[MNJohnnie]

Thanks Do Nothings in Congress. Thanks Do Nothings in state Legislatures. So who they going to sue when the lights go out? Who they going to impose a windfall profits tax on then?

They are fiddling while Rome burns.

[bruinbirdman]

"Who they going to impose a windfall profits tax on then?"

They will propose increased subsidies for solar, wind and geothermal. Then they will propose subsidies for poor people and the aged.

Nancy Pelosi has already proposed nationalizing the U.S. energy industry.

yitbos

[bruinbirdman]

"They are fiddling while Rome burns."

To finish off the article that was exerpted to 300 words:

"Rather than curse the darkness, invest in government mismanagement. There aren't any good pure-play stocks in backup power, but Cummins (nyse: CMI - 67) and Caterpillar (nyse: CAT - 51), both excellent companies, have some exposure here. Schneider Electric (124, SU) and Emerson Electric (nyse: EMR - 57) sell, among many other things, devices that help industrial customers cope with unreliable electric grids. Utilities may end up running their peak-power natural-gas-fired power plants around the clock, which would be good for Anadarko Petroleum (nyse: APC - 80) and Chesapeake Energy (nyse: CHK - 60)."

yitbos

[dr_lew]

They are fiddling while Rome burns.

... and they are going to blame it all on Bush. Gore Vidal has already said that it's going to take 100 years to undo "Bush's damage". I doubt he will last that long as a whipping boy, but he will do for a decade, I think.