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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (4093)	6/15/2001 6:51:51 PM
From: peter n matzke	Respond to of 33421

Hawk, absolutely brilliant wink, wink, nudge, nudge, know what i mean

To: Hawkmoon who wrote (4093)	6/16/2001 2:07:31 AM
From: Yorikke	Read Replies (3) \| Respond to of 33421

You seem to have it a bit wrong.....the utilities that stayed government enterprises in CA are doing just fine. It is the utilities that gave up government regulation to become free market gutted flounders that are failing. . I believe there is a theory in first year economics that speaks of natural monopolies, and discusses how they are often best left to be regulated for the public good. But that is not often something the MBA class remembers; after all its not the kind of thing one can crank out on an excel spreadsheet template... As time goes on I am only impressed by the fact that the radical communists were as good at screwing up a not half bad theory as the the radical capitalists are beginning to be at screwing up another. To paraphrase the Last Poets...'When the revolution comes, when the revolution comes yuppies and xers be watchin it on the Internet with latte foam driftin off their upper lips, and bear traps hangin from their portfolios.....When the Revolution comes.