home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   alt.home.repair      Home repairs and renovations      32,593 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 31,367 of 32,593   
   redacted to useapen   
   Re: Power rate hikes   
   12 Sep 25 07:00:03   
   
   From: devnull@redacted.dnc   
      
   On 9/11/25 20:17, useapen wrote:   
   >   
   >   
   >>    When energy generation was deregulated in the 1990s, the utilities   
   >> divested the generators because they felt their old generators could not   
   >> compete with new generators.  However, because of the highly regulated   
   >> structure of the remaining energy distribution system, they returned the   
   >> proceeds to their stockholders, usually conservative fixed income   
   >> investors on pensions. Therefore they did not invest in upgrading   
   >> (burying, hardening) the grid and transformers. The regulation system is   
   >> partly responsible for the fact that they cannot maintain an aging and   
   >> degrading grid. The cost of upgrading the grid should not be dumped on   
   >> ratepayers. Perhaps the regulators should therefore provide bond   
   >> authorities to pay for this. Or if Trump can buy a share of defense   
   >> contractors, why not rails & utilities? Such firms are hampered by their   
   >> dependence on regulation, so why should regulators bear some of the cost?   
   >> Rails and utilities resemble banks in terms of how their   
   >> interconnectedness could destabilise everything.Crypto and AI should not   
   >> be on the grid but should generate and maintain their own power.   
   >   
   > Communists love to have government ownership of private enterprise while the   
   > Nazis took control of dozens of industries as partners.   
   >   
   > Trump took a stake in the 3rd rated chip maker in the world, not the best,   
   > not even second best, but the failing Intel.   He's a realestate clown, he   
   > doesn't know his shit from chocolate mousse when it comes to more important   
   > things like real capitalism.   
   >   
   > Very American indeed.   
      
      
   I'd love to hear your take on the Democrat Biden Crime Family.   
      
   And Democrat Nancy Piglosi's insider trading.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca