Can you summarize a 3 minute video for us? How were these two states put on the hook? What do you think about it?
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.
I like a lot of what OP posts, just thought there could have been more commentary on the post besides a vague title.
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.
I found a YouTube link in your post. Here are links to the same video on alternative frontends that protect your privacy:
