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To: *calpowercrisis; Ernest_at_the_Beach
Even with an "A" rating and interest rates between 5 percent and 6 percent, over the next two decades utility ratepayers will pay nearly as much in interest on the bonds as the $11.1 billion the state borrowed.

Is there anyone home at the Simon election headquarters? If you can't make hay out of this one, you darn well don't deserve to win. Davis and his Democrat cronies, through, stupidity and incompetence have cost the taxpayers of CA $22 BILLION on this alone--not to mention the amount you're on the hook for in the $43 BILLION in overpriced energy contracts.

And the Democrats in the Legislature are hung up on budget savings which would accrue if, for example, they required Medi-Cal recipients to file eligibility forms 4 times a year instead of 1.

When does Davis hit the state employees pension fund, I wonder.

10 posted on 07/21/2002 6:20:10 AM PDT by randita
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To: randita; *calgov2002; Carry_Okie; SierraWasp; Gophack; eureka!; ElkGroveDan; ...
Thanks for the ping!

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14 posted on 07/21/2002 12:46:02 PM PDT by Ernest_at_the_Beach
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