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

To: American Spirit who wrote (166484)	7/31/2001 10:18:20 PM
From: Little Joe	Respond to of 769667

<When did energy price gouging/spikes begin? As soon as Cheney was chosen for the veep spot.> <When did the price spikes peak? Right after Bush took power> The rooster gets up every morning and crows, the sun rises, ergo the rooster makes the sun rise. You hold strong opinions but your arguments need to be better thought out. Little joe

To: American Spirit who wrote (166484)	8/1/2001 12:12:12 AM
From: DavesM	Read Replies (1) \| Respond to of 769667

re: "when all the Clinton regulators were kicked out and replaced by energy industry lobbyist and cronies".... I guess that it doesn't matter that currently, 3 of the 5 FERC commissioners were appointed by President Clinton. Further, I belive that the two FERC Commissioners appointed by President Bush, weren't approved by the Senate and sworn in till late May/early June (the FERC Chairman, was appointed as a Commissioner by President Clinton, and made Chairman by President Bush - as he was the only Republican on the board, at the time). The first vote by GWB's FERC Commissioners was probably the Western rate mitigation plan in June. re:"When did energy price gouging/spikes begin? As soon as Cheney was chosen for the veep spot" There were power alerts through out last summer in California (the first being May 22-I believe). California probably spent a third of the summer of 2000 under some level of emergency power alert. If I remember correctly, PG&E, SCE, and SDG&E were losing close to $2B a month, from July (maybe June) 00 to January 01. The California PUC knew there was a problem with the wholesale price of power, and granted SDG&E a major price increase early last summer-it was rolled back on order of the State Legislature (rate hikes aren't popular ever, but unthinkable during an election year). If the legislature spiked the PUC's grant of a rate hike to SDG&E (in probably the most Republican part of the State), why would the PUC even bother with a rate increase for SCE and PG&E (under the Deregulation plan, only SDG&E met the requirements, that allowed a rate hike anyway). The California Electricity Crisis of 2000-2001, was an example of well known (and accounted for -Constitutionally) weakness of Democracy and Republican forms of government. That it takes so long to make a decision to fix or correct a problem (So Cal Edison's bailout is a perfect example. The Legislature still hasn't finished with Gov. Davis' bail out plan, and its run by Democrats). This is why Governors and Presidents are given the power to declare a state of emergency and seize power. This is what Governor Davis did when SCE and PG&E were no longer able to purchase power for customers. p.s. I think that eitherEnron, Duke or Reliant (can't remember which right now) offered to sell power at $50 per MWhr last summer (the catch being they wanted a long term contract).