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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (123529)	1/24/2001 8:02:49 PM
From: aknahow	Respond to of 769670

You posted: "No, the law of unintended consequences is always with us. As we see in California -- though I really must point out that it was the utilities who lobbied for the form of deregulation they got; there's no corner on idiocy in that disaster." Not quite true. They opposed it at first and then gave in. Yes, I agree with you that they were idiots to accept the concept of charging a fixed price at the retail level until 2002 while agreeing to pay a market price for the power they would buy. No one in business should ever agree to doing this. apparently they thought they would get away with it until 2002.