Re Spall: Ca energy crisis.
I really would have to know just how heavily vested Enron, the outfit that supplies most of the natural gas to the power plants, is in those same utilities that are yelling bankruptcy. Also I'm curious as to when there will be a bond backed bailout proposal and if the bonds will we secured by a tax increase. Ten dollars against a bucket of bull dung says that if you follow the money trail, Enron made more profits selling natural gas to utility providers that they are heavily vested in than those same cos. lost and another 10 bucks says they will be a major investor in the new ones that are built in the next ten years. This has scam written all over it. What we have here is a classic example of how free enterprise evolves into an oligopoly.
As far as conceding a point goes, not a problem. I love picking peoples brains and then keeping the good stuff and discarding the garbage.
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