[NormsRevenge]

If Im not mistaken, I don't think the California state legislature was controlled by the Republicans nor was the deregulation legislation written by Republicans... Correct me if I am wrong , Please.

Pete did what any politican would do. He accepted the flaws and relied on folks downstream to correct flaws that popped up.

Instead GraYouT panicked, and now We All Pay! This will come out of the pocket of all americans , not just Californians.

[lewislynn]

If Im not mistaken, I don't think the California state legislature was controlled by the Republicans nor was the deregulation legislation written by Republicans... Correct me if I am wrong , Please.

You are wrong. AB1890(Assembly Bill 1890) was authored by (R) Jim Brulte who was also Assembly Speaker when the Republicans controlled the State Assembly in 1996....AB1890 (deregulation) was signed by (R) Republican Governor Pete Wilson Sept. 1996 to be implemented Jan. 1998 (after Wilson's term).....The rest, as they say, is history.

BTW, this didn't happen overnight. California had (2) Republican governors for 16 cosecutive years prior to Davis.