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California pulls out of 50-state foreclosure talks
By DON THOMPSON <a href="http://ad.doubleclick.net/jump/mgh.bw.general/general;page=t0;t0=middle1;sz=120x40;ord=1234567890" target="_blank"><img src="http://ad.doubleclick.net/ad/mgh.bw.general/general;page=t0;t0=middle1;sz=120x40;ord=1234567890" alt="" border="0" /></a> SACRAMENTO, Calif. California Attorney General Kamala Harris says she will not agree to a settlement over foreclosure abuses that other state attorneys general are negotiating with major U.S. banks. Harris' announcement Friday is the latest to undermine a settlement that had been in the works between the banks and attorneys general in all 50 states.In a major development, California’s Attorney General, Kamala Harris, has broken off from the proposed 50-state settlement over foreclosure fraud. If the talks weren’t dead already, and if you’ve read this space you’d know that I think they were, this surely puts them to bed. California Atty. Gen. Kamala Harris will no longer take part in a national foreclosure probe of some of the nation’s biggest banks, which are accused of pervasive misconduct in dealing with troubled homeowners.
California AG Kamala Harris Rejects Foreclosure Fraud Settlement
Listening to what passes these days for debates in the U. S House of Representatives and the U. S. Senate, it is easy to get the impression there are no new ideas left-certainly no new progressive ideas or suggestions that there might be solutions to the nation's multitude of social and economic problems.
State Legislatures as "Laboratories Of Democracy"
Laboratories of Democracy? Brandeis, Federalism, and Scientific Management
Although Louis Brandeis is rightly regarded as a champion of federalism, this article suggests that his famous depiction of the American states as “laboratories” of democracy in fact has little to do with federalism and in fad rests on an understanding of public policy inimical to federal diversity. More specifically, it argues that Brandeis's choice of metaphor largely reflects his hope for scientifically based public policy, which in turn reflected the influence of Scientific Management upon his thought. The article concludes that abandoning Brandeis's metaphor would be useful in rethinking the relations among states in the diffusion of innovations. © 2001, CSF Associates, Easton, PA <p style="text-align:right;color:#A8A8A8"></p>
Louis Dembitz Brandeis ( pronounced /ˈbrændaɪs/ ; November 13, 1856 – October 5, 1941) was an Associate Justice on the Supreme Court of the United States from 1916 to 1939. He was born in Louisville , Kentucky , to Jewish immigrant parents who raised him in a secular home. He enrolled at Harvard Law School , graduating at the age of twenty with the highest grade average in the college’s history.
Louis Brandeis
The race to the bottom is a socio-economic concept that is argued to occur between countries, states, provinces or territories as an outcome of globalization , free trade , neoliberalism or economic deregulation . When competition becomes fierce between geographic areas over a particular sector of trade and production, governments are given increased incentive to cut business regulations, labor standards, environmental laws and business taxes. The phrase "race to the bottom" is typically used by anti-globalization activists and those supporting fair trade . [ edit ] Theory Races to the bottom can be described in game theory by the prisoner's dilemma . This is an exercise in which the optimal outcome for the entire group of participants results from cooperation of the participants, but it is put in danger by the fact that the optimal outcome for each individual is to not cooperate while the others do cooperate.
Race to the bottom
Justice Louis D. Brandeis’s metaphor of the states as "laboratories" for policy experiments is perhaps the most familiar and clichéd image of federalism. Contrary to common belief, however, Brandeis’s famous dictum had almost nothing to do with federalism and everything to do with his commitment to scientific socialism. That substantive view proved even more influential, in political thought and constitutional jurisprudence, than the metaphor that flowed from it.
Laboratories of Democracy