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Blog Post
5/30/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #48 - May 30, 2001 Q. What's unaffordable, unfair, unnecessary and probably unlawful? A. The utility bailout and "bailout lite" proposals that continue to float around the State Capitol. But Edison is lobbying fiercely for a rescue, and hoping that the...
Blog Post
5/29/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #47 - May 29, 2001 THEM. "They..." Cheney keeps saying. "They had a problem... They've bankrupted the biggest utility." President GWB, Jr., and Associate Pres. Cheney have been wagging their fingers at California for the last couple of weeks...
Blog Post
5/24/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #46 - May 24, 2001 Calling Jerry Maguire. Yesterday evening State Controller Kathleen Connell announced that Governor Davis's long term power contracts contain a clause requiring that the state pay energy companies before repaying the General Fund (why should...
Blog Post
5/23/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #45 - May 23, 2001 Click here to read the Los Angeles Business Advisors letter Click here to see the List of Los Angeles Business Advisors signatories The Bailout Is Coming Citizens, it's time to contact your elected reps again OR FACE ANOTHER 40% RATE INCREASE...
Blog Post
5/22/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #44 - May 22, 2001 Hey, Gray, Don't Give the Grid Away. While the Gov. rails against the Bush-Cheney administration, it is rumored that he may give in to the Feds and hand over California's treasured transmission system. The FERC demanded such a handoff as the...
Blog Post
5/18/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #43 - May 18, 2001 Bush will blink: The Bush-Cheney plan means higher taxes, higher energy prices, more boondoggles for us to pay off, and no help for California. (Read our comments on the plan at www.ratepayerrevolt.org). But White House inaction pushes...
Blog Post
5/15/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #42 - May 15, 2001 Bankrupt Leadership Edition While the energy cartel threatens the state with financial ruin, the Gov. and some Democratic lawmakers are wasting precious time trying to figure out how to rescue Edison from the folly of its deregulation law. The...
Blog Post
5/10/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #41 - May 10, 2001 Look Ma, no blackouts. It's uncanny! Every time the wholesale energy gougers are looking for money, the lights flicker. (See our chart in BW#23). And then they're back on again, as soon as the spigot is opened. Yesterday, the state Senate...
Blog Post
5/9/2001
Ratepayer Revolt
Bailout Watch #40 -- Cartoon Special - May 9, 2001
Blog Post
5/8/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #39 - May 08, 2001 Oink. Governor Davis will meet this Wednesday with representatives of some of the most gluttonous corporations in America. (The Gov. had invited execs of the energy companies that have been gouging California, but it seems that many of the...