Garbage in Garbage out; California Blackouts

Why did the California energy crisis happen? Who is to blame? How come deregulation was a financial disaster? Some of the data in the research did not predict what would happen, probably because research people are not; go for it, make it happen entrepreneurs. So their report was just 1000s of pages of incessant data about nothing and basically BS. It was much like a master thesis of a psychology, philosophy or work of a business student at any university. Written by guess whom and not understood by guess whom else.

So the data was wrong and the politicians could not know the difference, due to ignorance, importance of political self-preservation, and therefore accepted the data at face value. As the fiasco unfolded the politicians decided they did not want it. Thus they went and made more laws after the fact and still to this day want to make even more laws, which is why deregulation of the utility industry is a great idea in the first place, because minus all the over regulation it can better perform.

The only problem is that there was so much waste, that the utility companies did not know how to operate efficiently in the first place. Instead, when it sold its excess capacity to the commodity type trader, it did not know what to do when it went over its capacity. It then had to buy on the open market energy for a higher price. Of course the same commodity brokers, were there also and had also bought the other energy companies capacities on contracts. What did this whole thing cause? It nearly caused the collapse of California's government, a major utility company in California filed BK, and both of which refused to pay Enron the money they owed on the contracts that were sold. And the premature collapse of Enron.

It doesn't matter that Enron manipulated the market to get a financial gain. The fact is, that the State of California deregulated their energy caught off guard when someone took advantage of the rules they set out. Had the State of California not had a closed system for so long on energy generation, had better and less regulations there would be more plants. The energy could go less distance and it all would have worked and this would not have happened. But to wait until 2000 to straighten out CA energy system and go to a free market system, what did they expect?

The CA department of energy did not even realize that the transmission lines were not big enough to allow for the excess capacity to be distributed to all possible customers that the contracts might be sold to. Yet that should have been fairly obvious since the costs to create energy are so different using different methods and producing it in different regions, again this fact is due to the over regulation in the first place. If the transmission lines could not handle additional loads then the excess capacity did not exist to all markets, so then it cannot be traded. Yet the CA department of energy never had a clue to think on this when they opened up the trading and deregulation. Why? Linear thinking politicians did not understand free enterprise and efficiencies or the capabilities of their own infrastructures. Thus the California government was taken over by more savvy individuals. Think on it.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance;

In The News:


Thad Cochran's new marriage — and why our politics stink
Washington Post (blog)
To me, that Cochran's office felt the need to, at best, obfuscate on the true nature of his relationship with Webber speaks to what's wrong with our politics -- namely an inability (or unwillingness) to put ourselves in the shoes of the people we elect ...
Lawyer says Sen. Cochran's marriage helps blogger's defensePost-Bulletin (blog)

all 154 news articles »

New York Times

Pensions and Politics Fuel Crisis in Illinois
New York Times
That has left officials scrambling at a moment when the state has a divided government for the first time in a decade and the political differences between Mr. Rauner and the Democratic-controlled legislature make compromise difficult. A splintered set ...

and more »

Washington Times

CHARLES HURT: Military gratitude and the politics of war
Washington Times
Tonya Smith visits the grave of her grandfather, Air Force veteran Tom Logsdon, at the Sacramento Valley National Cemetery in Dixon, Calif., Monday May 25, 2015. Americans observe Memorial Day to remember the men and women who died while serving ...

Columbus Dispatch

Ohio lawyer has behind-the-scenes influence in conservative politics
Columbus Dispatch
“Langdon Law LLC Political, Election Nonprofit and Constitutional Law,” reads its small sign. On a Tuesday afternoon last month, no one answered the Langdon Law office door. Phone calls went unreturned. Unlike other heavy-hitting political lawyers ...

and more »

Foreign Policy (blog)

Benjamin Netanyahu's Grade A Pork-Barrel Politics
Foreign Policy (blog)
Indeed, both parliamentary procedure as well as politics should give pause to the thesis that Netanyahu's grip on power is beholden to the whims of one or two coalition backbenchers. Of course, survival is distinct from governing. But when it comes to ...
First Draft | Verbatim: Scott Walker Reflects on Israel TripNew York Times

all 469 news articles »

Money, politics, power struggles — Pakistan's media scandal has it all
LA Daily News
Money, politics, power struggles — Pakistan's media scandal has it all. Pakistan Federal Investigation Agency (FIA) deputy director Kamran Attaullah speaks to media after leaving the Axact in Karachi on May 20, 2015, after conducting an investigation.

and more »

Ottawa County: Deputy not fired over politics
According to the county's attorney, Grysen's firing had nothing to do with politics. In a response to the lawsuit, the county's attorney writes that in 2014 Grysen's personal life “spiraled out of control.” According to court documents, Grysen left his ...

Mother Jones

How Bernie Sanders Learned to Be a Real Politician
Mother Jones
Sanders, a restless political activist and armchair psychologist with a penchant for arguing his theories late into the night, found a sounding board in the young scholar, who taught philosophy at the nearby University of Vermont. At the time, Sanders ...
'Political Revolution': Bernie Sanders Officially Launches Democratic ...Bloomberg
Former 'Run Warren Run' director now heading Sanders' NH campaignWMUR Manchester
Bernie's brand of politics: Best for America?Rutland Herald
Washington Post (blog) -New York Times -Boston Globe (subscription)
all 530 news articles »

Former Staten Island Rep. Jack Murphy, once a lion of Democratic politics ...
STATEN ISLAND, N.Y. -- Family and friends recalled former Staten Island Congressman John M. (Jack) Murphy Tuesday as the epitome of public service, a rare politician who related to his constituents, a political mentor, and a proud father. Mr. Murphy, a ...

and more »

Albany Times Union

Restoring ethics to politics
Albany Times Union
Albany. State Attorney General Eric Schneiderman will introduce a bill containing his proposals to clean up Albany's endemic public corruption woes — including a ban on all outside income and a counterbalancing pay raise for what would become a full ...

and more »
Google News

A Look Ahead to 2008 (Part II)

Last week, I began my look ahead to the 2008... Read More

911 Conspiracy Theory Revealed During Coffee Shop Conversation

A coffee shop conversation about a Great Country in Historic... Read More

The Unborn and Cloning

The UnbornWith all this cloning in the news one can't... Read More

Suicide Prevention in Prisons

Prison guards and corrections professionals are hard at work insuring... Read More

Vision India - 2025 (Expectations of an Ordinary Person)

IntroductionThe way one lyrist has written, "Hum logo ko samajh... Read More

Should Judgeships Be a Political Event?

Thought of the day; Questions about the judicial system. If... Read More

Freedom on the Internet

Throughout all recorded history on our lovely little planet, Earth's... Read More

Profiling Eco-terrorists

The FBI recently before Congress stated that Eco-Terrorism was on... Read More

The Blessings of the Black Economy

Some call it the "unofficial" or "informal" economy, others call... Read More

Why One May Not be able to Locate Your Lost Money in the States Unclaimed Property Database

With respect to the States' databases, you may not locate... Read More

How to Deal with Poverty


The Economic Giant-- A Closer Look at China


Advances in Nuclear Energy; Safe, Clean and Reliable

The newest pebble reactors are easy to build and manage... Read More

Ronald Reagan is Right

Why is it that every single thing government does; it... Read More

Fury and Sound as GM Seeds Abound

We have all heard of the huge debates surrounding genetically... Read More

Federal Trade Commission Falsely Purports Franchise Disclosure is Cost Effective

In a recent report on the status of the Franchising... Read More

Market Impeders and Market Inefficiencies

Even the most devout proponents of free marketry and hidden... Read More

Media and the Iraq War, Some Random Thoughts Indeed 2001

Here are some miscellaneous thoughts on issues many of which... Read More

Protectionism in Russia

The new law "Special Protective, Antidumping and Import Compensatory Measures"... Read More

The Contemporary Global Marketplace - IT, Software, and Services

"Had there not been outsourcing and utilization of cheaper resources... Read More

Another Whistleblower -- is Anyone Listening?

The plight of whistleblowers ? those employees who sound the... Read More

Technology and International Terrorism

Airlines do not allow cell phones on board, but they... Read More

If the Water is Polluted, Ever Wonder What is in it?

I would like to discuss a few issues we have... Read More

A Need to Review Abortion Laws In Belgium

INTRODUCTIONThe aim of writing this article is to encourage the... Read More

Companies, Consumer and Cost of Fuel

Which companies are most affected by fuel? Who really bears... Read More