Panskeptic

America's Energy Policy: Coming to Terms with Reality

Well, gee, now we know Picerno's political preferences. And was he as exercised when a bunch of power companies all pulled their capacity offline simultaneously causing a spike in rates, and the Bush Justice Department forbade the states to investigate?

I find it equally risible when Washington bloviators parrot Ronald Reagan and Milton Friedman slogans that have proven just as untrue, irrelevant and off-the-wall. I love "the magic of the market" that gave us Enron, LTCM and Bear Stearns. But I guess we'll hear about that brainless silliness in Mr. Picerno's next post.