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Re: Aquatic Plants Digest V5 #212
>Date: Fri, 12 Jul 2002 15:43:00 EDT
>From: Billinet at aol_com
>Subject: Re: CA Electric Deregulation - Tom's Comment
>
>This is off topic but it might prove educational.
It wasn't.
>In the final analysis, the people of CA are responsible
>for electing as their representatives people who are
> beholden to an outmoded, leftist philosophy.
It's tempting to think that CA's deregulation law was
proposed by pot smoking hippies trying outlaw profit while
idly dreaming about solar power. It's totally wrong.
"hippies" opposed the plan, it was "pro business"
politicians of both parties that supported it, as did the
utilities.
The DOE report left out why the rate to consumers was
fixed in the first place -- because the IOUs were being
paid a premium rate so the public could pay off their
lousy investments.
Leftist ideology? I don't think so. We paid extra for
"deregulation" and now revisionist apologists claim it's
all our fault for expecting "something for nothing". It's
ignorant of the law and ignorant of the facts, and it
insults our intelligence. Go sing that tune to someone
stupid enough to believe it.