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.
Strategies & Market Trends : Rande Is . . . HOME

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maverick61 who wrote (52030)6/6/2001 12:09:23 PM
From: Joe Lyddon  Read Replies (4) of 57584
 
OT> Mav - I'm NOT attempting to BLAME any ONE entity for the problem!
I have said it several times and I will say it again. . . read my lips. . . <g>

Everyone is to blame, in some way, for the mess. . . BUT. . . B U T . . .

THAT is NOT the POINT!

The point is the SOLUTION. . . A solution is required. . .


Apparently, you do not care about any real solution to the problem. . .

It seems to me, that you're happy to remain on the BLAME thing. . .
You say I'm trying to blame the Feds for it. . .
I say NO. . . just PART of it. . .
End of the BLAME subject! . . . please.

Your solution is to let California get gouged with obscene energy pricing. . . without any alternative action(s).
You would like to see California and it's major utility companies just disappear in a swallow of bankruptcy.

Is that a solution you are happy with?
Perhaps you don't think it will effect you if that happens. . . Perhaps that's why you don't care. . .
WRONG. . . you WILL be effected. . . EVERYBODY in the NATION will be effected.

A better solution must be attained. . . FOR THE SHORT-TERM to give California's plan a chance to work!

I like the California Export Tax idea. . .
Pass on the excessive energy costs (gouging results) to everyone East of California in the form of an Energy Tax for all Goods & Services that come from California, Oregon, & Washington.
After all, if one can't pass-on to the consumers additional operating costs, why continue in business?

As a result, the crooks could Price Gouge all they wanted and it wouldn't hurt at all. . .
. . . it would only hurt the ones doing the gouging!

A temporary sales tax could be used. . . but I think the consumer rate increases handles the local State's contribution.

My comment on FERC. . . Which you requested. . .
The utilities got hit with obscene charges for energy. . .
The utilities wanted to raise their rates to their customers months ago in order to avert bankruptcy problems. . .
Someone has to pay for it. . . right?!
I'm more than willing to pay more for power. . .
Now, the small part that FERC plays. . . They disallow it 100% . . . time goes by. . . Who's going to pay for it?
The utility companies didn't plan on being gouged. . .
PG&E declares bankruptcy. . . I guess that made a few people really happy!
FERC finally has second thoughts and allows the utilities to raise their rates about 1/2 of what's really required to really do any good. . . They(we) still have to pay for all that power don't they?
There are other things where the Fed has had their finger in the pot.

If you can't come up with a viable SOLUTION, don't post it. . .
This is NOT about placing Blame. . .

This is about a solution!


Thank you,
Joe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext