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To: 16yearcycle who wrote (6051)4/3/2001 5:25:58 PM
From: Libbyt  Read Replies (1) | Respond to of 57684
 
...the utilities will be assisted just as the banks were 10 years ago.

Maybe it is a major overreaction on my part, but IMO having the utilities assisted will not be enough to help this problem as quickly as help is needed. There needs to be a "working solution" to the problem...as far as I can see, there isn't one yet! Tax credits should be given to those who spend money on alternative energy home improvement projects...such as adding solar panels, and being able to generate electricity for an individual home. There are quite a few people who are living on modest incomes who are having difficulty paying their utility bills.

When I was a volunteer on the crisis phone line, we often received phone calls from those unable to pay their utility bills, and facing the possibility of having their utilities disconnected. At that time, these calls mainly arrived in the peak hot summer months, and sometimes during an especially cold winter. Almost all of the callers were receiving public assistance...but now many "ordinary working citizens" are facing some of the same problems.

Maybe I've answered my earlier question to you....this energy crisis which has IMO has a very negative effect on the economy of California would be a very good "excuse" for Greenspan to lower interest rates before the next FOMC meeting.