Drudge Retort: The Other Side of the News
Friday, January 17, 2020

Federal officials say Pacific Gas and Electric Co. owes the government nearly $4 billion, and if they can't get the payment request resolved as part of the utility's bankruptcy case, they may later have to ask wildfire victims for a portion of the money instead.

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Someone needs to be kicked repeatedly in the ---------.

#1 | Posted by contrecoup at 2020-01-17 05:43 PM | Reply

PG&E executives are laughing all the way to the bank.

#2 | Posted by Nixon at 2020-01-17 06:03 PM | Reply | Funny: 1

If this is how FEMA shakes limbs for low hanging fruit I'd say they'll choke on ash first.

#3 | Posted by LesWit at 2020-01-17 06:15 PM | Reply

PG&E definitely has some responsibility, and I think its BS that they can just declare bankruptcy and the execs really aren't affected in any meaningful way. But, people who live in fire prone areas should assume the risk and be held accountable as well.

#4 | Posted by horstngraben at 2020-01-17 06:49 PM | Reply | Newsworthy 1

"Federal officials say Pacific Gas and Electric Co. owes the government nearly $4 billion"

Think how many rakes that would buy!
There would never be another fire.
#MAGA

#5 | Posted by snoofy at 2020-01-17 06:51 PM | Reply

Think how many rakes that would buy!

Only slightly more useful than paper towels I suppose.

#6 | Posted by horstngraben at 2020-01-17 06:57 PM | Reply | Funny: 1

"But, people who live in fire prone, hurricane prone, earthquake prone, tornado prone, locusts, etc. areas should assume the risk and be held accountable as well."

Taxpayers fund FEMA to help Americans during and after disasters, we can afford to fund it like we always have before. This is just another attempt by a Trump appointee to screw over average Americans who they pretend to love but really despise.

#7 | Posted by danni at 2020-01-17 07:08 PM | Reply | Newsworthy 1

Couple more tax cuts for the rich, coupled with an increase in military spending should help.

#8 | Posted by ClownShack at 2020-01-17 07:26 PM | Reply | Newsworthy 1

#7 |

This is the kind of irresponsible attitude we get from people who claim global warming is an "existential threat" but won't do a thing to prepare for it, like eliminating incentives for people to live in risk-prone areas.

Taxpayers shouldn't subsidize people who build and rebuild in risky areas. We should be doing the opposite: imposing taxes on these areas to discourage them from living there.

#9 | Posted by nullifidian at 2020-01-17 07:27 PM | Reply | Funny: 1

I think its BS that they can just declare bankruptcy and the execs really aren't affected in any meaningful way.

Yea. But if you declare bankruptcy you're still stuck with your student loans. Regardless of the circumstances.

Hell. If you die. Your loan payments get transferred to your next of kin

But as a CEO. You can declare bankruptcy and walk away with millions.

#10 | Posted by ClownShack at 2020-01-17 07:28 PM | Reply | Newsworthy 1

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I suspect this fustercluck is trump's fanboys making America great.

He knows the price of everything,
And the value of nothing.

#11 | Posted by contrecoup at 2020-01-17 07:33 PM | Reply | Newsworthy 1

Taxpayers shouldn't subsidize people who build and rebuild in risky areas.

Should taxpayers be expected to fund oil wars in the Middle East? How about paying incentives for Foxconn to move to Wisconsin? Or Amazon to move to New York? Should our tax dollars be given to corporations as subsidies? Or to Israel to supplement their socialist healthcare and education?

One thing is for sure. Our taxes shouldn't be going to Americans who need it. Not at all. That's welfare. They should have kept their legs closed and their yards raked. Also. They chose poor careers. Screw them all.

#12 | Posted by ClownShack at 2020-01-17 07:37 PM | Reply | Newsworthy 1

"I think its BS that they can just declare bankruptcy and the execs really aren't affected in any meaningful way."

Not BS:
Incorporation.
It's the reason Capitalism works.
By design, incorporation limits a person's responsibility for their actions.
It's not a bug, it's a feature.

(They and their toadies of Capitalism will also tell you they're meaningfully affected, but that's beside the point.)

#13 | Posted by snoofy at 2020-01-17 08:11 PM | Reply

This is the kind of irresponsible attitude we get from people who claim global warming is an "existential threat" but won't do a thing to prepare for it, like eliminating incentives for people to live in risk-prone areas.

Taxpayers shouldn't subsidize people who build and rebuild in risky areas. We should be doing the opposite: imposing taxes on these areas to discourage them from living there.

#9 | Posted by nullifidian

I hope you keep this in mind the next time a hurricane comes ashore in Texas or Florida. Or the when tornadoes tear across Oklahoma and Kansas. Or the Mississippi overflows its levees in Louisiana and Arkansas.

OCU

#14 | Posted by OCUser at 2020-01-17 08:36 PM | Reply | Newsworthy 1

"I hope you keep this in mind the next time a hurricane comes ashore in Texas or Florida. Or the when tornadoes tear across Oklahoma and Kansas. Or the Mississippi overflows its levees in Louisiana and Arkansas."

Keep in mind that all the states you mentioned are gooper states.

California is not. It's full of homosexuals, tree huggers, gun grabbers, latinos, people who refuse to rake the forests, and assorted undesirables.

They vote democrat.

They will get no free stuff.

#15 | Posted by contrecoup at 2020-01-17 09:42 PM | Reply

"people who refuse to rake the forests"

Hollywood did produce Moonraker though, which was about as good an idea.

#16 | Posted by snoofy at 2020-01-17 09:44 PM | Reply

Hollywood did produce Moonraker though, which was about as good an idea.

#16 | Posted by snoofy at 2020-01-17 09:44 PM | Reply

LIAR Pinewood studios and eon productions of England made Moonraker- the worst Bond movie ever!

#17 | Posted by Scotty at 2020-01-18 02:47 AM | Reply

Think how many rakes that would buy!

Only slightly more useful than paper towels I suppose.

#6 | POSTED BY HORSTNGRABEN

But way more useful than our moronic Presnit.

#18 | Posted by donnerboy at 2020-01-18 01:33 PM | Reply

PG & E was sued for not maintaining their power lines which led to the fires that destroyed several towns. They lost in court and then even after a sweet deal to pay hardly anywhere near what they were sued for declared bankruptcy. They also gave the governor Gavin Newsome $700,000 to go easy on them...which he did. The money they saved from not clearing their lines in dry forest or burying them underground areas was paid out to shareholders. Now, TRump threatens the people of these towns like Paradise, California which was mainly a retirement community, with the bill? You cannot make up this kind of corporate graft up unless you work in one of these GOP think tanks tasked with screwing over the common man/woman and squeezing every last ounce of money or blood from them. Time for the guillotines folks.

#19 | Posted by tknees at 2020-01-18 03:46 PM | Reply

You cannot make up this kind of corporate graft up unless you work in one of these GOP think tanks tasked with screwing over the common man/woman and squeezing every last ounce of money or blood from them.

You just claimed Newsome was bought off, by no stretch of the imagination, California is a Democrat run state.

But some how this crony capitalism is the GOP's fault?

The idea should be breaking up PG&E into regional units. This would help Nulli's idea that certain regions should be paying more for electricity and gas.

I hope you keep this in mind the next time a hurricane comes ashore in Texas or Florida. Or the when tornadoes tear across Oklahoma and Kansas. Or the Mississippi overflows its levees in Louisiana and Arkansas.

I realize you might not live in these areas. Florida requires property insurance policies to include coverage for damage caused by wind during a storm that the National Hurricane Center declares to be a hurricane. In Louisiana if you take out a loan in a high risk area you need flood insurance.

In CA, we have supplemental earthquake, and fire insurance.

If you aren't willing to protect your investments and property with hedging, why do you want me to bear your risk?

Regarding the issue, if FEMA is taxpayer funded, why are we asking for money from PGE? Did we ask for money from Shell Oil? I know there were matching fund,s but I can't seem to find a link that Shell reimbursed FEMA.

#20 | Posted by AndreaMackris at 2020-01-18 04:24 PM | Reply

PG&E definitely has some responsibility, and I think its BS that they can just declare bankruptcy and the execs really aren't affected in any meaningful way. But, people who live in fire prone areas should assume the risk and be held accountable as well.

#4 | Posted by horstngraben at 2020-01-17 06:49 PM

Risk can be presented in the cost of insurance for flood- and fire-prone areas. Building and rebuilding on hurricane beaches and riverside flood planes can be discouraged. If Americans can get government flood insurance at less than market, people will continue to build and rebuild with stupid choices.

#21 | Posted by john47 at 2020-01-19 09:01 AM | Reply

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