The Pacific Gas And Electric Bankruptcy Spells Doom For The Green Energy Sector

CALIFORNIA, UNABLE TO MANAGE IT'S FOREST DUE TO PRESSURE FROM THE ENVIRONMENTALIST LOBBIES HAS TOTALLY DESTROYED IT'S ENERGY SECTOR TOO. ALL NEW RESIDENTIAL CONSTRUCTION NOW REQUIRES SOLAR ENERGY PANELS WHICH INFLATES THE COST OF NEW CONSTRUCTION BY A MINIMUM OF $25,000, EVEN FOR THE MOST MODEST OF BUNGALOWS. THE STATE HAS REGULATED THEIR CITIZENS INTO OBLIVION AND HAS LITERALLY TAXED THEM INTO BANKRUPTCY. CALIFORNIA HAS THE HIGHEST INCOME TAXES IN AMERICA. FOR WHAT? SO THEY CAN PROVIDE FRE MEDICAL CARE, HOUSING, EDUCATION AND FOOD AND MONEY FOR ALL OF THE IMMIGRANTS LEGAL AND OTHERWISE THEY WELCOME WITH OPEN ARMS! AS A "SANCTUARY STATE" WITH MANY SANCTUARY CITIES, LAWS HAVE BEEN WRITTEN AND MANY EXECUTIVE EDICTS DRAWN THAT LAW ENFORCEMENT WILL NOT ACT AS INTERMEDIARIES BY TURNING OVER ILLEGAL ALIENS WITH CRIMINAL RECORDS OR ARRESTEES TO CUSTOMS AND BORDER ENFORCEMENT FOR DEPORTATION, THUS KEEPING THE CRIMINAL ALIENS OR "CRIMIGRANTS" AT LIBERTY AMONG THE LAW ABIDING!

SO YOU SEE, BETWEEN THE GREEN ENERGY REQUIREMENTS FOR NEW HOMES, LACK OF THE ABILITY TO PROPERLY MANAGE THEIR FORESTS AND THEIR SOFT ON CRIME APPROACH TO CRIMINAL ILLEGAL ALIENS, CALIFORNIA HAS DEVOLVED INTO A 3RD WORLD SHITHOLE WHERE ESCAPE IS THE ONLY SOLUTION! THE STATE IS SOLIDLY AND TOTALLY CONTROLLED BY THE DEMOCRAT PARTY. IF YOU WANT TO SEE WHAT AMERICA WOULD BE LIKE IF IT WAS TOTALLY IN CONTROL BY THE DEMOCRATS, JUST LOOK AT CALIFORNIA! IT'S A FUCKING MESS, WITH NO POSSIBILITY OF BEING SAVED!

THE UNFUNDED PENSION LIABILITY FOR STATE, COUNTY AND MUNICIPAL EMPLOYEES IN CALIFORNIA CAN NEVER BE SOLVED AS THE PENSION FUNDS ARE TOTALLY INSOLVENT! YOU CAN BET YOUR ASS THAT THOSE RUNNING THE FUNDS ARE RECEIVING HANDSOME BONUSES EVERY YEAR, AS ARE THE BIGSHOT UNION AND LEGISLATIVE LEADERS, BUT DOWN THE ROAD, THEIR WON'T BE MUCH LEFT FOR THE WORKERS. YOU SEE, ANY TIME PUBLIC WORKERS VOTE THEMSELVES A PUBLICLY FUNDED PENSION PLAN INSTEAD OF LET'S SAY A MATCHING 401K PROGRAM THEY ARE LITERALLY LOOTING AND ROBBING THE STATE TREASURY AND ROBBING THE TAXPAYERS! MANY OF THESE WORKERS WITH STATE PENSIONS MAKE MORE AFTER THEY RETIRE THAN THEY EVER DID AT ANY TIME DURING THEIR WORKING CAREER AND ON TOP OF THAT ARE GIVEN FULL 5 STAR HEALTH TOO TO COVER EVERY HEALTH MALADY NO MATTER HOW EXPENSIVE! BOY, AREN'T THEY LUCKY! "HOO, HOO!" SAID THE OWL!

SO YOU BEGIN TO SEE, THAT THIS SOCIALIST UTOPIA, FUNDED BY THE TAXPAYERS OF COURSE IS UNSUSTAINABLE AND DOOMED TO FAIL, BECAUSE THERE COME A POINT WHERE YOU CAN ONLY TAX PEOPLE A CERTAIN AMOUNT BEFORE THE REVOLT AND SAY, "ENOUGH"! AND REVOLT!

PG+E WAS A SOLID $52+ STOCK 6 MONTHS AGO, BUT, NOW THAT THEY HAVE DECLARED BANKRUPTCY SINCE THEY HAVE BEEN IMPLICATED IN THE CAMPFIRE WILDFIRES, THE STOCKPRICE LANGUISHES BELOW $6 AND MAY NEVER RECOVER. THE HIGH POWERED ATTORNEYS AND CLASS ACTION LAW SUITS WILL DRAIN THE COMPANY AND THEIR INSURERS DRY, UNTIL THERE IS NOTHING LEFT TO DRAIN AND THEN THE VULTURES WILL SWOOP DOWN AND PICK AT THE CARCASS. IT'S A LESSON ABOUT HOW BUSINESS WORKS IN CALIFORNIA.THE STATE REGULATES YOU INTO THE GROUND, THEN YOU'RE ON YOUR OWN IF YOU NEED SAVING.

AS FAR AS GREEN ENERGY GOES..., I'D RATHER LIVE NEAR A COALFIELD OR A FOREST AND HAVE A RELIABLE SOURCE OF HEATING FUEL, THAN TO RELY OF SOME WIND OR SOLAR GENERATED ELECTRICITY TO HEAT MY HOME AND THEN FIND OUT THAT THE SOURCE HAS BEEN CUT OFF BY SOME TECHNOLOGICAL ISSUE. GLOBAL WARMING? HELL, THE LAST ICE AGE ENDED ONLY 10,000 YEARS AGO! AND PRIMITIVE HUMANS WERE DRAWING PETROGLYPHS ON SHEER VERTICAL WALLS NEAR THE CASPIAN SEA 14,000 YEARS AGO! I FEEL, SOMEHOW WE'LL SURVIVE.