Heard this today.....

In upstate NY a while back (late 1990's)  there was a Utilities Commission meeting.....and they FORCED some energy buying policy changes on Utility Companies.

Example....Niagra Mohawk (I think they went bankrupt and got sold)...

Anyway.......  they were FORCED into accepting/signing contracts that they KNEW were bad deals for them, but were forced down their throat by the Utility Commission.

Anyway.......these deals helped force them into bankruptcy.  One lady in particular was adamant that they HAD to make these deals or "face the consequences" ....so, they did the deals and paid the price.

In a followup meeting by the Utility Commission........  this same lady said "Well......THEY are the experts.  If they didn't think they should have taken the deal, they should have told us so." 

WHAT???!!!!!  THEY DID!!  And YOU made them do it anyway....

THE STUPIDITY JUST FRIES MY BRAIN!!

Article Quote:  National Grid has been frustrated by lackluster earnings from its U.S. operations, and especially by the Niagara Mohawk business. After the company failed to win a $361 million Upstate electric rate hike this year — receiving $119 million instead — company officials said they were losing money.

“We are fundamentally not recovering our costs with Niagara Mohawk,” Tom King, the president of U.S. operations, said in January.

National Grid acquired Niagara Mohawk for about $3 billion in 2002.

 

And this one........

the US Gvt just "shortened" the application for Obama Care....  the original one was "Mind numbing, and worse than doing your taxes..."    NO SH_T!!! 

Now, the new one is ONLY......    THREE PAGES LONG!! 

Ah, GOVERNMENT......"IF YOU THINK THE PROBLEMS WE CREATE ARE BAD........

JUST WAIT UNTIL YOU SEE OUR SOLUTIONS !!!!!!!!!!!!!!!!!!!!!!!!!"

Can anybody say "OBAMA CARE"?  This is a DISASTER before it even gets fully implemented!! 

We're so screwed!!

TICK TOCK............................IMPLOSION!!!

YFIC,

Randy