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; www.WorldThinkTank.net/wttbbs

In The News:


New York Times

'Hamilton' Puts Politics Onstage and Politicians in Attendance
New York Times
The show has also attracted some more rarefied V.I.P.s: political figures with firsthand knowledge of the pressures — and scandals — that come with running the country. Bill, Hillary and Chelsea Clinton attended earlier this month, arriving just ...


The Economist

The devil, or Mr Wang
The Economist
It also relates to a broader political concern, that corrupt networks have become an obstacle to the economic reforms needed to sustain growth in the years ahead. The party describes anti-graft investigators as breaking “factions” that have subverted ...

and more »

New York Times

No. 2 Negotiators in Iran Talks Argue Physics Behind Politics
New York Times
2 negotiators, a pair of atomic diplomats taking on the vast technical issues that lie beneath the political disagreements. Their roles as deputies to the chief negotiators — Secretary of State John Kerry and Mohammad Javad Zarif, the Iranian foreign ...

and more »

MyNews3 Las Vegas KSNV

2016 politics, tragedy abroad dominate Sunday shows
USA TODAY
Presidential politics, crises abroad and the crash of the Germanwings airliner into the French Alps will dominate Sunday's television shows. Guests also will discuss the future of the Senate's leadership following Senate Minority Leader Harry Reid's ...
Harry Reid to Retire From Senate in 2016New York Times
Reid involved in politics most of his adult lifeMyNews3 Las Vegas KSNV
Harry Reid's Best DissesBloomberg
NPR (blog) -Los Angeles Times -Post-Bulletin
all 1,625 news articles »

The Economist

Nigeria's oil
The Economist
The cash it provides has greased Nigerian politics for decades. Gross mismanagement and corruption in the industry are the causes of much of the inequality and discontent with the ruling party in an economy that is not just Africa's largest but that ...

and more »

Beyond Ai Weiwei: How China's Artists Handle Politics (or Avoid Them)
The New Yorker
Huang's performance stood out in the week of nonstop art, if not for its subtlety then certainly for its political intent. I'd come to Art Basel expecting to see political messages, especially given that it had been only a couple of months since the ...

and more »

Fox News Latino

Immigration turning into the banana peel of 2016 Republican presidential politics
Fox News Latino
DENVER (AP) – Thanks to Wisconsin Gov. Scott Walker, it's becoming even clearer that immigration is the banana peel of 2016 Republican presidential politics. Just ask Florida Sen. Marco Rubio. He stepped up as a Senate leader on immigration only to ...
Jason Horowitz and Patrick HealyNew York Times (blog)
Behind Scott Walker's Border Visit Is His Immigration MuddleBloomberg
Wiggly words on immigration policy from 2016 GOP contendersSunHerald.com
Bryan-College Station Eagle
all 351 news articles »

Fox News

Politics this week
The Economist
In Yemen President Abd Rabbo Mansour Hadi was rumoured to have fled from the port of Aden to escape Houthi rebels. He had previously been held by the rebels under house arrest in the capital, Sana'a. Saudi Arabia launched military operations in Yemen ...
When Politics Mean More Than Human Lives: Saudi Arabia Bombs YemenAntiwar.com
Saudi-led forces strike rebel bases in Yemen as Iran warns of 'dangerous step'Fox News
US rescues Saudi airmen from water south of YemenPost-Bulletin

all 10,216 news articles »

New York Times

First Draft | Today in Politics: Health Fix Heralds Rare Moment of ...
New York Times
Speaker John A. Boehner is being praised by members of both parties for a willingness to step up and strike a bargain with Democrats.Credit Doug Mills/The New York Times. Good Thursday morning from Washington, where Senator Rand Paul of Kentucky is ...
Abortion politics threaten bipartisan bills in CongressUSA TODAY
Skinny Jeans, Expanded Waistlines, And A Washington 'Fix'NPR (blog)
Medicare 'doc fix' bill passes House4029tv

all 1,755 news articles »

New York Times

Exposing Hedge Fund Politics in New York
New York Times
It is this kind of political spending, a total of $1.6 million over the past 12 years, they maintain, that undermines his philanthropic efforts through the Robin Hood Foundation, the poverty-fighting charity he created. To civilians, of course, Mr ...

Google News

Telemarketing and Job Losses

Telemarketing and DO NOT CALL lists sure made headlines, but... Read More

Without Trucks America Stops

Do you ever wonder how everything gets to the super... Read More

NASA Budget Space Shuttle Thoughts

Regarding the issues with the Space Shuttle and the in... Read More

Minor Disruptions Cause Chaos in Transportation

Recently the Los Angeles Transit workers are on Strike and... Read More

A Trade War is brewing; Are We Paying Attention

Incompetence is all too obvious at the trade shows of... Read More

Bush Panders America?s Kids to Saudi Pederasts

President Bush and Secretary Powell should hang their heads in... Read More

Fundamentalist: Fascist or Common-Sense?

Is the only way to fight Fundamentalist Extremists becoming one... Read More

To Grow Out Of Unemployment

There is a connection between economic growth and unemployment. There... Read More

Open Source and Post-Capitalistic Society

Capitalism as the social structure was founded in order to... Read More

An Overlooked Plan for Bush, Kerry, Democrats, Republicans, and Healthcare Costs

In an effort to assist our political leadership it would... Read More

Oil Prices Effect The United States Competitiveness

Just because we have been leading the World in innovation... Read More

Public Schools Are Un-American

Compulsory-attendance laws force parents to send their children to public... Read More

Competition Laws

A. THE PHILOSOPHY OF COMPETITIONThe aims of competition (anti-trust) laws... Read More

Adminstration of E-Business Taxation

The entry by telephone and cable companies into the Internet... Read More

Seven Things That Make Me Angry

I watch the TV news and I get angry. I... Read More

Gasoline Prices Going Through the Roof

OH MAN!Here we go again. I guess now the "proof... Read More

Secret Clandestine Facial Recognition Countermeasures and The Future of the CIA

Presently Universities and Private Enterprise are working to build more... Read More

Does Your Farm Stink? The EPA Wants to Find Out

Farmers will eventually be facing federal regulations involving air emissions... Read More

Gas Prices and the Impact of Inflation

Year Item Price Rate of Inflation 03/80 Gasoline (per gallon)... Read More

Another Whistleblower -- is Anyone Listening?

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

Water at the Roots of Twenty First Centurys Conflicts

According to a postulate made by Ignacio Ramonet ecological resources... Read More

Iran is Escalating the Conflict

Iran has threatened to raise America's fuel prices again. They... Read More

Dafur Emergency: A Challenge To Civilisation

With pain rocking through my whole body today, I cast... Read More

In Defense of the Feds Vs Katrina

I, too, am saddened by the disaster in New Orleans... Read More

Steel Import Tariff Taxes Hurt Industry, Not Help Them

US Steel prices have cost franchisees in my company and... Read More