I'm shocked to hear that PG&E would actually think to pay dividends to investors
who put their money at risk. The government of CA should put a stop to this
capitalist idea. and turn the management over to the MVD or the bullet train people.
Wes N7WS
On 11/3/2019 12:04 AM, Jim Brown wrote:
On 11/2/2019 7:05 PM, Lynn W. Taylor, WB6UUT wrote:
The power situation (especially in PG&E territory) is a different story, but
one that's manageable.
Really? You do realize that PG&E's distribution system has been badly
neglected for decades, and has long been an accident ready to happen. And most
of it is bare copper, making it more likely to start a fire. All because
management CHOSE not to maintain it, instead paying themselves big salaries
and bonuses, paying dividends to investors, and buying back stock. The result
is that correcting the problem requires a MASSIVE investment and a massive
amount of work that will takes decades to complete, and years to even begin!
As to Elecraft - many of their employees live in areas that WERE affected by
the power shutoffs. Some are my neighbors. Our generators have gotten a lot of
running time in the past week or so.
73, Jim K9YC
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