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Politics : Gray Davis-- Governor Moonbeam the Second -- Ignore unavailable to you. Want to Upgrade?

To: Don Knowlton who wrote (7)	4/25/2001 6:59:19 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 9

Hi Don: There were so many policy mistakes it is difficult to know where to start, from the long term policy mistakes of making it difficult to build power plants and of going to all gas, to the PUC mistake last summer of not allowing utilities to go into long term contracts, to the recent mistake of having the state subsidizing electricity purchases for the whole state. Maybe I am an extremist, but I favor the immediate BK of PGE and Edison, and the immediate deregulation of all electricity prices. If the state wants to do something it should just focus on helping the poor deal with electricity bills. For the $10B the state has already spent on electricity, it could have subsidized electricity bills for the poorest 1 million households in the state for more than 5 years, more than enough to allow supply to catch up. Most homeowners have already absorbed tremendous gas price increases (gas is deregulated) and I fail to see the difference between electricity and gas. I also think that all localities that turn down new power plants should be immediately disconnected from the power grid. Best regards, Bernard Levy PS: Although I spend much time bashing the two MoonBeams, I don't think Wilson was such a bargain either. On the other hand, I really liked the Duke.