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California Public Utilities Commission fired director who exposed missing $200M

propublica.org

71–80 of 275 posts

Re: California Public Utilities Commission fired director who exposed missing $200M

#71
post #27

Earlier quoted context omitted.

> you know for sure payment is coming soon and there-in lies the catch - you cannot know for sure something that hasn't happened yet. There can not be accounting practises that count money that has yet to be received on hand.

Yes, there is a thing that almost guarantees things in the future will materialize, it’s called a contract. People and businesses have been dealing in futures for centuries. For instance, Italian banks have special vaults for Parmigiano Reggiano taken as collateral. If some of their customers didn’t have access to these tools they probably would’ve gone out of business long ago, and we’d all have lost access to great…

But. You have to keep track of your futures. If there's no track of it you can't say it's there.

Re: California Public Utilities Commission fired director who exposed missing $200M

#72

Earlier quoted context omitted.

In use exclamation marks in professional communication every day. It's not unusual at all.

In particular: thanks!

That's about the only use case of exclamation mark I have in professional, corporate communications. Unless we take "professional" to mean "stuff people do to make money" - at which point, well, let's say that the stuff I read when working at small companies was often below what I'd consider baseline in a civilized society. And the spelling! One of the nicer things about working for bigger companies is that people feel they need to put some minimum effort into communicating, and don't just dump their stream of thoughts as fast as they can type.

Re: California Public Utilities Commission fired director who exposed missing $200M

#73
post #62

Earlier quoted context omitted.

Yes, and my guess is that there is more money to be made off of deregulation than on regulation. Thus, more corruption related to the party that wants to deregulate.

Why are you sure of it? Regulation often gives more backroom deal type of corruption and monopolies, deregulation on the other hand can give more anarchy. I don't think simple view of having one, regulation or deregulation, and itsa good thing is very intelligent thought.

In the states that I have lived, the voter information pamphlet lists who supports and opposes every initiative. Every time that a new regulation on the ballot would benefit the public at the expense of business, it’s always the same: on one side are Republicans and some multi-national corporations, the other side are Democrats and public-interest groups (environmentalists, etc).

I don’t think that public-interest groups have as much money for backroom deals as multi-national corporations. So that’s why I’m pretty sure of it.

Re: California Public Utilities Commission fired director who exposed missing $200M

#74

Earlier quoted context omitted.

In use exclamation marks in professional communication every day. It's not unusual at all.

In particular: thanks!

I use ! a lot when asking someone to do something for me: Good Morning! or Let me know if you have any questions!

Re: California Public Utilities Commission fired director who exposed missing $200M

#75
post #56

Earlier quoted context omitted.

I agree that more money probably means more backroom deals. This seems simple to me: One party wants to regulate, the other de-regulate. Which of those platforms attracts the most money?

Deregulate the environment and you will be drinking polluted water, and breathing polluted air. Your food will be likely exposed to pollution too. Deregulate labor and you'll have exploited workers working 100 hours per week, being constantly harassed by their employers, people being discriminated at the workplace, as well as people exposed to poor safety conditions where they can get injured or killed. Deregulate co…

You’re only looking at one side. Regulations can also encourage corruption - if I can’t even open my doors unless I get a permit, well, that’s plenty of incentive for whoever control that permit to ask for something to “sweeten the pie”.

Re: California Public Utilities Commission fired director who exposed missing $200M

#76
post #62

Earlier quoted context omitted.

Deregulate the environment and you will be drinking polluted water, and breathing polluted air. Your food will be likely exposed to pollution too. Deregulate labor and you'll have exploited workers working 100 hours per week, being constantly harassed by their employers, people being discriminated at the workplace, as well as people exposed to poor safety conditions where they can get injured or killed. Deregulate co…

Yes, and my guess is that there is more money to be made off of deregulation than on regulation. Thus, more corruption related to the party that wants to deregulate.

Really? Look at Tammany Hall in NYC and Chicago. And the planning commission in SF. All massive Bureaucracies where nothing could be done unless money greased the wheels.

Re: California Public Utilities Commission fired director who exposed missing $200M

#77
post #73

Earlier quoted context omitted.

Why are you sure of it? Regulation often gives more backroom deal type of corruption and monopolies, deregulation on the other hand can give more anarchy. I don't think simple view of having one, regulation or deregulation, and itsa good thing is very intelligent thought.

In the states that I have lived, the voter information pamphlet lists who supports and opposes every initiative. Every time that a new regulation on the ballot would benefit the public at the expense of business, it’s always the same: on one side are Republicans and some multi-national corporations, the other side are Democrats and public-interest groups (environmentalists, etc). I don’t think that public-interest gr…

Yet democrats are taking back room bribes to approve new construction. Huh!

The regulation enables the corruption.

https://www.nbcbayarea.com/news/local/san-francisco/sf-publi...

Re: California Public Utilities Commission fired director who exposed missing $200M

#78
post #11

Nice to see the US slowly learn to grift on a whole new scale. [1] Even AOC (who ironically also pushes for ton s of these grifting opportunities via her party). > This is why Congress needs time to actually read this package before voting on it. > Members of Congress have not read this bill. It’s over 5000 pages, arrived at 2pm today, and we are told to expect a vote on it in 2 hours. > This isn’t governance. It’s h…

Yet AOC voted yay for that bill. She is as corrupt as everyone else who voted for it, obviously without reading it.

Re: California Public Utilities Commission fired director who exposed missing $200M

#79
post #77
post #73

Earlier quoted context omitted.

In the states that I have lived, the voter information pamphlet lists who supports and opposes every initiative. Every time that a new regulation on the ballot would benefit the public at the expense of business, it’s always the same: on one side are Republicans and some multi-national corporations, the other side are Democrats and public-interest groups (environmentalists, etc). I don’t think that public-interest gr…

Yet democrats are taking back room bribes to approve new construction. Huh! The regulation enables the corruption. https://www.nbcbayarea.com/news/local/san-francisco/sf-publi...

[deleted]

Re: California Public Utilities Commission fired director who exposed missing $200M

#80

The sad part is that CA remains a one party state and this will just get swept under the rug. The power is too unchecked.

CA will remain a one-party state as long as the Republican party continues to push absolutely insane policies and candidates.

Which will keep happening, because the sane ones get primaried out.

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