"I believe there is only one way out of this national crisis we face," said Mr Cameron.
"We need a massive, sweeping, radical redistribution of power. From the state to citizens; from the Government to parliament; from Whitehall to communities. From Brussels to Britain; from judges to the people; from bureaucracy to democracy. Through decentralisation, transparency and accountability we must take power away from the political elite and hand it to the man and woman in the street."
...
He expounded on his theme of the "redistribution of power", and suggested ... The right to initiate local and national referendums.
http://www.telegraph.co.uk/news/newstopics/mps-expenses/5390171/MPs-expenses-David-Cameron-pledges-t
o-give-more-power-to-public-under-reforms.html
Hasn't Cameron heard of California? We've seen that such politics by "initiative" leads to disaster:
Bill Maher:
It's not Arnold's fault that California has a worse credit rating than Louisiana, a state that's half underwater and half in the bag.
You see, our state is designed to be ungovernable because we govern by ballot initiative, and we only write two kinds of them: "Spend money on things I like" and "Don't raise my taxes." More money for teachers and firefighters? Check "yes"! High-speed rail? "Cooool!" Drug treatment for former child actors? "Sure, why not?" But don't even think of taxing me for any of it.
...
This is why our founders wanted a representative democracy, because they knew that if you give the average guy the chance, he'll vote for a fantasy world with no taxes and free beer.
...
But before you laugh at us, remember: This desire to have everything and give up nothing is a national condition, not just a California thing. Like everything else, we just take what's real, exaggerate it, add some explosions and give it a giant pair of fake breasts.
http://www.latimes.com/news/opinion/la-oe-maher21-2009may21,0,7944770.story
Like other states, California is suffering from a collapse in tax revenues brought on by the recession. Unlike other states, it suffers from severely dysfunctional politics, including gridlock-inducing budget procedures and a deeply anti-tax strain that plays itself out in endless voter referenda, dating back to the Proposition 13 property tax cap from the 1970s. As a result, Gov. Arnold Schwarzenegger declared recently that more tax increases are politically impossible. Yet, his proposed spending cuts are also unappealing, if not impossible, including slashing education and health care funds and releasing prison inmates early.
What the Obama administration should make clear is that a bias for spending cuts -- and against tax increases -- is the wrong approach for California and other states. Both spending cuts and tax increases are harmful in a downturn, because they reduce already weak consumer demand. But most states are required by law to balance their budgets, so when deficits emerge, they are forced to do one or the other, or both.
Contrary to conventional wisdom, raising taxes may be better than spending cuts because tax increases, especially if they are focused on wealthy taxpayers, have less of a negative impact on consumption. Spending cuts hit consumption hard, depriving the economy of money that would otherwise be spent quickly. They also have the disadvantage -- so evident in the cuts proposed by Mr. Schwarzenegger -- of falling heavily on the needy.
http://www.nytimes.com/2009/05/24/opinion/24sun1.html