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

To: Bearcatbob who wrote (1494)	10/8/2002 5:00:06 PM
From: Quincy	Read Replies (2) \| Respond to of 1715

"the politicians who run California did the evil." You are correct. But, I am confident we disagree on the implication. Mid to early 90's, Energy companies came in waving promises of lower energy costs in the faces of California elected officials while secretly developing ricochet and plant maintenance tricks to cause false shortages. All you had to do was make sure utilities sold their generator plants to third parties to make sure the deal couldn't be reversed and the plan fell in place. Us citizens share the blame because we had the chance to defeat the energy deregulation proposition that was on the same ballot we used to elect Grey Davis. We believed the IPP industry when they promised lower energy costs due to "free competition". California screwed up. We know. Will you have better success creating a national grid or getting other states to become late-night talk show laughing stocks? Probably not. But, this is America. Apparently IPP's and stupid people infesting stock-chat boards weren't the only ones going through the best-seller "white-collar fraud for pathological liars" with a highlighter instead of paying attention in macroeconomics class.