ok I watched it. Vertical video of boomer in car. He details how energy utilities in the two states named have taken a loan of unprecedented size from the federal energy department, which will be paid for by a rate hike that will kick in after 2028.
Apparently the Trump admin wants to take credit for keeping energy affordable and then have the rate hike kick in after the next presidential election (Georgia is a swing state). Meanwhile the loan will extract a lot of interest from consumers in those states and pipe it to the energy dept. Seems in line with the general policy of bankrupting the masses by a thousand cuts.
ok I watched it. Vertical video of boomer in car. He details how energy utilities in the two states named have taken a loan of unprecedented size from the federal energy department, which will be paid for by a rate hike that will kick in after 2028.
Just watched it too.
I like a lot of what OP posts, just thought there could have been more commentary on the post besides a vague title.
Sucks for Alabamans and Georgians to be on the hook for those loans for the next 3 decades.
Reminds me of the massive stadium bonds and loans that keep having cities foot the bill instead of the billionaire sports team owners.
Ditto. I don’t get the impression OP reads the comments. I’ve given that feedback more than once.
but y
Apparently the Trump admin wants to take credit for keeping energy affordable and then have the rate hike kick in after the next presidential election (Georgia is a swing state). Meanwhile the loan will extract a lot of interest from consumers in those states and pipe it to the energy dept. Seems in line with the general policy of bankrupting the masses by a thousand cuts.