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To: Carry_Okie
You make some good points, but I still don't see any winners. We know California consumers and taxpayers are losers in this mess. Gray Davis has been damaged politically, possibly beyond redemption.

The evil power producers are all on the ropes. Enron is gone for all practical purposes. Even Calpine, Davis's favorite power company, is struggling to stay afloat.

The environmentalists took a major hit, rightly receiving much of the blame for the lack of generating capacity in the state.

Wall Street may make some money out of the wreckage here, assuming they choose to underwrite some debt financing, but their cut is peanuts compared to the billions squandered in the fiasco.

I'm kind of like that little kid in the movie Sixth Sense, except that I see losers everywhere.

13 posted on 06/10/2002 10:40:51 AM PDT by Dog Gone
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To: Dog Gone
Didja like that "Organization of Food Use Control Knowledge"?

I thought it an appropriate touch.

15 posted on 06/10/2002 12:16:08 PM PDT by Carry_Okie
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