Eli Broad

The American people frankly have been, over many, many years - to be blunt - fat, dumb and happy. If they want their children to compete with children in India, China or Korea, they better get them a far better education.

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.