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To: Think4Yourself who wrote (71982)	8/29/2000 8:54:39 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

JQP/OT Definitely seem to have a gift for shooting holes in the bottom of their boat out there, just like their political counterparts in D.C. No new supply for 10 years! And the news writer chalks up the huge increase in electric rates to deregulation? Really think some remedial reading on the basics of a market economy are overdue for both public policy makers AND the media. Isopatch

To: Think4Yourself who wrote (71982)	8/29/2000 9:03:53 PM
From: patron_anejo_por_favor	Respond to of 95453

<<The California State Senate on Tuesday passed a bill that would cap electricity rates until the end of 2002 for San Diego consumers and small businesses suffering from high utility bills in the wake of deregulation.>> Lessee, what happens when you introduce price controls in a market that's short in supply? Oh yeah, can you say "brownout"?<g>

To: Think4Yourself who wrote (71982)	8/29/2000 9:20:24 PM
From: Frank	Respond to of 95453

JQP-you are totally correct-- the CA Bill would simply insure CA has power shortages for years to come. These lawmakers blame anyone but themselves. They just don't get it in CA and are digging bigger and bigger holes for themselves and their children. Their refusal to build power plants will make them pay and pay and pay. --Frank