So, let me get this straight. PG&E asked the California Public Utilities Commission for the right to increase their rates to their consumers in 2007 to the tune of $5 million dollars in order to repair faulty pipelines such as the one that blew in San Bruno, and asked for the same amount in 2009, but they did not repair the pipelines, instead, giving the money it received from the rate increases as bonuses and other such extravagant things to the corporate bosses and CEO's. PG&E, after extracting $10 million from its users to repair pipelines, never repaired them??????!!!
And, they used that same money (and more, to the tune of $50 million dollars) from the consumers and the two tax hikes to SUPPORT Proposition 16.
Let's not forget the foolishness of (1) not repairing the pipelines despite two requests for rate hikes to do just that, (2) giving $50 million dollars to a campaign in California to basically give PG&E a monopoly over utility rights and (3) causing the death of at least four people and the destruction of over 40 homes. All this so that some fatcats at PG&E can screw regular people who fucking need their utilities (this is not part of an option in life, it's mandatory that you have light, heat, air, electricity, etc. in your HOME, damn it) in order to MAKE MONEY OFF OF THEM.
This is the theme over, and over, and over, and over, and over again with big business. Lies, lies, lies. Give me the money, I'll give you less services, and you all just shut the fuck up because we have the government in our pockets.
I sure hope those San Bruno victims sue the shit out of PG&E. (Call me, we do fire cases at our firm tee hee hee).
Yeah, we don't need no stinking regulations! (adjusting mi sombrero).