Wait till you see the Tittengrabber’s plan (or is that the Gropenator… or Assinator?) to resolve the energy crisis and budget crisis all in one fell swoop…
Schwarzenegger's energy strategy is being driven by some of the same members of former Gov. Pete Wilson's team who led the push for energy deregulation in the mid-1990s. The governor-elect, for example, picked for his transition team Jessie Knight, a former Wilson appointee to the Public Utilities Commission and a leading proponent of deregulation.
Consumer groups already are warning that the proposals made by Schwarzenegger during the campaign would expose electricity users to greater fluctuations in prices while limiting state oversight of power trading -- a combination that could allow the type of market manipulation that plagued California during the state's energy crisis in 2000-01.
Not surprisingly it’s a variation of the tried and true GOP strategy of borrow and spend, and like other variations of this (one being practiced as we speak at the federal level) it involves tax cuts and sticking it to anyone who works for a living… Surprise!
Thanks to Atrios
4:11:23 PM 
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