Posted on 08/12/2002 4:57:27 PM PDT by NormsRevenge
Edited on 04/12/2004 5:41:46 PM PDT by Jim Robinson. [history]
SACRAMENTO (AP) - The state Senate, in a fiery two-hour debate that stirred old passions about rolling blackouts and price manipulation by now-bankrupt energy traders, confirmed the nomination Monday of 76-year-old S. David Freeman as the state's top energy chief.
(Excerpt) Read more at sacbee.com ...
To say that he is an enemy of conservatives is an enormous understatement.
That seems to be the mission that Davis and Democrats have for him!http://www.freerepublic.com/focus/news/731359/default.asp?func=news&cid=1418&nid=366
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California Just Hates Gougers So Whos Its Top Energy Adviser?
You might find his PBS interview informative, though. I found that on the House website of Vermont Socialist, Bernie Sanders.
Here's a prime example:
"The United States could reduce its demand for energy by as much as 50% if only it would establish a federal agency large enough and forceful enough to impose rationing (on heating fuel as well as gasoline), allocate resources, rearrange the international oil market, set prices, raise taxes, issue energy stamps and redistribute income."
How do you like that?
Besides, if and when Simons wins, we might be treated to the specticle of Freeman being fired! I guess there might be a silver lining.
Have you seen the Rough & Tumble summary of the LA Times article on power bonds?
To ease Wall Street's fears that electricity prices will again go haywire, California officials have boosted the size of the energy crisis bond--already the biggest borrowing by a government agency in U.S. history--from $11.1 billion to $11.95 billion. The additional money is to be used as a cash buffer in case power prices skyrocket.
I don't do the LA Times, so I don't know the full article, but it sounds like things are progressing for a bond issue.
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