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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.
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.
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.