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IP: Populism's comeback
From: David Farber <dave () farber net>
Date: Sun, 03 Jun 2001 14:01:08 -0400
Date: Sun, 3 Jun 2001 11:50:37 -0600 (MDT) From: Brett Glass <brett () lariat org> To: dave () farber net Populism's comeback BY MOLLY IVINS GRAY Davis, the Al Gore of California (are we sure this man has a bellybutton?), has suffered a conversion to populism. Funny how populism always comes back again when people notice they are getting gouged by corporations. The last time we had unregulated electricity markets in the United States was in the 1880s, and energy writer Harvey Wasserman describes it as ``an unmitigated disaster: a short-term free-for-all followed by an avalanche of corporate consolidation.'' George Westinghouse and J.P. Morgan (General Electric) were the largest among the few remaining behemoths. Morgan wanted to ``avoid the inconveniences of competition, which he considered barbaric, an unconscionable waste of resources.'' More at http://www0.mercurycenter.com/premium/opinion/unpub/060927.htm
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