Artifice
1st String
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RE: Obama has new economic ROLE model for US
(07-06-2009 02:00 PM)GGniner Wrote: (07-06-2009 01:26 PM)RobertN Wrote: (07-06-2009 12:43 PM)I45owl Wrote: *cough* rolling blackouts *cough*
*cough* Enron *cough* lack of regulations *cough* a republican plan *cough*
it wasn't de-regulated moron, it was RE-regulated, crony style.
This is a steaming pile of fecal matter. Youve gone from spinning to outright lying. Gramm-Leach-Bliley and the Commodities Futures Modernization Act introduced by Phil Gramm deregulated the industry, allowing for Enron to hide the losses/cook the books. It was the purest form of an unregulated/undocumented market. Too many people lost their financial lives to it for you to just spin/dismiss it. Says a lot about your character that you would say otherwise.
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07-06-2009 03:22 PM |
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GGniner
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RE: Obama has new economic ROLE model for US
yet more, http://www.cato.org/pub_display.php?pub_id=4398
This essay appeared in the Houston Chronicle on Jan. 15, 2001.
Quote:If "deregulation" means less - not more - political control over an industry, then the California electricity industry has not been "deregulated."
First, the state forced the electricity companies to sell their power plants to independent investors and become power distributors.
Second, the state assumed total day-to-day control of the utilities' power grid to make sure they couldn't abuse their market power.
Third, the state required new owners of the divested power plants to sell their juice to a state-managed "power pool." The price of that power is set by a daily spot market run by - you guessed it - the state. Electricity companies that wanted to compete for your business had to buy their electricity from this pool, and the price charged them was equal to the highest price received by any electricity generator in the daily state-managed spot market.
Fourth, regardless of what they pay for power in the wholesale market, no company can charge a consumer more than 6.5 cents per kilowatt hour. That price can't change until the company has paid off its share of the bailout the state gave the electricity companies in order to accept this new regulatory scheme.
Now, what kind of "deregulation" imposes rigid government dictates on how industries should organize themselves? What sort of deregulation keeps fixed prices on retail providers? What kind of "deregulation" requires retailers to buy power through a state-run central exchange? And what brand of "deregulation" forbids retailers from buying electricity more than one day ahead?
Real deregulation would have meant turning the old power companies loose to build what they want, charge what they want, and run the grid as they wished while simultaneously decriminalizing competition and removing barriers to market entry. State regulators, however, went in the opposite direction.
If this is the portrait of a free market, then it's a portrait painted by Salvador Dali, not Adam Smith.
this is far and away from de-regulation, its in reality highly Regulated Energy Market. Fitting for the land of fruitcakes that is California
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07-06-2009 03:46 PM |
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smn1256
I miss Tripster
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RE: Obama has new economic ROLE model for US
(07-06-2009 03:46 PM)GGniner Wrote: this is far and away from de-regulation, its in reality highly Regulated Energy Market. Fitting for the land of fruitcakes that is California
De-regulation and citizenship are two words not understood by liberal California loons.
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07-06-2009 04:40 PM |
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Paul M
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RE: Obama has new economic ROLE model for US
(07-06-2009 03:22 PM)Artifice Wrote: (07-06-2009 02:00 PM)GGniner Wrote: (07-06-2009 01:26 PM)RobertN Wrote: (07-06-2009 12:43 PM)I45owl Wrote: *cough* rolling blackouts *cough*
*cough* Enron *cough* lack of regulations *cough* a republican plan *cough*
it wasn't de-regulated moron, it was RE-regulated, crony style.
This is a steaming pile of fecal matter. Youve gone from spinning to outright lying. Gramm-Leach-Bliley and the Commodities Futures Modernization Act introduced by Phil Gramm deregulated the industry, allowing for Enron to hide the losses/cook the books. It was the purest form of an unregulated/undocumented market. Too many people lost their financial lives to it for you to just spin/dismiss it. Says a lot about your character that you would say otherwise.
You could have saved yourself some typing and just said you don't know what deregulation/regulation is.
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07-06-2009 05:49 PM |
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RobertN
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RE: Obama has new economic ROLE model for US
(07-02-2009 08:30 AM)Fo Shizzle Wrote: (07-02-2009 01:27 AM)RobertN Wrote: (07-01-2009 09:42 PM)smn1256 Wrote: California is a friggin nightmare. If you guys came here and had to put up with what I did you'd surely think you were in a different country. I envy you guys who live in the Bible Belt and other conservative state.
Good lord. If I lived in the south I would think I was still living in the 1800's. I guess it is great if you like that kind of thing.
Robert...Are you having fun trolling this?.
Absolutely. :) I enjoy pissing our "Bible Club" members off. Especially Trippy(on many threads) and "Lite-Brite".
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07-07-2009 02:45 AM |
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Paul M
American-American
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RE: Obama has new economic ROLE model for US
You don't piss anybody off. Like always, you just have everyone questioning your intelligence and sanity.
(This post was last modified: 07-07-2009 06:31 AM by Paul M.)
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07-07-2009 06:29 AM |
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Owl 69/70/75
Just an old rugby coach
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RE: Obama has new economic ROLE model for US
(07-06-2009 03:22 PM)Artifice Wrote: This is a steaming pile of fecal matter. Youve gone from spinning to outright lying. Gramm-Leach-Bliley and the Commodities Futures Modernization Act introduced by Phil Gramm deregulated the industry, allowing for Enron to hide the losses/cook the books. It was the purest form of an unregulated/undocumented market. Too many people lost their financial lives to it for you to just spin/dismiss it. Says a lot about your character that you would say otherwise.
One thing for sure, your typing those words doesn't make them true.
I'm an attorney who has represented clients before various regulatory commissions for 25+ years. Based upon that experience, I can assure you that regulation doesn't make it harder to cheat the system (and the public) and deregulation doesn't make it easier. Quite the opposite.
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07-07-2009 08:45 AM |
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Tripster
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RE: Obama has new economic ROLE model for US
(07-07-2009 02:45 AM)RobertN Wrote: Absolutely. :) I enjoy pissing our "Bible Club" members off. Especially Trippy(on many threads) and "Lite-Brite".
Go ahead and piss us Bible Guys off all you want.
As for me, I forgive you, as for God, that will be between You and Him homez.
And I know you don't believe what I believe, but "it all comes out in the wash at the end".
Toot Toot Robs ....
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07-07-2009 09:21 AM |
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flyingswoosh
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RE: Obama has new economic ROLE model for US
(07-02-2009 01:27 AM)RobertN Wrote: (07-01-2009 09:42 PM)smn1256 Wrote: California is a friggin nightmare. If you guys came here and had to put up with what I did you'd surely think you were in a different country. I envy you guys who live in the Bible Belt and other conservative state.
Good lord. If I lived in the south I would think I was still living in the 1800's. I guess it is great if you like that kind of thing.
yeah, i'm not really sure where you get that from. I've lived in NC for 12 years and i don't get that feeling at all
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07-07-2009 09:31 AM |
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Tripster
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RE: Obama has new economic ROLE model for US
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AHHH ...
Robs just wants to be back in the Late 1930's and 40's so he can Cook a few Jews in some big ass ovens.
Now why would such a Gnarly and Ultra Modern Guy as Robs is, want to drop back into the "1800's".
Maybe "Burn a Few Infidels at the Stake" too there Robs ????
You don't even much have a clue dude.
I have been all over the place Robs and if I have learned one thing from it, it is this, it is "SOS-DD EVERYWHERE" in the World, ALL DAY LONG.
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07-07-2009 10:48 AM |
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