Re: LEVER WEEKLY: Biden?s Farewell Warning About The Master Plan (fwd)

[robert <http://dummy.us.eu.org/robert>]

 > From: Noelle <noelle>
 > Date: Tue, 21 Jan 2025 05:12:32 -0800 (PST)
 >
 > I don't know if you're correct. Isn't Prop 103 more of a liberal 
 > reform around the edges instead of revolutionizing a system that 
 > doesn't address the real problem? 

According to https://en.wikipedia.org/wiki/1988_Ca_Proposition_103:
"the act expanded the Department's responsibility for enforcement to
include: property insurance, automobile insurance, life insurance and
other types of casualty coverage, requiring that the Department approve
rates submitted by insurers prior to their taking effect."

You don't consider this "regulation"?

 > On Mon, 20 Jan 2025, robert wrote:
 >  > I didn't know about proposition 103 being a factor.
 >  > 
 >  > This goes to show that Richard Wolff is right: regulation almost never
 >  > works.  The socialist alternative could also have disasterous results
 >  > (especially with global climate change), but at least you'd know what
 >  > you're getting yourself into.