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Posted
13 hours ago, tx 3 putt said:

Yea Right GIF
 

 

Funny how the GOP will not call for their own regulators to be investigated. Or it will be an internal investigation only that will still point the fingers outward.

And they definitely won't discuss the impact of deregulation has had on the electricity delivery system. After all, is there any chance that private industry does a poor job with capital improvements when the govt stops oversight of their monopoly?

Posted
1 hour ago, Nice Guy Eddie said:

Funny how the GOP will not call for their own regulators to be investigated. Or it will be an internal investigation only that will still point the fingers outward.

And they definitely won't discuss the impact of deregulation has had on the electricity delivery system. After all, is there any chance that private industry does a poor job with capital improvements when the govt stops oversight of their monopoly?

The problem here isn't deregulation.  This is entirely a failure by Centerpoint, which is a transmission-and-delivery utility.

Electric generators are deregulated, as are retail utilities.  But the issue here isn't with the electric generators.  Unlike during the 2021 winter storm, there's plenty of electricity being generated.  And the problem isn't with the retailers--all they do is read your meter and bill you anyway.

The problem this go-around is entirely with Centerpoint.  And TDUs like Centerpoint are still regulated.  They still operate under a certificate of convenience and necessity, which delineates a territory in which they have a monopoly.  The PUC has to approve Centerpoint's rates; Centerpoint can't get a rate increase without getting the approval of the PUC.

Of course, that approval is typically forthcoming because . . . well, you know--this is Texas.  Regulators aren't really there to regulate industry so much as facilitate the regulated industry's fleecing of the citizenry.

So yeah--this isn't about deregulation.  This is about the failure of Greg Abbott's appointed regulators.

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Posted
1 minute ago, tx 3 putt said:

When has Abbott and Patrick ever taken responsibility for anything ?

when have they showed leadership ? 

Taking responsibility isn't something chickenshits do. 

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Posted (edited)
On 7/10/2024 at 10:23 AM, closetohumping said:

Two people come for every one that leaves 

they’re not sending their best. They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are not conservative christians

Edited by Pescado_Rojo
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Posted
1 hour ago, tx 3 putt said:

 

My guess is that Patrick will not take any more questions on this as he screwed up. At best, he will state that Biden screwed up and is confused, and he (Patrick) is getting to the bottom of it. Which means he won't talk about it again.

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Posted
6 minutes ago, kevwun said:

Nobody will give a shit about this in 2 weeks.

Except the people who  still don’t have power.

2 hours ago, tx 3 putt said:

What does the county judge have to do with centerpoint  ?

I love the aggy flag sitting there behind him. 

Posted
2 hours ago, tx 3 putt said:

Remember all this in 2026 ….

What does the county judge have to do with centerpoint  ?

Well you see she’s a Latina woman so it’s obviously her fault. 

11 minutes ago, kevwun said:

Nobody will give a shit about this in 2 weeks.

Just in time for CenterPoint’s next fuck up. 

Posted
2 hours ago, tx 3 putt said:

When has Abbott and Patrick ever taken responsibility for anything ?

when have they showed leadership ? 

Why would they take responsibility when their constituents don’t care and keep electing them? 
 

The problem with America is Americans 

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Posted
1 hour ago, kevwun said:

And nobody will care about that one after 2 weeks.  The power grid in this state ain't getting fixed.

Who cares about the grid? We got DEI issues in Texas.

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Posted
200.gif
 
 
I'm sure the findings will end up right next to the findings of that select committee Abbott formed to find out why Texas teachers were leaving the profession. images (2).jpg
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Posted
On 7/11/2024 at 12:15 PM, tx 3 putt said:

Remember all this in 2026 ….

What does the county judge have to do with centerpoint  ?

you missed the media packet:

 

 

Posted
you missed the media packet:
 
 

There are people who think Centerpoint has failed. They are dead-wrong.
Centerpoint made billions in profit, and performed exactly as contemplated and designed by the “regulatory” scheme put in place by the GQP leaders who have run this state without opposition for over 30 fucking years.
Centerpoint didn’t fail. Centerpoint succeeded in every metric that matters. It WILDLY SUCCEEDED.
What happened in the Houston area is the system WORKING EXACTLY AS DESIGNED AND INTENDED. And 99% of the people complaining about this outcome will continue to reward and vote for more of the same. Metaphorically, complaining about being ass-raped as they simultaneously present their spread ass cheeks and beg “fuck me here more, and harder.”
Same as we did regarding the 2021 grid failure. Texas isn’t becoming a failed shithole because of immigrants, or “wokeness,” or DEI. It’s becoming a failed shithole because that’s exactly what a governing philosophy of “profits for our donors are the only thing that matters, actual benefit and functionality for the public is just a cost that should be eliminated” produces. Duh. It’s a straight fucking line.
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Posted
1 hour ago, Evil Bill Obrien said:

Guess it makes sense why he stayed about as far away on the planet as one could from the storm hitting his state knocking down trees, worried one might finish the job…
 

he could've provided the tl;dr version: "The day I became a piece of shit."

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Posted
4 minutes ago, Longhorn_Fan68 said:

he could've provided the tl;dr version: "The day I became a piece of shit."

To be fair he was probably a piece of shit before that day, that just gave him a chance to cash in on a lawsuit and then later prevent others from doing the same…

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Posted
 
fucking lies, the said the same shit after the hard freeze 

Yep….HAHAHHAHAHAHAHAHAHA! Accountability…from Republican leadership.

HAHAHAHAHHAHAHAHAHHAHA! Fucking RICH!
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Posted
2 minutes ago, Brisketexan said:


Yep….HAHAHHAHAHAHAHAHAHA! Accountability…from Republican leadership.

HAHAHAHAHHAHAHAHAHHAHA! Fucking RICH!


centerpoint ceo will be replaced and I’ll go out on a very short limb here that he has a hell of a golden parachute 

Posted
55 minutes ago, tx 3 putt said:

 

fucking lies, the said the same shit after the hard freeze 

$50 and my vote of your choosing says he'll be giving out Centerpoint C-level blowjobs by this time tomorrow.  

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Posted
1 hour ago, tx 3 putt said:


centerpoint ceo will be replaced and I’ll go out on a very short limb here that he has a hell of a golden parachute 

Bingo.  That's the most "consequence" you'll ever see: replace generic Republican knob-gobbler exec A with Republican knob-gobbler exec B.  

Chances of any material changes in policy, institutional behavior, and the like?  Below zero%.  Like, negative eleventy billion%.  The exact same enterprise, doing the exact same things, making the exact same profits (correction....even LARGER profits, because they'll be approved for a rate hike to make up for all of the "storm-caused lost revenue and excess costs") and the exact same donations to state Republican leaders, is what you are going to see a year from now.  It won't even break stride.

And again, the voters of Texas will overwhelmingly tell those same state leaders "GREAT JOB!  KEEP DELIVERING MORE OF THE SAME, RIGHT UP OUR ASSES WITH NO LUBE!"

Posted
4 minutes ago, Brisketexan said:

Bingo.  That's the most "consequence" you'll ever see: replace generic Republican knob-gobbler exec A with Republican knob-gobbler exec B.  

Chances of any material changes in policy, institutional behavior, and the like?  Below zero%.  Like, negative eleventy billion%.  The exact same enterprise, doing the exact same things, making the exact same profits (correction....even LARGER profits, because they'll be approved for a rate hike to make up for all of the "storm-caused lost revenue and excess costs") and the exact same donations to state Republican leaders, is what you are going to see a year from now.  It won't even break stride.

And again, the voters of Texas will overwhelmingly tell those same state leaders "GREAT JOB!  KEEP DELIVERING MORE OF THE SAME, RIGHT UP OUR ASSES WITH NO LUBE!"


 

he’ll get appointed to am or ut board of regents is my 2nd guess 

Posted
6 minutes ago, tx 3 putt said:


 

he’ll get appointed to am or ut board of regents is my 2nd guess 

He’ll run for SBOE, nobody has done more to protect SE Texans from viewing online porn.

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Posted
18 minutes ago, PenelopeWitherspoon said:

They abandoned Houston because Houston votes Dem. It's fucking easy.


enough voters in Houston to sway every state election, just have to show up to the polls

 

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Posted
6 hours ago, closetohumping said:

Can we still make fun of the California rolling blackouts?

Of course we can. Rolling blackouts are for pussies. We do it bigger and better in Texas. 

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Posted
7 hours ago, Captainant said:

KHOU put out some good reporting on this actually 

https://www.khou.com/article/news/investigations/centerpoint-bill-hurricane-beryl/285-9ae6118f-51f6-40b4-bd75-a9d8894cff11

"If I spend $1 on prevention, tree maintenance, cutting the trees down, I make two or three cents," Hirs said. "But if I spent $100 on disaster recovery, I'm going to make a significantly much greater profit. Therefore, we (utilities) kind of wait for disaster to strike."

Turns out where they make pennies on the dollar for investing in prevention, they can make fat multiples in profit by jacking up rates after a storm to """pay for repairs""". They've been compounding rate increases since 2021 now

How is this not criminal? (Looks at thread title). Oh. 

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Posted
7 hours ago, Captainant said:

KHOU put out some good reporting on this actually 

https://www.khou.com/article/news/investigations/centerpoint-bill-hurricane-beryl/285-9ae6118f-51f6-40b4-bd75-a9d8894cff11

"If I spend $1 on prevention, tree maintenance, cutting the trees down, I make two or three cents," Hirs said. "But if I spent $100 on disaster recovery, I'm going to make a significantly much greater profit. Therefore, we (utilities) kind of wait for disaster to strike."

Turns out where they make pennies on the dollar for investing in prevention, they can make fat multiples in profit by jacking up rates after a storm to """pay for repairs""". They've been compounding rate increases since 2021 now


this is what one party rule gets you 

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