Pacific Gas and Electric
My guess is that this is not what Gavin Newsom, who has, on balance, been governing as a progressive, means:
PG&E had been on the defensive for months after a group of bondholders made their own alliance with wildfire victims and mounted a hostile takeover bid for the utility. The bondholders, led by Wall Street hedge fund Elliott Management, insisted their takeover plan is still better for California and said PG&E’s proposal would burden the company with billions in new debt.
With Newsom rejecting PG&E’s plan, the bondholders’ effort gets new life.
I’m thinking more along the lines of,
“Nothing I can think of says, ‘screw the public interest’ like a hedge fund-owned public utility,” [Dave] King said.
Dale Kasler, “Gavin Newsom rejects PG&E bankruptcy plan, demands ‘radically restructured’ CA utility,” Sacramento Bee, December 13, 2019, https://www.sacbee.com/news/california/fires/article238350708.html
There is a new blog post entitled, “Bernie Sanders should not have endorsed Cenk Uygur in the first place.” This is the first of two new posts today.
Michael Finnegan, “Bernie Sanders retracts endorsement of Californian who defends crude sex ratings of women,” Los Angeles Times, December 13, 2019, https://www.latimes.com/politics/story/2019-12-12/bernie-sanders-endorses-cenk-uygur-young-turks
Kenneth Stern, “I drafted the definition of antisemitism. Rightwing Jews are weaponizing it,” Guardian, December 13, 2019, https://www.theguardian.com/commentisfree/2019/dec/13/antisemitism-executive-order-trump-chilling-effect
David Adler, “What the U.S. Left Can Learn From the Labour Party’s Epic Loss,” In These Times, December 13, 2019, http://inthesetimes.com/article/22220/labour-party-jeremy-corbyn-boris-johnson-uk-brexit-bernie-sanders-left
John Cassidy, “What Are the Real Lessons of the U.K. Election for 2020?” New Yorker, December 14, 2019, https://www.newyorker.com/news/our-columnists/what-are-the-real-lessons-of-the-uk-election-for-2020
Robert Barnes, “Supreme Court will take up Trump’s broad claims of protection from investigation,” Washington Post, December 13, 2019, https://www.washingtonpost.com/politics/courts_law/supreme-court-will-take-up-trumps-broad-claims-of-protection-from-investigation/2019/12/13/1de84cd6-1d19-11ea-8d58-5ac3600967a1_story.html
- Dale Kasler, “Gavin Newsom rejects PG&E bankruptcy plan, demands ‘radically restructured’ CA utility,” Sacramento Bee, December 13, 2019, https://www.sacbee.com/news/california/fires/article238350708.html↩
- Tyler Silvy, “Sonoma Clean Power officials will explore public ownership of PG&E utility lines,” Santa Rosa Press-Democrat, November 14, 2019, https://www.pressdemocrat.com/news/10315410-181/sonoma-clean-power-officials-will↩
- Kenneth Stern, “I drafted the definition of antisemitism. Rightwing Jews are weaponizing it,” Guardian, December 13, 2019, https://www.theguardian.com/commentisfree/2019/dec/13/antisemitism-executive-order-trump-chilling-effect↩
- Jacob Kornbluh and Melissa Weiss, “A first look at the language of Trump’s executive order on antisemitism,” Jewish Insider, December 11, 2019, https://jewishinsider.com/2019/12/exclusive-a-first-look-at-the-language-of-trumps-executive-order-on-antisemitism/; Veronica Stracqualursi, Paul LeBlanc, and Betsy Klein, “Trump aims to crack down on anti-Semitism on college campuses using civil rights protections,” CNN, December 10, 2019, https://www.cnn.com/2019/12/10/politics/trump-order-judaism-nationality/index.html↩