First-among-equals John Hinderaker of Power Line writes about proposals made by California’s major utility companies to tie electricity bills to household income. Shifting from charging customers exclusively for current used to charging them a service fee based on income plus a reduced fee per kilowatt hour. The companies did this in response to the state’s demand that costs for electricity be made more ‘equitable.’
This is less “socialism” than it is “national socialism,” which history shows carried out national policies through its sway over privately held major companies like Krupp. It is government redistributionism done at one remove, making it appear the companies are responsible for what in fact the government demands.
Hinderaker’s reaction is to the point. He writes:
Which will continue California on its path to oblivion. If I owned a house in California, I would sell it.
COTTonLINE responds: Been there, done that … nearly three years ago, after 40+ years as a CA homeowner. Like others in similar circumstances, I regret the necessity, not the outcome.
Hinderaker should consider taking his own advice. Doing so, he would leave bright blue Minnesota which is on a similar glide path to oblivion.