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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (43500)	12/17/2003 6:13:22 AM
From: Raymond Duray	Read Replies (2) \| Respond to of 74559

The sharks in California circled around the government-created shambles After a hundred hours or more of studying the creation of AB 1890, the enabling legislation for the California fiasco, I respectfully disagree that the mess was "government-created". In fact, the Utes, IPPs, Power Marketers and a mere handful of the largest industrial end users wrote the bill for their own benefit. State Senator Steve Peace (D. San Diego) , the so-called sponsor of the bill, served both as a dupe and a patsy. Excluded from the negotiations were representatives of consumers, consumer advocate NGOs, small business, labor unions, environmentalists or the C-PUC. ********** "Fascism should more properly be called corporatism, since it is the merger of state and corporate power." --Benito Mussolini Industry created this nightmare, and industry wildly profiteered from what they created in the legislature.