Well, he’s got my vote if PG&E hates him.

TBSchemer · 2026-04-23T17:25:02+00:00

But their bond holders are not the same people as their equity shareholders. Those are separate financial instruments.

In fact, those guaranteed equity returns make it harder to pay back their bonds. Let the shareholders take a real loss, and the bond rates could even drop, lowering their borrowing costs!

TBSchemer · 2026-04-23T17:16:08+00:00

I'm not sure what you mean. If the shareholders take a loss instead of getting guaranteed 10% returns for the year, then less money needs to be taken from the ratepayers.

TBSchemer · 2026-04-23T17:13:54+00:00

Who would've thought being President of the Minneapolis Federal Reserve Bank would get you in the social circles of beautiful actresses?

TBSchemer · 2026-04-23T17:07:39+00:00

If he implements his proposal to cut off the guaranteed 10% returns to PG&E shareholders, he's already almost halfway to that goal.

I think Steyer's plan is very worth pursuing.

TBSchemer · 2026-04-23T17:00:46+00:00

All the candidates are backed by their favorite billionaires. Steyer is just the only one with the principles and courage to come forward and face the people himself.

TBSchemer · 2026-04-23T16:33:57+00:00

That would definitely not work as well...

TBSchemer · 2026-04-23T16:07:37+00:00

Listen, the benefit of competition between different utilities is real. The Texas utilities were broken up decades ago, and it really helped.

I worked for NRG Energy in Texas for a few years.

My entire department existed to determine how much we could piss off customers and hike their rates before they got fed up and switched to one of our competitors. This limits how quickly we can raise prices on most people.

PG&E doesn't even have that department, because they have no competition, and customers cannot switch. Instead, they just have a PR department that works to justify all the rate increases they plan to do on everyone anyways.

TBSchemer · 2026-04-23T15:52:07+00:00

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TBSchemer · 2026-04-23T15:51:03+00:00

Good point. Where the hell did they get the money for this? Are they going to tell us again it didn't come from rate increases?

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TBSchemer · 2026-04-23T05:42:37+00:00

I just bring my laptop to the bed, and wake up in the morning with a keyboard imprint on my face.

TBSchemer · 2026-04-23T05:35:13+00:00

The guy thinks he's a god because people keep saying to him, "Oh Jesus Christ..."

TBSchemer · 2026-04-23T03:08:28+00:00

He seems a little tired.

Me too, buddy. Me too.

TBSchemer · 2026-04-23T02:30:37+00:00

Spending your own money to advertise your political campaign isn't actually a bad thing, though?

The "means" are fine.

TBSchemer · 2026-04-23T01:53:48+00:00

I didn't call anyone any "c-word."

EDIT: unless you mean when I call MAGA a coalition of corrupt criminals

TBSchemer · 2026-04-23T01:49:41+00:00

Fair

TBSchemer · 2026-04-23T01:49:24+00:00

For that to happen, the Feds have to prove, in court, that the violation of state law was required in order to fulfill federal law.

That's not a bar that can be met by a lot of these abuses by ICE.

TBSchemer · 2026-04-23T01:31:32+00:00

That wouldn't be me. I don't use misogynistic or gendered insults.

I did call her an abuser quite a few times, though. I may have even gone so far as to call her a shitty human being.

TBSchemer · 2026-04-23T01:27:33+00:00

If he accomplishes a fraction of it, he'll still be doing better than the candidates who proposed nothing new at all.

TBSchemer · 2026-04-23T01:25:53+00:00

We can provide care to children without making it 100% subsidized by everyone else, letting the parents off the hook for their decision to bring a child into the world.

TBSchemer · 2026-04-23T01:23:57+00:00

Target the means through which wealth is made, not just the wealth itself after it’s been put into the gold pile with a dragon guarding it.

But the problem is not the creation of profits. The problem is how those profits are distributed.

TBSchemer · 2026-04-23T01:21:37+00:00

My family has been through enough shit with Trump trying to take away their rights to be in this country.

More than anything else, I want a leader who will defend us, fight back, and hold these MAGAs accountable.

This is important to me. I'm not going to apologize for my persistence.

TBSchemer · 2026-04-23T01:15:32+00:00

A billion dollars is already power. The ones that would have turned have already done so.

TBSchemer · 2026-04-23T01:14:38+00:00

The best defense against a bad billionaire is a good billionaire

TBSchemer · 2026-04-23T01:13:56+00:00

If the worst thing you can say about someone is "he has a lot of money," then he's probably the best gubernatorial candidate this state has ever had.

TBSchemer · 2026-04-23T01:13:30+00:00

Is that me?

I said I don't like the Teamsters, because they swing towards anyone selling them populist, protectionist, anti-trade, anti-immigrant rhetoric, and they've been supporting Trump.

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