Enron Tapes Should Be Nail in Coffin of Schwarzenegger

"These tapes are like an alarm clock that should wake you out of the dream that deregulation can work... (Lawmakers who passed the first deregulation) did not have the benefit of these tapes or the blackouts or bailouts or bankruptcies that came along with energy deregulation. These tapes lay out the foul and indecent truth that unregulated energy companies will never deliver reliable electricity because they are paid more when energy is scarce and the supply unreliable. You cannot ignore these warnings," FTCR's letter concluded.