So it was flawed in that it didn't require California to have a first claim on the power plants. It deregulated part of the market, but not all of the market.
More Quotes from Gray Davis:
We'll have a public power authority, which will also have the ability to build power or finance power. And more importantly, we'll have more power than our economy provides. All of that will give us leverage we don't have today.Gray Davis
I believe you wait until the money is there before you give it back.
Gray Davis
My friends, this was a massive effort ranging over 180 miles in six counties, probably the worst fires in California history,
Gray Davis
I'm taking care of the rest of it, ... We are building more plants and we are conserving, but prices under the law we passed in 1996 are exclusively a matter for the federal government to resolve -- and they've dropped the ball big time.
Gray Davis
Last Friday, 50 million Americans lost power for 29 hours. In California, not a single light has gone out in the last two years,
Gray Davis
I expect these bids on long-term energy contracts should stabilize the market and drive the price of electricity down. This is a key step in our efforts to keep the lights on in California at a reasonable price.
Gray Davis
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Based on Topics: Power QuotesBased on Keywords: deregulated, flawed
The comparison to the old world is something to get excited about. We have the potential for more choice and innovation, and a different regulatory environment that doesn't place as much weight on economic regulations of terms and conditions.
Michael K. Powell
The light you see at the end of the tunnel is the front of an oncoming train.
David Lee Roth
I believe that God made this wonderful universe and all that exists.
Pat Buckley