Harry, please remember that Californians are not the only ones who suffered financial losses and became tied to costly utility contracts directly from the fake energy crises.  The states of Oregon, Washington, Idaho and maybe Nevada are locked into contracts generated under those false premises.  We gave California our surplus power and faced brownouts in order to share, without guarantee the winter trade north would occur.  Our rates are higher and we are paying more because of that mess.

Davis can be blamed for being inattentive and/or misguided, perhaps, but it was not "his" deregulation that caused the loss to the state of California - there are more bad guys here than just one.  In the early 90s, I shuffled paper for the Battelle sub consultants under the Dept of Energy that regularly advised Bonneville Power Administration and on a special project, the state of California, to proceed with energy deregulation.  I remember that it was a hotly debated position among the economists and scientists on staff, based on their information, hypotheticals, and interest in free market advantages at the time.  I've often wished that I could hear what they had to say off the record about it ten years later, but probably not much of it is printable in a family newspaper. 

Speaking of manmade disasters and non-regulation, have you seen the story in the NYT Oil Rush in Siberia puts other treasures at risk?

By the way, I’ve always said the two actors I would like to interview about their politics, the price of success and being mavericks, were Arnold and Jane Fonda. 

Sadly, CNN and the online papers are today full of the California recall circus, with the red trailer at the bottom saying “Latest allegations were in 2000”.  This is not great electoral democracy, not good for Californians or the rest of us, but it is good for the 24/7 media, or its worst side.  Also see the WP editorial, The Wretched Recall

-KWC

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