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Comment Does it matter? (Score 2, Insightful) 21

Electric utilities are the definition of a natural monopoly. As such, they need to be regulated so tightly that they can't even fart without government permission. Most utilites can't increase prices without begging/bribing the government for permission. I guess that's the real problem: bigger monopolies can afford bigger bribes.

Comment Re: We are also paying the Germans 1.2 billion (Score 2) 124

Remember when the British government "protected" their domestic car manufactures by require all the parts to be made in Britain? How's the British car industry doing today, after that brilliant move? Most historic British car brands are now owned by foreign parent companies. Tata (India) owns Jaguar and Land Rover. BMW (Germany) owns Mini and Rolls-Royce. Volkswagen (Germany) owns Bentley. Geely (China) owns Lotus, and SAIC (China) owns MG.

Comment Re:Conflicts of interest (Score 2) 52

I think the point is that insider trading should be a lot more illegal than it already is and should carry 100 year prison sentences. If you have any more knowledge about an event that Kalshi bets are being placed on than the general public, then by definition you are insider trading. Needless to say, lots of bets on Iran war events are coming from inside the White House, and yes, those people deserve serial jail time!

Comment Re:test drive? (Score 1) 236

Dealers have reported cars that were not stolen as stolen, and police have used Lojack to trace the cars and arrest the driver. In one, the cop car rammed a guy's brand new pickup for no reason as he was backing out of a parking space, damagine the cop car and the pickup, then arrested the guy and took him to jail... only to discover the dealer had screwed up the paperwork and falsely reported the vehicle as stolen. Problems are opportuniites: we need to start a service to disable Lojack transmitters!

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When bad men combine, the good must associate; else they will fall one by one, an unpitied sacrifice in a contemptible struggle. - Edmund Burke

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