Davis and his socialist/commies in the legislature want to use bonds to pay for a partially free lunch with the electricity that we used. This is total left wing insanity!
Why not just charge us over a year or two years, the full price of the electricity we used and didn't pay for. PG&E knows how much I was not charged. Just take the amount and divide it by 12 or 24 and charge us that amount each month until PG&E has been paid for actual electricity costs. Charge us interest if necessary. We could opt to pay it off in 90 days with no interest charges.
Then, there would be no stupid wasteful bonds with our children and grandchildren paying for the electricity that we used last year. This whole thing is a sick demented socialist/communist joke that could only happen in Kali where so many people want a free or partially free electrical lunch.
Who would want to buy these junk bonds from the third world Banana Republic of Kali. By the time these bonds even get touted, Kali under the direction of Fasci$t Davis will be over 30 billion in debt. Wall Street will not buy all of these bonds. We will see Cal Pers pick up a lot of these third world junk bonds to go with the other junk Cal Pers has bought from buddies of Davis the past two years.
Stop the insanity DUMP THE INSANE ONE, DAVIS!
Helping the socialists spend themselves into bankruptcy is a good thing. Socialism is in remission in California, there's been no new social spending recently and programs are being cut left and right. Socialism always ends in bankruptcy so the sooner they run down all their lines of credit the better. At least they bought something we need, electricity, and didn't spend it on a Democrat voter breeding program.