Word: wonders
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...about $2,000 a month. Even in less expensive places, renters face annual increases in the 20% range. Transportation and medical premiums, necessary when first jobs provide no insurance, can add a burden to monthly payments that may already include college loans and credit-card debt. It's no wonder that a young person taking home less than $400 a week may find it almost impossible to manage without some subsidy...
...Small wonder that California seethes with anger and accusations as furious consumers, power suppliers, legislators and regulators point fingers at one another. "Consumers are being asked to conserve on power, but suppliers are unwilling to give up a shred of their profits," complains Susan Weisberg, a San Francisco editor whose home office went dark for more than an hour last Thursday. In Sacramento, Republican state representative Keith Richman, a practicing physician, accuses Davis of Hamlet-like indecisiveness as the crisis worsened. "If I had stood by and watched one of my patients decline without taking action," Richman says, "I would...
...encouraged power-plant construction. Its environmental regulations are less strict than California's, and its approval process more streamlined. Since 1995, 22 new plants have come online, and an additional 15 should be up and running in a couple of years. With that much capacity, it's no wonder state officials are guaranteeing a 6% rate cut from the get-go when retail deregulation takes effect next year...
...sold more than 1,000 units in two years to outfits ranging from high-tech start-ups and hospitals to a Blockbuster Video store and a BP Amoco gas station. According to estimates, 10% to 20% of new power will be distributed by 2010, so it's no wonder that heavyweights like Honeywell and Ingersoll-Rand are moving into the burgeoning business. Still, Maureen Helmer, chairman of the New York State public service commission, insists that "this is just a transitional measure." Perhaps. But for utilities grappling with NIMBYism and small businesses worried about an electricity crunch, it could...
...wonder, then, that in the fall of 1999, when Quinn contacted the U.S. attorney's office in New York about making a deal, he got, as he says, "the back of the hand" from U.S. Attorney Mary Jo White. In Quinn's view, the original criminal prosecution of Rich was flawed, making an example of him for an offense that other oil companies had simply been fined for. But the Justice Department wasn't buying it. Officials insisted that no negotiations could begin until Rich went home to face the music...