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39 comments on Even CATO libertarians say energy deregulation does not work

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Jerome a Paris on October 9, 2007 - 9:25am Permalink | Subthread | Parent | Comments top

The question of "who profits" is an important one.

I quip that deregulation is a jobs programme for investment bankers (& market consultants & assorted "parasites") and rightwing politicians, but there is a hard nugget of truth in it.

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galacticsurfer on October 10, 2007 - 7:00am Permalink | Subthread | Parent | Comments top

That is not just a quip or a nugget of truth. It is the essence of the whole thing. A jobs creations programme. Just keep things churning. musical chairs with endless fees sucking the lifeblood out of the economy for consultants. German consultants make billions writing reports for the government. Privatization is propelled forward by these people to make a quick buck. This is reality.

“Without a video the people perish”-Is. 13:24

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