bltserv said:
No Vas.
You listen to Larry Kudlow ? Seriously?. He is like a drunk old cheerleader.
It was surreal. He tossed Arnold in front of the bus for Gray! Sometimes he has guests on I want to hear. I use his program for practice listening to one person while two are talking.
He also had Joe Battapaglia on right after that. For those of you who missed the .com bubble, Joe was on CNBC six time a day back then talking up his book and spewing nonsense like "metrics don't matter" and "this is the new economy". He was as bearish as I am yesterday. A double hi-yah moment. I taped it on the DVR incase CNBC doesn't have it archived.
No Vas. Dont forget Gumby was the one that started all this when he signed those contracts
for Electricity back in 2000. Thank you Enron and all you guys from Texas. Deregulation and the Bush mantra cost this state Billions and started our borrowing bindge.
How soon we forget.
No, that's Steve Peace's fault for authoring AB1890.
http://www.eia.doe.gov/cneaf/electricity/california/assemblybill.html
How soon we blame the wrong guy. Deregulation rocks! Look what it did for banks and mortgage lending!