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Letter "G" » Gray Davis Quotes
«utilities are going to have to write off some of their debt. We are not going to compensate them for mistakes of judgment they made; they were big proponents of deregulation back in 1996.»
«a huge miscalculation. They did not anticipate the recovery that California experienced and the particular needs of the tech-based economy here in California. Secondly, there was no effort to build more (power) plants to meet that demand.»
«The state will be in the power business for a long time to come,»
«This is yet another example of a senseless barbaric act of violence against innocent children and defenseless adults,»
«On the big enchilada, the thing that really matters above all others, I'm disappointed that we still have a fundamental disagreement,»
«We are entitled as a matter of law to some form of price relief,»
«really missed the boat.»
«We need help from Washington today to reduce the extraordinary prices for power we are paying, ... I'm taking care of the rest of it. ... But price, under the law we passed in 1996, is exclusively a matter for the federal government to resolve and they've dropped the ball big time.»
«There is no easy solution, ... But, if I have to use the power of eminent domain to prevent generators from driving consumers into the dark and utilities into bankruptcy, then that's what I'll do.»