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Putting Profits Before People
- Updated: March 18, 2023
The American People Are Victims of Collusion Between Corporations and State and Federal Governments
One of a advantages of apropos an aged fart is training lessons from a extensive past. There is no improved teacher, and no some-more significant information than what indeed happened over decades in one’s lifetime
Life Remains a Greatest Teacher
If we review my rants frequently, we are wakeful that 76 years of life in America is given we no longer trust anyone in power. we have also schooled that in America distinction is some-more critical than people. Federal, state governments, and corporate America are in collusion to safeguard that a vast boost of a nation’s largest companies are protected. Meanwhile, a peculiarity of life for all 333 million Americans declines any day.
In my state of Nevada, a singular application association reserve healthy gas and electrical energy to scarcely any home in a whole state. Only homes with solar energy shun a corner that is NV Energy.
You Pay for a Bloated Profits of Corporations
But first, concede me to tell we a story. This happened when we was in my comparison year of high propagandize in 1963. we was in my “Economics” class. We were training about corporations, and how some of a largest and many essential grew in distance and given their boost increasing any year. If a company’s sum income increasing by 30 percent a year, it was deliberate really successful. Today’s giants make 200, 300, 400, and even 500 percent distinction any year.
These companies grew in distance given they reinvested their profits. They built additional factories and updated their equipment. As they continued to grow, a salary of their employees were raised. The success of companies was directly associated to a efforts and abilities of those who constructed whatever they had to sell.
Today’s America is no longer a vital production nation. Most of a good-paying jobs are now achieved in unfamiliar lands where a workers accept a most smaller commission of salary than American workers formerly earned.
Other changes resulted in some-more distinction for corporate America and a normal American profitable for a success of those corporations.
No Pride in “Made in America” in a 21st Century
No longer do companies share their boost with their employees. This is a reason for a boost in income inequality. Corporations no longer reinvest in their possess companies. This is where NV Energy comes into a story.
The Nevada Public Utilities Commission recently certified NV Energy to lift their rates to consumers, for a second time given a commencement of a pandemic. NV Energy is formulation to build a new energy hire in Southern Nevada as a “backup” should there be a energy failure. They guess a cost to be $340 million. We, a adults of Nevada will compensate aloft gas and electric bills, while investors and house of directors keep their profits. No longer do they reinvest their profits, they place them in offshore banks or buy another 40 million dollar home on a French Riviera.
Thanks to a Corrupt Government, We Are Servants to a Very Rich
If we live in America in a 21st century, we live in a republic designed to offer a super-rich and a powerful. You compensate for their lush lifestyle while we onslaught to survive. They weren’t confident with a comment of income they had. So, as a pestilence was commencement to subside, they combined “greedflation.”
All companies share one fact, they wish some-more money. Thanks to a supervision of a state of Nevada, NV Energy will have some-more of a income to waste.
Written by James Turnage
Find my 9 novels on Amazon’s Kindle
Sources:
Energy and Policy Institute: While NV Energy decries rooftop solar “cost shift”, it is over-profiting from the business by tens of millions
Smart Energy Decisions: Switch goes after Nevada regulators, NV Energy for $30M, accede to exit service
Top and featured picture pleasantness of Oren Elbaz‘s Unsplash page – Creative Commons License