Everything is perfect out there! The weather is beautiful!!!!!! California Dreaming!!!!!!!
Because, civilization does not want those people. You've heard of the Midas Touch? The touch that turns everything to gold?
Kalifornia is the Crap Touch. We've already lost Oregon, Washington, Colorado, Austin.......
No more, please.
God forbid the Governor takes Trump's advice a few years ago and clears the brush.
Could offer the opportunity for “the state” to take over the electrical utilities. Scary thought indeed.
P,G&E - a shell corporation essentially run by the California State government - which itself is essentially a shell government actually run by liberal activist groups - incredibly had investors, although I suspect a majority of these were shell investors - public pension funds also controlled by liberal activists. Total insanity and sad for people killed or burned out of their homes.
And the Laws of Trickle-Down Socialism will stipulate that we’ll end up bailing them out of their own mess in the end.
Capitalism, meet socialist-styled communism.
Wow, talk about the gang who can’t shoot straight. Not only are they taking massive flak for these “proactive” outages to prevent wildfires, the efforts don’t aren’t even working to prevent said fires?
Pensioners prepare for incoming!
I know a guy who is retired in the San Diego area. He told me of all the issues with California and the utility companies. This was 10 years ago and he for casted the impending doom. He liked the weather and the ocean and decided the only way to stay was to try to go off-grid as much as he could. He went completely solar and put up a windmill, installed a water well and bought an electric car. He got rid of his cell phone, house phone and cable t.v. He goes to the local library every to check his email and pay his bills on line. I thought he was a bit extreme at first but after talking to him he laid out all the issues logically and predicted the coming chaos.
Smacks of stock bashing (a form of illegal stock manipulation) by Citigroup.
So not only fires and no electricity here comes massive default by PG&E on retirement incomes.
I posted 3 weeks ago that anyone who keeps this stock is a moron...
Well, now, at least money losing morons.
Won’t be long and insurance companies will refuse to cover houses and businesses in Ca. altogether.
First, create untenable situations, then when the semi-public utilities fail, nationalize them, voila, national socialism; in this case, at the CA state level.
Just curious if anyone knows
Here in New Jersey our electric & gas company is PSE&G
So far, the Liberals haven’t ruined it and energy prices haven’t really gone up all at over the past 5-10 years.
How does what’s happening with PSE&G in California effect PSE&G in New Jersey (and other states). Or are they separate entities?
Now ask yourselves, who will be buying PG&E if it goes under? Who will be purchasing large amounts of shares just before the price rises? Then, who is pushing for PG&E to be held liable?
Follow the money, always.
Worthless? Who would have thunk it?
Yeah, frugal Buffet is going to buy this disaster. Actually I’d love to see it then he and his liberal billfold can go down the tubes together.
If he were to buy it, say for 1 dollar and own it outright as a private investment, when the claims come in, they get paid out of his pocket.