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To: cnyndwllr who wrote (85110)1/23/2001 1:20:47 PM
From: Gottfried  Read Replies (2) | Respond to of 95453
 
Ed, OT *** CA energy crisis
Governor Davis is being critizised for trying to keep a promise: not to raise energy costs. This is one instance where I would encourage a politician to break a promise.

Gottfried



To: cnyndwllr who wrote (85110)1/23/2001 1:24:45 PM
From: Timelord  Read Replies (2) | Respond to of 95453
 
PS, those of us Californians planning to attend the rig party need a date soon so we can start hiking out there.

Hhmmm. I was considering riding my skateboard <g>.

Alex

PS. Watch what you say about Raider fans, I'm an Oakland native who's been one since I knew what a football was (No, I wasn't one of the guys in the Black Hole...). Incidentally, if you check paragraph 6 of your contract, it is strictly forbidden to speak fondly of California, as it tends to attract the riff-raff <g>. So everyone, please ignore cnyndwllr's comments - California sucks, our politicians are stupid, and we're all a bunch of panty-waist tree-huggers. Thank you.



To: cnyndwllr who wrote (85110)1/23/2001 1:34:12 PM
From: gamesmistress  Read Replies (1) | Respond to of 95453
 
Howzabout I send the CA utilities (or maybe the legislature) $10? I'd make it more but I just opened my heating bill for the past month and it doubled from the month before.

I grew up a long time ago, on a planet far far away (planet New Hampshire, home of "Live Free or Die," and one of maybe a couple US states still with no sales or income tax). One result of growing up there was an awareness of the relationship between services and $$$$, since most services were provided at the local level. Lots of people have moved there because of the low taxes (except property). Then they find out hey, no garbage pickup! No free kindergarten! Etc, etc. Yep, those things cost money. Many Californians seem to have lost that perspective, and have substituted a righteous sense of entitlement that they can have it all, all the time, and keep putting off paying for it.

The simple answer is to assist California in providing a short term fix that doesn't pour sugar in the California gas tank and that gives California the time to structure a long term solution. It will likely cost California some serious money and will result in some adverse environmental impacts. That's life.

*I* agree with this. Problem is, the movers and shakers in CA are acting as if all the other players in this drama - other western states, the power generators, the federal government - should sacrifice their own interests to save CA's bacon. There is no sense of everybody working together to solve this to all the players' benefit as much as possible, only name-calling and no grasp of current financial and market reality. This whole thing is rapidly slipping from Sacramento's grip.



To: cnyndwllr who wrote (85110)1/23/2001 1:48:29 PM
From: kodiak_bull  Read Replies (2) | Respond to of 95453
 
Yo, Ed,

I hope you don't think I'm one of the California bashers. I love California, especially the Bay Area. As for a short & long term solution to the problem, I think the easiest one is clearly the most obvious one. Sell State of Calif. bonds to refinance the utility debt and get creditworthy again, change the law so that utilities can enter into long term supply contracts (yes, today they will be pricier than they would have been 12 months ago but that's life) and pass on the rate increases, slowly but surely, to the consumers so they can understand the true cost of the power they crave and alter their usage patterns. I don't have any problem if California wants to "import" all its energy from Utah and Nevada, anymore than I have a problem if California wants to "import" all its cars from Detroit and the Rust Belt, its oil from the Gulf of Mexico and Prudhoe Bay or its financial services from NY and Boston. No one claims that because many of the goods bought by Californicators are manufactured in places less pristine (Detroit, Houston) that those places are manufacturing colonies for the Big Bear State.

But GWB is correct, the problem is a state made problem and the solution needs to be a state made (flick of the pen) solution. Unless California's credit rating is so poor that it needs a Federal guarantee, there really is no role for the Feds in this, imvvvvho.

Regards,

Kb