Dave wrote:
Government regulation worked wonders for California - and government regulations under Carter did wonders for natural gas - no matter how many times liberal ideas fail the liberals have a childlike faith they'll work the next time.
As to speculators, I'd offer two comments:
- speculators win and lose - if they are responsible for price rises they are also responsible for price declines
- and, the liberal hero, George Soros, is the biggest speculator of them all.
From your perspective how did regulation affect California? I'm looking for specific examples if you have any. Do you live in California and if you do, where do you live northern or southern Cal? in a city, suburb or rural? I guess I'm trying to understand better how you came about with your opinion.