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To: portage who wrote (83270)3/21/2001 11:06:58 AM
From: pater tenebrarum  Respond to of 436258
 
well, the thing is imo that there simply is no quick fix. and as long as it isn't fixed, California's economy will suffer. black-outs are extremely costly for the economy...can't throw exact figures at you now, but i've read somewhere how much this costs, and the number was surprisingly large. and that isn't counting the cost to the tax payer resulting from the fact that the govt. now has begun eating the utes losses since they're bankrupt. people delude themselves into believing the political trickery about there being no hike in prices for consumers...that's smoke and mirrors, since it still has to be paid by the tax payers in the end.
anyway, it's a great example for a socialistic experiment gone haywire once again. in this sense it is quite astounding that the proposed 'solution' is even more socialistic. i have yet to hear from ANYONE involved that it might be a good idea to leave this to the free market. so this is going to cost Californians a HUGE bundle, completely unnecessarily.
California is a great state in many respects, but your politicians are complete (expletive of your choice).