Search Results for: FERC

Public/Private Partnership carried to its logical conclusion

Hershblogger3 Comments

Anyone with the least ethical sensitivity would steer well clear of the nearly invisible line between “public/private partnership” and “corporatist whoredom.” That line proved too faint for Barack Obama and Jeffrey Immelt. Immelt will continue to serve as CEO of General Electric while simultaneously shaping the competitive environment for his competitors the nation. The President’s… Continue reading Public/Private Partnership carried to its logical conclusion

Taxation in spite of representation

Hershblogger4 Comments

FERC YOU!From the Wall Street Journal (requires registration):The Midwest Wind Surtax You’d think poor Michigan has enough economic troubles without the Federal Energy Regulatory Commission placing a $300 million to $500 million annual surtax on the state’s electric utility bills. But on December 16 FERC Chairman Jon Wellinghoff announced new rules that would essentially socialize… Continue reading Taxation in spite of representation