Word: protectiveness
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Proposition 13 has proved to be a two-sided sword. "One side was to protect the people from the government suddenly and wildly raising property taxes," says Bob Hertzberg, a former Assembly Speaker and co- chair of California Forward, a bipartisan reform group. "That was done. But we didn't resolve how to pay for the services that people want. So we have created this crazy government structure in Sacramento held together by duct tape and bailing wire. It's not coherent and needs to be changed...
...other states. For more than 30 years California has been living with a system of minority rule in which 34% of the legislature or a local community can stonewall the majority. Facing this post-Proposition 13 system, California's various interest groups have increasingly used the ballot box to protect themselves - but by so doing have mandated budgetary havoc...
...would create a single regulatory agency, a Consumer Financial Protection Agency. This agency will have only one mission--to protect consumers--and have the authority and accountability to make sure that consumer-protection regulations are written fairly and enforced vigorously. Consumer protection will have an independent seat at the table in our financial regulatory system. By consolidating accountability in one place, we will reduce gaps in federal supervision and enforcement, drive greater clarity in the information consumers receive around products they are sold, set higher standards for those who sell those products and promote consistent regulation across the system...
...relate to--someone who is just like them--to spell it out to them," she said. "I felt like I owed it to everyone to just be heard." In South Africa, she became a role model for young people living with HIV. But all that recognition still couldn't protect...
Comprehensive energy reform will be even harder to push through Congress in a form that still looks like reform; Agriculture Committee chairman Collin Peterson of Minnesota has already watered down the House version to protect subsidized industrial farmers and their catastrophic ethanol boondoggles, and the legislation faces even rougher rapids in the Senate. But a less ambitious effort to bring the entire country in line with the six states that have already decoupled utility profits from electricity sales - and the 16 that have done the same with natural gas - would be less controversial as well. Most utilities would be delighted...