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by thinkcontext
1941 days ago
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They chose to risk the possibility of unlimited prices. They chose to abandon agents that would hedge against price spikes. They pocketed the money they "saved" and chose not to insure themselves against this possibility. We have been subjected to sneering lectures from Texans and libertarians about the nanny state, socialist bureaucrats, freedom killing regulation, Venezuela, the Great Leap Forward and on and on. I'd suggest Texans kick such politicians out of government and replace them with ones that have advocated for sane policies PRIOR to this event. |
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My experience with these companies is that they'll just walk door to door with a pen telling you to sign on the dotted line to save a bunch of money.
I doubt most of the people hurt by this are true believers, or even had a basic understanding of the arrangement.