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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (5712)8/3/2001 3:39:28 PM
From: Oral Roberts  Read Replies (1) | Respond to of 93284
 
I have excellent reading comprehension and it is obvious that you don't, so your just going to have to believe me when I say this, those stats insinuated nothing of the sort. And your tirade makes no sense at all. You really should slow down and not attempt to type when hysterical.

Pepsico not paying tax is a problem for you? If you had any understanding of business you would know that the CEO did his job well. Where pray tell would Pepsico get it's money to pay taxes anyhow? Perhaps from say, ahhh, you and every other poor, already overtaxed SOB on the planet.

Still think Pepsico should pay tax? Undoubtedly since you think the government is better able to take care of the people then perhaps some rich dude that starts a foundation to give underprivileged kids money for college.



To: American Spirit who wrote (5712)8/5/2001 3:02:07 PM
From: Lazarus_Long  Respond to of 93284
 
The Coming Energy Glut

Anti-American Spirit: Hope you see this. You Should. Do you get Barron's?
interactive.wsj.com

Too Much Power?

The utility industry's in a building boom. Why skeptics fear a
bust.

By Harlan S. Byrne

Hardly a day went by last year without an announcement that a new electric
power plant had been planned or put under construction somewhere in the
U.S. And who could blame the utility industry for its zealous building binge?
Politicians were wringing their hands about an energy crisis in full view of the
television cameras. The price of electricity was surging from Montauk to
Malibu. Meanwhile, all across California the seething citizenry was sitting in
the dark.

In recent months, however, the blackouts have abated and the lights have
come on again. Electric bills are falling and the politicians have moved on. But
the utility industry's troubles are only just beginning, say several consulting
firms and some candid, and canny, insiders. The industry, they fear, is in the
midst of a building boom that could result in a widespread financial bust.

By some counts the power industry plans to add as much as 290,000
megawatts of generating capacity over the next six years, which would
represent an increase of almost 40% to current capacity of 760,000
megawatts of power. At the same time, the forward price curve for electric
power, which tracks bid and asked prices for power delivered at specified
future points, has been trending down. This has led some industry observers
to predict a power glut, with potentially ugly consequences for firms that are
forced to carry unused generating capacity.

That's just the first three paragraphs. Get Barron's if you can. This is called "the free market at work."