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Pulling the Plug on PG&E
The Nation ^ | October 15, 2019 | Johanna Bozuwa

Posted on 10/16/2019 6:54:15 AM PDT by C19fan

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To: FreedomPoster

Some of the GND plotters are proposing eliminating the use of diesel fueled agricultural machines. All of that’s to return us to the wonders of the early Soviet Union, Communist China before if evolved to fascism, Zimbabwe, Cuba, and Venezuela. Those countries all show how quickly socialist policies can destroy the strongest of economies. Indeed, it could easily happen here.


41 posted on 10/16/2019 11:13:18 AM PDT by libstripper (a bit,)
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To: Godzilla

State revenue, which is on a quite high and increasing trajectory.

PGE would be the principal takeover target in the world right now were it not for the liabilities.

The state can choose which liabilities it will honor and which they will not.

They can also do some neat tricks by subsidizing their revenue stream with taxes/fees...and punitive/progressive rate tables.

A socialist’s wet dream. They can’t lose.

They’ve been working on this one for over 30 years. Outright seizure of a major capital asset.


42 posted on 10/16/2019 11:41:25 AM PDT by Mariner (War Criminal #18)
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To: Balding_Eagle

They can predict weather for the next century. It is settled science.

The Nation seems to be just another emotional lie packed fake news outlet.


43 posted on 10/16/2019 12:05:05 PM PDT by dirtymac (Now is the time for all good men to come to the aid of their country.(DT4POTUS))
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To: GreyFriar

I earned my college tuition in the 70’s by clearing and spraying undergrowth under the power lines in New Hampshire. all electric companies have been doing it for a long time. It is necessary mainly for unfettered access as well as fire prevention.


44 posted on 10/16/2019 12:11:11 PM PDT by dirtymac (Now is the time for all good men to come to the aid of their country.(DT4POTUS))
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To: Mariner

State revenues are on the decline, not rising. The state is tens of billions of dollars in the red. BTW this state can’t even fix its roads, let alone think about running a large utility like this. Only and outright seizure would work - the state can only offer IOUs otherwise.


45 posted on 10/16/2019 12:14:56 PM PDT by Godzilla ( I just love the smell of COVFEFE in the morning . . . .)
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To: Godzilla

“The state is tens of billions of dollars in the red. BTW this state can’t even fix its roads, let alone think about running a large utility like this. Only and outright seizure would work - the state can only offer IOUs otherwise.”

The Commie bastards will do it anyway.

Revenue is fine. Increasing every year since 2014-2015.

It’s the spending that’s crazy.


46 posted on 10/16/2019 12:25:15 PM PDT by Mariner (War Criminal #18)
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