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To: Carry_Okie
You know the funny thing is, in the summer of 1996, the PUC sent a letter to the legislature that warned that power shortages could result in problems under such a plan, but they closed the letter by essentially predicting that there was no way such a thing could ever happen - there would always be excess capacity to hold down the spot price of electricity. And then Mother Nature conspired to make sure that the thing the PUC said would never happen, happened ;)
86 posted on 11/04/2003 7:00:04 AM PST by general_re ("I am Torgo. I take care of the place while the Master is away.")
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To: general_re
My dad was once a muncipal financing consultant. He was telling me about coming shortages in electrical generating capacity in 1983. If he knew about it, so did everybody else who needed to know.

It took twenty five years for the eco-thugs to make this mess. It's going to take a while to get out, even if we wake up. Given that we elected Arnold with his claque of friends that include the same people as foisted the crisis over that twenty five years, I have my doubts.
87 posted on 11/04/2003 7:13:48 AM PST by Carry_Okie (There are people in power who are truly stupid.)
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