Oh yes, the gov does that very well.

But businesses are supposed to show a profit...the objective of running the mob is non-monetary.

hmmm. no power to run the gates!

If you hate capitalism [without which freedom and personal wealth for middle class people cannot exist], you may think big-brother communism or socialism with their controls and heavy taxation and the destruction of private ownership would be ideal -- until you might have some wealth to protect at which point you might advocate capitalism....California's Democrat Big Brother government has done everything it can to destroy capitalism. No management of the forests to clear undergrowth. Stealing the water rights from property owners. Plans to tax everyone for drinking water. Plans to take over the private enterprise of PG&E for government to control and profit from selling power and water as does the socialist City of Santa Cruz, CA. People who lost homes blame PG&E because PG&E has money (less in bankruptcy) but those in government care less about any middle class homeowner's losses. The end-game government wants is control and money for government worker's salaries and pensions. Those on top want the power. If the middle class ever wakes up, California may one day return to freedom for the middle class. You think?

Warren dodged the question if she wanted socialism?

So did Hussein when he ran.

They won't name it but do everything to sneak it in. Once it is securely in place, they'll come out and name it.

Everything has a surcharge in CA.

Gas prices are $2+ in the country on average but they are $4 in CA, due to all kinds of taxes.

Vendors charge you about 10% for goods purchased (state tax)

It is as close to a VAT as possible.

No wonder communist wonder Pelosi is pushing for a VAT tax nationwide.

Isn’t Cronyism grand!

The creep of socialism in America.

This time...Just one more time...unrelenting faith that their marxist utopia It’s just another final purge away.

One wonders what the "bottom line" price for a cup of coffee in SF is. Interesting to compare it to the same in NYC.

This is from today's WSJ:

"Democrats in California are lambasting PG&E for putting profits over safety, but its failures owe in large part to a misallocation of capital directed by politicians. PG&E exemplifies what is becoming the liberal market paradigm: Government determines the prices that businesses can charge and the return investors can receive, which depend on their fulfilling political objectives.

Recall the Obama Administration’s rescinded “net neutrality” regulations that deemed broadband providers to be public utilities with the goal of imposing more political control over the Internet. ObamaCare limited health insurer profits, though premiums have continued to climb. Liberals are calling for price controls on drugs and want to use the Community Reinvestment Act to direct bank capital.
Senator Warren wants to go even further and establish a federal corporate charter that would require companies to answer to “stakeholders,” not shareholders. She means politicians and progressive interest groups."

California lawmakers last year enacted legislation to allow PG&E to socialize some costs of wildfire damage, so customers will have to pay many times over for its failures. The corporate utility future will be expensive. "

Maybe not, but makes excellent Kalifornia sense....especially to a politician...

So, they could just raise the prices, but the sheeple in SF seem to have no idea the outrageous artifical prices they pay for stuff is because of the skimming going on by all players, and every level of government is in on it. Beating the cow for milk, as they say....the cow WILL die...

Well done. I find that I am so risk averse when it comes to these sorts of transactions that I remain on the outside. But as you indicated, this was essentially the 'applied mathematics' from Atlas Shrugged in terms of A is A ... it simply had to be. Perhaps you could share other advice on stock directions 24-72 hours prior to the event ... and that give us the opportunity to kick around our own research, check our gut, then take calculated risk given a positively calculated expectation function. Again -- well done, as this further illustrates the predictability of the future in light of what has already transpired in context of the ruling order.

Of course.

Did you know that when you go to a bakery or coffee shop in SF to get your morning coffee and maybe some baked goods, you will see a surcharge that pays for the employees' medical insurance?

Kalifornia has been so committed to stealing money via environmental BS, it's about time the dog bites the hand, then rips it off. Bet they bail them out, or nationalize them by making them a state owned utility.....then bill all the ratepayers, and add a "homosexual endowment" tax, an "undocumented alien housing" tax, and a "transportation improvement" tax to boot....

Classic Kalifornia response, modeled by every liberal state run by demoncrats "Not our fault, there ought to be a law"....

They will just take over the company with a state agency, bury the margin line and claim success.

If I worked as a higher-up for PG&E, I would quit quietly and move out of the USA

All I can think of is the passage in AS about the coal fired train going through the tunnel. California is coming apart at the seams, with years of socialism finally starting to take its toll in big ways

If you want to consider the mob a business...

That will never happen.

In case of "pulling the plug" the elite left will not suffer any inconvenience.

They live in gated houses with security and every convenience. They know how to survive.

The people will not know.

Yeah.

To destroy it completely so nothing will work.

What business the gov is able to run successfully?

I think the murder charges are for the explosion in San Bruno several years ago that killed 8 people.

Good question, who goes to prison.

Obviously nobody. PG&E has been blasted or the screen even before the fires. immortalized in the film "Erin Brockovich" for poisoning drinking water in Southern California and causing cancer for many people who drank it.

Nobody went to prison then, either.

The CEO Geisha Williams disappeared as the company filed for bankruptcy.

They will just have to pass laws forbidding PG&E going bankrupt. Easy peasy.

Well, maybe it's time to just pull the plug and let Kalifornia go dark so the lefties can experience their wishes and dreams up close and personal.