 2 “Vaping Increases Among Los Angeles County Youth,” Los Angeles County Department of Public Health Press Release, 08/19/19. 3 Scott Schmerelson’s Form 700 Statements of Economic Interests (2015-2018). 4 “To steer her child away from obesity, a mother turns her life upside down,” LA Times, 04/16/19. 5 “L.A. school board targets McTeacher’s Nights, but not all fast-food fundraisers,” LA Times, 04/18/17. 6 Scott Schmerelson’s Form 700 Statements of Economic Interests (2015-2018). 7 “BP to Take $1.7 Billion Charge Over Deepwater Horizon Spill,” NYT, 01/16/18. 8 Scott Schmerelson’s Form 700 Statements of Economic Interests (2015-2018). 9 “Johnson & Johnson Ordered to Pay $572 Million in Landmark Opioid Trial,” NYT, 08/30/19. 10 “Teens who abuse opioids are more likely to later use heroin, USC study shows,” USC News, 07/08/19. 2/9/20 9:02 AM Families and Teachers United 1017 L Street, #141 Sacramento, CA 95814 Reviews of “Scott Schmerelson’s Guide to Get Rich Quick!” “ Scott should never have bought stock in a product that harms the health of kids.” – KENCHY RAGSDALE, Parent Activist 1 “ He should know better. It’s sneaky and greedy. Vaping is bad for kids. It makes them sick. It makes everyone sick. Inhaling tobacco is bad for your health. A school board member who invests in these companies has bad judgment and is acting greedy.” – ELIZABETH YUNG, LAUSD Parent and Nurse Practitioner 2 “ Why did he buy the stock in the first place? He bought [more shares] while he was a school board member.” – BOB STERN, Former General Counsel of the FPCC 2 “ It is simply abhorrent for anyone who works near children, including Scott Schmerelson, to profit off of a company that uses deceptive marketing to hook our youth on dangerous, addictive tobacco products.” – DANELLE FISHER, Parent and Pediatrician 1 “Complaints Lodged Against L.A. School Board Member Scott Schmerelson for Investments in JUUL’s Tobacco Giant Owner,” Speak Up, 01/22/20. 2 “Schmerelson’s JUUL Stock Stonewalling Outrages Parents, As Expert Says He May Have Broken the Law,” Speak Up, 01/29/2020 Ad paid for by Families and Teachers United, sponsored by California Charter Schools Association Advocates. Committee major funding from Charter Public Schools PAC Not authorized by a candidate or a committee controlled by a candidate. Funding details at www.fppc.ca.gov. On March 3rd, Vote NO on Scott Schmerelson. His “Get Rich Quick” Scheme is Killing Our Kids. Schmerelson Portfolio Final.indd 4 2/9/20 9:02 AM