What terrific citizens. Just the kind of people I would like to live next door or marry my daughter.
REH ----- Original Message ----- From: <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]>; <[EMAIL PROTECTED]>; <[EMAIL PROTECTED]> Cc: <[EMAIL PROTECTED]> Sent: Friday, August 29, 2003 9:03 AM Subject: RE: [Futurework] the "Cost Efficiency" of Deregulation > As I read the article it seemed to say " boys, if we want this game to > continue, there has to be some rules. With no rules the game threatens to > implode. So,let the government make the rules so we can go on making money. > Later on we can continue carping about too much government this and too much > government that. Meanwhile we can rake it in." > > arthur > > -----Original Message----- > From: Ray Evans Harrell [mailto:[EMAIL PROTECTED] > Sent: Thursday, August 28, 2003 6:58 PM > To: Brad McCormick, Ed.D.; Christoph Reuss > Cc: [EMAIL PROTECTED] > Subject: Re: [Futurework] the "Cost Efficiency" of Deregulation > > > Brad, > I cited the front page article in today's W$J that > > said markets need to be regulated -- not to get rid > > of them (as leftists would like...), but to > > prevent them from self-destructing (enlightened > > conservatism...). > > > It is a schuzzy thing that the right always tells the left about what it > believes. During the cold war those same neo-cons were a part of the > Congress for Cultural Freedom that pushed non-Communist Socialism (that was > a mixed economy) in Europe as an alternative to Communist Socialism. > Europe bought it and now has the best standard of overall living in the > world as well as the best cultural and the best social programs. But here > we get "compassionate conservatives" who believe in "re-regulation"? > You've got to be kidding. What do they smoke out there in those upper > class communities? > > REH > > > > ----- Original Message ----- > From: "Brad McCormick, Ed.D." <[EMAIL PROTECTED]> > To: "Christoph Reuss" <[EMAIL PROTECTED]> > Cc: <[EMAIL PROTECTED]> > Sent: Thursday, August 28, 2003 5:57 PM > Subject: Re: [Futurework] the "Cost Efficiency" of Deregulation > > > > Christoph Reuss wrote: > > > Cost of fixing the dilapidated U$ power grid: $100 Billion. > > > Cost of NOT fixing the dilapidated U$ power grid: $100 Billion PER > YEAR. > > > > > > So why hasn't it been fixed/upgraded long ago? Deregulation... > > > > To quote Paul Krugman: > > > > faith-based deregulation > > > > I cited the front page article in today's W$J that > > said markets need to be regulated -- not to get rid > > of them (as leftists would like...), but to > > prevent them from self-destructing (enlightened > > conservatism...). > > > > \brad mccormick > > > > > > > > > > > > > > http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030825/us_nm/power_black > out_transmission_dc_5 > > > > > > > > > Power Grid Upgrade to Cost Customers $100 Billion > > > > > > Mon Aug 25, 3:20 PM ET > > > By Chris Baltimore > > > > > > WASHINGTON (Reuters) - U.S. consumers would have to foot a > > > $100 billion bill to upgrade the nation's rickety electric transmission > > > grid but could reap five-fold savings from cheaper power costs, > > > according to an industry report released on Monday. > > > > > > The Electric Power Research Institute, a utility-funded group > > > based in Palo Alto, California, said sizable investment is needed > > > to prevent a repeat of the massive Aug. 14 blackout which left > > > more than 50 million people without power and exposed the > > > dilapidated state of the nation's power grid. > > > > > > The root of the problem is longtime institutional neglect of the > nation's > > > transmission grid, which could only be reversed by hefty spending, the > > > group said. The $100 billion price tag to fix the problem is "the best > > > estimate that we can do at present," said Stephen Gehl, director of > > > strategic technology for the group. "It's an approximate number -- we > > > would be the first to say that." > > > > > > "The pressures of cost containment have essentially stifled and > > > deferred needed infrastructure investment in the electricity sector for > at > > > least two decades," the report said. It said the investment deficit is > now > > > running at about $20 billion a year. > > > > > > The Edison Electric Institute, the biggest U.S. utility lobbying group, > > > has pegged the cost of needed long-distance transmission projects at > > > $56 billion over the next nine years, not including local distribution > > > projects. > > > > > > Long-haul transmission lines transport high-voltage electricity from > > > generation plants to central hubs, where it is funneled through local > > > utilities' distribution networks to homes and businesses at a lower > > > voltage. > > > > > > Transmission projects have suffered at the same time as companies > > > have invested in new power generating plants. > > > > > > While the cost of upgrading transmission lines would be large, the > > > potential payoff would be huge, the industry group said. Power grid > > > bottlenecks and system glitches cost the U.S. economy an estimated > > > $100 billion a year -- 1 percent of total U.S. gross domestic product, > it > > > said. > > > > > > The average U.S. consumer would see annual power bills rise by less > > > than $100 to pay for new transmission projects but would save $500 a > > > year from lower power costs, the group said. > > > > > > Activist groups said consumers shouldn't be stuck paying the bill. > > > > > > Mark Cooper, an economist at the Consumer Federation of America, > > > said the upgrades would be a raw deal for ratepayers, saying billions > > > of dollars in hidden costs were needed to finance new grid projects. > > > > > > "The billion dollar benefits don't materialize tomorrow," Cooper said. > > > "If you match the stream of costs to the stream of benefits, this is a > > > terrible deal for the American consumer." > > > > > > The Federal Energy Regulatory Commission (news - web sites) > > > (FERC), which has proposed rules to boost incentives for utilities that > > > build new transmission capacity, said consumers would clearly > > > benefit. > > > > > > Transmission accounts for only 10 percent of a consumer's power bill, > > > but new grid projects could return rewards far greater than their cost, > > > FERC spokesman Bryan Lee said. > > > > > > "We're confident these improvements will eliminate bottlenecks, > > > improve grid access and help reduce the commodity cost of the > > > delivered bill," Lee said. > > > > > > > > > _______________________________________________ > > > Futurework mailing list > > > [EMAIL PROTECTED] > > > http://scribe.uwaterloo.ca/mailman/listinfo/futurework > > > > > > > > > -- > > Let your light so shine before men, > > that they may see your good works.... (Matt 5:16) > > > > Prove all things; hold fast that which is good. (1 Thes 5:21) > > > > <![%THINK;[SGML+APL]]> Brad McCormick, Ed.D. / [EMAIL PROTECTED] > > ----------------------------------------------------------------- > > Visit my website ==> http://www.users.cloud9.net/~bradmcc/ > > > > _______________________________________________ > > Futurework mailing list > > [EMAIL PROTECTED] > > http://scribe.uwaterloo.ca/mailman/listinfo/futurework > > > _______________________________________________ > Futurework mailing list > [EMAIL PROTECTED] > http://scribe.uwaterloo.ca/mailman/listinfo/futurework _______________________________________________ Futurework mailing list [EMAIL PROTECTED] http://scribe.uwaterloo.ca/mailman/listinfo/futurework
