DANIEL MEEK and LINDA WILLIAMS – The Plaintiffs and Chief Petitioners on Measure 47 are disappointed that the Oregon Supreme Court declined to rule on the Constitutionality of the campaign finance reform ballot measure enacted by Oregon voters in 2006.As Justice Robert Durham’s dissent points out: 1. The majority never reaches the substance of the Constitutional arguments; 2. The majority’s rejection of the Hazell Plaintiffs’ primary argument is based upon a perceived deficiency in the pleadings (although the State did not argue the existence of such a deficiency); and 3. The pleadings can be corrected, or the case refiled by other parties, thus presenting the Constitutional issues to the Court again.
BBC NEWS – Hundreds of problems have been found at European nuclear plants that would cost 25bn euros (Â£20bn) to fix, says a leaked draft report. The report, commissioned after Japan’s Fukushima nuclear disaster, aimed to see how Europe’s nuclear power stations would cope during extreme emergencies. The final report was to be published last Thursday. The draft says nearly all the EU’s 143 nuclear plants need improving.
DAVID MCCANN – At a time when news of banking scandals is uncomfortably frequent, a new report says that last year only 17% of global banking organizations â€œclawed backâ€ compensation payments previously made to employees. The survey of financial-services institutions by the consulting firm Mercer was not expansive, with only 42 banks participating (in addition to 18 insurance companies and three other types of firms). Still, the results may suggest that regulators are not achieving the objectives of their persistent calls for banks to implement clawback policies.
LORI WALLACH – On Sept. 6, as President Barack Obama promised jobs and transparency in his Democratic National Convention acceptance speech, his top trade officials were cloistered in conditions of extreme secrecy at the Lansdowne resort in Leesburg, Va., negotiating a massive â€œtradeâ€ agreement that will promote more U.S. job offshoring and ban Buy American procurement preferences.