[Tuco-bad]

First the federal governmnet deregulated the airline industry, and now we're spending $billions to bail the industry out.

Then the federal government deregulated the energy industry, and now it's costing taxpayers/investors $billions of dollars.

What's next to deregulate, the military?

One must admit there are certain areas where government control is best.

[aabbccddeeff]

NO, everything you cited involved some degree of
ongoing government interfearence.

look at california energy, they deregulated the cost
of the energy but not the price companies could charge
consumers. They elimante the unweildy regulatory body and
then impose laws which hamstring competition.

The airline bailout is an excuse. (the airlines needed some 9/11 assitaince, but the bailout was something they wanted from before and were lobying before 9/11) These mismanaged airlines
should be in chapter 11 reorganization. and if they fail
they should close. (see their stocke prices) Deregulation has been a benefit to
the consumer in the airline industry. (lower ticket costs and more choices)

The new "security" air line bill is just a pass the cost to
the consumer scam. Watch all the security agents will be
retired overweight cops, mental job wanabees, given as
political favors by puff dashel and his mob, or places you put bad
federal agents. The lawyers will have a field day
tapping into the overzelous wacko searches.
Don't believe me, next time you go to any public
place/building with security and see
who you have as asecuity agent.

[Hugh Akston]

Question: Why did deregulation fail in California but succeed in Pennsylvania?

Might it have something to do with the fact that Pennsylvania actually deregulated, while California tried to regulate in a different way while calling it deregulation?

Might it be because the Governor of Pennsylvania was one of those greedy pro-business/pro-oil company Republican types while in California, it wasn't?

[bvw]

Great idea actually. Deregulating the Military, that is. Actually a founding princible: check out the history of letters of Marque and Reprisal.

[bvw]

First the federal governmnet deregulated the airline industry

Oh is that so? Last I heard the Federal Government pretty much has control over everything and everyhow in the air biz, excepting perhaps lease and capital. Maintainence and personnel standards are set by the Feds, monitored by the Feds. Air Traffic Control is Federal. Security is now Federal.

What exactly is deregulated?

[Lazamataz]

First the federal governmnet deregulated the airline industry, and now we're spending $billions to bail the industry out.

Riiiiggghhhht. It was deregulation. Nothing to do with September 11th.

And those darned World Trade Center buildings just fell down by themselves, too. OH, WHEN WILL WE FEDERALIZE THE CONSTRUCTION INDUSTRY?!?! (wringing hands, gnashing teeth, rending shirt)

[hopespringseternal]

One must admit there are certain areas where government control is best.

Let's see, Enron's upper management and major shareholders were crooks, and California's socialist energy scheme collapsed.

Your hero Clinton was on the watch while Enron's management was playing number games to rip off it's other shareholders, why doesn't he get any credit?

I have actually seen other examples of this: Companies doing great under Clinton because they could cook the books all they wanted and get away with it, but when Bush took charge all the shenanigans had to stop.

I wonder how much of the miracle economy was due to just that kind of game and how much the current recession is just the chickens coming home to roost.

[Carry_Okie]

The main reason that we had lower energy prices in California was threefold: 1) we had one of the coolest summers in decades, and 2) Energy consuming businesses cut operations, left, or stopped planned expansion (we call that a recession Tuco dear), and 3) Davis bought so many power contracts that he later had to sell the excess and those sales drove the price down further.

You are demonstrating the usual idiotic socialist reasoning that goes about two inches deep into a subject and therefore assumes sufficient knowledge to make investment decisions for everybody else. Meanwhile you apparently never considered that the airlines are a heavily subsidized business and might lose to economic substitute goods such as fiber-optic teleconferencing if regulations were removed. Why is that a bad thing?

[Southack]

"First the federal governmnet deregulated the airline industry, and now we're spending $billions to bail the industry out.

Then the federal government deregulated the energy industry, and now it's costing taxpayers/investors $billions of dollars.

What's next to deregulate, the military?"

AmTrack (ooops, that one is highly regulated, and it is already costing taxpayers Billions).