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

professional maid services Park Ridge ..

In The News:

ShinyHunters claims responsibility for stealing 94GB of Pornhub user data affecting over 200 million records and demands Bitcoin ransom.

ChatGPT 2025 now connects to Apple Music, Canva, Expedia, TripAdvisor and OpenTable through built-in apps that help users create playlists, design graphics and more.

Apple releases emergency patches for two zero-day vulnerabilities actively exploited in attacks. iPhone and iPad users urged to update immediately.

DoorDash launches Zesty, an AI-powered social app that recommends restaurants through conversational search, now testing in San Francisco and New York.

Cybersecurity firm Infoblox reveals that over 90 percent of parked domains now redirect visitors to scams and malware, making simple typos extremely dangerous.

The Fox News AI Newsletter covers the latest artificial intelligence technology advancements, including the challenges and opportunities AI presents now and for the future.

GPT-5.2 is now live for all ChatGPT users with improved coding, writing and image interpretation, with Kurt Knutsson offering his review.

New iPhone replacement scam uses pressure tactics and fake carrier calls to steal devices from buyers. Criminals claim shipping errors and demand urgent returns.

Amazon Ring's new facial recognition feature sparks privacy controversy as Electronic Frontier Foundation critics argue the AI upgrade expands surveillance risks.

New Android banking trojan Sturnus steals credentials, reads encrypted messages and controls devices.

Denmark's 3D-printed student village proves automation builds 36 apartments faster than traditional methods. Skovsporet project shows housing future.

Discover Android's new Sound Notifications feature that alerts you to smoke alarms, doorbells, and baby cries even when wearing headphones.

New SantaStealer malware reportedly threatens holiday shoppers with password theft. This Christmas-themed info-stealer targets browsers and crypto wallets.

The Christmas season brings a surge in Netflix phishing scams targeting shoppers with fake emails. Stacey P received convincing scam but verified account first.

San Francisco Giants invite Jamie Grohsong to throw ceremonial first pitch at Oracle Park after he learned to play baseball with a bionic hand following an injury.

FBI warns cybercriminals are stealing family photos from social media to create fake proof of life images in virtual kidnapping scams targeting victims.

Instagram's new 'Your Algorithm' tool lets you control your Reels feed in real time. The app now gives you power to customize what videos you see.

Major Marquis fintech breach exposes 400,000-plus Americans' data through unpatched SonicWall vulnerability, with Texas hardest hit at 354,000 affected.

Free up iPhone storage fast by clearing large photos and videos from Messages app. Simple steps for iOS users to delete attachments without losing chats.

Scammers are flooding inboxes with fake tracking alerts that mimic real carriers, exploiting the holiday rush to steal logins and personal data.

The Fox News AI Newsletter brings you the latest news on AI technology advancements and the challenges and opportunities AI presents now and for the future.

Texas family reunites with missing 11-year-old cat Grayson after 103 days using Petco Love Lost's AI photo matching technology and community help.

Tired of AI customer service loops? These insider tricks help you escape "frustration AI" and get real human help when you need it most for urgent issues.

Unlock richer audio from your streaming apps with simple tweaks to volume normalization, equalizer settings, and quality preferences for cleaner sound.

Scammers are sending fake Facebook settlement payout emails that mimic legitimate notices from the privacy settlement administrator to deceive users.

Public Utilities, Monopolies and Problematic Structures

Political