[Elecraft] (OT) Ca Fires

[Wes]

I'm shocked to hear that PG&E would actually think to pay dividends to investors 
who put their money at risk.  The government of CA should put a stop to this 
capitalist idea. and turn the management over to the MVD or the bullet train people.

Wes  N7WS

On 11/3/2019 12:04 AM, Jim Brown wrote:
> On 11/2/2019 7:05 PM, Lynn W. Taylor, WB6UUT wrote:
>> The power situation (especially in PG&E territory) is a different story, but 
>> one that's manageable.
>
> Really? You do realize that PG&E's distribution system has been badly 
> neglected for decades, and has long been an accident ready to happen. And most 
> of it is bare copper, making it more likely to start a fire. All because 
> management CHOSE not to maintain it, instead paying themselves big salaries 
> and bonuses, paying dividends to investors, and buying back stock. The result 
> is that correcting the problem requires a MASSIVE investment and a massive 
> amount of work that will takes decades to complete, and years to even begin!
>
> As to Elecraft - many of their employees live in areas that WERE affected by 
> the power shutoffs. Some are my neighbors. Our generators have gotten a lot of 
> running time in the past week or so.
>
> 73, Jim K9YC