On 10/7/2015 4:02 PM, Bruce wrote:
> On Wed, 7 Oct 2015 15:08:54 -0600, graham > wrote:
>
>> On 07/10/2015 1:25 PM, Bruce wrote:
>>> On Wed, 07 Oct 2015 15:05:57 -0300, wrote:
>>>
>>>> On Wed, 07 Oct 2015 08:43:13 -0400, Gary > wrote:
>>>>
>>>>> wrote:
>>>>>>
>>>>>> Jeßus wrote:
>>>>>>> Trust me, it would be the worst mistake
>>>>>>> America could make to elect him as president.
>>>>>>
>>>>>> Lol and yet he sets himself up as being so sensitive to what people in
>>>>>> general want that if he became President he would ship all refugees
>>>>>> back where they came from.
>>>>>
>>>>> Trust me. The US citizens aren't that stupid to elect Donald Trump.
>>>>> He won't win and even he knows it. He's just grabbing the limelight
>>>>> for now by being a candidate.
>>>>
>>>> Don't be too sure...
>>>
>>> Europeans thought the same way about George Bush. Even more so the
>>> second time. But guess what. "Oops, they did it again."
>>>
>> The rest of the world thought the same about Reagan.
>
> Not to mention Arnold Schwarzenegger.
Not eligible to run for the Presidency.
Did an adequate job repairing the damage done by former Governor
(recalled) Gray Davis and the state mandated sell-off of power
generating assets that led the energy trading crisis in California.
http://humanevents.com/2003/09/29/te...ll-gray-davis/
Bungled Energy Strategy
A combination of bad luck, incompetence, and greed doomed California’s
experiment with electricity deregulation, but it didn’t have much to do
with the universal media scapegoat, Enron.
....
But it was Gov. Gray Davis who signed off on $42 billion in vastly
overvalued energy contracts in 2001. And it was Davis’s state energy
traders who arranged for the state to pay prices for energy that were
well above market.
State Sen. Tom McClintock (R.)-then an unsuccessful candidate for state
controller and now a gubernatorial candidate-sued last May to invalidate
the contracts based on one negotiator’s blatant conflict of interest.
Vikram Budhraja, a former senior vice president with Southern California
Edison, was retained as a consultant to Edison International even as his
firm was contracted by the state to negotiate California’s power deals
with Edison’s subsidiaries.
After the sweetheart deals were made, Edison’s stock surged. Among the
beneficiaries was Budhraja, who bought Edison stock days after his
consulting company received its contract to negotiate the state rates.
He sold the stock eleven days later at a 40% profit, according to the
Los Angeles Times. Budhraja’s financial disclosure forms indicate that
he received more than $100,000 from EI while his state agency negotiated
with them.
State Attorney General Bill Lockyer (D.) refused to join the lawsuit,
citing the fact that Budhraja had recused himself from some of the
energy deals.
Davis and some of his California apologists-including the members of the
California Public Utilities Commission-are still blaming power suppliers
and traders for “manipulating” the market and withholding power
capacity. But the California Independent System Operator challenged this
theory in a credible rebuttal last October. Moreover, even if the Davis
defenders are right, it does not change the fact that Davis’s
administration approved contracts for ridiculous prices.
The state’s negotiators shocked one energy trading manager at the
Bonneville Power Administration in Oregon, who was quoted in the Wall
Street Journal in March 2001. “They agree to prices that make you
wonder,” he said. “You’d at least think they’d check to see what the
prevailing price is before throwing out their offer.”
It also does not change the fact that Davis had the power to remove caps
on residential energy prices, but failed to do so for purely political
reasons. He thus removed economic incentives for both conservation and
increased energy production. The San Francisco Chronicle recently
defended Davis’s handling of the crisis by arguing “there was no public
will to raise rates for consumers.” But this misses the point entirely.
Instead of making residential consumers pay market prices for their own
electricity-a move that could have cost him politically-Davis instituted
random, rolling blackouts that created chaos and severe economic damage
in many parts of the state. His failure to remove the residential energy
price caps also meant that electricity rates had to be raised on
businesses, further harming the state’s tax and employment base.
> I can't wait until Mickey Mouse
> runs for something. Talk about a political powerhouse.
I can't wait until Australia does something meaningful in the
geopolitical world.
I mean really, I don't have enough decades here left to ever hope to
wait and see that happen.