XPost: alt.fan.rush-limbaugh, alt.atheism, alt.home.repair   
   XPost: talk.politics.misc   
   From: gmercer@mercer.com   
      
    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.   
      
   Deregulation has worked so well in Texas, during one massive emergency   
   Mexico had to rescue them.   
      
   Regulation must be why the US health care system is the most expensive per   
   capita while the U.S. healthcare system ranks last among ten high-income   
   countries in critical areas such as access, quality, and health outcomes.   
      
   Even with all that money spent, the US Healthcare system only ranks seventh   
   overall in a separate index that evaluates healthcare innovation and   
   quality.   
      
   American's life spans are 4 years shorter than in neighbouring Canada, who   
   is with the EU, Australia and the UK in average longivity.   They're   
   literally dancing on our graves.   
      
   The answer is to clearly keep deregulating and expanding for-profit   
   healthcare.   
      
      
   Aside from that, the highly regulated power market in Canada is dancing   
   circles around the clumsy, inefficient and outdated for profit private   
   power systems in the USA by being cheaper, greener and more robust.   
      
   Do it the American way and fail.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)