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EJR with Jeanine Molloff--Texas Power Outages Caused by Greed and Deregulation

  • Broadcast in Politics Progressive
Progressive News Network

Progressive News Network


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The recent Texas power blackouts did not happen in a vacuum. They were engineered to happen for one specific cause--to increase demand and skyrocket profits. The energy industry serving Texas has been deregulated for many years now, and is not part of any federal grid. Now the blackout has resulted in households receiving power bills in the THOUSANDS of dollars, for shoddy, undependable service. Now, those of you who believe this was due to a recent oversight are wrong. This has been in the making for quite a while, tracing its origins in part, to a law signed off in 1999 by then Governor George W. Bush, which legalized price gouging that would make the original mafia--blush. 

Come tune in and hear the story of legalized criminality in Texas.