[Ernest_at_the_Beach]

Calpowercrisis:

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[Semper Paratus]

"Power to the People" my be revived.

[trebb]

Darn, if California was able to get out of or reduce the power debt, I was going to see if I could get my new (one year old) car price renegotiated and either stop payments or at least cut them in half. Looks like I'll have to pay what I agreed to...

[Tamar1973]

But in an order read by FERC Chairman Pat Wood, the commission cited a lack of credible evidence that the contracts "are placing the complainants in financial distress or that other customers will bear an excessive burden."

California has a $34 billion dollar deficit, over $12 billion of that is from these jackup rates that this dope says there's no evidence the contracts are placing financial distress on the state of California?! Is this guy on dope or is just one himself?

[heleny]

If Gray Davis and the democrats hadn't run the state economy into the ground, we might still have an energy shortage. Very few new electricity plants have begun operation, and very few new plants have been approved for construction.

Davis probably projected that the economy would be forever strong, so the electricity contracts would have helped, and he expected the tax revenues to continue to skyrocket and fund the runaway spending.