[Ernest_at_the_Beach]

Wonder why this came out at this time ?

Davis must be playing his political games !

[Ernest_at_the_Beach]

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[Grampa Dave]

When you see garbage like these words in an oped or an article, you know immediately that you are seeing the political garbage and lies of a left wing maggot posing as a reporter or oped writer:

key White House political operatives

This is like right wingers, conservative reactionaries and other labels. It is code for the left wingers who are able to read. Of course as less and less future left wingers are able to read or will be able to read. Garbage like this has less of an audience each day!

[randita]

However, Sen. Barbara Boxer, D-Calif., said she's "convinced that politics played an enormous role in this. "This was the period we were going through our worst troubles and FERC had already found that prices were unjust and unreasonable," said Boxer, who pushed for price caps and a federal investigation of electricity prices. "But the administration did not act."

LOL. Like Boxer and her ilk didn't play politics by demonizing the "evil, greedy Texas oil companies".

I say bravo. We finally have some Republicans in high places who are capable of playing politics. It's about time.

[Dog Gone]

Revisionist spin at its finest.

[thinktwice]

The masters in "playing politics" -- the Democratic party.

[Liz]

At the time, Davis was viewed as a potential rival to President Bush in the 2004 presidential election ....

That was a long, long time ago.

[Fish out of Water]

What is this a Davis campaign propaganda release? It sure has no resemblance to a news story.

[Amerigomag]

the new administration had already decided "they were going to hang California out there. It would be an example to the rest of the country what not to do

I'd say that needlessly bankrupting a state is a pretty good example of what not to do.

There is compelling evidence that several of California's "purchasers" had a vested, personal interest to continue to purchase peak power in December 2000 when common sense said 1) the plant maintenance excuse was a contrived circumstance and 2) the peak prices defied common sense by anyones' standards.

Couple this with Davis' mad yearing to be reelected (not alienate the voters by managing with ecomomical power; ie. not turn off 2% of the lights) and I'd say yes the feds were justified to pee pee on Davis' little deceptions.

[supercat]

"This was the period we were going through our worst troubles and FERC had already found that prices were unjust and unreasonable," said Boxer, who pushed for price caps and a federal investigation of electricity prices. "But the administration did not act."

IMHO, Bush should have asked Congress to pass legislation to make explicitly clear that California's government (legislature and governor) had the explicit authority to impose price caps.

Of course, if nobody wanted to sell California electricity at $50/MWH, that would be California's problem.