Re: What the H___ is wrong with this State????????

From: Cal Hyer (clhyer@hom.net)
Date: Wed Jan 17 2001 - 23:57:36 EST


Ron, besides the Governor being an idiot, for what reason are you being
given in CA for this happening? The take we hear around here (S.E.) is
deregulation.

While the utilities were regulated by the government and granted monopolies
for service areas, said utilities had to maintain certain levels of
performance. I would guess those performance factors would have included
reserves, maintenance, expansion plans, etc. As we moved into the era of
deregulation, utility companies had to compete for investors with the dot
coms and every one else. Where did you invest your money? Most folks went
for the quick buck. To compete, utilities had to show profits, quick
profits. The quick & easiest way to turn a quick profit is to delay
maintenance, shelve expansion, layoffs - in short, bleed the system dry
(sort of like DC...). It makes the P&L statement look good for the short
term but always backfires in the long run.

You can say that it was caused by the harsh winter, however, that was just
the catalyst that brought it into the open today, rather than next summer
when the temperature hits 100. What do you all hear in California, or are
you now "incommunicado"?
Cal

----- Original Message -----
From: Ronald Wong <ron-wong@home.com>
To: DML <dakota-truck@buffnet.net>
Sent: Wednesday, January 17, 2001 4:38 PM
Subject: DML: What the H___ is wrong with this State????????

> Southern Calif is going offline a little at a time beginning 5PM
> PST....because our governor is an idiot. Our education is going to hell
in
> a hand basket. Whatever happened to one of the richest states in the
> nation? This is a BUNCH of CRAP!!!!!!!!!!!!!
>
> Ron
> 00 PB SLT QC 4X2 5.9 46RE 3.92 LSD
> For modifications see my DML Profile (URL follows)
> http://www.twistedbits.net/WWWProfile/dakota/Kw9pV1EkFeOYY
>
>



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