Wednesday, January 29, 2020

Fires Progressives are neo Marxists and as such favor state owned everything. Newsome last week made a statement favoring California directly selling a prescription drug.

Bankers,
investment company executives,
insurance company executives,
drug company executives,
utility company executives,
California politicians and bureaucrats,
faceless bureaucrats,
are all authorized co-conspirators,
and may even sit on the same boards,
and be the same people.
The "in crowd"

You cannot find out who they are or what they are doing.
There is little to no accounting,
especially if they are international, globalists, incorporated in panama or other countries.
Sheeple do not demand accounting.

Sheeple may riot if things get too bad,
but usually just sit and take it, preoccupied with fake Grammys, fake news, ball games, TV idiot box.

Sheeple occasionally will vote,
but usually for establishment politicians who do nothing,
paid by conspirators to do nothing.

Nothing will change.
Why the poor 99% are called sheeple.
1% are shepherds, gods, kings, czars, emperors,...
History may not repeat exactly but it does rhyme.

China virus a fake to allow Emperor to clamp down on dissent?
put all sheeple on house arrest?

From: Ron

Gregory,

Sounds like PG and E management knows their monopoly is coming to an end and management is milking the corporate assets.

Gov. Newsome has also made statements favoring a direct state takeover of utilities like the municipally owned utilities in L.A.

Progressives are neo Marxists and as such favor state owned everything.

Newsome last week made a statement favoring California directly selling a prescription drug.

The stated reason for a state takeover of utilities would be to provide residents of California with reliable low cost electricity
blather,
blather..ad nauseum.

The true reason is to substitute the Administration for PG and E officials now enjoying a windfall of millions.

I see Newsome yesterday made a statement he intended to divert new gas taxes into other projects.

Like the eleven year HSR failure all projects are simply embezzlement vehicles.

Trump will become presented as the scapegoat.

But for Trump everything would have been a success....

Ron

On Tue, Jan 28, 2020, 9:13 PM Gregory

PG&E: Monopoly Power and Disasters by the Rich 1%

January 21, 2020, Project Censored

https://www.projectcensored.org/pge-monopoly-power-and-disasters-by-the-rich-1/

The Pacific Gas and Electric Company (PG&E) has diverted over $100 million from safety and maintenance programs
to executive compensation
at the same time it has caused an average of more than one fire a day for the past six years
killing over 100 people.

PG&E is the largest privately held public utility in the United States.

A new research report shows that 91% of PG&E stocks are held by huge international investment management firms,
including BlackRock and Vanguard Group.

PG&E is an ideal investment for global capital management firms with monopoly control over five million households paying $16 billion for gas and electric in California.

Between 2006 and the end of 2017,
PG&E made $13.5 billion in net profits.

Over those years, they paid nearly $10 billion in dividends to shareholders, but found little money to maintain safety on their electricity lines.

A 2013 Liberty Consulting report showed that 60% of PG&E's power lines were at risk of failure due to obsolete equipment and 75% of the lines lacked in-line grounding.

Between 2008 and 2015, the CPUC found PG&E late on thousands of repair violations.

A 2012 report further revealed that PG&E illegally diverted $100 million from safety
to executive compensation and bonuses over a 15-year period.

In November, 2018, the PG&E caused Camp fire burned 153,336 acres,
killing 86 people,
and destroying 18,804 homes, business, and structures.

PG&E has caused some $50 billion in damages from massive fires started by their failed power lines.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

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