[CalConservative]

What he should have done was obvious, as proposed by many freepers: As soon as the crisis hit, allow rate increases to be passed on to consumers. If he'd done that, there would be no half-bankrupt utilities, and the rate increases would have most likely been in place for only a few months. By now they would have been long forgotten.

Exactly!!!

Now that is hardly a socialist solution, is it?

[stands2reason]

Yes, that might have actually caused people to CONSERVE electricity to save money! Scary!