The Mudcat Café TM
Thread #113353   Message #2408918
Posted By: Amos
08-Aug-08 - 07:52 PM
Thread Name: BS: the big lie behind privatization
Subject: RE: BS: the big lie behind privatization
Say, PDQ:

Do the words "Gray Davis", "Enron" mean anything to you? Ken Lay?

The entire state of California was held up at gunpoint by a Republican-led privatization of public utilities. The problem was partly, of course, that (a) the privatization of generating sources left the utilities bound to buy from profiteers and (b) the enforcement agencies did nothing to prevent the ripoffs until the Enron scandal materialized.


A