Let’s face it, this 30% accurate blogger is a bit more accurate than the corporate media wants you to believe.
The decision is in, and SURPRISE the Public Utilities Commission of Nevada, in what I believe to be a violation of NRS 730 has granted NV Energy yet another rate increase.
While inaccurate bloggers such as myself splash Nevada State Law across our front pages in response to this rate increase which will effect everyone in Nevada, I pulled up the homepage of our esteemed “legitimate” media outlet this morning and found …
Two menacing-looking black guys.
Pay no attention the white guys in suits in public office who are robbing you blind … look … Negros!!! Don’t they look scary? You could be next!
Everybody in Summerlin has already forgotten about the NV Energy rate increase. They are all on the phone to the HOA asking for the gate code to be changed lest the darkies have designs on little Britney and Kaitlyn next.
Well played, R-J. Well played.
Last week, the Review-Journal’s editor, Thomas Mitchell said “Free speech should be practiced only by those who are ready to deal with the consequences, which just might include a knock on the door by a friendly federal investigator wanting to know if you posted an anonymous comment on a Web site. Were you advocating violence or confessing to breaking the federal tax laws?”
I confess to advocating that the R-J is run by a large amount of imbeciles with their head lodged firmly in their ass, but I could really do without the “friendly federal investigator” that the R-J editor feels should be used to keep unpopular speech in check.
I don’t just criticize, though. I’m here to help. In that spirit, I have taken it upon myself to correct the homepage of the Review-Journal. Completely free of charge. What can I say? I’m a philanthropist.
There. That’s better. These are the folks you should fear.
NV Energy rates were raised by “only” 7%, but before the ink even dried on this increase, I already received another bill insert stating that the energy company has asked for yet another rate increase. I am not kidding.
That’s right folks. The 18% increase is being approved … only in steps in order adhere to the Frog in the Boiling Pot philosophy which has worked flawlessly in this nation for the last 100 years.
It also appears that the majority of the PUC considerations involved NV Energy shareholder return, and little to no advocacy was done on the part of the Nevada public.
“Commissioner Thompson recommended a return on equity of 10.4 percent in that order. But Commissioner Rebecca Wagner argued for a little more of a return.”
Well, thank you Ms. Wagner. That was mighty Caucasian of you (unlike those menacing Negros on the RJ homepage).
It’s comforting to hear that you are arguing for higher shareholder profits on the back of the Nevada ratepayer. Did Ms. Wagner also argue for “a little less of a salary” for the multi-millionaires running NV Energy?
Did Ms. Wagner opine that NV Energy could make a higher return on investment if they stopped advertising?
Nope.
Ms. Wagner just wants you to pay … and shut your peasant mouth. After all, what are you going to do about it?
But we can’t just blame Wagner.
“Thompson agreed, and the commission’s final order included Wagner’s 10.5 percent return on equity.”
Gee, Thompson, way to stand your ground. We now know who wears the pants in that relationship. Does she make you call her “mommy” while she’s spanking your bare ass too?
In drafting the NV Energy decision, Commissioner Sam Thompson said he aimed for a “just and reasonable” solution that balanced the interests of ratepayers and shareholders.
Again, the shareholders already have advocates — the executives and lawyers for NV Energy. We do not. The PUC is not in the business of asserting the interests of shareholders. Once again, this is the legal mandate of the Nevada Public Utilities Commission:
NRS 703.151 Duties of Commission in adopting regulations relating to provision of electric service. In adopting regulations pursuant to this title relating to the provision of electric service, the Commission shall ensure that the regulations:
- Protect, further and serve the public interest;
- Provide effective protection for customers who depend upon electric service;
- Provide for stability in rates and for the availability and reliability of electric service;
- Encourage the development and use of renewable energy resources; and
- Require providers of electric service to engage in prudent business management, effective long-term planning, responsible decision making, sound fiscal strategies and efficient operations.
There is still nothing in there about “balancing interests of shareholders”. This is a task that the PUC has given themselves. The only considerations that the PUC can legally make, is decisions that directly benefit the public.
In my opinion, publicly-paid officials abandoning their legal duties in favor of compensation for non-public entities is corruption, collusion, racketeering, and a breach of the public trust.
Last but not least, the PUC emphatically stated that the increase was absolutely necessary.
Of course, were the increase “absolutely necessary”, Nevada would currently have no power. The fact that we do have power is prima-facie evidence that power can be delivered at the current rates just fine.
I asked both NV Energy and the PUC myself: “What happens if the increase is not approved?”
Neither one of them had an answer. Well, they had an answer, but they did not want the truth to come out of their own mouth.
The answer is … nothing. Absolutely nothing would happen were this rate increase not approved. Everything would be the same as it is today. You would continue paying what you are now to a state-run monopoly, the executives of NV Energy would continue receiving multi-million dollar salaries, the PUC would continue taking public money to advocate for shareholders of a private company, and the status-quo would continue.
Not only is this rate increase not necessary, but the PUC could lower rates by 20% tomorrow, and you still would not notice a difference at your three-pronged wall outlet.
To make a long story short, The Public Utilities Commission lied. Just flat-out lied. There is no more pleasant way to say it.
As much as the local media likes to say that they fully vet the information they print and broadcast, the fact is that they do not.
Had a corn-rowed black guy fed our local media an obvious lie, you can bet your sweet ass that they would have triple-checked the facts and gleefully extolled any discrepancies on the front page.
Alas, these tasks are still left to inaccurate bloggers. As the mainstream continues to hemorrhage cash and wonder where it all went wrong, they may be able to trace the shift in tide to the end of this decade. They have completely abandoned their tasks as public watchdogs. Nobody trusts the corporate media anymore, and for good reason. Whether it is the editor of a newspaper vocally coming out against the First Amendment, or playing softball with large businesses in exchange for advertising, the public trust is waning.
Personally, until I become Mayor, I am exploring legal avenues against both NV Energy and the PUBLIC Utilities Commission.
It is my position that they are not only violating Federal Anti-Trust laws, but also that the PUC is abrogating its duties by spending an inordinate amount of time making consideration for shareholder return. NV Energy shareholders are not the constituency of the PUC. The Nevada PUBLIC is. Hell, it’s even in the name of the agency.
However, don’t expect to hear about the suit in your local paper. There are too many prostitutes and colored folks on the loose that they want you to know about.
Don’t despair, though. The mainstream still does serve a purpose.
After all, without the mainstream, who would inform you that there is a 20% chance of rain everyday, and who else can give you the finest geriatric porn on all of the Internet?
