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View Diary: What's Happenin'? Forward on Climate 2.20.13 (50 comments)

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  •  Not to sound silly (2+ / 0-)
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    Don midwest, enhydra lutris

    but the people in this country have lost total control of their own lives to the needs of the corporations and Wall Street.  I know I keep harping on this topic, but the power and money is all tied up between Washington and powerful corporations like oil and gas companies.  I posted this down thread and I am posting this up here because I somehow wish what the people of this country need and want should just once in awhile be considered over before big corporate deals and bailouts. . . I speak about:

    NiSource Inc. CEO Robert Skaggs Jr. on Tuesday said he believes a bill that would allow utilities to adjust customer charges to pay for new wires and pipelines is "progressing rapidly" in the Indiana House.

    "I do believe there is good support for the legislation and the direction of infrastructure in Indiana," Skaggs told Wall Street analysts on a morning conference call.

    Skaggs was even able to recite almost the exact vote total by which SB 560 passed the Senate, in a sign of just how important the bill is to his multi-state company. It now must win passage in the Indiana House.

    NiSource is the owner of NIPSCO, which serves 457,000 electric and 786,000 natural gas customers in Indiana. NiSource also owns utilities in six other states as well as a gas transmission business serving 16 states.

    So big profits are not reinvested by Nisource, instead, the ratepayers are now cash stations for corporations to use and Washington is giving them this power.  Here in Indiana the people are getting wiped out by not only rate increases, but we also have additional charges tacked on to our bills and taxes.  Do you hear that sucking sound?  It is coming from our pockets and right into the pockets of big oil, healthcare insurance compaines, and Wall Street.  Honestly, how does a simple citizen in this country survive anymore?

    "During times of universal deceit, telling the truth becomes a revolution­ary act. " George Orwell

    by zaka1 on Wed Feb 20, 2013 at 07:29:50 AM PST

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