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Epicurus
Dark Proggy House Beats

Registered: Feb 2004
Location: New Brunswick, NJ, US / Montreal, QC, Canada
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All bullshit...it was the terrorists!!! Actually, in an ironic twist to this whole matter, the Abu Hafs Al-Masri Brigades claimed responsability AS SOON as the black-outs occurred. Of course, that has turned out to be false. Then again, these Brigades have claimed responsability for almost every "terrorist" attack that has happened in the past couple of years, to the point where they now lack credibility in the eyes of even the CIA and the Pentagon 
Sorry for hijacking the thread, back to you 
Link: http://cnews.canoe.ca/CNEWS/World/2004/03/18/pf-385898.html
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Apr-06-2004 21:53
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imokruok
Lawyers, guns, and money

Registered: Aug 2003
Location: Los Angeles, CA / Milwaukee, WI
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The problem with government regulation is that they choose to regulate certain parts of the business, while leaving other parts open to the free market. This is one of the problems that occurred in California where regulators were heavy-handed in rate determination and restrictive of new plant construction. The result was that in transmission, the power companies were largely unregulated, so they bought a lot of (expensive) cross-border power, and relied on it to make up shortfalls in their own capacity.
If you're going to allow utilities to self-regulate, there also needs to be more leeway in modernization of power plants. The nuclear industry is dead in the United States because regulations make building new plants unprofitable, despite the fact that new designs are eminently safer than even the most recent plants constructed. There are plants all over the country that could be modernized, for both power output and environmental concerns, but the laws require you to modernize the whole plant if you decide to change one part.
So, by all means, let the power companies self-regulate, but at least give them more options when it comes to deciding the best way to distrubute and produce power. It's not really self-regulation if the government gives you no other options.
___________________
FLUSHED THE JOHNS!
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Apr-06-2004 22:58
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Yoepus
Neo-condimist

Registered: Jan 2002
Location: Ketchup fields, Texas
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Apr-07-2004 03:29
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