Liar liar pants on fire.
Testimony of California Public Utilities Commission President Loretta Lynch Before the U.S. Senate Commerce, Science & Transportation Committee March 15, 2002
Mr. Chairman, Senators, thank you for the opportunity to discuss the Enron memos and what must be done to stop the further plundering of the California economy...
With the publication of the Enron memos, none of us can hide from a basic truth: the California energy crisis has never been about supply demand or any other set of economic fundamentals. It has been about a complete lack of appropriate enforcement, and lax or nonexistent federal regulation. The Enron memos describe some of the means by which California was plundered.
The companies which may have reaped the most benefit from such a strategy were Royal Dutch/Shell (RD) unit Coral Power at $3.9 million; Sempra (SRE) at $1.6 million; British Columbia Power Exchange at $1.08 million; and Williams Companies (WMB) at $966,283, the report said.
Didn't Davis and most the the national Democratic Party leaders complain about the BILLIONS that were stolen from the people of California by the evil Texas power energy companies!
Do you suppose that was just politics? (/sarcasm)
Even with his California Budgets, it is becoming very clear that Davis and most democrats can't do math! No wonder they so believe in tax & spend, they don't comprehend what they are doing.