The Fargo Kantrowitz'z Literary Campsite

Sheldon Whitehouse said this piece of legislation is corrupt and crooked and a rotten racket. He said the Senate felt like a crime scene. Need yellow tape and put it around the chamber. The midnight transfer of wealth is disgusting. Backdrop in country is that 1 percent had 30 percent. Bottom half 3 percent of the wealth (me). Wealth from middle class to billionaires and mega-billionaires. From children to present day billionaires by adding 5 trillion in debt. Run up debt to give tax giveaways to wealthy billionaires. How? Take away healthcare from 16 million Americans. Tax breaks to billionaires. Something about billionaires. They can’t stop. Pay no taxes, less than a firefighter. Then they want more favors. They don’t realize how much money they have. Pay taxes wouldn’t change their lives at all. Nothing would change if they had to pay taxes like a regular person but they just don’t want to. A lot of tax breaks to corporations, even to those who move jobs off shore. Tax breaks for doing that. Tax breaks for offshoring American jobs. Worlds worst tax policy. Takes corrupt code and bends it further for billionaires and corporations. Raises your costs to raise their profits. Electric bills for us will go up. People behind bill hoping you don’t know how that works. He will tell us how that works. Rules for grid about how it works. Generators who sell power to grid put in a bid. Price for their electricity. Stack of bids, the grid manager dispatches cheapest first then more expensive ones. As demand rises costs go up. Most expensive, last one, sets price for whole grid. Almost always a fossil fuel plant. As demand go up, prices go up. More generators come on line. That’s the world without clean energy. Ad renewables, almost always cheaper. Almost never the price setter. Fill in below the price of the fossil fuel plant. Grid is more efficient with renewables in the mix. 95 percent that came into grid was clean energy. Bill’s intention to kill off clean energy. Would kill off 95 percent of energy put to the grid last year. Study of the Texas grid. With renewables (texas 30 percent renewables) the average price last august was 39 dollars per megawatt hour. What if you backed out of solar? If not for solar driving price down would have been between 55 and 90 megawatt hours. Minimum $25 dollar differential. Maybe twice the cost. Punch line: prices in 24 would have been 40 percent higher. Without clean energy growth, 95 percent on the grid, electricity would have been 40 percent higher. Go to fossil fuel industry. When you see them here they will make a fortune off this. Puts you back on fossil fuel side of the curve not the clean energy part of the curve that lowers prices so dramatically. Is what actually happened in a large electricity market (Texas). Damaging competition in solar to China. Huge advantages for China with the world market for solar. We are also in that market. Fossil fuel industry desire to destroy this is about as unpatriotic as you can get. They’re like, go for it China, we’re out. Rip away subsidies. 700 billion dollars subsidy every year to compete against clean energy. Rip away investments. Tax on energy. Drive prices back up to fossil fuel model. Big losers in this big loser of a bill. 5 trillion to national debt. Big loss. Home loans. Health care. Hospitals in receivership. Taxpayers get clobbered in corruption of tax code. Tax cuts wouldn’t even be noticed they have so much money. Yet we break bank of 5 trillion dollars to take care of creepy billionaires who can’t count their wealth but insist they come to congress and seize even more. Off shore corporations. Moving away from America. America first agenda? Not when you look into the weeds of this crooked bill. Fossil fuel polluters. Massive profits. Could do their own carbon removal. They choose not too. They want to pollute. Drive up prices. They all are huge donors to the Republican Party. Now want payback. Wasp, Mr. President, that lays its larvae inside another bug. Bug can take over nervous system of that other bug. They make it go where the larvae want it to hang. Then larvite consume it, eat it, and turn into next generation of wasps. Good analogy. Polluters, offshoring corporation, took over command system of Republican Party. Bugs marching around doing as told. Doesn’t care about harms. More corrupt tax codes. Special interests are in that bug running that show.