'Murica! (141 Viewers)
- Thread starter Fake Melo
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- Tags afl_italia's cousins forza trump smocking gun
Didn’t darling Ted bash the Austin mayor for going to Mexico during Covid, last year or something like that? Lol
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https://www.pix11.com/news/national-news/ocasio-cortez-raises-1-million-for-texas-relief-in-4-hours
@ALC
Conservative asses gonna be burning when they see this. Ted Cruz flying to Cancun to holiday while AOC owning the fools.
- - - Updated - - -
https://www.pix11.com/news/national-news/ocasio-cortez-raises-1-million-for-texas-relief-in-4-hours
@ALC
Conservative asses gonna be burning when they see this. Ted Cruz flying to Cancun to holiday while AOC owning the fools.
Didn’t darling Ted bash the Austin mayor for going to Mexico during Covid, last year or something like that? Lol
- - - Updated - - -
https://www.pix11.com/news/national-news/ocasio-cortez-raises-1-million-for-texas-relief-in-4-hours
@ALC
Conservative asses gonna be burning when they see this. Ted Cruz flying to Cancun to holiday while AOC owning the fools.
- - - Updated - - -
https://www.pix11.com/news/national-news/ocasio-cortez-raises-1-million-for-texas-relief-in-4-hours
@ALC
Conservative asses gonna be burning when they see this. Ted Cruz flying to Cancun to holiday while AOC owning the fools.
Didn’t darling Ted bash the Austin mayor for going to Mexico during Covid, last year or something like that? Lol
- - - Updated - - -
https://www.pix11.com/news/national-news/ocasio-cortez-raises-1-million-for-texas-relief-in-4-hours
@ALC
Conservative asses gonna be burning when they see this. Ted Cruz flying to Cancun to holiday while AOC owning the fools.
- - - Updated - - -
https://www.pix11.com/news/national-news/ocasio-cortez-raises-1-million-for-texas-relief-in-4-hours
@ALC
Conservative asses gonna be burning when they see this. Ted Cruz flying to Cancun to holiday while AOC owning the fools.
A good breakdown on what happened to Texas grid last week. Under the current market structure ERCOT has no authority to tell generators to winterize, and generators make more money if energy becomes scarce. The blame lies mostly not on ERCOT but on state legislation and governor.
A reminder that Texas state legislator meets once every 2 years for 140 days, with the stipend of $600 a month plus $150 a day for when the lawmakers are in Austin.
https://www.texasmonthly.com/news/el-paso-electric-winter-storm-2021/
A reminder that Texas state legislator meets once every 2 years for 140 days, with the stipend of $600 a month plus $150 a day for when the lawmakers are in Austin.
https://www.texasmonthly.com/news/el-paso-electric-winter-storm-2021/
Short answer: Because Texas birthed Enron to the world from its vajayjay.
(Not THAT Enron. The original Enron.)
Long answer: Because power pricing contracts, not unlike bond rates or flexible mortgage rates, can be priced by the usual long-term or by the vagaries of the daily market fluctuations. Enron capitalized the crap out of this model, making their execs rich at the expense of the little guy by creating energy supply crises across the country and then swooping in with an extortionist's rate hike to secure new power contracts. This is what ultimately got Cali into its last governor recall and made Arnold Schwarzenegger governor. That's how f'ed up this manipulation got.
Then Enron got caught for fraud and the house of cards collapsed.
Similarly, many customers opted the riskier "day rate" of the market. Not expecting the grid to totally f them over. So these consumers do bear some of the blame for their bills, but not all of it.
(Not THAT Enron. The original Enron.)
Long answer: Because power pricing contracts, not unlike bond rates or flexible mortgage rates, can be priced by the usual long-term or by the vagaries of the daily market fluctuations. Enron capitalized the crap out of this model, making their execs rich at the expense of the little guy by creating energy supply crises across the country and then swooping in with an extortionist's rate hike to secure new power contracts. This is what ultimately got Cali into its last governor recall and made Arnold Schwarzenegger governor. That's how f'ed up this manipulation got.
Then Enron got caught for fraud and the house of cards collapsed.
Similarly, many customers opted the riskier "day rate" of the market. Not expecting the grid to totally f them over. So these consumers do bear some of the blame for their bills, but not all of it.
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