SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The California Energy Crisis - Information & Forum

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Patricia Trinchero who wrote (182)4/2/2001 9:02:59 PM
From: Tim Bagwell  Read Replies (1) of 1715
 
Patricia,

I don't mind giving Bill Wattenberg full credit since he warned all of us two years ago that the power crisis was coming (not to mention his other foresight) only to catch political flack from the knuckleheads in Sacramento. If you vote everyone of them out (as you should), the problem will persist.

If what the Republicans say is true and we have a shortage due to the lack of new power plants than why in hell did the fools sell the ones we already had? It makes no sense.

The shortage in the supply of electricity is not in dispute by most of those who understand the issue. It should not come as a surprise to anyone given the stranglehold that the eco-nuts have on the building of power plants and the insatiable demand created by new technology.

I've heard conflicting reports but apparently the utilities were forced to sell off their power plants by the deregulation legislation. Again the blame falls squarely on the knuckleheads in Sacramento.

Everything they do will rob us of cash in one way or another. The bonds they plan to issue are a hidden tax on our income. The increased cost of goods you buy are a hidden tax on our income. The tax rebate that they will not give you is like a hidden tax on our income. The tax reduction that they will never be able to afford is like a hidden tax on our income. It goes on and on and on. The only thing that stays the same is their appetite for money.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext