I mentioned this briefly before, but with all the various bits of information about Enron coming to light, will any Bloggers on the right change their position on this?
Aside from who you think is to blame for the mess, your opinion on whether California's energy deregulation was at fault for having "too much" or "too little" deregulation, and your opinion on whether Enron and the power generators were criminal or merely opportunistic, there is one undeniable fact that emerges from all of this:
Hard price caps early on would have prevented this train wreck.
rebuttals?
