Make your own free website on Tripod.com
Recommended Resources
Cyberhaven.com Offshore havens, asset protection, global investing and other useful techniques.
The Year 2000 Bookshelf Books to help your evaluate the Y2K problems you face.

Gary North's Y2K Links and Forums - Mirror

Summary and Comments

(feel free to mail this page)


Category: 

Power_Grid

Date: 

1998-05-13 18:29:34

Subject: 

Y2K Tests Crash Power Companies Every Time

  Link:

http://cgi.pathfinder.com/netly/afternoon/0%2c1012%2c1990%2c00.html

Comment: 

The news could not be worse. But it can get worse when this is confirmed.

This is from NETLY NEWS (May 13).

* * * * * * * *

The good news: Computers in securities firms and brokerages will survive the perilous transition to 1-1-00. The bad news? There may be no electricity to power them. At a breakfast briefing today, an industry representative assured about 80 congressional aides that securities companies were in excellent health. . . . Speaking last was David Hall, an embedded-systems consultant at Cara Corporation, who warned of power outages. "Every test I have seen done on an electrical power plant has caused it to shut down. Period. I know of no plant or facility investigated to this date that has passed without Y2K problems," he said. Added Hall: "Things like this come out and the mass media gets ahold of it -- you're going to have shortages because of panic. How to communicate this to the public needs to be addressed." It's a little late now.

Link: 

http://cgi.pathfinder.com/netly/afternoon/0%2c1012%2c1990%2c00.html

Return to Category: Power_Grid

Return to Main Categories

Return to Home Page