Quote from Arnie:
Regarding the Cal energy "crisis", It was deregulation in name only. In fact, it's an excellent example of "how not" to do it. The fact that Enron and traders took advantiage of the situation is a side story....there actions were a result of the problem, not the cause of it. To say Enron "caused" the Ca. crisis is like saying wet sidewalks cause it to rain.
Damn, I wish I would have said that.....
I should just quit posting...
:eek: