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kevin wrote on Oct 9, 2008 5:03 AM:
We do need some government insurance provisions in order to get more nuclear power plants built. "
vocal-de-local wrote on Oct 9, 2008 12:32 PM:
Ruff Limblog wrote on Oct 9, 2008 1:39 PM:
California State utility regulation was overridden by Bush/Cheney's FERC (Federal Energy Regulatory Commission) after Cheney had steered a law written for ENRON lobbyists through the Republican congress.
Wilson and California state regulators could do nothing but watch as the entire state of California was ripped off in the first domestic test of disaster capitalism.
The email traffic with attachments (160+ gigabytes of it) between the conspirators was made a part of the public record in a lawsuit by an electrical coop in Washington state.
The public may have heard the nugget about ENRON traders crowing about stealing Aunt Tillie's retirement but probably does not know the quote came from ENRON's own files.
I have downloaded those 160+ gigabytes of that ENRON email traffic and it's a gold-mine of Republican skullduggery.
Of course, California was just a tiny proving ground for disaster capitalism because the crooks only raked in some $9-10 billion.
Hank Paulsen ripped off $700 billion in the latest excercise of disaster capitalism, transferring private debt to the US treasury.
But Republican parrots still have slogans to chant. "Regulation BAD!"
~Ruff "
Ruff Limblog wrote on Oct 9, 2008 1:56 PM:
Right now, the only folks working harder to cover up their dirty tricks than the Bushite-Republicans are the petroleum and coal industries and the healthcare denial industry.
The media are their accomplices, and NOT our friends.
I visited a home in Sebastopol last weekend that has had a solar photovoltaic array on their roof for nearly three years. They have generated more power than they have consumed since the first day it was installed.
PG&E has the game rigged so that they do not get paid for the excess power but must instead give it to PG&E for free. Germany makes the power companies buy that excess power, and that helps finance the installation.
Scientific American magazine recently said that America could switch entirely to solar electric power and save trillions. But because of political bribes and a media blackout all we hear about is this phoney CNG scam.
Energy is not humanity's problem, unrestrained greed, ignorance and poverty are.
And educating women is the solution to poverty, along with the problem of the human birth rate.
Educated women teach their children to read, they also do birth control on their own. In the wealthy countries the birthrate has fallen to where immigration is what keeps the population from falling.
Most of humanity's wounds are self-inflicted.
~Ruff "
musikluvr wrote on Oct 9, 2008 4:18 PM:
kevin wrote on Oct 9, 2008 9:08 PM:
I remember thinking that the ONLY thing more stupid would be for banks to lend money to people who couldn't pay it back.... "
vocal-de-local wrote on Oct 10, 2008 12:39 AM: