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

To: ThirdEye who wrote (146719)	5/20/2001 11:37:23 PM
From: Gordon A. Langston	Respond to of 769670

My understanding is that the PUC could have changed the rules to allow long-term contracts. There is no evidence Davis urged them to do this and they seemed content to follow his lead<g>. Now he states that he had no control over the PUC, which is not politically true.

To: ThirdEye who wrote (146719)	5/21/2001 11:43:33 AM
From: Peter O'Brien	Read Replies (2) \| Respond to of 769670

>what's a laissaez-faire capitalist doing talking about a "fair profit?" Ummmmm... being sarcastic... I thought that was pretty obvious! I never advocated a price floor for the energy companies in 1998-1999. It is the people who advocate price controls who first introduced the notion of "fair profit" into the discussion, not me! I was merely asking someone else who advocates price controls now if they would have also supported them then. If not, why not? At what point, if any, does their notion of "fair profit" apply when energy prices get "too low". That person has yet to respond, by the way...