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Pastimes : The California Energy Crisis - Information & Forum -- Ignore unavailable to you. Want to Upgrade?

To: Gordon A. Langston who wrote (411)	6/8/2001 1:17:15 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 1715

Hi Gordon, Re: There's some good material in this, someone should write a book. I've certainly considered it. There's an amazing story here. Greed, grasping, gratuties and grandstanding. This one has it all. Re: I can't figure whether it's a heavyweight fight or some clowns at the circus. I beg to differ. That's it in a nutshell. "A heavyweight fight of some clowns at the circus." So fitting for the land of fruits and nuts. Re: I think Davis's desperate efforts show how outclassed he thinks he is in this battle. Absolutely no question that Davis has been outmaneuvered at most every turn. The Wall Street MBAs who rounded up utility execs in Aspen, CO in October of '97 for a summit on A.B. 1890 knew exactly what they were up to. Gaming the system for all it was worth. It's so wonderful to see a plan come together. <w> I'll make you a prediction. I think we'll soon see enough power generation coming into the California market to avoid most if not all of the rolling blackouts that have been threatened for the summer. Logic? Because the anger among those who've been victimized by this scam is rising to a boiling point and the cabal has the good sense to know that if they push their advantage too much farther that they stand to destroy their larger scheme to stick it to the rest of the country just the same as they did to California. I personally would like to see criminal prosecutions of some of these CEOs of the energy pirates, but that's only my fantasy. I'd settle for the turkey who was the administrator of the BPA in the summer of 2000 and committed to system to selling 11,000 Mw of power while BPA had generating capacity of only 8,000 Mw. He reminds me of that old Wall Street line about short selling: "He who sells what isn't his'n, has to make it right or go to prison." Best, Ray :)