Election 2012 – Business Leaders and The Social Contract Referendum

 

Next week’s presidential election is not a simple referendum on Barack Obama’s first term in office, nor is it another routine debate over the appropriate size and role of the federal government. The contest between Barack Obama and Mitt Romney is a referendum on the American social contract as we know it. This November, the electorate will answer a meaningful question – to what extent do our country’s most successful captains of business and industry have a contributive, financial duty to the maintenance of the American economy?

The modern understanding of the American social contract first took form with Franklin Roosevelt’s New Deal, passed in the wake of the Great Depression. In FDR’s view, the government could only continue to fulfill its obligation to those it governed by securing some measure of economic protection for its citizens. “As I see it, the task of government in its relation to Read the rest

The Failure and Future of E-Voting in America

By: Aaron Moshiashwili

1. Introduction

On September 28, 2007, Judge Winifred Smith of the Superior Court of Alamada County, California, took the extraordinary measure of invalidating an election result – an event that has only happened once before in California’s history.[1] Measure R, originally voted upon in November 2004, was ordered back onto next year’s ballot not because of electoral fraud or force majeure, but because 96% of the results from the election had vanished.[2] There was not any suggestion of dastardly doings; no ballots mysteriously vanished; no warehouses caught fire under unusual circumstances. These ballots had vanished because in a very real way they never existed in the first place. The election deciding Measure R’s fate took place entirely on computerized voting machines.

In the middle of litigation over the fate of the election, the machines were returned to the manufacturers, without the data having been backed up.[3] It … Read the rest

Power Auction: Rates in Illinois to Rise

The cost of “running” your business, not to mention heating your home, in Illinois may change after the Illinois Commerce Department’s recent power auction. [1] Currently, power rates have been frozen since 1997, but the freeze will expire in 2007. [2] It is then that some people, including state legislators, feel power rates will increase and the results of the power auction will be felt. [3] The current statute governing power rates in Illinois is known as the Electric Service Customer Choice and Rate Relief Law of 1997. [4] In the next paragraphs this article will attempt to synthesize some of the information surrounding this topic by explaining the power auction, the extent of potential rate increases, and the potential for a continuation of the Rate Relief Act of 1997.

 

The power auction took place from September 5 to September 8. [5] During the power auction state suppliers placed

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