He should not have added "Capitalism at its finest" in that tweet, ERCOT being scum has nothing to do with Capitalism and ERCOT is even a non-profit 501c4 organization.
In America our current capitalism is corrupt because there is a lot of collectivism and socialism in it, only the rich benefit from the socialism however.
It's not free market capitalism that's for sure but more in line with the type of cronyism found in authoritarian bureaucracies be they communist, fascist or otherwise.
This is not capitalism. These power companies are under so many regulations they spend millions having full time compliance people on board. Just visit http://www.ercot.com/mktrules/compliance/
They probably have to follow something like 150+ standards some created in good faith but are ridiculous, some not.
Can you even call this capitalism or a republic when it's corporations are simply an extension of the government all pinned against individuals?
Talking about the failings of "green" energy no one wanted in the first place because their leaders thought it was a good idea? What about the wall being halted?
Capitalism at its worst is still better than collectivism at its best.
He should not have added "Capitalism at its finest" in that tweet, ERCOT being scum has nothing to do with Capitalism and ERCOT is even a non-profit 501c4 organization.
In America our current capitalism is corrupt because there is a lot of collectivism and socialism in it, only the rich benefit from the socialism however.
How does the company being non-profit or having to deal with regulations justify this?
What's ERCOT?
It's the private company that's holding the Texas power grid hostage and is responsible for millions not having power for the last 58 hours.
Shitstains that didn't increase power output two days prior because they know exactly what they are doing to sabotage the state.
Must be a utility management entity then
I don’t think this is capitalism at its worst. Someone is purposely doing this
It's not free market capitalism that's for sure but more in line with the type of cronyism found in authoritarian bureaucracies be they communist, fascist or otherwise.
This is not capitalism. These power companies are under so many regulations they spend millions having full time compliance people on board. Just visit http://www.ercot.com/mktrules/compliance/
They probably have to follow something like 150+ standards some created in good faith but are ridiculous, some not.
Correct.
Can you even call this capitalism or a republic when it's corporations are simply an extension of the government all pinned against individuals?
Talking about the failings of "green" energy no one wanted in the first place because their leaders thought it was a good idea? What about the wall being halted?