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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Second_Titan who wrote (6996)	8/24/2001 3:56:14 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 23153

quehubo007, Now this is a statement I can agree with: Washington Public Counsel Simon Fitch, who represents ratepayers in utility cases, says the rate increases "appear to be an effort to shift the risks of power-cost fluctuations to ratepayers from stockholders." ENE and Portland General Electric made a bad bet. They ought to be adult enough to live with the consequences of their flawed decision-making. They helped in a number of ways to create the mess last winter and I have zero sympathy for their current plight. It is a rather wonderful "Through A Looking Glass" argument they make. "Prices are down, so we have to raise rates!" The Red Queen would be proud. Ray