Hi Harry,
> Ray,
>
> I blamed the governors - Republican Pete Wilson and Democratic Gray Davis
> for failing to build any utilities while the population of California
> increased 20%.
>
> I blamed the governors - Republican Pete Wilson and Democratic Gray Davis
> for failing to build any utilities while the population of California
> increased 20%.
Yeh, I feel the same way about
the mayors of New York who fail to take care of the bridges.
>
> However, the deregulation nonsense they encumbered us with was beyond
> belief. They got the existing utilities to divest themselves of their power
> plants, then did something even more stupid. They allowed the wholesale
> price of electricity to float free, but fixed the prices at retail. When
> wholesale prices rose, the local companies could not raise their prices to
> pay for it. So, they began to go broke.\
What advantage did they gain by doing that?
>
> As I recall, the local companies had to go to a room in Pasadena to get
> their spot prices. It was a very dubious deregulation to say the least.
>
> As I recall, the local companies had to go to a room in Pasadena to get
> their spot prices. It was a very dubious deregulation to say the least.
Do you believe that deregulation was a good and
necessary action?
>
> Had retail prices been allowed to soar, electricity consumption would have
> sunk and the source companies would have lost money, so they would have had
> to lower prices to get to an optimum (and economic) supply.
>
> Had retail prices been allowed to soar, electricity consumption would have
> sunk and the source companies would have lost money, so they would have had
> to lower prices to get to an optimum (and economic) supply.
Isn't the point a matter of degree? You
could make the same argument for less police since crime can be a limiting
factor on too much growth.
>
> Davis hadn't finished. When supply prices reached their peak, he entered
> into a long term contract. Then, prices inevitably began to drop -
> seriously. But, California was stuck with the contracted high prices. Davis
> has been trying to get out of the contract, I'm not sure with what success.
>
> Davis hadn't finished. When supply prices reached their peak, he entered
> into a long term contract. Then, prices inevitably began to drop -
> seriously. But, California was stuck with the contracted high prices. Davis
> has been trying to get out of the contract, I'm not sure with what success.
This is history, why aren't you commenting on the court
case brought by the government against the companies that has exonerated Davis's
story about what happened. It was pure and simple price
gouging on a colossal scale that drove people out of their businesses and caused
others to lose their homes. Doesn't all of this sound a little like
the discussions about collateral damage and human shields?
Either way it is the ordinary person who is supposed to be benefited but is
assaulted but never helped much in their lives. What is the point of
government at all if it doesn't level the playing field and help the citizens?
>
> Davis inherited a $12 billion dollar surplus that he successfully turned
> into either a $25 billion or a $35 billion deficit (I've heard both, but
> pessimistically assume it's the higher figure). Now he's cutting school
> funding and suchlike. So, teachers are awaiting the pink slips to arrive in
> the mail for the next school year.
>
> Davis inherited a $12 billion dollar surplus that he successfully turned
> into either a $25 billion or a $35 billion deficit (I've heard both, but
> pessimistically assume it's the higher figure). Now he's cutting school
> funding and suchlike. So, teachers are awaiting the pink slips to arrive in
> the mail for the next school year.
Sounds like New York. I have a student who
lost 4/5ths of her actual wealth in the stock market. It wasn't
paper wealth to begin with but most of it was actual. New York
and the other States have experienced similar losses. Are you
saying that someone else other than Davis would not have had the problem or is
this a problem related to the country and the recession?
>
> He isn't much good at hiding the dirty tricks, and he has sold bunches of
> privileges for cash contributions which are quite open. He may be dumb.
> But, he has white hair and looks like a governor, so I suppose it must be
> all right.
>
> He isn't much good at hiding the dirty tricks, and he has sold bunches of
> privileges for cash contributions which are quite open. He may be dumb.
> But, he has white hair and looks like a governor, so I suppose it must be
> all right.
You live there I don't so I will have to take your word
on that. I was just pointing out that his statements about price
gauging that were demeaned by almost everyone have not been supported by the
Federal Government and warrents have been issued for people's arrest as well as
licenses being revoked in the energy industry.
REH
>
> Ray wrote:
>
> >Keith you said:
> > > I think this war is an abomination and has been started for ulterior
> >motives
> > > which are all to do with the meeting of the National Security Council
> >which
> > > met on Deptember 12 2001 and put the security of Iraqi oil at the top of
> > > the agenda not to do with any of the various fictitious reasons that have
> > > been advanced since.
> >
> >Great story Keith well said.
> >
> >As I've been watching the Stock Market respond positively to the war I have
> >been reminded of a comment by Keynes that I can't find to quote. But it
> >went something like this: "Wars are one of the ways that we rescue ailing
> >economys." If the quote isn't Keynes perhaps you economists could correct
> >me and if it is I would be interested in the source. Either way this war
> >is going to not kill as many of the population as in the past so that won't
> >help the labor market but it will destroy a lot of hardware that will need
> >to be replaced and then there are all of those claims against America by
> >Iraqis not to mention the oil and the brand new infra-structure that we will
> >finance as we did in Europe. Of course over here it will continue to go
> >to pot as the Arts have done and as they let the Steel Mills in Youngstown,
> >Ohio and the many factory companies in New York City that are closing up
> >shop with antiquated equipment and no capital. Everyone here is looking
> >to be laid off. Of course if they work for Halliburton they won't be and
> >the industries for Iraq will get a big shot in the arm. They may even get
> >the wealthy to invest that money they are getting back if Bush gets his tax
> >breaks through and if it all works and as Nixon said: "They are all
> >Keynsians now." then we may get a little relief from the constant
> >Neo-classical crowing from the Friedman school but I doubt it. Chicago
> >never could get over being second.
> >
> >Researching Keynes life it is interesting to see how many times the two
> >parties have traded places. The problem with Bush may not be what he's
> >doing but that his reasons for doing them are unconscious and poorly evolved
> >due to his mediocrity. Did anyone see the Republican "Leni Riefenstal"
> >Frank Luntz in Turkey tonight. He looked like he had been hit in the face
> >by the power of the disagreement of the young Turks speaking in Luntz's
> >native tongue more articulately than many of the Americans in his focus
> >groups back home. They weren't shaped by his words being endlessly
> >repeated by the corporate media back here as our citizens have been.
> >
> >REH
> >
> >PS Harry, don't I remember you blaming Gray Davis for the California energy
> >disaster? Seems the law didn't agree with you since they have fined
> >almost every single energy company in America for bilking California. It
> >may have been bad law but I suspect they were caught in an R.D. Lang "Knot."
> >They were afraid that deregulation would make fools of them so they created
> >a bad deregulation that made it easier for that to be accomplished. Give
> >me a good old fashioned despot any time compare to that. (just kidding of
> >course). REH
> >
> >"Fear is the enemy" Frank Herbert
> >
> >----- Original Message -----
> >From: "Keith Hudson" <[EMAIL PROTECTED]>
> >To: "Harry Pollard" <[EMAIL PROTECTED]>
> >Cc: <[EMAIL PROTECTED]>
> >Sent: Wednesday, March 26, 2003 2:56 PM
> >Subject: Silk parachutes ( was Re: [Futurework] B52s overhead again last
> >night
> >
> >
> > > Harry,
> > >
> > > At 10:04 25/03/03 -0800, you wrote:
> > > (HP)
> > > >Keith,
> > > >
> > > >Those "land mines" came down with parachutes so they burst above ground.
> > > >They were terrifying.
> > >
> > > Yes, each one was capable of destroying several houses and digging a hole
> > > several yards deep. Amazingly, the three land mines that dropped in our
> > > street didn't explode and it was considered that they were magnetic. In
> > > fact, my father (who was a policemen and had decided to patrol his own
> > > street during the raid) had to pull one neighbour away from the landmine
> >in
> > > his garden because he'd got out his stepladder and garden shears and was
> > > about to mount the landmine and cut off the parachute (for reasons of
> > > strength, the parachutes were made of silk -- much desired by the ladies).
> > >
> > > It wasn't until a year or two ago that I discovered why our batch of
> > > landmines didn't explode. They were made by 'slave labour' in Polish
> > > factories under the supervision of German SS guards. The Poles quietly
> > > sabotaged the detonators whenever they could. I owe my life to some
> >unknown
> > > Pole (or two) because two of the landmines were within a few yards on our
> > > house where I was under the stairs with my brother. I would certainly have
> > > been killed had either of them exploded. When my mother was in the garden
> > > and saw the landmines coming down she thought the parachutes were German
> > > troops, but she said nothing to us thinking we would have been scared. But
> > > we probably wouldn't have been (see below).
> > >
> > > (HP)
> > > >While you were experiencing the bombing in Coventry, I was camping on the
> > > >outskirts.
> > > >
> > > >When the bombs began to fall, a platoon of WAAFS about a quarter mile
> >away
> > > >were struggling to get their barrage balloon up in the sky. Shrill voices
> > > >shouting in the night - which carried to the kid in the tent - eventually
> > > >got the balloon up in the sky. Being stupidly young, I watched the
> >bombing
> > > >(in an open field) and enjoyed the efforts of the ladies as they got
> >their
> > > >balloon in place.
> > >
> > > Cor, you've reminded me of those strange things. There were hundreds of
> > > them all over the place. But I don't suppose they downed a single bomber.
> > > I guess they were mainly for psychological reasons. No . . . I suppose
> >they
> > > stopped low level straffing.
> > >
> > > After one daylight raid, one German bomber flew only a yard or two over
> >the
> > > chimney pots of the houses in the next street from us. My brother and I
> > > heard it from the distance and ran out into the garden to see it. Being
> > > only 5 and 8 years old respectively we thought this was very exciting and
> > > waved wildly to the German pilot, hoping he would wave back. We could see
> > > him clearly through the glass cockpit bubble with his goggles and all. But
> > > he was, in fact, in desperate trouble with failed engines and he landed
> > > only a little distance away in the local park, crashing throught the
> > > bandstand as he did so. He died, of course. He'd jettisoned his bombs on
> >a
> > > playing field about a quarter of a mile away. I think he did so in case he
> > > crashed into houses -- if so, a real gentleman.
> > >
> > > (HP)
> > > >We were both too young then to have a beer together - something I hope
> >will
> > > >be remedied this summer.
> > >
> > > I look forward to meeting you if you come here. But bear in mind that I
> > > think this war is an abomination and has been started for ulterior motives
> > > which are all to do with the meeting of the National Security Council
> >which
> > > met on Deptember 12 2001 and put the security of Iraqi oil at the top of
> > > the agenda not to do with any of the various fictitious reasons that have
> > > been advanced since.
> > >
> > > Keith Hudson
> > >
> > > --------------------------------------------------------------------------
> >--
> > > ------------
> > >
> > > Keith Hudson, General Editor, Handlo Music, http://www.handlo.com
> > > 6 Upper Camden Place, Bath BA1 5HX, England
> > > Tel: +44 1225 312622; Fax: +44 1225 447727; mailto:[EMAIL PROTECTED]
> > > ________________________________________________________________________
> > > _______________________________________________
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> > > [EMAIL PROTECTED]
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> > >
> >
> >
> >
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> ******************************
> Harry Pollard
> Henry George School of LA
> Box 655
> Tujunga CA 91042
> [EMAIL PROTECTED]
> Tel: (818) 352-4141
> Fax: (818) 353-2242
> *******************************
>
>
>
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