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I suppose - by definition - a newly created Indepe3ndent Regulator office is going to have a lot of turf wars with those who exercised those powers before.  Also, presumably, he got the job because he was ideological well disposed to the concept of independent regulation/open access.  Open access to previously semi-monopoly utilities in the name of efficiency/competition almost always seems to involve increased prices (to attract operators), reduced investment (to increase short term profits), and ultimately an even more dysfunctional system.

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Jan 29th, 2009 at 04:40:20 PM EST
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