Replies

"Not content with chronic electricity shortages, California prepares to socialize the petroleum industry. What a laugh, and probably violates a few hundred interstate commerce laws. Wonder how many in old CA are dumb enough to buy the logic that gov't can control supplies and prices? Short of a totalitarian takeover, it can't be done"

...Exactly...Your last sentence reminds me of a famous quote by Ludwig von Mises [sorry I can't find the exact quote, so I will have to paraphrase]...Mises states that the only way for a communist economy to function is to have every single edict enforced by a soldier or a hangman...

...It is hard to believe how ignorant most of these leftist politicians of basic economic relationships of 'supply', 'demand', 'production', 'prices', etc...Maybe we should take up a collection and send them copies of Hayek's: 'The Road to Serfdom' or Smith's: 'The Wealth of Nations'...Though I suspect that 'Dick and Jane' or 'Where's Waldo' might be more suitable for their reading level...