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PG&E craters after California governor rejects bankruptcy reorganization plan
foxbusiness.com ^ | December 17, 2019 | Jonathan Garber

Posted on 12/16/2019 3:29:14 PM PST by Berlin_Freeper

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To: Widget Jr

I’m right there with you in NY.

Hell we had our share of good times in these states so moving on isn’t a loss.

I loved working in Manhattan back in the day.

Now it’s time to move to PA


21 posted on 12/16/2019 3:51:03 PM PST by dp0622 (Radicals, racists Don't point fingers at me I'm a small town white boy Just tryin' to make ends meet)
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To: metmom; Revel

you’re both right.


22 posted on 12/16/2019 3:51:27 PM PST by dp0622 (Radicals, racists Don't point fingers at me I'm a small town white boy Just tryin' to make ends meet)
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To: metmom

Yep. There will be a Social Credit Score that allows you to purchase electricity. Speak against the government and you will do it in the dark.


23 posted on 12/16/2019 3:53:05 PM PST by AppyPappy (How many fingers am I holding up, Winston?)
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To: Berlin_Freeper

The reverse Midas touch, everything Progressives touch turn to manure.

Let the Govener pull a Mussolini thing and seize private industry. Next fire his disaster of forestry management causes the State will own, no more blaming the power companies for massive forest fires that have so much fuel they cannot be fought.

Once all the State money is gone the Democrats will have no reason to stay in power. Vampires are not attracted to Bloodless corpses.


24 posted on 12/16/2019 3:56:49 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: metmom

That is how it works in Nigeria.

There is plenty of electricity provided for the modern capital city—that is the first priority of the power company.

Outlying areas get more and more unreliable power as they get further from the capital.

That is what happens when government controls a third world utility company.


25 posted on 12/16/2019 3:57:16 PM PST by cgbg (The Democratic Party is morphing into the Donner Party)
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To: devane617
PG&E should pull the plug and go home

This .. with no warning other than a hearty Hi Ho FU !

26 posted on 12/16/2019 3:58:00 PM PST by tomkat
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To: catnipman

Good question. I found this:

https://www.thestreet.com/investing/stocks/trading-a-stock-in-bankruptcy-5-facts-10870188


27 posted on 12/16/2019 4:02:33 PM PST by MV=PY (The Magic Question: Who's paying for it?)
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To: Berlin_Freeper

What’s really stupid is there are so many RICHER companies in California that they can destroy through regulation and take over.

Maybe this is just practice.


28 posted on 12/16/2019 4:03:16 PM PST by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: Wuli
I'd rather the citizens of California bear the full consequences of their electoral choices on their own.

They broke it, let them fix it. Mayne they'll learn something in the process.

29 posted on 12/16/2019 4:04:31 PM PST by Bruce Campbells Chin
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To: Revel

“ My guess is that the Governor wants the state to take over the company and control it. Talk about gaining POWER!”
*

If the state takes over PG&E good governor will see a mass exodus the likes never seen before. Hope he does it.


30 posted on 12/16/2019 4:06:08 PM PST by snoringbear (,W,E.oGovernment is the Pimp,)
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To: Berlin_Freeper

It’s a state level conspiracy to overtake their company. Then they will inflict horrific fraudulent green policies on the people of CA that only the elite can afford.


31 posted on 12/16/2019 4:10:09 PM PST by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: Widget Jr

California has a national Guard. They can take the capital and arrest the traitors.


32 posted on 12/16/2019 4:11:04 PM PST by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: Berlin_Freeper

if Californication manages its utilities as corruptly as it supposedly ‘regulates’ them, ha ha, then sell your Tesla stock (you can’t run electric cars without electricity!)


33 posted on 12/16/2019 4:15:08 PM PST by faithhopecharity ( “Politicians are not born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: Bruce Campbells Chin

I’d rather use the occasion to have a GOP POTUS forcefully demonstrate the improvements that are possible for PG&E if it is run NOT on California “green mandates” but only in the best interests of (a) the rate payers and (b) the health of PG&E so that it can afford to make the kinds of investments it needs to make. That demonstration might move some of the sheeple-captives in California off the Left/Progressive/Liberal plantation.


34 posted on 12/16/2019 4:17:39 PM PST by Wuli
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To: Berlin_Freeper

Just how does a public utility go bankrupt?! Only in California....


35 posted on 12/16/2019 4:18:58 PM PST by Rummyfan (In any war between the civilized man and the savage, support the civilized man. Support Israel.)
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To: Widget Jr

California is beyond a lost cause.


36 posted on 12/16/2019 4:25:40 PM PST by GSWarrior
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To: metmom

I have a forward thinking solution for the gubner...force every Californian to ride a bicycle generator at least 6 hours per day and charge them extra for the electricity because of the health benefits that would be gained. If any old folks die from the exertion, an added benefit as less medicaid cost to the the state. WIN, WIN, WIN...


37 posted on 12/16/2019 4:27:40 PM PST by richardtavor
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To: Berlin_Freeper

Isn’t California where they won’t prosecute people for shoplifting?

Doesn’t somebody actually have to pay for the stolen merchandise?

Who could that be?


38 posted on 12/16/2019 4:28:39 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: catnipman

If you like your power company, you can keep your power company.


39 posted on 12/16/2019 4:30:29 PM PST by N. Theknow (Kennedys-Can't drive, can't ski, can't fly, can't skipper a boat-But they know what's best for you.)
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To: Berlin_Freeper

Isn’t bankruptcy handled in court? How is a governor setting conditions. Up to the judge.


40 posted on 12/16/2019 4:40:56 PM PST by fruser1
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