Last week, in a San Bruno, California, neighborhood, a natural gas pipeline exploded in a thunderous sound heard for miles destroying homes and killed at least four people. Now, a consumer advocacy group has found that the company that operated the faulty pipeline, Pacific Gas & Energy (PG&E), had classified the pipe as a high risk and did not to use the funds it had collected from a rate hike to repair it. Meanwhile, all over the nation states and cities are increasingly outsourcing facilities and infrastructure to private, for profit companies like PG&E, taking in short term cash to help them through this tough economic time, but turning our infrastructure over to institutions that are set up only to make a profit and not to further the public good. From privatized parking meters to water supplies to toll roads to gas lines, America is increasingly becoming the United States of CEOs, with less and less control, oversight, and influence from We The People.
The United States of CEOs
Sep. 17, 2010 9:40 am