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To: Tommaso who wrote (85821)	1/31/2001 7:26:35 PM
From: E. Graphs	Read Replies (1) \| Respond to of 95453

The US taxpayer is going to bail out California. It's already been taken care of through the back door. dailynews.yahoo.com >>Taxpayers may have to repay some of the billions of dollars in debt incurred by two California utilities if the companies default on their obligations, the Republican head of the Senate Energy Committee said on Wednesday.... >>"In the event California cannot repay generators for this power, the federal government is going to have to meet that obligation, because this was an order of the federal government,"...<<

To: Tommaso who wrote (85821)	1/31/2001 9:41:59 PM
From: isopatch	Respond to of 95453

That's about the size of it! Like life imitating looney toons. Good post. Isopatch

To: Tommaso who wrote (85821)	2/1/2001 8:00:36 AM
From: Think4Yourself	Read Replies (3) \| Respond to of 95453

First thing out of the TV speaker this morning was that the California Assembly narrowly voted to kill that bill last night. It is amazing how long all this is taking to get resolved, especially considering that the debt is piling up at the rate of $31,250 per minute. California Assembly Rejects Electricity Utility Bill (Update1) quote.bloomberg.com ``Too many members said this left the possibility of too much debt,'' said James Fisfis, spokesman for Assembly Republican Leader Bill Campbell.