Home
>
Political
>
Public Utilities, Monopolies and Problematic Structures

Public Utilities, Monopolies and Problematic Structures

Public utilities and a problematic issue on the allowance of profits. We all know that if you are only allowed to make 15 percent profit as in the case of Utilities Companies then why not spend more money so you can make 15 percent go up. For instance if you make $100 which are only allowed to keep 15, that you make two hundred dollars, then you get to keep 30. A utility is a quasi government agency in that it has no competition; it is regulated by government. It is a forced monopoly, so monopolies are fine as long as the government says so, yet very inefficient and to that end when you take an inefficient business model whether it is steel or energy and throw it into a deregulated ring where strong survive, you learn real quick just how inefficient and out of shape it is. Companies, which become or are labeled monopolies by government, yet got there through fierce competition are much different than companies, which are monopolies which were in fact created by the government.

Microsoft through consumer voting by their dollars, became best of the breed and the ultimate in efficiency. Customers perceived their products and services superior. Microsoft coupled this with brilliant strategic planning and that does it. They owned the market because we voted for them, then all of a sudden it was then illegal. If you look at any government agency you will see that each year they spend more money right up into the maximum of their budget. If they spend a little more than their budget, then next year they can have a little more money. This is the exact opposite of General Electric, GM, 3M, IBM or even Mars M and M's which live or die on their abilities. General Electric each year tries to bring down cost. Governments on the other hand try to spend more money every year trying to get bigger. Government's number one job is to protect her people, but it appears governments number one job over the last century is to get bigger with more bureaucracy. If you have a utility company that operates that way, then there is significant waste, yet it is encouraged by government, because it is modeled after a government agency, a system without competition; a flawed system.

Any business, which goes from a monopolistic-quasi-government-style to a free enterprise operating company overnight, is sure to wreak havoc. Both for its customer-citizen base and the company-agency itself as we saw as the CA energy giant went into BK. What is interesting is that we now look back in hindsight and say, "well maybe deregulation is not good for utilities?" That is nuts, of course it is good.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs

affordable house cleaning Park Ridge ..

In The News:

Holiday shopping scams surge as fake refund emails target distracted consumers during Black Friday and holiday seasons, costing Americans billions annually.

The AI-powered IRMO M1 exoskeleton features four modes, including turbo, eco, training and rest for hiking, running, cycling and sports with eight-hour battery life.

OpenAI announced upgrades for its ChatGPT Images platform on Tuesday, saying the program can now make more precise edits and produce images more quickly.

Chrome for Android now turns web articles into AI-powered podcast conversations. Get hands-free browsing with Google Gemini's natural audio summaries.

LastPass faces $1.6 million fine from U.K. regulators after 2022 data breach exposed 1.6 million users. Password manager failed proper security controls.

Petco disclosed a data breach exposing customer Social Security numbers, financial account details, and driver's license information due to a software error.

Baseball teams can now analyze complete swing mechanics in normal training environments using Theia's markerless AI system that processes standard high-speed footage.

Smart home hacking fears overblown? Expert reveals real cybersecurity risks and simple protection tips to keep your connected devices safe from hackers.

MIT develops needle-free glucose monitor using light technology. Revolutionary device could replace painful finger pricks for diabetes management.

The ClickFix campaign disguises malware as legitimate Windows updates, using steganography to hide shellcode in PNG files and bypass security detection systems.

Researchers from Osaka Metropolitan University designed a 21-foot dome that combines aquaculture and hydroponics to create a self-sustaining urban food system.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

ChatGPT data breach exposes personal info of users through partner Mixpanel. OpenAI confirms names, emails compromised in security incident.

Android rolls out Emergency Live Video for 911 calls, letting dispatchers see real-time scenes during emergencies. Great for holiday travel safety.

Malicious Chrome and Edge extensions collected browsing history, keystrokes and personal data from millions of users before Google and Microsoft removed them.

Google's new Call Reason feature lets Android users mark calls as urgent before dialing, displaying an urgent label to recipients using Phone by Google app.

Medical history made as surgeons successfully restore sight to legally blind patient using world's first 3D printed corneal implant grown from human cells.

Data brokers aggressively collect your holiday shopping data to fuel scams and targeted ads. Learn how to delete your digital profile before 2025 starts.

Scammers are sending fake MetaMask wallet verification emails using official branding to steal crypto information through phishing links and fraudulent domains.

Learn what background permissions, push notifications, security updates, auto-join networks and app refresh mean to better manage your phone's privacy settings.

Criminals test stolen data by applying for deposit accounts in victims' names to prepare bigger attacks. Learn why banks won't share fraud details.

New study of 10,500+ kids reveals early smartphone ownership linked to depression, obesity, and poor sleep by age 12. Earlier phones mean higher risks.

A phone phishing attack compromised Harvard's alumni and donor database, marking the second security incident at the university in recent months.

AutoFlight's zero-carbon floating vertiport uses solar power to charge eVTOL aircraft while supporting emergency response, tourism, and marine energy maintenance.

A new phone return scam targets recent buyers with fake carrier calls. Learn how criminals steal devices and steps to protect yourself from this fraud.

Public Utilities, Monopolies and Problematic Structures

Political