Uneasy Rhetoric

Commenting is broken on my previous post on the PG&E credit, and apparently only on that post. If you have anything to say about it, please post your comments here. Thanks, Maureen, for letting me know that something was wrong.

I’ve lived under both public and private electricity regimes — including an Enron-owned utility — and I can’t say as I’ve seen much difference between the levels of service. I can’t really compare prices either because energy prices are set in a manner that makes the federal budget process look like balancing a checkbook. But, [...]

The fact that the arena deal is going down should surprise no one. It was a poorly executed measure designed to coddle the Maloofs by giving them an extraordinary amount of public good for an extremely small private investment. Yet, under normal circumstances, I wouldn’t have expected it to be as unpopular as it is [...]