I hope all of you S&P folks are doing ok and hopefully people make it through the swelter
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Yes indeed our power grid is in trouble and its going to get worse.
Obama said he was going to tax coal fired power plants out of existence and one of the power companies in my state just announced they were closing several power plants because it would cost too much to retrofit them to comply with new EPA regulations.
We don't have enough electrical generating capacity even without Osama sticking his socialist nose into it.
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We've got to rebuild our infrastructure ! Well, that was at least easy to say. There was long lines at gas stations and grid lock at intersections,lights out everywhere; sounds like a real PAW script."Well, you know what they say: 'Good judgment comes from experience, and experience comes from bad judgment. '"
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