Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.

So it was flawed in that it didn't require California to have a first claim on the power plants. It deregulated part of the market, but not all of the market.

the most qualified person on question number two.

Kids and adults pay a price for too much tech, and it's not wholesale.

If we get enough 'no' votes on the first question, then whatever Arnold Schwarzenegger does on the second question is of no significance,

It's really not too much different from other businesses. You buy at wholesale and sell at retail. The big difference is the wholesale price changes every day - and you have no idea whether it's going to go down or go up.