The location of a corporate HQ is not necessarily same as the corporate operation. Was it not Santa Fe RR, the major southwest freight and energy company, that was based in ... Allentown PA?
CA is not a demonstration of "how *not* to deregulate an industry". CA's energy problems are only a symptom. It examples what happens when the 'powers that be' don't come from where the work gets done. In this case, all executives and lawmakers had no clue as to 'what is and is not' a free market. IOW CA's deregulation is a perfect example of why communism (also known as centralize decision makers) does not work.
Quote:
Originally posted by adamzion
My electric supplier: Electric America.
What they are: a provider of hydroelectric power.
Where they're based: California
My rates: quite low, actually.
CA's a demonstration of how *not* to deregulate an industry,
Z
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01-30-2001, 02:59 PM
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