13 Oct 2013

Why Are Gas Prices So High?

So, my neighbor made this video about why gasoline prices are so high when demand is down and supply is up.   You should watch this.

You are not going to like the answer.

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13 Oct 2013

Why the #@&% are gas prices so G** damned high?

So, my neighbor made this video about why gasoline prices are so high when demand is down and supply is up. You should watch this.

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17 Aug 2013

FDL Book Salon Welcomes Eric John Abrahamson, Building Home: Howard F. Ahmanson and the Politics of the American Dream

Are you old enough to remember when Masters of the Universe actually felt the need to give back? Can you remember the days when regulations were seen as good things? When the phrase “consumer protection” was used by someone other than Elizabeth Warren? If you’re too young to remember what the world was like when we had decades of prosperity and relative economic fairness in the “managed economy”, or if you want to take stroll down memory lane, back to the days of economic regulation, you may want to crack the spine on this book.

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17 Aug 2013

FDL Book Salon Welcomes Eric John Abrahamson, Building Home: Howard F. Ahmanson and the Politics of the American Dream

If you ever wanted to know the real life background of the movies Mildred Pierce or It’s a Wonderful Life and to understand the social legislative, regulatory and economic forces that contributed to the post WWII residential development of California, this book will provide you with a wealth of information.

If you want to confirm that strict regulation will not prevent someone from building up a huge and profitable business in a “managed economy”, Howard Ahmanson is your case study, he became very rich in the insurance and Savings & Loan businesses during a time when both were regulated far more so than today, or even most living memory.

If you want a backstage look at California Republican politics before Earl Warren or Richard Nixon went to Washington, there’s a bit of that in there. If you are a California history buff, there may be much in this book that is new to you.

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09 Jun 2013

LIPA Squared

The draft legislation which the Governor is trying to jam through the legislature in the next two weeks contains a provision to create a LIPA Refinance Authority. That is a LIPA for LIPA or, as I like to think of it, LIPA Squared. During the dog and pony show on

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06 Jun 2013

New Adventures in LIPA Privatization

The LIPA ServCo contract with PSEG should be allowed to go forward as originally planned, bid, approved by NYS Comptroller and NYS AG, and authorized by the IRS. Governor Cuomo should stop flailing around with a new plan every few weeks. He should focus on appointing a CEO and getting a commitment from that CEO to appoint and support an inspector general to detect and prevent fraud, waste and abuse.

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06 Jun 2013

New Adventures in LIPA Privatization

The LIPA ServCo contract with PSEG should be allowed to go forward as originally planned, bid, approved by NYS Comptroller and NYS AG, and authorized by the IRS. Governor Cuomo should stop flailing around with a new plan every few weeks. He should focus on appointing a CEO and getting a commitment from that CEO to appoint and support an inspector general to detect and prevent fraud, waste and abuse.

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19 Apr 2013

Breaking News- Evacuation of Cambridge Street

I have been in telephone contact with friend who lives on the same street in Cambridge where the suspect lived. She just texted me that they are being evacuated. This is consistent with reporting on CNN that reporters have twice been pushed back multiple blocks from the house where he lived.

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15 Mar 2013

Did Long Island Power Authority Try to Poison Pill National Grid From Buying PSEG LI?

It sure looks like LIPA is under the impression that National Grid, like a spurned lover who won’t take no for an answer, may try to undo the competitive process that resulted in PSEG getting the contract and may try to simply buy its way back into the Long Island market by buying up PSEG. Of course that poison pill will also apply if anyone else tries to buy PSEG LI. It is pretty clear that what LIPA contracted for and what LIPA wants is the superior customer satisfaction that PSEG’s management practices have produced in other markets.

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14 Mar 2013

Did Long Island Power Authority Try to Poison Pill National Grid From Buying PSEG LI?

More on Long Island Power Authority: So What’s Up With Privatizing LIPA? Part 1 and Part 2. Testimony on Privatization part 1 and Part 2. In 1986, then Governor Mario Cuomo announced creation of Long Island Power Authority (LIPA). See, “Andy’s fuzzy math” Nichole Gelinas, New York Post, 1/10 /13 It

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