I suggest you familiarize yourself a little more with something called "economics".
No chance. Did you know that "no pricing power means no profits"?
Message 17984173
Effortlessly hilarious.
Your assertion that California was a "free market" in the similar way that you suggest was the case in Dahbol, Boliva and Dominican Republic, is akin to the classic strawman argument. If you don't have the facts on your side, then dress them out until they are.
Not knowing anything about a subject or its' academic underpinnings doesn't deter any of these folks from spewing; in fact, it actually seems to encourage them.
[B]lame the people who made the laws. If you can't even figure that out, you deserve to be robbed.
It's not even that they were "robbed." Prices went up, and they had to pay them. Under the myth of "deregulation" - a half-assed attempt at emulating laissez faire whose only consistent, predictable result is a reshuffling of former market engineering and price structuring leading to even greater market distortions - problems in California's energy markets, as well as in telecommunications, trucking, and the host of other "deregulated" businesses, were inevitable. It's better termed reregulation.
But take responsibility for ones' actions, or the lack of them? Surely you jest. Oozing into the readily-available role of victim in an increasingly paternalist nation is far more comfortable, and doesn't require leaving ones' intellectual, emotional, or even physical comfort zones.
LPS5 |
