It's interesting to observe the length of time it has taken for a power utility to crumble. I believe the disintegration we're seeing now began with the governm

It's interesting to observe the length of time it has taken for a power utility to crumble. I believe the disintegration we're seeing now began with the governmental deregulation of utilities during the Regan administration. The current state was predicted by losers in that round of voting. We are now seeing the tipping point of those regulatory changes. I think in other industries we might have seen these problems arise much sooner. But the utilities are slow, colossal beasts that take decades for changes to really take affect.