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Byline: Bob Rayner
Oct. 16--Fareed Zakaria believes that too much democracy can be dangerous.
Look to California for proof.
"It may be the most poorly managed region in the advanced industrial world," said Zakaria, the editor of Newsweek International and an ABC News political consultant.
The state's widespread use of voter initiatives, including the recent recall of soon-to-be former Gov. Gray Davis, takes decision-making from political leaders and places it directly in the hands of the people.
As a result, 85 percent of the budget is already decided before the legislature ever meets. "The people hate the politicians because the …