Word: local
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Dates: during 1970-1979
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Most of the remaining rescue money, about $1 billion, will be reserved for emergency loans to local governments with special problems. Many local units, for example, commonly borrow from banks while awaiting anticipated property tax revenue. But with the property tax knocked down by 57% as a result of Proposition 13, banks now are understandably unwilling to make such loans...
Clearly, the initial effect of Proposition 13 will not be as draconian as some bureaucrats had predicted. But that is only because state revenues have been high, a condition that could change quickly. The slightest business recession could make a similar state bailout of local governments impossible next year. On the other hand, by relieving taxpayers, Proposition 13 could well stimulate enough business growth to generate added tax revenues...
From their besieged bastions, public officials sometimes glowered out at the taxpayers. "The public is ugly, the citizens are mean," declared Los Angeles County Supervisor Kenneth Hahn. Despite the one-shot relief from the state, countless local officials remained fearful about the long-range effect. As Committee Chairman Rodda quipped, "Having rescued the state from chaos, the legislature can now proceed to address the problem of total confusion...
Kraft is an old hand at local politics. Among his earliest memories as a child in Republican Noblesville, Ind., are the thumping defeats suffered by his Democratic relatives in campaigns for local of fice. After majoring in government at Dartmouth ('63) and spending two years in the Peace Corps building latrines and wells for Guatemalan villagers, Kraft became a kind of political nomad: to Washington for a time as a Peace Corps recruiter, to Mexico with the 1968 Olympics committee, to California for a bit part in Jesse Unruh's unsuccessful gubernatorial campaign, back to Indiana to manage...
...Schlafly's small (20,000 members) but highly disciplined organizations, Stop ERA and Eagle Forum. While the feminists have splintered over the issues of abortion and lesbian rights, Schlafly's troops have centered their efforts on ERA. They have evolved into a formidable lobbying force, allied with local and national right-wing groups, including HOW (Happiness of Women) and AWARE (American Women Are Richly Endowed...