Gray Davis-- Governor Moonbeam the Second Message Board

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Politics : Gray Davis-- Governor Moonbeam the Second

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To: Bernard Levy who wrote (2)	4/9/2001 3:14:49 PM
From: Tom Clarke	Read Replies (1) of 9

Please don't mention Globalstar - ouch! They used to call this fascism Power Grab -- Some Democrats Favor Seizing Plants Bernadette Tansey, Chronicle Staff Writer Monday, April 9, 2001 With the prospect that state power buyers could burn through more than $2 billion a month this summer, some state Democratic leaders are pushing for a takeover of private power plants to get soaring prices under control. Lawmakers concede that sending state agents to grab the keys of power generating plants would be an extraordinary measure. But now that Pacific Gas and Electric Co. has limited the state's options with Friday's bankruptcy filing and with little hope for stronger federal price controls, state Senate leader John Burton and others say seizing power plants makes financial and political sense. sfgate.com

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