Sat, 16 Aug 2003 16:20:24 GMT

How Niagara Mohawk and Enron brought energy deregulation to the US.. How Niagara Mohawk and Enron brought energy deregulation to the US. Greg Palast explores the links between Mohawk, Enron, Bush I, and George Pataki and how their successful attempts at deregulation has left the US with a weaker grid and more expensive energy. [MetaFilter]

deregulation is when someone wants to break a contract so they can make more money, when someone wants to pursue their own interest over the public's in the utility or good they provide. when someone is allowed to pursue, blindly their own profit…., well you see that occasionally capitalism fails to provide the goods.

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