Some Texans are facing skyrocketing utility bills after the recent winter storm gripped the region. Stephanie Ruhle joins Morning Joe to discuss why residents are getting such massive bills and what happens next. Aired on 02/22/2021.
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#Texas #WinterStorm #MSNBC
Some Texas Electricity Bills Skyrocket After Winter Storm | Morning Joe | MSNBC
The only way to prepare for civil lawsuits they’re about to face.
@Scurra unfortunately stuff like this is the feature of Republican economics not the bug
Who is suing who? Sounds like people were charged based on agreed terms. How was law broken?
$100 million lawsuit from the family of the little boy who froze to death. Just to start things off.
You can’t sue because you didn’t read the contract.
@cocofluff what do you have to gain? Or is your stance to speak for those who are accountable as long as it doesn’t affect you?
A small, limited government is a weak, ineffective government.
Republicans in Texas quickly move to provide welfare to wealthy power plant owners. Brilliant! They are not saying you gouged people.
small government bought and paid for by big corporations equals gouging by artificial scarcity,
True, you need to have that fine line between a strong government with enough regulation to keep the country stable, but not so overbearing as to create an autocracy or oligarchy. It just seems people in the US have a fear of going to the extremes on either end of the spectrum. So many Americans don’t have the education to understand how to accomplish this.
Gtis that
https://youtu.be/G2TXdqnmGkw
oh yes
Explain california. Oh wait let me guess “their government iS nOt BiG eNoUgH”?
Republicans claim to be the party of the working class. They have a funny way of showing it.
@D D yes, big-oil and gas/ERCOT are Abbot’s biggest donors and responsible but of course the now Republican elected/run PUC doesn’t bat an eye at ERCOT but rather tells them to issue “catastrophic” power bills to customers for their catastrophic failures? I believe in Texas this is called a “Republican-trifecta”?
@D D Is that all Republicans do, deflect and lie? The power companies in Texas are well known as Republican supporters and the Republican PUC set the maximum of $9,000 a megawatt-hour (NOT Democrats)!!! Now why would ANY regulatory agency set the max allowed so high except as some give-away to big business? Now they want the Fed to bail these people out. Heck NO, they placed bets on the cost of power and lost (just like betting on a stock and loosing)! This is all on Republicans and no amount of lies can change that!
@D D Yes . . . Alternative Facts. Whatever you need to tell yourself to protect your psyche and identity. It’s not about parties. It is about the rich and the poor/middle class. It has been that way since the time of kings.
@Bochaba I agree. Put only US citizens first and stop sending aid to other countries. We need to take care of our own. Healthcare, individual rights, nutrition, education, jobs, housing. Which unfortunately falls under the current label Democratic Socialism.
The working class doesn’t have a party
But they voted for that “capitalism” bs.. maybe it will trickle down later? 😅
Relevant Quote from the movie Kingdom of Heaven
TIBERIAS
There will come a day, Reynald of
Chatillon, when you are not
protected by your title.
REYNALD
Oh? When will that be?
(royally amused)
Alert me, Tiberias, when men are
equal, and the Kingdom of Heaven
has arrived.
Green energy working beautifully 👍
You Know where this doesn’t happen? In states where the legislature isn’t owned by big oil companies.
@Richard Head But, why didn’t the legislature stick to fixed rates? Because they are controlled by energy companies.
@Mister Hat, this one is more of political ideology. Misguided thinking that free markets are better at delivering utility services.
@Richard Head I don’t agree. The deregulation was a cash cow for large customers. Who do you think twisted legislator’s arms?
@Robert L. Here in Quebec, we probably have the biggest hydro electrical power capability that you can find. We already supply a few of US states.
@Michel Jean Oui je sais… 😁
Salutations de Montréal.😄
Everything is bigger in Texas, especially the corruption and stupidity
Everything is bigger in Texas, including their failures and now their electric bills.
And so many people have moved to Texas from other states. What does that say about them?
Definitely
Not really corruption, just incompetence. Nobody committed a crime. It’s just a horrible policy.
@Richard Head You don’t think it’s corrupt to over-charge Texans for the fault of stupid republican politicians? I hear some Texans are being charged thousands of dollars on their electric bills…as if the failure to weatherize utility company equipment was their fault
The GOP supporters love their free market only when it delivers cheap services on the back of poorly paid employees or permanent temp workforce but when it bites them back, they want limits put in place.
And now they’re going to expect the federal government to bail out both the power companies AND the ratepayers.
No it’s not a GOP issue imagine this happening in California we would see the same thing. It’s called economics low supply high demand = higher prices. People are focusing on Texas when there are 5 other states experiencing the same thing. The news wants you to think it’s a GOP issue when it is a completely different issue.
@Evan Sargent Wrong: you can leave California out of this. Remember the fires earlier this year? Massive involvement by power companies. Sure, they *tried* to make the ratepayers foot the bill, but the state PUC wouldn’t let them get away with it because they caused the problem.
@Evan Sargent Is that your retort? No other state is or will face this type of issue because no other state is FULLY deregulated. Further, no other state has so much hubris that they exist on their own grid with no access to other grids to share energy. You see, other states know that items like electricity is needed to sustain life and having the “market” control is will result in undue risk taking to maximize the bottom line regardless of the lives it may or will affect. Nice feeble try though.
Griddy. It’s as though they didn’t want to come right out and call themselves Greedy.
Right? Just change a few letters.
They’re not getting rich, it’s the natural gas wholesale suppliers that jacked up rates. Cowboys owner Jerry Jones is making a fortune.
“Independence” has a price tag! Call it “socialism” but sharing common infrastructure cost in a larger community is reasonable for some area like power or healthcare and is how insurances work.
It should be call sickcare
Ftis that
https://youtu.be/G2TXdqnmGkw
oh yes
GOP: Let’s bankrupt more people because we follow Trump’s bankruptcy path
Thats a wonderful capitalistic idea.
They have to prove they didnt do it for MASSIVE PROFITS… i do not recognize your trumpian courts of backwards minded book people with no real world heart
Ask those 43 Senators who supported Trump to pay those bills.
They make enough money too 🤷♂️
Boom!
All the people leaving California for texas are probably reconsidering.
I can’t wait for Elon Musk to settle in, LOL.
Texas had a pretty concentrated effort to pull companies and contracts from California awhile back. Which is where they initially had a lot of migration from California.
U turn……..fast
This is why you should NEVER have autopay on your bills. It is more convenient, but it gives others too much power over the control of YOUR money.
If and when there comes a SHTF event good luck trying to undo any autopay links to your bank account.
@Cathy O’Grady exactly. My car, cell phone, and insurance is autopay and that’s it
@judge dreadz don’t be married then. That was your first mistake
EXACTLY!!!
@Fred Derf For some unfortunate people autopay was the issue. It wouldn’t have withrawn over $10,000 out of their account. The Maximum I allow my electric company to take out is $300. My bills range from $80-210. You can set limits through your bank, credit cards, online payment services, etc.
They convinced republican voters that not regulated was the way to go and then reality sits in…
Republicans love to be in power but don’t know how to Govern Efficiently.
Excuse me but they don’t know how to govern really at all.
This will turn Texas Bleu come next election day, Texas is havening a awakening!
New Jersey hasn’t balanced its budget in 143 years. Also, the fact the people from blue states move to red states and not the other way around, says it all.
Didn’t the tRump administration count deregulation as one of his ‘achievements’?
Jerry Jones is laughing all the way to the banks with those spiking energy prices.
@Beverly He was the last GOP president with any semblence of public approval. Ironically, he also tore down a dividing wall. I think there’s another lesson there.🙄
Ftis that
https://youtu.be/G2TXdqnmGkw
oh yes
de-regulation = no accountability + unrestrained profits!
@Beverly Please don’t leave the two Bush’s out..Jr. Bush is the one that put assault guns on the market..
THE MINIMUM WAGE NEEDS TO GO UP WITH INFLATION EVERY YEAR AUTOMATICALLY!
Sure with Corporations
That would literally create endless inflation.
Wondering where the cries of “don’t bail out the blue states” are landing now
You mean letting a for PROFIT company make the rules without limits isn’t a good thing? 😂🤣
This gets even scarier when you consider the plumber’s haven’t even started to work in Texas. Just amazing.