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Politics : IMPEACH GRAY DAVIS! -- Ignore unavailable to you. Want to Upgrade?

To: Brian Nichols who wrote (171)	1/12/2003 12:43:25 PM
From: Lazarus_Long	Respond to of 1641

The reference regarding a 5X increase was to NATURAL GAS, NOT electricity. One of my links contains NG prices on a month-by-month basis. And I already stated electricity prices would be different. And that those yearly prices were the best I can find. If you can find good monthly prices, you are certainly welcome to post them.

To: Brian Nichols who wrote (171)	1/12/2003 2:14:17 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 1641

to be fair, Davis was between a rock and a hard place on this and I'm not sure he could have handled it any differently. I have to say Bush's indifference especially given the Enron fraud and the WH ties to Enron really bug me. I know the companies in Silicon Valley were of utmost importance to Davis at that time, and they were demanding the lights stay on and refusing to pay the gauged price. What was Davis to do? Damned eitherway. But this conversation has diverged into this energy situation as if it were the cause of Davis's ineptitude... imo that isn't it... I think the entire year 2002 was "flashing a warning light on the dashboard of the California economy"- bigtime and from what I could see absolutely no upfront work was done to prepare for the impending crisis. That is my issue with Davis, not energy. Davis was apparently on Kudlow and Cramer (I didn't see the show) and said 1/3 of the tax base of California came from capital gains and stock options in the 90s. OK- so given that fact... did it occur to anybody in Sacramento that maybe we have a problem if the market totally collapses especially the nasdaq? And the more I think about it the more I realize these tax increases are permanent because capital gains taxes are going to be nil for a long time what with all the accrued losses out there. Lizzie