Pacific Gas and Electric

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ochotona
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Pacific Gas and Electric

Post by ochotona » Sun Jan 13, 2019 6:37 pm

PG&E Corp. may notify employees Monday 1-14-2019 of possible bankruptcy.

Hope you don't invest in them..
boglerdude
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Re: Pacific Gas and Electric

Post by boglerdude » Mon Jan 14, 2019 2:32 am

Should anything be government run? vs gov subsidized/outsourced
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pugchief
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Re: Pacific Gas and Electric

Post by pugchief » Mon Jan 14, 2019 7:15 am

boglerdude wrote:
Mon Jan 14, 2019 2:32 am
vs gov subsidized/outsourced
No.
boglerdude wrote:
Mon Jan 14, 2019 2:32 am
Should anything be government run?
Hell no.

Not sure what this has to do with PG&E though. Could you clarify? The state of CA is not taking over the company AFAIK.
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Re: Pacific Gas and Electric

Post by boglerdude » Mon Jan 14, 2019 10:16 pm

PG&E went bankrupt but what does that mean, the lights cant be shut off. And they get gov money to help the poor. Is that better than it being fully owned by the gov like most utilities

And should everything be that way, eg private DMV offices. NASA appears to have been outsourced to Musk
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ochotona
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Re: Pacific Gas and Electric

Post by ochotona » Tue Jan 15, 2019 5:30 am

boglerdude wrote:
Mon Jan 14, 2019 10:16 pm
PG&E went bankrupt but what does that mean, the lights cant be shut off. And they get gov money to help the poor. Is that better than it being fully owned by the gov like most utilities

And should everything be that way, eg private DMV offices. NASA appears to have been outsourced to Musk
The healthcare "system" is private, and what fun to be navigate the trolls that control every bridge and road, that form into gangs, errr, networks, that fight with each other about how much you owe them.
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pugchief
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Re: Pacific Gas and Electric

Post by pugchief » Tue Jan 15, 2019 7:17 am

boglerdude wrote:
Mon Jan 14, 2019 10:16 pm
PG&E went bankrupt but what does that mean, the lights cant be shut off. And they get gov money to help the poor. Is that better than it being fully owned by the gov like most utilities

And should everything be that way, eg private DMV offices. NASA appears to have been outsourced to Musk
Yes. The government has a very difficult time doing anything in an efficient and cost effective manner, and under-performance is tolerated at both the employee and company levels, unlike in the private sector.
ochotona wrote:
Tue Jan 15, 2019 5:30 am
The healthcare "system" is private, and what fun to be navigate the trolls that control every bridge and road, that form into gangs, errr, networks, that fight with each other about how much you owe them.
The healthcare system is not really private due to the insane amount of government regulation and interference. Actually, if you go back to the 60s, before the government got involved, things were simple, transparent and reasonably priced.
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l82start
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Re: Pacific Gas and Electric

Post by l82start » Tue Jan 15, 2019 7:30 am

A group of California lawmakers took a trip to Hawaii with utility companies last year as wildfires wreaked havoc in their state.

During the junket, representatives from utility companies discussed with lawmakers just how much responsibility they should bear for wildfires – even as Pacific Gas & Electric Co. (PG&E) could be on the hook for several billions of dollars in damages for fires it caused over the past few years.
"The future ain't what it used to be."

Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
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moda0306
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Re: Pacific Gas and Electric

Post by moda0306 » Tue Jan 15, 2019 2:36 pm

l82start wrote:
Tue Jan 15, 2019 7:30 am
A group of California lawmakers took a trip to Hawaii with utility companies last year as wildfires wreaked havoc in their state.

During the junket, representatives from utility companies discussed with lawmakers just how much responsibility they should bear for wildfires – even as Pacific Gas & Electric Co. (PG&E) could be on the hook for several billions of dollars in damages for fires it caused over the past few years.
Pierce the corporate veil! Go after the illegitimate accumulated profits built on pollution and monopoly (aka, theft) that the capital class have appropriated from the public.

>:D
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