major marco
Res Firma Mitescere Nescit
Premium
join:2003-02-13
Stepford, CA
clubs:
| Another Day Another Ruse to RipOff Consumers
Sure deregulation works wonders. Just ask the state of California how well deregulation worked in the electricity industry. It worked so well that the power pirates were able to extort $10bn dollars from the state where there had previously been a surplus in the treasury. They raped & gouged the ratepayers all the while plunging the entire state into darkness with rolling blackouts for a yr and half until they squeezed every last ounce of the surplus into their wallets.
The moral of the story kiddies is that anytime industry cries for deregulation of something, grab your wallet because a theft is about to occur.
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Combat Chuck
Too Many Cannibals
Premium
join:2001-11-29
Erie, PA
| Don't confuse California electric deregulation with actual deregulation, it wasn't. Deregulation; done properly, and under the right circumstances; will always result in lower prices for the consumer. Freezing the price on the consumer side (which essentially is all that California "deregulation" consisted of) is not the right way to do it; because when the price of fuel goes up on the supply side the supplier will just shut down rather than run at a loss.
You paid out the nose for electricity because in order to meet the demand many out of state power plants had to be quickly turned on that had already used up their quota of emissions for the year, which meant they would pay fines to the EPA for these excess emissions (reliant energy was one of these companies).
There are other examples of deregulation gone bad, however California "Deregulation" only shows what happens when someone in a powerful position has a lack of an understanding of basic economics and refuses to listen to his advisor's.
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Infogrames != Atari |
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major marco
Res Firma Mitescere Nescit
Premium
join:2003-02-13
Stepford, CA
clubs:
| said by Combat Chuck  :
Don't confuse California electric deregulation with actual deregulation, it wasn't. Deregulation; done properly, and under the right circumstances; will always result in lower prices for the consumer. Freezing the price on the consumer side (which essentially is all that California "deregulation" consisted of) is not the right way to do it; because when the price of fuel goes up on the supply side the supplier will just shut down rather than run at a loss.
You paid out the nose for electricity because in order to meet the demand many out of state power plants had to be quickly turned on that had already used up their quota of emissions for the year, which meant they would pay fines to the EPA for these excess emissions (reliant energy was one of these companies).
There are other examples of deregulation gone bad, however California "Deregulation" only shows what happens when someone in a powerful position has a lack of an understanding of basic economics and refuses to listen to his advisor's.
Obviously you don't know what you're talking about. But then being in PA it's not a big wonder. We have lots of out of state self-proclaimed experts on the subject of electricity deregulation and surprisingly, every single one of them tow the electricity company line of not enough plants, blah blah blah. The simple fact is that you weren't here and you don't know. All you can do is spout what the corporate media tells you to because that is all you know.
If you want an accurate picture of what happened with the electricity debacle, then hit FTCR.org and get the facts as they really occured, not what your television set tells you.
As for deregulation being good, the only entitities it benefits is the industry crying for it specifically because it removes all governmental oversights, checks and balances. In short, deregulation simply leaves industry to regulate itself. And we all know how well they do that, don't we.
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Combat Chuck
Too Many Cannibals
Premium
join:2001-11-29
Erie, PA
1 edit | said by major marco :
Obviously you don't know what you're talking about. But then being in PA it's not a big wonder. We have lots of out of state self-proclaimed experts on the subject of electricity deregulation and surprisingly....
Oh I'm sorry I did forget about that magical force field that surrounds California that prevents any information from leaving (or entering) the state. Obviously because you live there you are an expert in all things Californian. I bow to your 1337 C41i|=0rni4 5ki11z.
said by major marco :
The simple fact is that you weren't here and you don't know. All you can do is spout what the corporate media tells you to because that is all you know.
Actually at the time I was working for a company that performs maintenance on a particular piece of power plant equipment. I know what happened because I had to bust my arse for several months to get a whole lot of plants online, that were scheduled to be down due to EPA regs. for; in some cases; 9 months in the future.
said by major marco :
As for deregulation being good, the only entitities it benefits is the industry crying for it specifically because it removes all governmental oversights, checks and balances. In short, deregulation simply leaves industry to regulate itself. And we all know how well they do that, don't we.
This is just straight misinformation.
said by major marco :
If you want an accurate picture of what happened with the electricity debacle, then hit FTCR.org and get the facts as they really occured, not what your television set tells you.
For an accurate picture go take an Econ class at your local college (oops, you should probably go out of state, you know, with that barrier and all). Although me telling you this is probably for naught because it's fairly clear what you are and where you get your "edumification" based on the links in your sig.
PS. feel free to slander me all you want in your next post; I won't reply as it is a waste of time.
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Infogrames != Atari |
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major marco
Res Firma Mitescere Nescit
Premium
join:2003-02-13
Stepford, CA
clubs:
| said by Combat Chuck :
PS. feel free to slander me all you want in your next post; I won't reply as it is a waste of time.
Welp Chuck. I wouldn't give you the satisfaction if you got down on your hands & knees and begged me to. Why don't you go back to spouting corporate media popular groupthink. It' what you do best, after all.
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Transmaster
Don't Blame Me I Voted For Bill and Opus
join:2001-06-20
Cheyenne, WY
 ·Qwest.net
| reply to Combat Chuck
I remember reading at the time. When Investors looked at
what California had done they predicted the State would be skinned alive. Instead of working out a 10 or 20 year contract they foolishly signed short term contracts. It was a real lesson on how not the deregulate.
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I love Irish Terriers, Low Brass, and the sound of a 1950 Johnson Viking 1 tranmitter on the air for the first time in 30 years. |
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Beeper
Part Of The Problem
join:2001-09-27
Dayton, OH
clubs:
| reply to major marco
said by major marco :
Why don't you go back to spouting corporate media popular groupthink. It' what you do best, after all.
As opposed to your corporate media groupthink?
I'll take the TV networks over your red-greens terrorist empathizers anyday.
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Guaranteed Fear and Loathing. Abandon all hope. Prepare for the Weirdness. Get familiar with Cannibalism. |
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LegoPower77
Abecedarian
Premium
join:2002-08-03
Arlington, VA
| Yeah, I wouldn't bother with that guy, as most of the posters in here seem to be, he is obviously a partisan with a left-wing agenda. To get a measure on his ignorance, just look at his posting tag. Never mind Cheney sold all his stake in Halliburton at the democrats insistence (then he got pummeled later on for having insider knowledge and getting out before the stock went down). Never mind that the military contracting process goes in cycles and there was open bidding in 2001, never mind that Halliburton has provided logistical and personnel assistance in every major conflict going back to Vietnam, never mind that beloved Clinton contracted them to do work in Bosnia, never mind that the "price gouging" was to deliver fuel in a combat zone and that the "kick backs" were to pay back the Kuwaitis for giving us at cost fuel previously. Never mind all that: there must be some deep, dark conspiracy. And when the facts show otherwise, like the California "deregulation" debacle, he will just attack you as a corporate shill and suggest that your news source is suspect.
Q.E.D.
For further reading on Cheney and Halliburton
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"You cannot separate fools from their foolishness, even though you grind them like grain with mortar and pestle" (Proverbs 27:22). |
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major marco
Res Firma Mitescere Nescit
Premium
join:2003-02-13
Stepford, CA
clubs:
| reply to Beeper
said by Beeper :
As opposed to your corporate media groupthink?
I'll take the TV networks over your red-greens terrorist empathizers anyday.
I don't think I've ever read anything quite as ignorant as that statement. Expressing an opinion against the corporateering that goes on in this country is the equivalent to being a terrorist empathizer. Right. Tell me something, did you come with that one all on your own or did you have to tune into your favorite oxycontin drug abuser for ideas.
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Beeper
Part Of The Problem
join:2001-09-27
Dayton, OH
clubs:
| said by major marco :
Tell me something, did you come with that one all on your own or did you have to tune into your favorite oxycontin drug abuser for ideas.
Rush Limbaugh is an idiot, in my opinion. I find test patterns and beer commercials more informational and entertaining.
Your insult towards Limbaugh shows your lack of commitment to a diverse variety of thought, and a distinct lack of compassion towards another human being and their weaknesses.
Terrorist empathizer has a nice ring to it doesn't it? It a nice return salvo for the usage of "corporateering" as a slander of the character of people and companies that express an opinion that you don't care for.
It stings because of the element of truth in it.
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Guaranteed Fear and Loathing. Abandon all hope. Prepare for the Weirdness. Get familiar with Cannibalism. |
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LegoPower77
Abecedarian
Premium
join:2002-08-03
Arlington, VA
| reply to major marco
Here's one Rush would use to describe you: glittering jewel of colossal ignorance. I think you've demonstrated that to a tee. BTW, did you read my post as to why: »Deregulation... ?
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"You cannot separate fools from their foolishness, even though you grind them like grain with mortar and pestle" (Proverbs 27:22). |
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calvoiper
join:2003-03-31
Belvedere Tiburon, CA
| reply to LegoPower77
Well, ftcr.org has some interesting facts, but it leaves out a key point: PG&E and SCE, as part of the dereg, had promised to cover the risk of unanticipated price spikes in the transitional market--then they totally failed to do so. Rather than enforce that promise (and probably toss them into a real bankruptcy, where they belonged, rather than the sham bankruptcy PG&E ended up in) Governor Gray Davis put the state on the line for billions of dollars in power costs.
With the state picking up the tab, PG&E and SCE avoided their contractual obligations and survived, still owned by the same holding companies.
Yes, the dereg plan had problems, but the real problem was the State of California government's failure to enforce the "worst case" provisions when the "worst case" arrived--instead deciding to bail out the state's electric utilities from their own mess.
(And yes, Gray Davis did name the father of California's electric deregulation, former state Senator Steve Peace, as his budget director. Gov. Davis was then surprised when his budget fell apart, too.)
Calvoiper
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VoIP--the death knell of remaining voice monopolies! |
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