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----- Original Message -----
From: "Steve Karnish" <kernish@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, April 24, 2001 2:57 PM
Subject: [RT] Goose stepping instead of stock selecting?
> >
> "Deregulation wasn't originally the utilities' idea. In fact, it started
as
> a rebellion against high energy prices. Large industrial customers
> complained to then-governor Pete Wilson's Republican administration that
> they paid too much for electricity in California. To Wilson the answer was
> deregulation: allowing competition and the free market to set energy
prices.
>
> So Wilson's California Public Utilities Commission set out to deregulate
> electricity."
>
> Ex-Californicated,
>
> Steve Karnish, CTA
> Cedar Creek Trading
> http://www.cedarcreektrading.com
>
>
> Steve,
Deregulation in California was a myth. They only de-regulated the
wholesale market while still capping the retail end. This is not a free
market and is the formulae for the current disaster.
Cheers,
Norman
>
>
>
> ----- Original Message -----
> From: "Ira Tunik" <irat@xxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, April 24, 2001 10:57 AM
> Subject: Re: [RT] Another Panic Cut Sets Stage for Rate Hikes Next Year
>
>
> > One can thank Jerry Brown when he was the hip new governor and Willie
> Brown,
> > another champion of the great liberal movement. From welfare to food
> stamps,
> > it has been a give-away program for years. The influx of people to the
> state
> > has not been high tech workers, but those looking for bigger benefits
and
> > better health care. They started the big all the way to the left
> movements.
> > There is now bi-lingual education. You don't have to know English to
hold
> a
> > job. The state language will soon be Spanish and everything will
continue
> to
> > be printed in English, Vietnamese, Chinese, Korean and what ever other
> > language they can think of as required by a population that no longer
has
> to
> > be able to read or write the language of the country. Try that anywhere
> else
> > in the world. Warren, Regan, and Wilson were all conservatives and did
> what
> > the could to straighten things out. The liberals have had the bit in
> their
> > mouths for a while now. They were the ones that created this wonderful
> > energy problem with their very poorly thought out deregulation.
> >
> > Prosper wrote:
> >
> > > Commencing about 30 to 40 years ago there has been an exodus of the
> > > people that were sick of California's problems and taxes. A
> > > psychological profile of these people would indicate that they were
the
> > > sold conservative individuals that believe in working and supporting
> > > whatever community that they live in. In the late '80s California was
> > > beginning to look like a third world country. The boom that occurred
> > > afterwards put the situation on pause and in some places even reversed
> > > it for awhile, now the same old problems are resurfacing, the boom is
> > > drying up, and even more people are looking to get out. If a big crash
> > > is in the works, I'd say better sooner than later.
> > >
> > > California-ism, and the like have been tried over and over again and
> > > they've never worked and they never will.
> > >
> > > Prosper
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
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> >
> >
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> >
> >
> >
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> >
> >
>
>
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>
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>
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>
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