kdonnel
DVC-BCV
- Joined
- Feb 1, 2001
- Messages
- 7,308
That is how things generally work.They've had money specifically collected from customers for preventative maintenance and diverted it for executive bonuses and to boost profits. That was cited in the investigation of the San Bruno gas pipeline explosion. Our bills have specific surcharges to go to specific safety/maintenance accounts.
https://www.sfgate.com/bayarea/article/PG-E-diverted-safety-money-for-profit-bonuses-2500175.php
There are thousands of examples of fees and/or taxes that say they are ear marked for a particular goal but in actuality go into a general fund and get spent elsewhere.
At this point there is no recouping the years worth of money that was misspent. It must now be collected again, more since costs have risen, and the subscribers pay.
It is laughable to fine a company. You can't fine a company, you only fine the purchasers of the companies product because all fines will be passed on to the consumer.
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