Replies

calgov2002:

calgov2002: for old calgov2002 articles.

calgov2002: for new calgov2002 articles.

Other Bump Lists at: Free Republic Bump List Register

Calpowercrisis:

To find all articles tagged or indexed using Calpowercrisis, click below:
	click here >>>	Calpowercrisis	<<< click here
(To view all FR Bump Lists, click here)

It's hard to imagine that a dispute over $80 million is that big of a deal. I don't know how many customers PG&E has, but that can't be more than a few bucks per customer. My monthly bill varies by more than a few bucks.

It is interesting to see this utility going to bat for the consumer, especially since it was PG&E's prohibition against charging the consumer the real price of power that caused the bankruptcy.

I'm glad to see things are kooky as usual in California. It lets me know that the world is still normal.

This bond issue has to be the Socialist/commie dream come true. Last year, we Kalis used that electricity to stay warm, have lighted homes, to work and other actions of life. It is gone and never will appear again. This Krazy Kali bond scheme is not funding new schools, roads, bridges, parks. It is a communist scheme to provide a semi free electrical lunch for the electricity that we used last year.

Davis and his socialist/commies in the legislature want to use bonds to pay for a partially free lunch with the electricity that we used. This is total left wing insanity!

Why not just charge us over a year or two years, the full price of the electricity we used and didn't pay for. PG&E knows how much I was not charged. Just take the amount and divide it by 12 or 24 and charge us that amount each month until PG&E has been paid for actual electricity costs. Charge us interest if necessary. We could opt to pay it off in 90 days with no interest charges.

Then, there would be no stupid wasteful bonds with our children and grandchildren paying for the electricity that we used last year. This whole thing is a sick demented socialist/communist joke that could only happen in Kali where so many people want a free or partially free electrical lunch.

Who would want to buy these junk bonds from the third world Banana Republic of Kali. By the time these bonds even get touted, Kali under the direction of Fasci$t Davis will be over 30 billion in debt. Wall Street will not buy all of these bonds. We will see Cal Pers pick up a lot of these third world junk bonds to go with the other junk Cal Pers has bought from buddies of Davis the past two years.

Stop the insanity DUMP THE INSANE ONE, DAVIS!

What the heck???

From March 29th: Pacific Gas & Electric Clears Way For California's Plan to Sell Bonds

SACRAMENTO, Calif. -- Pacific Gas & Electric Co. has removed a major obstacle from California's plan to sell up to $11.1 billion in electric-revenue bonds, saying it does not intend to challenge key elements of the sale in the state Supreme Court.
"Our company has no plans to challenge or impede the recent" decisions by the California Public Utilities Commission that are necessary building blocks to the bond sale, Gordon Smith, the utility's president and chief executive, wrote to Treasurer Phil Angelides in a March 26 letter.

Gordon Smith, A.K.A. Lucy van Pelt...