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The plan is coming together..Governor threatens possible PG&E takeover if no plan is made
Fox Business ^ | 11/2/19 | Fox Business

Posted on 11/02/2019 6:03:06 AM PDT by srmanuel

if you have been paying attention, this was an obvious action by the socialists in California.

First put onerous regulations on the Utility Companies, then when the wildfires happen and burn down hundreds of homes, the legal damages cause the Utility Companies to go bankrupt resulting in Government run Utility Companies....which putting the Government in the business of owning utility companies will solve all the problems.


TOPICS: Government
KEYWORDS: california; calizuela; energy; power; socialism; wildfires
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To: srmanuel

Moscow winks


61 posted on 11/02/2019 8:24:06 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: srmanuel

A twofer. The investors lose their investment and the people of CA lose their electricity.

I really feel sorry for the remaining Conservatives in that state.

5.56mm


62 posted on 11/02/2019 8:32:15 AM PDT by M Kehoe (DRAIN THE SWAMP! BUILD THE WALL!)
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To: TexasFreeper2009
this is actually GOOD news! the quicker the left takes over completely the quicker California will FAIL and maybe then, just maybe enough might see the light to bring Republicans back to power (no pun intended)

Build another wall.

Divert the Colorado river.

Seriously, I am beginning to wonder when California will attempt to secede, and openly invite in Red China to back them up.

63 posted on 11/02/2019 9:00:32 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: srmanuel

I watched channel 7 out of LA last night interviewing people. One view presented. P G and E bad...Then they went to their god, Newsome and worshipped him. That place is amazing.


64 posted on 11/02/2019 9:25:01 AM PDT by Luke21
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To: srmanuel; Jim Robinson

We should petition Jim and John to co-locate the FR servers OUT of California - like Texas or another Land-of-the-Free state (Florida?)

BEFORE Gov Nusance gets his mitts on the grid.


65 posted on 11/02/2019 9:28:32 AM PDT by time4good
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To: Luke21

One of the main tenets of liberalism is that companies should not be able to make a profit off of things that are essential to living...

For example medicine and healthcare, the liberals tell you it’s immoral to make a profit off of someone being sick..

Same goes for electricity, it’s immoral to make a profit for something that is essential to living a normal life


66 posted on 11/02/2019 9:29:02 AM PDT by srmanuel
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To: srmanuel

I really hope they do it!


67 posted on 11/02/2019 9:38:55 AM PDT by jrestrepo (See you all in Galt's gulch)
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To: trebb

Ya and 3% of people in California understand that


68 posted on 11/02/2019 10:13:52 AM PDT by genghis
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To: srmanuel; silverleaf; All

Watch For Upcomming law suits
The media’s coverage on this disaster besides not mentioning the results of grounds keeping brush and dead wood clearance maintenance Also.never covers the other results of power blackouts offs. besides food spolilage
Many of those homes because they are in a fire prone areas in rural areas did install fire suppression sprinkler systems which were dependent on the power grid never considered power back up systems in case of extended period black outs.


69 posted on 11/02/2019 10:36:07 AM PDT by mosesdapoet (mosesdapoet aka L,J,Keslin posting here for the record hoping some might read and pass around)
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To: srmanuel

I would actually love to see California Democrats in Sacramento try to take over PG&Es vast electrical transmission system and run it !

that would be beyond hilarious

The little known fact to folks outside CaliforniaIs that we have a bunch of little municipal utilities here too : Lodi electric , Turlock irrigation district , Modesto irrigation district , SMUD the Sacramento municipal utility District and so on and so forth

They do not have to listen to Sacramento and these idiot politicians and are not regulated by them


70 posted on 11/02/2019 1:06:12 PM PDT by Truthoverpower (The guvmint you get is the Trump winning express !)
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To: pepsionice

Top tier residential here is 60 cents per kWh. Lowest is 28c.


71 posted on 11/02/2019 1:07:06 PM PDT by Truthoverpower (The guvmint you get is the Trump winning express !)
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To: srmanuel

Saboteurs and hoarders.


72 posted on 11/02/2019 1:55:35 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: ThePatriotsFlag

“...pass laws that bankrupt them, then ”nationalize” them...”

It’s in ‘Atlas Shrugged’.


73 posted on 11/02/2019 2:10:11 PM PDT by simpson96
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To: realcleanguy

CA has already been renamed Califzuela, that why I bailed and moved closer to its namesake


74 posted on 11/02/2019 3:46:53 PM PDT by newbie 10-21-00
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To: HangnJudge

The nails have already been hammered in to the retirement coffin. PG&E hit a high of $71.50 two years ago. It closed yesterday at 6 1/2. That ship has sailed (and sunk)


75 posted on 11/02/2019 4:08:26 PM PDT by newbie 10-21-00
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To: Erik Latranyi

Not sure if this is viable, but could the DOE, (using the Commerce Clause), take over the PG&E. Consider that PG&E electricity is exported into other states making it an interstate utility.

Would love to hear from attorneys on this.


76 posted on 11/02/2019 6:05:59 PM PDT by usnavy_cop_retired (Retiree in the P.I. living as a legal immigrant)
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To: KC_Conspirator

Heck - they may want to go beyond the Venezuela model - then they can say they have proof Socialism is better than what we got....


77 posted on 11/03/2019 3:12:45 AM PST by trebb (Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
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