Tuesday, February 15, 2011

Electrical Déjà Vu?

I guess if it was good enough for Enron to do to California, it was good enough for Texas.
We got an actor for a governor and a massive debt, I wonder what lies ahead for Texas?  Didn't they read the news? 

A report released Monday concludes that electric deregulation has cost Texas residential consumers more than $11 billion in higher rates and that the operator of the state's major power grid, the Electric Reliability Council of Texas, has been poorly managed and industry-dominated

Read more: http://www.mcclatchydc.com/2011/02/15/108745/texas-electric-deregulation-cost.html#storylink=omni_popular#ixzz1E6dPOvKV

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