Replies

Not one Republican voted to confirm Freeman? Where, oh where, is lewislynn, a.k.a. Liberal Larry?

California Just Hates ‘Gougers’ – So Who’s Its Top Energy Adviser?

While no fan of Freeman, it will make for an interesting power authority. The guy has an ego that is bigger than Alaska. It should be only a matter of time, before he runs afowl of the Davis, ego.

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.