Subject:
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Re: Rolling Blackouts
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Wed, 9 May 2001 15:27:06 GMT
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Viewed:
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366 times
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In lugnet.off-topic.debate, Christopher L. Weeks writes:
> In lugnet.off-topic.debate, Scott P. Costello writes:
> > For the second time I have now been victim of California's rolling
> > blackouts. • ...
> > going to be like come July or August when power demand is really high due to
> > high temperatures? Our idiot govenor Gray Davis has done nothing but spend • ...
> > talk about is price caps. While I am sitting here in the dark, I would be
> > willing to pay a few bucks more to actually have consistant power. Here at
>
> So I've been wondering for a couple months why the state doesn't lift the dumb
> socialist power price caps and allow the market to do its thing. Why don't you
> folks just let the problem fix itself? And really, what do you expect Governor
> Davis to do when the legislature won't play ball. This seems clearly a case of
> being their fault, and not his.
>
> Chris
That's something of a simplistic statement. The problem lies in that
monopolistic businesses that control something that is in the vital interest
of everyone in the entire state showed an apalling lack of foresight, with
the bottom line of paying high dividends and not caring what kind of chaos
ensued. Removing the price caps will simply restore the paying of high
dividends. Rewards to the incompetent. Of course, the money to build new
power plants has to come from *somewhere*. Either it has to be a *true*
market situation (which it is most certainly not), or if not possible (given
the oil business, this may be the case), then it needs to go the true
socialistic route and the workers need to control the means of production
(i.e. California takes over the whole shmear).
Bruce
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Message is in Reply To:
 | | Re: Rolling Blackouts
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| (...) ... (...) ... (...) So I've been wondering for a couple months why the state doesn't lift the dumb socialist power price caps and allow the market to do its thing. Why don't you folks just let the problem fix itself? And really, what do you (...) (23 years ago, 9-May-01, to lugnet.off-topic.debate)
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