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Old February 13th, 2003, 11:49 PM
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Default Re: [OT] Nation bashing

Quote:
Originally posted by rextorres:
Argentina and (power in California)is a perfect example of what can happen when "govt gets out of the way so business people can do business".
I don't know anything about Argentina, but California I do. Rex I'll say this for you. You are consistant. Wrong, but consistant.

The problem with the California power companies wasn't a lack of regulation, it was half regulation. They relaxed some of the rules aboout production and distribution, but kept the artificial price limits for residential power customers. That's a good way in the short term to get votes, but it's not exactly a good way to do business.

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