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  #1  
Old 04-11-2021, 10:32 AM
timn1 timn1 is offline
Tim Newcomb
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Default Absolutely, Mike

I read a great analysis somewhere about what would actually happen to Texas economically if it did secede, and yes, it was the electrical grid fiasco times a thousand.

And yes, California does send more $$ than it receives...

Quote:
Originally Posted by AustinMike View Post
Texas, the only state that forces millions of its citizens to go without power for days if the temperature dips below freezing while allowing power companies to jack up prices 1000% during the crisis caused by them choosing not to winterize their equipment.

Yeah, Texas has it figured out.

PS Doesn't California send more money to the US government than it receives back? How is that "CA relies on the Fed gov't to prop them up?"

Last edited by timn1; 04-11-2021 at 10:32 AM.
  #2  
Old 04-11-2021, 10:52 AM
carlsonjok carlsonjok is offline
Jeff Carlson
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Quote:
Originally Posted by earlywynnfan View Post
Quote:
Right! And omitted from his post is the fact that most ERCOT executives didn't even live in Texas (or the US for that matter).
I assume they just enjoy the freedom that deregulation gives them to maximize profits while foregoing upkeep? I'm not paying close attention, but I'm willing to bet none of the people who got rich off this system for years will have to pay up, just the taxpayers.
I probably should just shut up, but I feel compelled to point out that ERCOT is neither a for-profit corporation nor the government (as someone else implied.) It is a 501(c)4 organization made up of paying members, which includes over 100 companies from various segments of the energy sector. ERCOT owns no assets. It's member companies, however, do and they are free to invest in, and upgrade, their systems as they see fit.

ERCOT isn't blameless here, but their heads aren't the only ones that should be rolling around on the ground.
  #3  
Old 04-11-2021, 11:51 AM
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earlywynnfan earlywynnfan is offline
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Quote:
Originally Posted by carlsonjok View Post
I probably should just shut up, but I feel compelled to point out that ERCOT is neither a for-profit corporation nor the government (as someone else implied.) It is a 501(c)4 organization made up of paying members, which includes over 100 companies from various segments of the energy sector. ERCOT owns no assets. It's member companies, however, do and they are free to invest in, and upgrade, their systems as they see fit.

ERCOT isn't blameless here, but their heads aren't the only ones that should be rolling around on the ground.
Thanks for the clarification
  #4  
Old 04-11-2021, 12:11 PM
vintagetoppsguy vintagetoppsguy is offline
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Many lawsuits have been filed against ERCOT and the electrical providers. As far as I know, none have been filed against the State of Texas.
  #5  
Old 04-11-2021, 02:27 PM
ajjohnsonsoxfan ajjohnsonsoxfan is offline
A.J. Johnson
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You read a lot about the exodus of Californians to Texas including some big companies that have recently relocated there. But rarely do you hear anything about what it's like once people get there. I recently read this opinion piece in the business insider about an executive who moved his family from the bay area of CA to a town just outside Austin (btw I'm a big fan of Austin and go every year to sxsw). The article is a great counter punch to the CA is horrible narrative and puts an exclamation point to the phrase the grass is not always greener...

(first oped behind paywall) https://www.businessinsider.com/movi...-i-knew-2021-1

(follow up oped free) https://www.businessinsider.com/bret...rce=reddit.com
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  #6  
Old 04-11-2021, 02:34 PM
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Leon Leon is online now
Leon
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Quote:
Originally Posted by ajjohnsonsoxfan View Post
You read a lot about the exodus of Californians to Texas including some big companies that have recently relocated there. But rarely do you hear anything about what it's like once people get there. I recently read this opinion piece in the business insider about an executive who moved his family from the bay area of CA to a town just outside Austin (btw I'm a big fan of Austin and go every year to sxsw). The article is a great counter punch to the CA is horrible narrative and puts an exclamation point to the phrase the grass is not always greener...

(first oped behind paywall) https://www.businessinsider.com/movi...-i-knew-2021-1

(follow up oped free) https://www.businessinsider.com/bret...rce=reddit.com
Austin is similar to California. (And I didn't read either article.) Many, if not most, Texans feel this way.

Back to the mask issue. I personally think we (Texans) have opened back up, as much as we have, too soon. Masks shouldn't be a political issue. They are a health and safety issue. Just my opinions on this stuff.

.
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Last edited by Leon; 04-11-2021 at 02:39 PM.
  #7  
Old 04-11-2021, 02:52 PM
vintagetoppsguy vintagetoppsguy is offline
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Quote:
Originally Posted by Leon View Post
Austin is similar to California. (And I didn't read either article.) Many, if not most, Texans feel this way.
+1
  #8  
Old 04-11-2021, 03:29 PM
carlsonjok carlsonjok is offline
Jeff Carlson
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Quote:
Originally Posted by Leon View Post
Austin is similar to California. (And I didn't read either article.) Many, if not most, Texans feel this way.

Back to the mask issue. I personally think we (Texans) have opened back up, as much as we have, too soon. Masks shouldn't be a political issue. They are a health and safety issue. Just my opinions on this stuff.

.
Texas needs to get its act together. I have tickets to see Jason Isbell and Lucinda Williams at the Moody Theater in Austin the first weekend in August. If y'all screw it up for me, I will be quite cross.
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