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 07:28:16 -0800 (PST)
 >
 > I thought you were saying this was a socialist initiative

No, quite the opposite.  Again, like Richard Wolff says, regulation never
works.

 > On Tue, 21 Jan 2025, robert wrote:
 >  >  > 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.