Top U.S. utility PG&E says it is preparing bankruptcy filing

Discussion in 'Current Events' started by Mrlucky, Jan 14, 2019.

  1. Mrlucky

    Mrlucky Well-Known Member

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    (Reuters) - PG&E Corp, the biggest U.S. power utility, said on Monday it is preparing to file for Chapter 11 bankruptcy for all of its businesses as it faces potentially crushing liabilities linked to catastrophic wildfires in 2017 and 2018.

    Saw this one coming, it's is going to have an impact. Think CA will jump in and bail them out? Doubt it. Will CA government take over and raise taxes in CA?

    CA government is culpable.

    https://www.reuters.com/article/us-pg-e-us-bankruptcy-idUSKCN1P815B
     
    Last edited: Jan 14, 2019
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  2. TheGreatSatan

    TheGreatSatan Banned

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    The globalists in California have been dying to take pg&e over to regulate power use. Just like they won't build any dams so they can regulate water use. When they run it, it will be way worse and no lawsuits will work when they mess up because they own the courts.

    They crave the power
     
    Last edited: Jan 14, 2019
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  3. Mrlucky

    Mrlucky Well-Known Member

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    Yep, they want to tax water too even though most libs think clean drinking water is a Right and should be free.
     
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  4. TheGreatSatan

    TheGreatSatan Banned

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    At least they broke down and legalize collecting rainwater. The next thing they would try to do is put meters on private Wells.
     
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  5. Hadrian's Hammer

    Hadrian's Hammer Banned

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    It's difficult to have any meaningful discussion viewed from the lens you are wearing or are pushing. America is a free society and is not divided by left/right, globalist/nationalist or whatever else people use to weaken the threats a free society poses to kleptocratic governments. The world & America is a safer place when America leads for democracy.
     
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  6. icehole3

    icehole3 Well-Known Member

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  7. TheGreatSatan

    TheGreatSatan Banned

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    The goal for water use is to force people from 85 gallons a day to 50. Ofcourse the rich/elite will be immune while the people decide weather to bathe or do laundry. The control is what matters to the party in charge of California.
     
  8. TheGreatSatan

    TheGreatSatan Banned

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    Last edited: Jan 14, 2019
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  9. Hadrian's Hammer

    Hadrian's Hammer Banned

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    Yet, you do not actually address my post, why is dividing America so important?
     
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  10. drluggit

    drluggit Well-Known Member

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    So, what's the case here.... ooopsies... we burned down half the state... we can't be liable though cause that'd put of out of business... Right, because being in business is what caused the whole burning down half the state thing... In any event, the loss of the power grid to CA shouldn't be that big on an issue, you know now that moonbeam required everyone to install solar....
     
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  11. TheGreatSatan

    TheGreatSatan Banned

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    America is divided between people who want America to remain a nation and people who want to fundamentally transform America and to something completely different.

    Globalist vs nationalist

     
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  12. Mrlucky

    Mrlucky Well-Known Member

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    Same reason some freshman in congress don't get recognized in their first term?
     
  13. Hadrian's Hammer

    Hadrian's Hammer Banned

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    Nonsense, that's the divisive frame that Russian propaganda want Americans to believe, it's simple nonsense.
     
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  14. TheGreatSatan

    TheGreatSatan Banned

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    The fact that you do not understand there are people in America who hate America and want to fundamentally transform it and they control a major political party Is what the Russians want you to believe.

    Russia would love to see America tear down their borders and be flooded with everyone and anyone from anywhere. They would love to see America bankrupted by offering all those people health care and welfare while the American people who they hate suffer.
     
  15. Hadrian's Hammer

    Hadrian's Hammer Banned

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    Americans don't hate America or other Americans, that what Russians want some Americans to believe so they can weaken the country by division. Don't get played unless you are a player with a vested interest.
     
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  16. TheGreatSatan

    TheGreatSatan Banned

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    I don't know what world you live in but it's not America if you believe that. Trying to trick Americans into a false sense of security while half of the country is trying to tear the country down and fundamentally transform it, is what Russia wants. Russians love the idea of America being a welfare state for the world and that's why they have a business of bringing over pregnant women and having anchor babies. Every nation is trying to get a piece and we have a political party who is more than willing to give them one Before the whole thing collapses.
     
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  17. Mrlucky

    Mrlucky Well-Known Member

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    Actually Russia is probably much less of a threat to the US than most of the ME, especially Iran....with China on our watchlist as well.
     
    Last edited: Jan 14, 2019
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  18. TheGreatSatan

    TheGreatSatan Banned

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    I think a lot of the people who play the Russia Russia Russia card are either useful you knows or work for Russia themselves
     
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  19. Hadrian's Hammer

    Hadrian's Hammer Banned

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    You made my point!
     
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  20. Hadrian's Hammer

    Hadrian's Hammer Banned

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    Russia influences Iran and the ME now more than ever before, Trump just multiplied this increased Russian influence. Sorry, you are not thinking critically.
     
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  21. icehole3

    icehole3 Well-Known Member

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    Those dang humans just get in the way don't they.
     
  22. icehole3

    icehole3 Well-Known Member

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    Or we have a political party who is more than willing to give so they can get paid.
     
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  23. icehole3

    icehole3 Well-Known Member

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    They play the Russia Russia Russia card so that no one can see the China China China card.
     
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  24. Mrlucky

    Mrlucky Well-Known Member

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    Fact, Russia can't be trusted. Dems have used fear of Russia for the past few years as cover but hasn't worked as expected.
     
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  25. Mrlucky

    Mrlucky Well-Known Member

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    Russia would like to dominate in the ME. It won't happen if we don't leave. We still have influence and troops in the region.
     

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