about 175,000 customers blacked out on Sunday, but that was due largely to failing transformers.  The ISO is making it through by the skin of their teeth right now.

Here's Angelides' whole problem in a nutshell:

State Treasurer Phil Angelides, a Democrat running for governor, criticized the Schwarzenegger administration for its handling of the state's energy resources. "We shouldn't be asking businesses to shut down or the elderly to turn off their air conditioners," he told reporters.

Schwarzenegger spokeswoman Julie Soderlund defended the state's utilities, noting they met California's power supply needs amid record temperatures.

Excuse me?  Is the Democrat now the ANTI-conservation candidate?

There's such an appealing story to be told here and Angelides is missing the boat.  The voters believe in their hearts that they're being scammed again.  They see the giant freeway sign lit up saying "conserve energy" and they want to believe that government's screwing them.  Angelides hasn't told that story.  I have.