From the Houston Chronicle: Just how stupid are Texans?

Texans will believe anything. It reminds me of a joke:

A Texan took his Boston customer to the border to show how stupid Mexicans can be. He found a little Mexican kid and offered him a choice between a dollar and a quarter. The kid grabbed the quarter and ran away while the Texan hoot and hollered "Look how stupid they are!". Every day the Texan did the same thing with the same boy just to prove the point. After an entire week, the customer finally caught the little boy and asked "Every day you are given the choice between a dollar and a quarter and you take the quarter. Why?" The boy responded, "Because if I took the dollar, he would never come back."

Texans have become the new Aggie joke. The Houston Chronicle published an op-ed from the former Secretary of Energy, Frederico Pena, on how Texas electricity deregulation has become the "model" for the country. Pena was speaking in San Antonio, one of the few cities that opted out of the deregulation experiment gone bad. Their citizens and businesses pay about 6 cents a kWh, 7 cents during the summers while the rest of us pay out our back ends.

Under regulation, Texas was ranked #4 in electricity affordability with an average of 7.5 cents per kWh. We are now 37th with a 12 cent average. Luckily for industry if you keep coming back day after day, telling Texans how wonderful deregulation of the insurance industry, electricity, and college tuition has spurred competition, innovation, and led to lower rates, they will eventually believe it.

And they will come back for more.