Saturday, February 20, 2010
Corporations Using Ballot Inititives To Gut Regulations, Consumer Protections
Los Angeles Times: The phenomenon of corporations buying their way onto the California election ballot is fast reaching epidemic proportions. If the multimillion-dollar initiative campaigns by Mercury Insurance and Pacific Gas & Electric weren't enough -- the first on behalf of an initiative to gut the state's insurance consumer-protection law, the second to immunize private utilities from public competition -- here comes Venoco Inc.
The Denver-based independent oil company wants to give itself unique exemptions from local health, safety and environmental regulations in its California home away from home, Carpinteria.
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