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Yes, public goods should not be run by private interests. They are a service and a cost, both get cut by private interests trying to make a buck and shirking th
by downrightmike 3y ago
Yes, public goods should not be run by private interests. They are a service and a cost, both get cut by private interests trying to make a buck and shirking their responsibility. Power is no different than roads, almost all are public goods and supported like that. If you want your own road, you can.
Shit like Enron and PG&E fires shouldn't have been possible, but private interests buy off governments.
- landemva 3y agoGovernment owned roads are not necessary. I live in a town with roads that appear typical yet each property lot line meets, so the 'roads' are reciprocal easements to all other property owners. The town maintains the 'roads' so they look consistent, but the people have control and ownership. It's great, and there are zero parking issues on the 'roads' - just call towing company because it's private property. > shouldn't have been possible And Silicon Valley Bank shouldn't have been allowed to chase yield by going into long term Treasury debt creating a redemption glitch. But the regulator Federal Reserve allowed it and allowed mark-to-maturity accounting. Many industry regulators are captured by the industry.
- Obscurity4340 3y agoHow does that work in terms of DWI laws usually applying to public roads rather than private?