To the People

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or TO THE PEOPLE.

Friday, August 25, 2006

Deregulation, California Style

Great news! California's deregulated its phone lines, opening them up to competition that will lower prices and lead to more consumer choice.
Just to be sure, though, the [state's Public Utilities Commission] reserved the power to step in and curb excessive price hikes. The commission also froze basic residential rates until 2009 to protect poor and rural customers who have less access to new technologies.
Oh, nevermind. I seem to remember a prominent case where California deregulated an industry by re-regulating it. That went well.