At 09:15 AM 5/30/01 -0700 Matt Grimaldi wrote:
>Makes you wonder why all this would "suddenly" happen as soon as
>a former oil company executive becomes President...
Except that it didn't happen suddenly.
Gray Davis was warned of the problem over a year ago. He decided that
price caps benefited him politically in the short run, and is now paying
the price for not preventing the problem in the first place.
JDG - Who notes that the free market is producing power plant construction
at a
frenzied rate*, without the government stepping in at all, thank you very
much.
* - To be precise, 100,000 new MW/day will be available within one year,
which is twice California's daily power usage.
__________________________________________________________
John D. Giorgis - [EMAIL PROTECTED] - ICQ #3527685
"The point of living in a Republic after all, is that we do not live by
majority rule. We live by laws and a variety of institutions designed
to check each other." -Andrew Sullivan 01/29/01
