Word: bankrupts
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Dates: during 2000-2009
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This fall, the Curleys brought a $200 million lawsuit against NAMBLA, which is being defended by the American Civil Liberties Union (ACLU). The parents hope to bankrupt the group, thus forcing them to shut down. The ACLU has claimed that constitutionally, this is an "open and shut case," and has asked the judge to throw it out. This case, and the notion that a NAMBLA victory would allow the organization to continue to distribute their filth, is enough to make any conscionable person sick. It may be an "open and shut case," but not in the way the ACLU interprets...
...After two days of intense arm-twisting - and amid no discernible drop-off in criticism from grumbling politicians - California is now the proud owner of a $10 billion bond-issue plan that walks like a bailout of the state's near-bankrupt utilities, and quacks like a bailout of the state's near-bankrupt utilities. And certainly the protesters' signs say it's a bailout...
...mess California made gives deregulation a bad name and Californians as good a deal as they're going to get. Assemblywoman Hannah-Beth Jackson (D-Santa Barbara), who like everyone else supported the bailout-esque plan because the consequences of the utilities' going bankrupt were too horrific to contemplate, pithily explained her position (and her state's) to the New York Times...
...seemed to many shocked onlookers, electricity deregulation wasn't such a great idea after all. Even the most committed capitalists had to be having second thoughts about the merits of the free market for power--while praying that their own state wouldn't soon be plagued by blackouts, near bankrupt utilities and bulging electricity bills...
...keep the lights on? He doesn't have a lot of options. Last week he ruled out new federal controls on wholesale electricity prices, which Governor Gray Davis had proposed as a way out of the mess. Bush also nixed the idea of bailing out the state's nearly bankrupt utilities. The Los Angeles Times compared his position with President Gerald Ford's 1975 refusal to rescue New York City from fiscal default, "a decision memorialized," the Times noted dryly, "by the tabloid headline: FORD TO CITY: DROP DEAD...