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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (37648)	4/3/2004 11:48:07 AM
From: LindyBill	Read Replies (1) \| Respond to of 793877

re the latter, that's pretty much my recollection of what went on. In those areas where I had a close enough opportunity to observe, he's right on That again, depends on the slant. Events happen, and then people give their opinion as to why. Government regulation consistently distorts the "market." SUV's would not exist if it had not been for "CAFE." Power plant operators found that regulation increased the price of building and operating coal fired plants. So they let them go, and built natural gas plants in the boonies. This caused an increase in price and shortage of natural gas, and an increase in electric prices due to the length of the transmission lines from the consumers. Was this "greedy capitalists ripping off the public," or "natural result of finding a way to make money in a Government regulated environment?" When the electrical shortage hit California in 2000, it became evident that no new power plant had opened in the state in 20 years, and people were having to pay extra to import power. Were the spikes and distortions in the power market due to California mis-deregulation by business hating regulators, or to greedy businessmen? My POV is that the energy mess we find ourselves in was directly created by the Government. Starting with the first Government approved utility monopolies in the 20s. We are living with exactly the same problems in the communication industries. It is hard to find an industry that does not suffer from the effects of regulators.