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<br />or less historical accidents. Phoenix is a great example -- here, in <br />the midst of the desert, people water Kentucky bluegrass, fill their <br />swimming pools, and run air conditioners 24 hours a day. Why is that? <br />Is it right that we have huge concentrations of populations in places <br />like Phoenix, Las Vegas and southern California, where there is not <br />the water to support them. I think you are right in two respects. <br />First, we must consider the shear numbers. Secondly, we must consider <br />where we have chosen, whether by historical accident or economic <br />circumstances, to concentrate those populations. <br /> <br />Question: John, your comment started me thinking. I am an economist, <br />and I think that on one hand we are becoming poor. I would have to <br />exclude water attorneys from that category, of course. However, <br />philosophically speaking, I would rather be very poor but still be <br />able to walk around and appreciate a river. While I cannot afford to <br />fish in it, it is still there and I can appreciate it. I think the <br />equivalent of bankruptcy would be for a city to pipe that water and <br />completely destroy the river. I think that is the difference between <br />being poor and being bankrupt. I also have a question for Carroll. <br />Let me see if I understand you correctly, did you say that you were <br />formulating new rules and regulations that would be a reflection of <br />the Secretary of Interior? <br /> <br />Carroll Multz: <br />of the federal <br /> <br />No, the Secretary of Interior would be a reflection <br />view. <br /> <br />Question: But you are creating a new set of rules of regulations, <br />that is correct? <br /> <br />Carroll Multz: That is correct. <br /> <br />Question: Who is doing that? <br /> <br />Carroll Multz: The Department of Interior, Bureau of Reclamation. <br /> <br />Question: That would then be a reflection of the Secretary of <br />Interior's will. <br /> <br />Carroll Multz: Not necessarily, I am saying that the Department of <br />the Interior would have to carry out the policies of the federal <br />administration. In other words, that would currently be the Bush <br />administration. <br /> <br />Question: The next Secretary of Interior would then not be bound to <br />those rules and regulations, correct? <br /> <br />Carroll Multz: That depends on how deeply entrenched we are. If they <br />are like any other agency's rules and regulations, they would be <br />inherited by the next generation. <br /> <br />Question: I do not have a question, but I wanted to advise Carroll <br />that not all proj ects are federal proj ects. When the federal <br />government endeavors to create a program that involves private water <br />companies and you ask for a tripartite participation among the <br /> <br />40 <br />