ok I watched it. Vertical video of boomer in car. He details how energy utilities in the two states named have taken a loan of unprecedented size from the federal energy department, which will be paid for by a rate hike that will kick in after 2028.

[–] BGDelirium@hexbear.net 4 points 1 month ago (1 children)

Just watched it too.

I like a lot of what OP posts, just thought there could have been more commentary on the post besides a vague title.

Sucks for Alabamans and Georgians to be on the hook for those loans for the next 3 decades.

Reminds me of the massive stadium bonds and loans that keep having cities foot the bill instead of the billionaire sports team owners.

[–] Ildsaye@hexbear.net 2 points 1 month ago

I like a lot of what OP posts, just thought there could have been more commentary on the post besides a vague title.

Ditto. I don't get the impression OP reads the comments. I've given that feedback more than once.

[–] Tabitha@hexbear.net 1 points 1 month ago (1 children)

but y

[–] Ildsaye@hexbear.net 2 points 1 month ago

Apparently the Trump admin wants to take credit for keeping energy affordable and then have the rate hike kick in after the next presidential election (Georgia is a swing state). Meanwhile the loan will extract a lot of interest from consumers in those states and pipe it to the energy dept. Seems in line with the general policy of bankrupting the masses by a thousand cuts.