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To: yesthatjallen

If it moves tax it, if it keeps moving regulate it, then when it stops moving have the government take it over.


5 posted on 10/21/2019 2:47:58 PM PDT by AC86UT89
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To: AC86UT89
If it moves tax it, if it keeps moving regulate it, then when it stops moving have the government take it over.

Exactly what is happening to PG&E. Heavily regulated by the state PUC, a commission of socialist bureaucrats in California. PG&E is damned if they do, damned if they don't - on anything. My wife worked as a manager at PG&E, and often complained about the PUC crippling PG&E from being successful. They forced PG&E to divest their most profitable ventures, giving them to 3rd-party companies, but forced PG&E to maintain and pay for the infrastructure. How many companies can do business like that and survive? State regulation strangled the company, now they want more regulation?

29 posted on 10/21/2019 3:31:50 PM PDT by roadcat
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