The California Energy Crisis - Information & Forum Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bearcatbob who wrote (1494)	10/8/2002 5:00:06 PM
From: Quincy	Read Replies (2) of 1715

"the politicians who run California did the evil." You are correct. But, I am confident we disagree on the implication. Mid to early 90's, Energy companies came in waving promises of lower energy costs in the faces of California elected officials while secretly developing ricochet and plant maintenance tricks to cause false shortages. All you had to do was make sure utilities sold their generator plants to third parties to make sure the deal couldn't be reversed and the plan fell in place. Us citizens share the blame because we had the chance to defeat the energy deregulation proposition that was on the same ballot we used to elect Grey Davis. We believed the IPP industry when they promised lower energy costs due to "free competition". California screwed up. We know. Will you have better success creating a national grid or getting other states to become late-night talk show laughing stocks? Probably not. But, this is America. Apparently IPP's and stupid people infesting stock-chat boards weren't the only ones going through the best-seller "white-collar fraud for pathological liars" with a highlighter instead of paying attention in macroeconomics class.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next