View Single Post
Old 01-22-2001, 10:20 AM  
Rip
Confirmed User
 
Join Date: Jan 2001
Location: somewheres wet
Posts: 1,456
Your power problem in california is the government of california's own fault

they do not allow power utilities to charge the free market rate for power, yet they must buy their power on the free market

so in simple terms if it costs them $450 a month to buy power and natural gas for your home, and the government says that they can only charge $300, then they lose $150 per month

if they run out of money, then they cannot buy power

that is what is happening now, and since they cannot pay, then there is no power anyone will sell them


it could be worse, in russia, for example, where the government controls the power, 14 people froze to death in moscow
Rip is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote