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To: Grampa Dave, snopercod
Hey, Grampa Dave and snopercod! A trip down memory lane for me from last year watching the Cali mess unfold. As long as this is a fundraising thread, you two guys are proof positive why FR is valuable.

Let me explain. I work as a wall street macroeconomist. Last year I was told by my company to figure out what was going on in California, and I did, with the help of you two guys and the crack reporting squad at FR. You guys are the best, and thanks for the help. By the way, everyone on Wall Street knows that it was the recession that solved the power crisis. I think the only reason that the White House doesn't get the message out is they want to reserve the right to say that it was the FERC power caps which did it.

518 posted on 06/13/2002 3:34:08 PM PDT by babble-on
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To: babble-on, ernest at the beach, elk grove dan, ron dog, dog gone, liz, d14truth, shermy, black ja
Thanks for the kind words.

Now I remember you.

You posted, By the way, everyone on Wall Street knows that it was the recession that solved the power crisis.!

If you ever have any hot links to any of this data, please let snoper, ernest, dog gone or me know about it.

I have heard that professors at the various Cali universities have been told if they leak this reality that the recession solved the power crisis, that their careers are over.

There is nothing going on out here re this data. There was some data that came out UC Berkley from a young woman professor early last year. Lately it is like a black hole swallowed this reality.

Great to hear from you. Ernest's little black out crew last year dug up a lot of data.

Hey Jim, just another example of how FR works to reduce the bad guys and what they do to us, this is from Babble-on: Let me explain. I work as a wall street macroeconomist. Last year I was told by my company to figure out what was going on in California, and I did, with the help of you two guys and the crack reporting squad at FR.

534 posted on 06/13/2002 4:00:31 PM PDT by Grampa Dave
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To: babble-on
Thanks [blush]. There are many, many people on FR who each add what they know or think.

Check back on some of the recent calpowercrisis threads. We have several people now who are bond experts and energy insiders who have a lot of interesting things to say.

The power crisis in California has (predictibly) morphed into a budget crisis. The fiscal year ends in California in two weeks, and the Davis should hit the fan big time.

Stay tuned to FR, and send in a donation to Jim_Rob if you are able.

649 posted on 06/13/2002 5:59:58 PM PDT by snopercod
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