“It is useless to attempt to reason a man out of a thing he was never reasoned into”

Jonathan Swift
"The Democrats have moved to the right, and the right has moved into a mental hospital." - Bill Maher
"The city is crowded my friends are away and I'm on my own
It's too hot to handle so I gotta get up and go

It's a cruel ... cruel summer"

Thursday, July 17, 2008

Free Market

The de-regulation and free market faith based pricing sure works dandy! Via salon.com.

"In 2002, Texas sweepingly deregulated its electricity market. Today, a page one story in the Wall Street Journal by Rebecca Smith informs us that citizens of Texas are paying some of the highest electricity rates in the United States."

"Power costs are rising in the rest of the U.S., but everything is bigger in Texas: On a hot day in May, wholesale prices rose briefly to more than $4 a kilowatt hour -- about 40 times the national average."

. . . is there anything about conservative economic policy/Reaganomics that's NOT bullsheeet?

-Prodigal Son