The deregulation happened before Gray Davis became governor -- not that
he's handled the crisis well or anything. But the legislation happened.. I
think it was in 94? or 97? While Pete Wilson was in office, anyway. But I
like your analogy. And now that they've seen how tasty the hens are,
they'll go find backdoors in other states' systems & legislation. It's
easier to take advantage of one you've built yourself -- but it won't be
hard for them to find others which exist accidentally.
On Mon, 16 Apr 2001, Antoun Nabhan wrote:
> > On Mon, 16 Apr 2001, JS Kelly wrote:
> > >
> > > --]Laugh while you can, monkey boys -- the power companies will introduce
> > > --]'power crises' in other states also. It's worked so well here so far
> > that
> > > --]it'll get to all the rest of you eventually.
> It seemed odd to me that the state put the success of "deregulation" in the
> hands of power companies that had nice steady income streams under the old
> system and were explicitly loath to give up their nice, predictable,
> high-margin lives. Kind of like letting the foxes construct the hen house:
> don't be surprised if they put some back doors in it. Am I missing
> something about the legislative history of this? Why didn't Grey Davies see
> this crisis coming?
> And as for all the Seattle/California sniping, just remember: you're all
> just decadent West Coasters to to folks Out East. :-)
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