Deregulatory disaster in California
WISE News Communique on January 26, 2001
 http://www.antenna.nl/wise/542/5240.html

Articles in Guardian/ Observer:

Blackouts bring gloom to California
Duncan Campbell in Los Angeles
January 19 2001
California has declared a state of emergency, with rolling blackouts spreading from north to south, shutting down parts of Silicon Valley, bringing traffic to a standstill in some towns and prompting pleas that people eat their evening meals by candlelight...

 http://www.guardian.co.uk/international/story/0,3604,424777,00.html

As California blacks out, will we see the light?
Jamie Doward
January 21 2001
We laughed, of course. All those Californians stumbling in the dark, wondering why the sun had left the Sunshine State, made for great schadenfreude. Silicon Valley, for so long held up as the powerhouse that powered all powerhouses, ran out of power...

 http://www.observer.co.uk/business/story/0,6903,425520,00.html

Why the lights are going out
Mark Milner, deputy financial editor
Friday January 19, 2001
The Guardian
"We are borrowing $1m an hour to keep the lights on," an official at a Californian utility observed last week. It was hard to tell if he was boasting or desperate.

 http://www.guardian.co.uk/international/story/0,3604,424770,00.html

California in the dark
This is what came of deregulation
Friday January 19, 2001
The Guardian
California has long been the place where the future begins, not just for the rest of the US but the Anglo-Saxon west at large. This was the birthplace of the famed "tax revolt" (with Howard Jarvis and proposition 13 in 1978) that helped propel Margaret Thatcher and later Ronald Reagan to office. Now California may be pointing in the opposite direction.

 http://www.guardian.co.uk/leaders/story/0,3604,424510,00.html


see also:  http://www.corporatewatch.org.uk/newsletter/newsletter.htm