Interesting article in the San Jose Mercury today. Duke corporation,
according to one of its employees, intentionally reduced generation capacity
in order to cause a fake shortage and jack up the prices. Another anecdotal
evidence that prompts me to believe that this whole shortage is a make
believe, is the fact that we just had the hottest week of the year in the
bay area and there not a minute of black out happened as a result of it. The
whole crisis is probably going to fade away now that the state has made
those multibillion dollar contracts with the producers.
Although I agree with you on almost everything, trying to blame only the
energy producers is probably not the prudent thing in my opinion. We have
become a society of gougers. Wherever there is a sign of prosperity, the
greed factor in people flourishes. As an example, in our own back yard, we
have seen what has happened to the real estate prices. People who bought
their homes only a few years ago are now asking for double the purchase
price. But nobody is calling these homeowners greedy or price gouger. My
point is that the creation of huge wealth in California in recent years,
especially due to the high tech boom, has prompted everyone who does
business in this area, to try to maximize their profit, and this is not
exclusive to energy producers.
Ben Yousefi, SE
San Jose, CA
From: Gerard Madden [SMTP:GMadden(--nospam--at)mplusl.com]
Sent: Thursday, June 21, 2001 9:53 AM
Subject: Re: California's Rolling Blackouts
As a former employee of the Enron Corporation, I'll keep my personal
knowledge of the situation to myself.
All I'll say is that our two previous two-term Republican Governors
did less than Davis and were in charge when this mess began with the
Deregulation for Dummies plan. Supply and demand is a joke when the supply
is being manipulated. Maybe you need some more work on your Tan, but out
here, some elderly people suffer when their AC gets shut off or they can't
pay there bill that has doubled or tripled through no fault of their own.
Potshot of president bush ... okay, need I go back to all of Clinton
bashing by the Lone Star representatives on this list?
Bill got his message out, he feels good. I am glad he is able to
speak his mind ... However, he felt the need to post his entire editorial to
this list without any background on the topic other than citing the article
he was responding to. No context was given and we hear one side of the
I too feel there is a tremendous amount of waste in our government.
I think it occurs in both political parties and it's unfortunate. SETI, STAR
WARS, Camp David, 700 dollar hammers, want me to go on? I just can't wait
for that huge check from the IRS thanks to GWB to arrive so I can go get
Super Sized Big Mac once a month instead of the happy meal.
Enjoy the pool, AC, and the SUV - I ain't jealous one bit.
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