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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow about this- any institution or organization that doesn't wish to be regulated by the federal gov
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miss combs 🗽♏️👊🏼💎🚀
@OfficialMsCombs
How about this- any institution or organization that doesnt wish to be regulated by the federal government exempts itself from federal bailout money.
Tunes would change real quick.
Greg Palast
@Greg_Palast
Until 1992, the US had just about the lowest electricity prices in the world and the most reliable system. Power companies were limited by law to recovering their provable costs plus a reasonable" profit. But then George HW Bush deregulated the industry. https://gregpalast.com/texas-gets-layd-how-the-bush-family-turned-off-the-lights/
5:04 PM · Feb 24, 2021
sop
(10,165 posts)wnylib
(21,433 posts)of one of them in those days. It was GTE's directory publishing company. I was just 22 when I started and they explained to me how the company's budget was regulated as a public utility.
Back then, GTE and Bell were the major phone companies and they shared lines across the country in order to function as national providers across state lines and across each other's territories.
Grins
(7,217 posts)And then we deregulated.
And let the industry inspect itself.
And the cutting of corners began!!!!
Bernardo de La Paz
(48,999 posts)Accident statistics seem to be very low, even compared to the extremely low levels of air accidents in the past.
Air travel is extremely safe now and has been for decades.
The Jungle 1
(4,552 posts)Things like aircraft maintenance being out sourced off shore to China and El Salvador. This includes engine maintenance.
No I do not have evidence just legitimate concerns.
Wonder where that 777 engine was rebuilt?
Klaralven
(7,510 posts)In the early 1970s, Sen. Kennedy held extensive hearings as chairman of the Subcommittee on Administrative Practice and Procedure, pushing deregulation as a way to increase competition and bring affordable air travel to millions of Americans. At the time, the Civil Aeronautics Board, a government agency, set airline fares and routes, limiting competition and guaranteeing airlines' profits. The hearings drew media attention and raised the profile of what had been a largely academic issue to major pro-consumer status.
Two aides, Phil Bakes and Stephen Breyer--who later became a Supreme Court justice-- convinced Sen. Kennedy to lead the deregulation charge, even over objections from the labor unions that supported the Massachusetts senator. Deregulation appealed to conservatives who hated government intervention in business and to consumer groups who thought air travel should be more affordable. But the issue wasnt a natural one for Sen. Kennedy. Yet he saw it, in part, as a broad issue that could give him more clout for presidential runs in 1976 and 1980, according to Thomas Petzinger Jr.s definitive account of that era in aviation, "Hard Landing.
Sen. Howard Cannon of Nevada, the chairman of the Senate aviation subcommittee, supported the CAB and airline industry against deregulation, but was eventually persuaded to switch views in large measure by Sen. Kennedy. The Kennedy-Cannon airline deregulation bill was signed by President Carter in 1978.
"I dont think airline deregulation had any chance around that period unless he took leadership as he did," said Mr. Bakes in an interview today. "He took a lot of flack and was way out in front of it."
https://www.wsj.com/articles/BL-MSB-4933
https://en.wikipedia.org/wiki/Airline_deregulation#:~:text=Airline%20deregulation%20is%20the%20process,Airline%20Deregulation%20Act%20of%201978.
lonely bird
(1,685 posts)by M & A as well as poorer customer service. In combination with the pandemic smaller airports are getting clobbered as well.
usaf-vet
(6,181 posts)In the 1960s, Eastern Airlines used to fly up and down the east coast. I was born in New England and enlisted from there. I was subsequently station in the South. About 1800 miles away. When opportunities for long weekend passes came up, I would try and get home for a short visit.
It was common knowledge then that if you showed up at an Eastern Airlines counter in uniform preferably ["Class A"] and asked for a seat on the plane for a long weekend, and they would almost without fail they would find or "make" you a seat.
In the four years that I would travel up and down the coast. I would sit where ever they could make room. Several times I sat in the jump seat that the flight attendants sat in. On more than one occasion, an airline employee (pilot) deadheading home gave up their seat and moved to the cockpit jump seat. On one occasion, a passenger gave me their seat and took a later flight. And although I never manage to get a first-class seat. I did have a businessman buy me a roundtrip ticket while saying thank you for serving.
Of course, those were Vietnam war years, and the country knew from the nightly news.
I don't know what happened to Eastern Airlines, but they sure did their part to care for men and women in uniform.
Thank goodness I don't have to fly much because the few time I've had to fly were not good experiences.
Klaralven
(7,510 posts)They were relatively large, highly dependable, had piles of coal stored on site so they wouldn't run out, and could be throttled up and down as demand changed.
Most of the rest was either nuclear or hydro. Both are also dependable, controllable, and don't depend on fuel deliveries.
UpInArms
(51,282 posts)Any personal stimulus funds that will be used to pay those exorbitant utility bills?
MASW
(22 posts)A week or so before the storm, Texas Repubs were talking up secession. I'm so sick of these jerks whose entire ideology is hating the federal government...until they need money.
dalton99a
(81,455 posts)OldBaldy1701E
(5,126 posts)The state and county should make them exempt as well. Why should I pay for the multiple fires that will happen in an unregulated plant when those resources need to be aimed at those who have regulated and paid proper taxes for those services? No more bailouts, no more connecting to services that are regulated (as the county and state should also make it clear that they will not risk their constituents money on dangerous locations), and make it clear to everyone that any non profit or anything of the kind would be risking their status if they partner with a non-regulated company. (I don't care if they just make paperweights, if you connect with an 'exempt' company, you endanger your status). No Tax breaks. No nothing. If you don't want to allow health, safety, labor and environmental regulations then you are on your own. If you don't want to allow regulations, then you don't get a license to operate. I am tired of all the babble about consequences that end up having no teeth. It is time to bare a few in response to the unbridled capitalism that is poisoning our lives and trying to destroy our world in the name of unbridled profit. Or, get ready to use respirators and body protection suits on your way to your 4 day shift. Your call...