Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CPN: Calpine Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Clement who wrote (459)	9/28/2002 4:20:02 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 555

Inclement, Re: "but before you start using names, I suggest you familiarize yourself a little more with something called "economics".?" Do my eight courses in economics anticipatory of my MBA degree qualify? If not, then perhaps I can introduce you to my erudite dissertation of the failure of economic theory to address the real world by assuming away all environment and exogenous costs not convenient to lazy classical economic theorists. Re: Your assertion that California was a "free market" in the similar way that you suggest was the case in Dahbol, Boliva and Dominican Republic, is akin to the classic strawman argument. You miss the point entirely. Each and every one of these artificial and fraudulent markets was created by the same subset of cretins that encompasses the realm of Ken Lay, Pug Winokur, Jeff Skilling, Chuck Watson, the creeps at EP, DUK, MIR, ILA, Sempra, WMB, C, JPM and a few other select immoral criminals. Re: If you don't have the facts on your side, then dress them out until they are. I've presented the fact case here: Subject 50623 Subject 52277 Subject 52241 It is you who have failed to pay any attention. Re: The reality of globalization is that it makes poor people wealthier, Cite a case. I dare you. In opposition to your case, I'll cite Argentina, Thailand, Russia, Indonesia, most of Africa as areas where globalization has worked to oppress local citizens, diminish their ability to make a living by exporting their most viable commodities and have been saddleed with huge debts imposed by scurrilous bankers feeling no "moral hazard" because of guaranteed IMF bailouts and local power elites which were corrupt and impoverished their populations for the sake of their own pocketbooks. This system is rotten to the core. Everyone knows it. Why are you so naive? Re: You attack the free markets but you don't even know what they are. Right. But I know what they aren't. They aren't George Bush's punitive softwood tariff, they aren't George Bush's punitive steel tariff. They aren't George Bush's ludicrous agricultural subsidies to the rich. Re: the California Energy crisis - blame the people who made the laws. I have been, and vociferously, for the last 18 months. AB 1890 was written by the lawyers for the utility industry and the IPPs. They shut out any participation whatsoever from consumer advocates in the negotiations. This was an inside job that worked perfectly. The IPPs stole $30 Billion from the citizen of California and even more from me and the rest of the citizens of the Pacific Northwest. I'm an unwilling victim of the Utes and IPPs cheating me with their fraudulent AB 1890. And I'm angry. Any more questions? -Ray

To: Clement who wrote (459)	9/28/2002 11:27:31 AM
From: LPS5	Respond to of 555

I suggest you familiarize yourself a little more with something called "economics". No chance. Did you know that "no pricing power means no profits"? Message 17984173 Effortlessly hilarious. Your assertion that California was a "free market" in the similar way that you suggest was the case in Dahbol, Boliva and Dominican Republic, is akin to the classic strawman argument. If you don't have the facts on your side, then dress them out until they are. Not knowing anything about a subject or its' academic underpinnings doesn't deter any of these folks from spewing; in fact, it actually seems to encourage them. [B]lame the people who made the laws. If you can't even figure that out, you deserve to be robbed. It's not even that they were "robbed." Prices went up, and they had to pay them. Under the myth of "deregulation" - a half-assed attempt at emulating laissez faire whose only consistent, predictable result is a reshuffling of former market engineering and price structuring leading to even greater market distortions - problems in California's energy markets, as well as in telecommunications, trucking, and the host of other "deregulated" businesses, were inevitable. It's better termed reregulation. But take responsibility for ones' actions, or the lack of them? Surely you jest. Oozing into the readily-available role of victim in an increasingly paternalist nation is far more comfortable, and doesn't require leaving ones' intellectual, emotional, or even physical comfort zones. LPS5