Utility Company Quotes

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In nature, there is no such thing as waste. Every output is upcycled into new inputs of equal or greater value. This creates a cycle of productive utility, continuous growth and continuous expansion. I like to invest in companies that follow nature’s example.
Hendrith Vanlon Smith Jr.
Willfully polluting the ground with AC electricity is just another aspect of how the electrical utility companies will be remembered by the next generation.
Steven Magee (Electrical Forensics)
When the government and electrical utility company jointly harass an electrical fraud researcher, it confirms that the research is progressing in the right direction!
Steven Magee
It's wise to think of employees as a talent pool, and treat them accordingly. They have talents and skills that can help the company to be successful. Some of those talents and skills may even go beyond the scope of their job description but maybe can still be utilized.
Hendrith Vanlon Smith Jr.
You know that when the local utility company is trying to assassinate you, that your research into their frauds and corruption is progressing in the right direction.
Steven Magee
We must therefore glean up our experiments in this science from a cautious observation of human life, and take them as they appear in the common course of the world, by men’s behaviour in company, in affairs, and in their pleasures. Where experiments of this kind are judiciously collected and compared, we may hope to establish on them a science, which will not be inferior in certainty, and will be much superior in utility to any other of human comprehension.
David Hume (A Treatise of Human Nature)
When a director at Pacific Gas & Electric, one of the nation’s largest utilities, testified that all of its control systems were getting hooked up to the Internet, to save money and speed up the transmission of energy, Lacombe asked what the company was doing about security. He didn’t know what Lacombe was talking about.
Fred Kaplan (Dark Territory: The Secret History of Cyber War)
When to utilize class and when to utilize struct?
Jason Beckham
What is benifit of utilizing higher request capacities?
Jason Beckham
Just think about how many landowners, utility companies, and local and state governments you’d need to bring together to build power lines that could move solar energy from the Southwest all the way to customers in New England. Merely picking the routes and establishing rights-of-way would be a massive undertaking; people tend to object when you want to run a big power line through the local park.
Bill Gates (How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need)
Solar Thermal Power is revolutionizing energy uses in Surprise, Arizona. Solar energy utilizes the sun’s rays to generate and concentrate heat. This renewable energy source is reliable and can practically eliminate your monthly utility bill. Solar Thermal Energy can either significantly reduce your energy costs or even eliminate it forever! Cool Blew, Inc offers free estimates for installation of solar panels and for Ac service in Surprise, Arizona and the Phoenix metro area.
Cool Blew, Inc
Instead of drilling down and finding ways to creatively meet the target cost as Ford did, if companies give in to the tempting route of either bumping up the strategic price or cutting back on utility, they are not on the path to lucrative blue waters.
W. Chan Kim (Blue Ocean Strategy, Expanded Edition: How to Create Uncontested Market Space and Make the Competition Irrelevant)
An investigation by the House Energy and Commerce Committee revealed that “more than a dozen American utility companies reported ‘daily,’ ‘constant,’ or ‘frequent’ attempted cyber-attacks ranging from phishing to malware infection to unfriendly probes. One utility reported that it had been the target of more than 10,000 attempted cyber attacks each month.” The report concluded that foreign governments, criminals, and random hackers were all hard at work either planning or attempting to take down the grid.
Marc Goodman (Future Crimes)
As our society grew more complex, more and more of the government’s function took the form of social insurance, with each of us chipping in through our tax dollars to protect ourselves collectively—for disaster relief if our house was destroyed in a hurricane; unemployment insurance if we lost a job; Social Security and Medicare to lessen the indignities of old age; reliable electricity and phone service for those who lived in rural areas where utility companies wouldn’t otherwise make a profit; public schools and universities to make education more egalitarian.
Barack Obama (A Promised Land)
people in management positions, even very senior management positions, are often completely wrong about the fortunes of their own companies. More important, in making these misjudgments, they almost always err on the side of excessive optimism. They think their businesses are in much better shape than they actually are. Jerry’s rig utilization chart at Global Marine and our own CFO’s boasts about Joe DiMaggio only underscored this lesson for me at the time. And, three decades and over 1,400 meetings with other executives later, I can say this tendency is as pronounced as ever.
Scott Fearon (Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places)
The cost side of a company’s business model ensures that it creates a leap in value for itself in the form of profit—that is, the price of the offering minus the cost of production. It is the combination of exceptional utility, strategic pricing, and target costing that allows companies to achieve value innovation—a
W. Chan Kim (Blue Ocean Strategy: How To Create Uncontested Market Space And Make The Competition Irrelevant)
A few congregations had food pantries and clothes closets—bandage ministries—but none of them knew any better than we did how to tackle the larger systemic problems that made those ministries necessary. Plus, while no one disagreed about the goodness of handing out free food and clothes, quite a lot of people disagreed about the rightness of petitioning the county commission for more federal housing money or talking with local utility companies about lowering their deposits for low income families. Handing out free food and clothes was a charitable act. Approaching the powers was a political act. We could give people fish, but we could not ask why they had no fish.
Barbara Brown Taylor (Speaking of Sin)
AT THE END OF WORLD WAR II, I was a New Dealer to the core. I thought government could solve all our postwar problems just as it had ended the Depression and won the war. I didn’t trust big business. I thought government, not private companies, should own our big public utilities; if there wasn’t enough housing to shelter the American people, I thought government should build it; if we needed better medical care, the answer was socialized medicine.
Ronald Reagan (An American Life: The Autobiography)
Every innovation—technological, sociological, or otherwise—begins as a crusade, organizes itself into a practical business, and then, over time, degrades into common exploitation. This is simply the life cycle of how human ingenuity manifests in the material world. What goes forgotten, though, is that those who partake in this system undergo a similar transformation: people begin as comrades and fellow citizens, then become labor resources and assets, and then, as their utility shifts or degrades, transmute into liabilities, and thus must be appropriately managed. This is a fact of nature just as much as the currents of the winds and the seas. The flow of force and matter is a system, with laws and maturation patterns. We should harbor no guilt for complying with those laws—even if they sometimes require a little inhumanity. —TRIBUNO CANDIANO, LETTER TO THE COMPANY CANDIANO CHIEF OFFICER’S ASSEMBLY
Robert Jackson Bennett (Foundryside (The Founders Trilogy, #1))
Power is a very dangerous aphrodisiac to the ego; many people are deeply attracted to power. Even in our ordinary everyday world, issues of power arise. If you lead a company or you’re a manager, you’re exercising power over people’s lives; they have to fit in with the structure and power dynamics that were put in place by the people above them. Power at any level, whether its an intrinsic power or a relative power due to your position in the world, can really bring to light and activate desire, because power begets the desire for more power. In every esoteric spiritual tradition there are grave warnings about indulging in these kinds of powers and seeking out the psychic abilities that may come with awakening. The usual counsel is neither to push away or deny these powers, nor to grasp or desire or indulge in them. In Jesus’ case, what we get through the story is a vital reflection of what it means to use power wisely. Jesus is a man of great authority, great inner power, and great charisma, and people are deeply attracted to him, whether for healing or spiritual transformation or simply to be in his presence. In example after example, he wields this power with wisdom and love. Throughout the Gospels we see how Jesus utilizes power, when he utilizes it and when he pulls back and leaves things as they are. He’s a master of the wise use of power.
Adyashanti (Resurrecting Jesus: Embodying the Spirit of a Revolutionary Mystic)
We cannot pick and choose whom among the oppressed it is convenient to support. We must stand with all the oppressed or none of the oppressed. This is a global fight for life against corporate tyranny. We will win only when we see the struggle of working people in Greece, Spain, and Egypt as our own struggle. This will mean a huge reordering of our world, one that turns away from the primacy of profit to full employment and unionized workplaces, inexpensive and modernized mass transit, especially in impoverished communities, universal single-payer health care and a banning of for-profit health care corporations. The minimum wage must be at least $15 an hour and a weekly income of $500 provided to the unemployed, the disabled, stay-at-home parents, the elderly, and those unable to work. Anti-union laws, like the Taft-Hartley Act, and trade agreements such as NAFTA, will be abolished. All Americans will be granted a pension in old age. A parent will receive two years of paid maternity leave, as well as shorter work weeks with no loss in pay and benefits. The Patriot Act and Section 1021 of the National Defense Authorization Act, which permits the military to be used to crush domestic unrest, as well as government spying on citizens, will end. Mass incarceration will be dismantled. Global warming will become a national and global emergency. We will divert our energy and resources to saving the planet through public investment in renewable energy and end our reliance on fossil fuels. Public utilities, including the railroads, energy companies, the arms industry, and banks, will be nationalized. Government funding for the arts, education, and public broadcasting will create places where creativity, self-expression, and voices of dissent can be heard and seen. We will terminate our nuclear weapons programs and build a nuclear-free world. We will demilitarize our police, meaning that police will no longer carry weapons when they patrol our streets but instead, as in Great Britain, rely on specialized armed units that have to be authorized case by case to use lethal force. There will be training and rehabilitation programs for the poor and those in our prisons, along with the abolition of the death penalty. We will grant full citizenship to undocumented workers. There will be a moratorium on foreclosures and bank repossessions. Education will be free from day care to university. All student debt will be forgiven. Mental health care, especially for those now caged in our prisons, will be available. Our empire will be dismantled. Our soldiers and marines will come home.
Chris Hedges (America: The Farewell Tour)
Let’s define a Crapitalist: A well-connected friend of the powers that be who scores big bucks at taxpayer expense. From bagging millions in tax dollars for phony “green energy” companies that go bust, to vacuuming public coffers to build glitzy sports stadiums, to utilizing little-known tax credit loopholes to loot $1.5 billion a year for Hollywood movies—Crapitalists know how to use every trick to enrich themselves at taxpayer expense. Rather than playing and winning in the rough-and-tumble world of business competition, Crapitalists use government to rig the game in their favor and leave you and me—the taxpayers—holding the bill. These corporate sissies know their ideas suck, so they try to stack the deck to privatize their profits and socialize their losses. And there’s the rub: crony capitalism is socialism’s Trojan horse.
Jason Mattera (Crapitalism: Liberals Who Make Millions Swiping Your Tax Dollars)
Should my proposals meet with a rebuff in France, it would be my unhappy fate to leave that country and seek better luck elsewhere. If in the end the whole world proves to be against me, then I can still hope to find a spot on this earth where I may live in peace. Conscious of my own rectitude of purpose, secure from any self-reproach, I am convinced that I shall be able to gather a small company around me, persons I have helped to benefit, and then I shall need no one’s advice, and no one’s interference with what I undertake. If I were to act otherwise, animal magnetism would become no more than a passing fashion. Each would seek to find in it either more, or less, than really exists. It would be used amiss, its utility would become dubious, and it would give rise to a problem whose solution might not be discovered for centuries.
Stefan Zweig (Mental Healers: Franz Anton Mesmer, Mary Baker Eddy, Sigmund Freud)
A classic LBO works this way: An investor decides to buy a company by putting up equity, similar to the down payment on a house, and borrowing the rest, the leverage. Once acquired, the company, if public, is delisted, and its shares are taken private, the “private” in the term “private equity.” The company pays the interest on its debt from its own cash flow while the investor improves various areas of a business’s operations in an attempt to grow the company. The investor collects a management fee and eventually a share of the profits earned whenever the investment in monetized. The operational improvements that are implemented can range from greater efficiencies in manufacturing, energy utilization, and procurement; to new product lines and expansion into new markets; to upgraded technology; and even leadership development of the company’s management team.
Stephen A. Schwarzman (What It Takes: Lessons in the Pursuit of Excellence)
How, then, can Apple claim to be 100 percent renewable? It purchases a fraudulent “100 percent renewable” status from electricity producers. The basic way this works is that Apple pays utilities to give it credit for the solar and wind that others use—and to give others the blame for the coal, gas, and nuclear that Apple uses. It’s as if Apple CEO Tim Cook were traveling with nine other people on a yacht powered 90 percent by diesel and 10 percent by a sail—and Cook claimed that he traveled just using the sail, while the others traveled using the diesel. This energy accounting fraud is shameful and destructive, because it leads us to think that we can have innovators like Apple without the uniquely cost-effective energy we get from fossil fuels. Even worse, leading company after leading company, including Facebook, Google, Bank of America, and Anheuser-Busch, is claiming to be 100 percent renewable.[18]
Alex Epstein (Fossil Future: Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas--Not Less)
The key point here is Macaulay’s belief that “knowledge and reflection” on the part of the Hindus, especially the Brahmanas, would cause them to give up their age-old belief in anything Vedic in favor of Christianity. The purpose was to turn the strength of Hindu intellectuals against their own kind by utilizing their commitment to scholarship in uprooting their own tradition, which Macaulay viewed as nothing more than superstitions. His plan was to educate the Hindus to become Christians and turn them into collaborators. He persisted with this idea for fifteen years until he found the money and the right man for turning his utopian idea into reality. He needed someone who would translate and interpret the Vedic texts in such a way that the newly educated Indian elite would see the superiority of the Bible and choose that over everything else. Upon his return to England, after a good deal of effort he found a talented but impoverished young German Vedic scholar by name Friedrich Max Muller who was willing to take on the arduous job. Macaulay used his influence with the East India Company to find funds for Max Muller’s translation of the Rig Veda. Though an ardent German nationalist, Max Muller agreed for the sake of Christianity to work for the East India Company, which in reality meant the British Government of India. He also badly needed a major sponsor for his ambitious plans, which he felt he had at last found. The fact is that Max Muller was paid by the East India Company to further its colonial aims, and worked in cooperation with others who were motivated by the superiority of the German race through the white Aryan race theory. This was the genesis of his great enterprise, translating the Rig Veda with Sayana's commentary and the editing of the fifty-volume Sacred Books of the East. In this way, there can be no doubt regarding Max Muller’s initial aim and commitment to converting Indians to Christianity. Writing to his wife in 1866 he observed: “It [the Rig Veda] is the root of their religion and to show them what the root is, I feel sure, is the only way of uprooting all that has sprung from it during the last three thousand years.” Two years later he also wrote the Duke of Argyle, then acting Secretary of State for India: “The ancient religion of India is doomed. And if Christianity does not take its place, whose fault will it be?” This makes it very clear that Max Muller was an agent of the British government paid to advance its colonial interests. Nonetheless, he still remained an ardent German nationalist even while working in England. This helps explain why he used his position as a recognized Vedic and Sanskrit scholar to promote the idea of the “Aryan race” and the “Aryan nation,” a theory amongst a certain class of so-called scholars, which has maintained its influence even until today.
Stephen Knapp (The Aryan Invasion Theory: The Final Nail in its Coffin)
Of course, this is not an innocent activity—even though the tech companies disavow any responsibility for the material they publish and promote. They plead that they are mere platforms, neutral utilities for everyone’s use and everyone’s benefit. When Facebook was assailed for abetting the onslaught of false news stories during the 2016 presidential campaign—a steady stream of fabricated right-wing conspiracies that boosted Donald Trump’s candidacy—Mark Zuckerberg initially disclaimed any culpability. “Our goal is to give every person a voice,” he posted on Facebook, washing his hands of the matter. It’s galling to watch Zuckerberg walk away from the catastrophic collapse of the news business and the degradation of American civic culture, because his site has played such a seminal role in both. Though Zuckerberg denies it, the process of guiding the public to information is a source of tremendous cultural and political power. In the olden days, we described that power as gatekeeping—and it was a sacred obligation.
Franklin Foer (World Without Mind: The Existential Threat of Big Tech)
SINCE the financial crisis, it has become commonplace to argue that banks should be run as utilities, not casinos. At least in terms of their financial performance, that seems to be happening. In 2006, the eight American banks that regulators have since labelled “globally systemically important” generated casino-like profits, with returns on equity of 30% on average, according to Oliver Wyman, a consultancy. They are currently managing less than 11%, and there is worse to come: the Federal Reserve recently announced plans to oblige them to raise extra capital. By one calculation that would reduce their return on equity to little over 8%, other things being equal—a lower return than America’s water companies make. And other things are unlikely to be equal. American regulators continue to biff big banks with blistering fines. Then there is the requirement that banks produce “living wills”, explaining how they could be wound down if disaster strikes: the regulators have rejected every single “will” they have received so far as too flimsy. Making banks easier to close down will probably leave them even less profitable.
Anonymous
Buffett declared the best inflation hedge is a company with a wonderful product that requires little capital to grow. As a test, he invited each of us to look at our own earning ability. In inflation, your compensation can go up without any additional investment. As a business example, Buffett noted that when See’s Candy was purchased in 1971, it had the revenues of $25 million and sold 16 million pounds of candy annually with $9 million in tangible assets. Today, See’s sells $300 million of candy with $40 million of tangible assets. Berkshire needed to invest only $31 million to generate a more than 10-fold increase in revenues. In aggregate, Buffett noted that Berkshire has earned $1.5 billion in profits at See’s over the years. See’s inventory turns fast, has no receivables and has little fixed investment – a perfect inflation hedge. Buffett allowed that if you have tons of receivables and inventory, that’s a lousy business in inflation. The railroad and MidAmerican Energy both have these undesirable characteristics, but that is offset by their utility to the economy and subsequent allowable returns. Buffett rued that there simply aren’t enough “See’s Candys” to buy. Buffett added that being an investor has made him a better businessman and that being a businessman has made him a better investor.(125) Munger noted that they didn’t always know this inflation-business element, which shows how continuous learning is so important.
Daniel Pecaut (University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting)
Shortly before our CFO’s pep talk, another high-level executive at the bank stopped me in the hall to give me what he considered some critical advice. “A lot of smart kids like you come through the bank, and they use it for a stepping stone,” he said. “They stay for a year or two and then they leave. I think that’s a huge mistake. Look at me: I’ve been here forever and I’m happier than anyone I know. This place rewards loyalty, and I’m good at my job because I’ve got my finger right on the pulse of the company. I know everything that’s going on.” A week later, I saw two workmen hauling boxes out of his office. He was a victim of the bank’s first-ever round of layoffs. I’m not trying to put this man down for his faith in the bank or make light of his unemployment. I want to use his story to make another point about failure in business. That chat reinforced something else I was beginning to learn: people in management positions, even very senior management positions, are often completely wrong about the fortunes of their own companies. More important, in making these misjudgments, they almost always err on the side of excessive optimism. They think their businesses are in much better shape than they actually are. Jerry’s rig utilization chart at Global Marine and our own CFO’s boasts about Joe DiMaggio only underscored this lesson for me at the time. And, three decades and over 1,400 meetings with other executives later, I can say this tendency is as pronounced as ever.
Scott Fearon (Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places)
Different form, same function. Many companies that create blue oceans attract customers from other industries who use a product or service that performs the same function or bears the same core utility as the new one but takes a very different physical form. In the case of Ford’s Model T, Ford looked to the horse-drawn carriage. The horse-drawn carriage had the same core utility as the car: transportation for individuals and families. But it had a very different form: a live animal versus a machine. Ford effectively converted the majority of noncustomers of the auto industry, namely customers of horse-drawn carriages, into customers of its own blue ocean by pricing its Model T against horse-drawn carriages and not the cars of other automakers. In the case of the school lunch catering industry, raising this question led to an interesting insight. Suddenly those parents who make their children’s lunches came into the equation. For many children, parents had the same function: making their child’s lunch. But they had a very different form: mom or dad versus a lunch line in the cafeteria. Different form and function, same objective. Some companies lure customers from even further away. Cirque du Soleil, for example, has diverted customers from a wide range of evening activities. Its growth came in part through drawing people away from other activities that differed in both form and function. For example, bars and restaurants have few physical features in common with a circus. They also serve a distinct function by providing conversational and gastronomical pleasure, a very different experience from the visual entertainment that a circus offers. Yet despite these differences in form and function, people have the same objective in undertaking these three activities: to enjoy a night out.
W. Chan Kim (Blue Ocean Strategy, Expanded Edition: How to Create Uncontested Market Space and Make the Competition Irrelevant)
Our team’s vision for the facility was a cross between a shooting range and a country club for special forces personnel. Clients would be able to schedule all manner of training courses in advance, and the gear and support personnel would be waiting when they arrived. There’d be seven shooting ranges with high gravel berms to cut down noise and absorb bullets, and we’d carve a grass airstrip, and have a special driving track to practice high-speed chases and real “defensive driving”—the stuff that happens when your convoy is ambushed. There would be a bunkhouse to sleep seventy. And nearby, the main headquarters would have the feel of a hunting lodge, with timber framing and high stone walls, with a large central fireplace where people could gather after a day on the ranges. This was the community I enjoyed; we never intended to send anyone oversees. This chunk of the Tar Heel State was my “Field of Dreams.” I bought thirty-one hundred acres—roughly five square miles of land, plenty of territory to catch even the most wayward bullets—for $900,000. We broke ground in June 1997, and immediately began learning about do-it-yourself entrepreneurship. That land was ugly: Logging the previous year had left a moonscape of tree stumps and tangled roots lorded over by mosquitoes and poisonous creatures. I killed a snake the first twelve times I went to the property. The heat was miserable. While a local construction company carved the shooting ranges and the lake, our small team installed the culverts and forged new roads and planted the Southern pine utility poles to support the electrical wiring. The basic site work was done in about ninety days—and then we had to figure out what to call the place. The leading contender, “Hampton Roads Tactical Shooting Center,” was professional, but pretty uptight. “Tidewater Institute for Tactical Shooting” had legs, but the acronym wouldn’t have helped us much. But then, as we slogged across the property and excavated ditches, an incessant charcoal mud covered our boots and machinery, and we watched as each new hole was swallowed by that relentless peat-stained black water. Blackwater, we agreed, was a name. Meanwhile, within days of being installed, the Southern pine poles had been slashed by massive black bears marking their territory, as the animals had done there since long before the Europeans settled the New World. We were part of this land now, and from that heritage we took our original logo: a bear paw surrounded by the stylized crosshairs of a rifle scope.
Anonymous
There’s a tendency for those unfamiliar with cooperatives to look down on them as the leftovers of the mainstream economy, implying that if these ideologically driven people simply reorganized themselves into “normal” private companies, they would be more efficient and productive. In fact, just the opposite is true: Cooperatives often enter into economic activities that private businesses will not take on. The most fertile period of cooperative growth was during the Great Depression. Rural electric cooperatives spread across the American plains when it became clear that other investor-owned and municipally owned utilities were uninterested in wiring up sparsely populated regions. Credit unions, as we’ll soon explore, have seen an upsurge during the recent financial crisis.
Michael H. Shuman (Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity--A Resilient Communities Guide)
I find it very concerning that a utility company that has an established history of harassing me has my family under surveillance with a Smart/AMR/AMI meter.
Steven Magee
Utility company smart meters have become a sordid tale of fraud, corruption and willful biological damage of the masses.
Steven Magee
I know two companies that collapsed due to the inability to reduce operating costs when the utilization of their sites diminished. The dot-com user base (of intangible monetary value based on registered users) did not grow and generate revenue as expected. There was a substantial number of loyal users, and both companies were able to redefine their business plans to turn a profit by catering solely to their loyal user base. However, the business plans required reducing operational costs, and due to countless bad application design decisions, the applications would not operate on architectures substantially smaller than the large-scale originals. Although the traffic and utilization of their architectures dropped to about 10% of the original goal, they were only able to realize a 20% reduction in operational costs.
Theo Schlossnagle (Scalable Internet Architectures: Scalable Int Arch _p1)
Every utility bill had to be scrutinized, every mysterious extra fee from the phone company had to be questioned. There is no peace in poverty.
Lisa Kleypas (Sugar Daddy (Travises, #1))
To share a meal is to undoubtedly experience one of life's great joys. Yet this doesn't mean that there can't be some kind of connection when we eat alone, be it with ourselves, what's around us, or a higher power. UNESCO states that French gastronomy emphasizes 'the pleasure of taste,' and that some of the essential elements involve utilizing local products, pairing food with wine, and taking the time to smell and taste items at the table. Alone, we can plumb local markets and examine their wares closely. We can breathe in and relish the flavors in a sauce, or the coolness of a pitcher of cream. We don't necessarily take time to do these things in the presence of company, particularly during lively conversation. A solo meal is an opportunity to go slow; to savor.
Stephanie Rosenbloom (Alone Time: Four Seasons, Four Cities, and the Pleasures of Solitude)
The Utah Power & Light Company, meanwhile, cut right to the chase in a full-page ad with the alarmist headline “How many ‘Independence Days’ have we left?” The utility company implored readers to “pray for help in maintaining man’s closeness to God, in preserving man’s God-given rights and responsibilities against those who would make you dependent upon a socialistic, all-powerful government.” 53
Kevin M. Kruse (One Nation Under God: How Corporate America Invented Christian America)
The tech start-up world from which Musk hails embraces disruption as one of its organizing principles, encouraged in part by the influential blog TechCrunch, which named its flagship conference, TechCrunch Disrupt, for the concept. Silicon Valley’s budding capitalists have long been encouraged to use their software prowess and processes to disrupt existing industries, and hence we have Facebook, which disrupted the news media industry, Airbnb, which disrupted hotels, and crowdfunding, which disrupted traditional investing. When Ted Craver asked Musk to share his thoughts on disruption with an audience of old-school electricity providers, you could see why the chairman might nervously fiddle with his pen. Could Tesla, with its emerging energy-storage business, disrupt the utilities? It might have come as some comfort to those at the conference that Musk is no fan of disruption. Indeed, he and Straubel were probably there to convince utilities to work with Tesla on energy storage projects that could benefit both parties. But the industry’s fear that it might have been on the wrong side of history would not have dissipated completely. The same was true for at least one auto industry leader. The man who, until May 2017, was CEO of the Ford Motor Company is one person who does appear to be a fan of disruption. Mark Fields, a Harvard business grad and Clayton Christensen follower, was fifty-three when he was appointed to succeed outgoing CEO Alan Mulally.
Hamish McKenzie (Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil)
I research what electrical utility companies do not want researched.
Steven Magee
Loans NRIs can give loans to resident Indians on a repatriable or non-repatriable basis. NRIs can also receive loans from residents. Loan from NRIs in foreign currency or on a repatriable basis A resident Indian can borrow up to US dollars 250,000 from NRI close relatives on a repatriation basis i.e. on repayment, the NRI can credit the funds in an NRE account and take this money back without any restrictions. The NRI should be a close relative of the borrower. Please check ‘Who is your relative’ for details. The amount of loan should be received by an inward remittance or by debit to the NRE/FCNR account. The loan should be a minimum of 1 year and without any interest. The funds cannot be used for agricultural/plantation/real estate business or for relending. Income: As the loan should be interest-free, no income can be generated. Taxability: As there is no income, there is no tax. Loan from NRIs in Indian rupees or on a non-repatriable basis A resident, not being a company incorporated in India, may borrow in rupees from an NRI on a non- repatriation basis. The period of loan should be 3 years or less and the rate of interest should not exceed 2% over the prevailing bank rate at the time of the loan. The loan has to be utilized for meeting the borrower’s personal requirement or for his business purposes. The funds cannot be used for agricultural/plantation/real estate business or for relending or for investment in shares, securities or immovable property. For example, Ms. Isumati has given an unsecured loan to her father’s firm earning 15% interest. If she goes to the UK for further studies and becomes an NRI, while she may continue with the loan, RBI rules would apply. The funds cannot be used for real estate business and if the bank rate is 10%, she cannot be paid more than 12% interest on her loan. Her father would also need to deduct TDS @ 30.9% on the interest. Income: Income from loans given to residents is interest. Taxability: The interest income on loans given is taxable for NRIs. Loans to NRIs NRIs are allowed to borrow from a bank/authorized
Jigar Patel (NRI Investments and Taxation: A Small Guide for Big Gains)
The Crossover of Averages   Some traders utilize two types of moving averages: fast (e.g. 10 bars) and slow (e.g. 15 bars) averages. With this approach, you must make sure that the number of days you'll use for the slow average is higher than that of the fast one. Here are the principles that you need to remember:   You should acquire more shares from the company if the fast moving average crosses its slow counterpart from below. You need to sell your shares if the fast average crosses the slow one from above.
Zachary D. West (Stocks: Investing and Trading Stocks in the Market - A Beginner's Guide to the Basics of Stock Trading and Making Money in the Market)
Corrupt utility companies require a corrupt legal system to protect them from their own sickened workers and the masses.
Steven Magee
The USA is corrupt in many areas with law enforcement and utility companies being two of those.
Steven Magee
The ripple effect of their new attitude transferred to their customer interactions, improving the customers’ experience with the company, increasing repeat and referral business, which increased everyone’s pride. That simple change over the period of eighteen months did a complete 180 on the company culture. Net profits grew by more than 30 percent during that time, utilizing the same staff and zero additional investment in marketing.
Darren Hardy (The Compound Effect)
There are many small charges that are tacked on to your monthly bill statements, such as credit cards, cable, Internet, utilities, and ATM fees. All of them seem like a small amount, but when you add them up, the total amount wasted each month can be startling. They are the proverbial death of a thousand cuts. By creating a monthly habit to review these bills, you can identify opportunities to reduce or eliminate your recurring expenditures. Description: Once a month, go through each statement and highlight any questionable item. Also, if you feel that you’re spending too much money in a specific category, then earmark that expenditure. You’ll call this company and negotiate a lower price, which we’ll talk about next.
S.J. Scott (Habit Stacking: 127 Small Actions That Take Five Minutes or Less)
recent decades, American utility companies have spent relatively little on research and development. One industry report estimates that, in 2009, research-and-development investments made by all US electrical-power utilities amounted to at most $700 million, compared with $6.3 billion by IBM and $9.1 billion by Pfizer. In 2009, however, the Department of Energy issued $3.4 billion in stimulus grants to a hundred smart-grid projects across the United States, including many in areas that are prone to heat waves and hurricanes.
Eric Klinenberg (Heat Wave: A Social Autopsy of Disaster in Chicago)
screamed night and day, blotted out the starlit skies and Northern Lights with flashing red strobes, slaughtered thousands of bats and entire flocks of birds, banished tourism and wildlife, made people sick and drove them from their now-valueless homes. But though there was very little wind and the turbines made almost no electricity, they made billions in taxpayer-paid subsidies for energy companies and investment banks, some of which trickled down to their fully-owned politicians and “environmental” groups. As I’d learned in previous dealings with WindPower LLC, these turbines did absolutely nothing for global warming. Because wind is so erratic, wind projects must have fulltime fossil fuel plants to back them up, and the result is that wind projects often cause more coal-burning, not less. And the saddest thing is that these billions of dollars wasted on industrial wind projects could be spent on rooftop solar, substantially reducing CO2 generation and fossil fuel use. But the utilities hate rooftop solar, despite what they pretend, because it cuts their income, so they are avidly trying to curtail it.
Mike Bond (Killing Maine (Pono Hawkins, #2))
Existing energy businesses—oil companies, utilities—are obviously hostile to government-sponsored competition. At the same time, they are essentially commodity businesses, without a lot of fat in them. The stock market does not reward even big oil companies for research and development that will take decades to pay off. And the sort of research that might lead to huge changes in energy production often doesn’t pay off for decades.
Michael Lewis (The Fifth Risk: Undoing Democracy)
If you hang out with corrupt utility companies, you must expect to get caught up in their illegal activities!
Steven Magee
There is a willful lack of safety culture in the USA. It is in the Ivy League, research institutions, universities, utility companies, solar power companies, cell phone companies, manufacturing and the government!
Steven Magee
but the truth is that comparing what private equity firms used to be—and where the perception of private equity still sits in many quarters—to what they are now is like comparing a Motorola cellphone from the 1990s to the latest iPhone. There’s a world of differences; it’s not even close. For pension funds and other investors in private equity funds, the firms they back gives them access to investment opportunities they can’t find or execute themselves. What’s more, they get consistent investment returns out of these opportunities, whether they include leveraged buyouts, credit investments, infrastructure assets, essential utilities, real estate transactions, technology deals, natural resources projects, banks, insurance companies, or life science opportunities. They can buy companies, carve out businesses, build up companies through acquisitions and organic growth, spin off businesses, take companies private from the public market, buy businesses from other funds they manage, draw margin loans to finance dividends, and refinance the capital structure pre-exit. And more besides.
Sachin Khajuria (Two and Twenty: How the Masters of Private Equity Always Win)
I find it concerning that a fraudulent and dangerous utility company is operating nuclear reactors in the USA!
Steven Magee
In 1934, Ahmed al-Jaber (r. 1920–50) signed an oil concession agreement with the Kuwait Oil Company, an Anglo-American joint venture.76 Because the agreement was made in Ahmed’s name rather than on behalf of Kuwait (as was common in all Gulf oil concessions), royalties went directly into the hands of the ruler, to be utilized in whatever manner he chose. This arrangement completely transformed the role of the ruling family in Kuwait. The concession guaranteed Ahmed a steady and independent income even before oil was found in commercial quantities in 1938, thereby granting the Al Sabah economic autonomy. Ahmed used the oil income for his own personal gain rather than on the town. He bought large estates abroad and spent money on such luxuries as yachts and palaces.77 For town revenues, the ruler continued to depend on taxes. The
Farah Al-Nakib (Kuwait Transformed: A History of Oil and Urban Life)
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In Boston the financial high ground was held by a dozen banks, insurance companies, and utilities, notably the State Street Bank and Trust, the National Shawmut Bank, the First National Bank of Boston, Eastern Gas and Fuel Associates, and Liberty Mutual Insurance Company. In the late 1950s leaders of these institutions, along with the presidents of major retail stores, including Jordan Marsh and Filene’s, had formed a “Coordinating Committee” ostensibly to link Yankee commerce and the rough-and-tumble world of Boston politics. The committee members held their meetings in the boardroom of the Boston Safe Deposit and Trust Company. Secrecy and discretion were valued above all else; absent members could not send replacements and no minutes were ever kept. The group’s penchant for secrecy and choice of venue for meetings earned them the sobriquet “the Vault” in the local press.
Lawrence Harmon (The Death of an American Jewish Community: A Tragedy of Good Intentions)
FlexGen is a leading energy storage technology company. Leveraging its best-in-class energy management software and power electronics, FlexGen delivers utility-scale storage projects integrated with traditional and renewable power generation globally. Our customers and partners include the most technically and commercially demanding developers, utilities, government agencies, and industrial companies in the world.
FlexGen
I developed my police survival techniques during developing research on utility company corruption.
Steven Magee
If computers of the kind I have advocated become the computers of the future,” he said, “then computation may someday be organized as a public utility, just as the telephone system is a public utility. We can envisage computer service companies whose subscribers are connected to them by telephone lines. Each subscriber needs to pay only for the capacity that he actually uses, but he has access to all programming languages characteristic of a very large system.
M. Mitchell Waldrop (The Dream Machine)
Active investors have a number of options available to them. First, they can decide to make their portfolio more aggressive or more defensive than the index, either on a permanent basis or in an attempt at market timing. If investors choose aggressiveness, for example, they can increase their portfolios’ market sensitivity by overweighting those stocks in the index that typically fluctuate more than the rest, or by utilizing leverage. Doing these things will increase the “systematic” riskiness of a portfolio, its beta. (However, theory says that while this may increase a portfolio’s return, the return differential will be fully explained by the increase in systematic risk borne. Thus doing these things won’t improve the portfolio’s risk-adjusted return.) Second, investors can decide to deviate from the index in order to exploit their stock-picking ability—buying more of some stocks in the index, underweighting or excluding others, and adding some stocks that aren’t part of the index. In doing so they will alter the exposure of their portfolios to specific events that occur at individual companies, and thus to price movements that affect only certain stocks, not the whole index. As the composition of their portfolios diverges from the index for “nonsystematic” (we might say “idiosyncratic”) reasons, their return will deviate as well. In the long run, however, unless the investors have superior insight, these deviations will cancel out, and their risk-adjusted performance will converge with that of the index.
Howard Marks (The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing))
Section 13-2921 - Harassment; classification; definition A. A person commits harassment if, with intent to harass or with knowledge that the person is harassing another person, the person: 1. Anonymously or otherwise contacts, communicates or causes a communication with another person by verbal, electronic, mechanical, telegraphic, telephonic or written means in a manner that harasses. 2. Continues to follow another person in or about a public place for no legitimate purpose after being asked to desist. 3. Repeatedly commits an act or acts that harass another person. 4. Surveils or causes another person to surveil a person for no legitimate purpose. 5. On more than one occasion makes a false report to a law enforcement, credit or social service agency. 6. Interferes with the delivery of any public or regulated utility to a person. B. A person commits harassment against a public officer or employee if the person, with intent to harass, files a nonconsensual lien against any public officer or employee that is not accompanied by an order or a judgment from a court of competent jurisdiction authorizing the filing of the lien or is not issued by a governmental entity or political subdivision or agency pursuant to its statutory authority, a validly licensed utility or water delivery company, a mechanics' lien claimant or an entity created under covenants, conditions, restrictions or declarations affecting real property. C. Harassment under subsection A is a class 1 misdemeanor. Harassment under subsection B is a class 5 felony. D. This section does not apply to an otherwise lawful demonstration, assembly or picketing. E. For the purposes of this section, "harassment" means conduct that is directed at a specific person and that would cause a reasonable person to be seriously alarmed, annoyed or harassed and the conduct in fact seriously alarms, annoys or harasses the person. A.R.S. § 13-2921 Section 13-2921.01 - Aggravated harassment; classification; definition A. A person commits aggravated harassment if the person commits harassment as provided in section 13-2921 and any of the following applies: 1. A court has issued an order of protection or an injunction against harassment against the person and in favor of the victim of harassment and the order or injunction has been served and is still valid. 2. The person has previously been convicted of an offense included in section 13-3601. B. The victim of any previous offense shall be the same as in the present offense. C. A person who violates subsection A, paragraph 1 of this section is guilty of a class 6 felony. A person who commits a second or subsequent violation of subsection A, paragraph 1 of this section is guilty of a class 5 felony. A person who violates subsection A, paragraph 2 of this section is guilty of a class 5 felony. D. For the purposes of this section, "convicted" means a person who was convicted of an offense included in section 13-3601 or who was adjudicated delinquent for conduct that would constitute a historical prior felony conviction if the juvenile had been tried as an adult for an offense included in section 13-3601. A.R.S. § 13-2921.01
Arizona Legislature (ARIZONA REVISED STATUTES TITLE 13 CRIMINAL CODE 2022 EDITION: WEST HARTFORD LEGAL PUBLISHING)
Why is a private utility company that is linked to destroying Lahaina being given $95,000,000 in taxpayer money?
Steven Magee
The company even drew unlikely customers. From rural Arkansas, operating just five comically cheap-looking stores—a rounding error compared with the largest retailers—Sam Walton made his way to an IBM conference for retailers. While he shied away from investing anything in any emotional aspect of retailing, delivering the lowest prices meant mastering logistics and information. To one speaker at the conference, Abe Marks, modern retailing meant knowing exactly “how much merchandise is in the store? What’s selling and what’s not? What is to be ordered, marked down or replaced? . . . The more you turn your inventory, the less capital is required.” Altering his first impression, Marks found that Walton’s simpleton comportment masked his genius as a retailer, eventually calling him the “best utilizer of information that there’s ever been.” A little over two decades later, Sam Walton would become the richest man in America; he would attribute his competitive advantage to his investment in computing systems in his early days. The small-town merchant who expected that knowing his customers’ names or sponsoring the local Little League team would give him some enduring advantage simply didn’t understand the sport. American consumers, technocrats at heart, rewarded efficiency as reflected by the prices on the shelves, not the quaint sentiments of a friendly proprietor. To gain this efficiency, information systems were seen as vital.
Bhu Srinivasan (Americana: A 400-Year History of American Capitalism)
The government telling the public it is hardening the electrical grid is code for free taxpayer money for privately owned electrical utility companies.
Steven Magee
I reported under-staffing and overworking to my electrical utility company employer every day. It remained unchanged until I left.
Steven Magee
I worked for a utility electrical company and I was completely overloaded and overworked! I hated it!
Steven Magee
I find the talk of ‘Hardening’ the electrical grid to be absurd during times of utility company under-staffing and a lack of routine maintenance of the electrical grid.
Steven Magee
The worst understaffed company I worked for was one of the largest electrical utility companies in the USA.
Steven Magee
Castle Surveys Limited are one of the fastest growing multi-disciplinary surveying practices in the UK. We provide specialist surveying services to architects, planning consultants, utility companies, government agencies, engineers, ecologists and various other construction related professionals.
Castle Surveys Ltd
Having worked at a large electrical utility site, I now refuse to work with electrical utility companies due to the extensive negative experiences I had there.
Steven Magee
The most dangerous electrical equipment I ever worked on was at one of the largest electrical utility company’s in the USA!
Steven Magee
As a Chartered Electrical Engineer working for one of the largest electrical utility company’s in the USA, I found I was working in an environment that my training told me was completely abnormal and dangerous!
Steven Magee
Plants looking like they were sunburned on one side was a common report after utility company wireless radiation smart meters were deployed around the world. Similar to sunburn, the smart meters were radiation burning the plants!
Steven Magee
Giving negative cues in response to unsustainable behavior can also play a role, but negative cues should be used with more caution. Negative cues are likely to generate a negative response: a direct challenge, a rebellious continuation of the behavior, or reactance: deliberate thwarting of efforts toward a sustainable alternative. Positive Energy, a company in California that is working with electrical utilities to help people cut back on the energy use, tried out the idea of giving high energy users negative social feedback (a frowning emoticon on their energy bills). It resulted in so many irate telephone calls to the utility that the practice was quickly abandoned.
Christie Manning (The Psychology of Sustainable Behavior)
Plants dying near to utility company wireless radiation smart meters were commonly reported after their deployment around the world.
Steven Magee
For value innovation to be a sustainable strategy, then, the alignment of the company’s utility, price, cost, and people is needed.
W. Chan Kim (Blue Ocean Strategy, Expanded Edition: How to Create Uncontested Market Space and Make the Competition Irrelevant)
Where I live is not the most important issue for me. Utilizing my skills, developing new ones, and advancing my career are really my driving interests, and I've become more and more convinced that this company and this job is a really great fit because of my skills in
Peggy McKee (How to Answer Interview Questions: 101 Tough Interview Questions)
The success of product development and launch strategies for businesses in all industries is greatly influenced by best market research companies in Myanmar. These businesses enable businesses to make informed decisions that drive innovation and market penetration by providing valuable insights into consumer behaviors, market trends, and competitive landscapes. In today's dynamic business environment, it is essential for organizations looking to create competitive products and launch them successfully to comprehend the significance of market research. This article looks at how market research companies play a variety of roles in product development and launch strategies. It emphasizes the importance of working together, making decisions based on data, and taking advantage of market research trends for long-term growth and market leadership. 1. Companies' Introduction to Market Research An Overview of Business Market Research Market research is essential for helping businesses comprehend their market, competition, and customers. To make decisions based on accurate information, it involves gathering and evaluating data. Contribution of best market research companies in Myanmar to Product Development Market research firms are specialized in collecting insights that can be used to inform product development strategies for businesses. They assist in determining the demand for new products, assessing consumer behavior, and identifying market opportunities. 2. Understanding Consumer Needs and Preferences is Critical to Product Development Market research provides businesses with in-depth insights into consumer preferences, needs, and actions. In order to create products that resonate with the intended audience, this understanding is essential. Research can be used to assess market demand and potential, allowing businesses to make decisions about product development based on data. New products' chances of success are boosted while risks are reduced. 3. Utilizing Market Research for Launch Strategies Market Segmentation and Targeting Market research enables businesses to divide their target market into subsets based on behavior, psychographics, and demographics. For a more successful product launch, this segmentation helps tailor marketing strategies to specific consumer groups. Pricing and Positioning Strategies Businesses can figure out the best pricing strategy for their products based on consumer perceptions, competitor pricing, and market trends by conducting market research. Additionally, research aids in effectively positioning products in the market to set them apart from rivals. 4. Collaborating with Market Research Firms Choosing the Right Market Research Partner It is essential to select the right market research partner in order to obtain insights that are both accurate and applicable. Expertise, industry experience, and the capacity to provide insights that are in line with the company's goals should all be taken into account. Creating Effective Research Briefs Businesses should provide their market research partner with concise and in-depth research briefs to maximize the value of the research. A clearly defined brief assists in ensuring that the research is focused, pertinent, and in line with the company's objectives. 5. Studies of Cases: Product Launches That Work: The Importance of Market Research Market research is essential to the success of product launches. We are able to see the direct impact of market research on product development strategies by analyzing real-world examples. Market research companies offer valuable insights that can make or break a product launch, from comprehending consumer preferences to determining market gaps. ### Impact of Market Research on Product Launches Market research has a significant impact on product launches because it ensures that businesses know what their target audience wants and needs. Companies are able to effectively f
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Myanmar Review Exploration: Driving the Manner in which in Statistical surveying and Social Overviews Myanmar Study Exploration is a conspicuous name in the field of top research company in Myanmar, assessments of public sentiment, and social reviews. With a promise to conveying exact and quick information, the organization has laid down a good foundation for itself as a forerunner in the business, taking special care of the different necessities of clients in Myanmar and then some. Statistical surveying Aptitude Myanmar Review Exploration has cut a specialty for itself in the space of statistical surveying. The organization utilizes a scope of techniques to accumulate significant experiences into shopper conduct, market patterns, and industry elements. Through top to bottom investigation and far reaching studies, the group at Myanmar Overview Exploration furnishes organizations with the data they need to settle on informed choices and remain in front of the opposition. Assessments of public sentiment and Social Overviews Notwithstanding top research company in Myanmar, Myanmar Overview Exploration succeeds in gathering information and social studies. These drives are intended to measure general assessment, figure out friendly mentalities, and catch the common feeling on different issues. By utilizing powerful overview procedures and factual investigation, the organization conveys reports that offer a window into the considerations and inclinations of the general population, enabling associations and policymakers to adjust their techniques to the beat of the country. Unrivaled Bits of knowledge What sets Myanmar Review Exploration separated is its resolute obligation to conveying unmatched experiences. The organization's group of experienced specialists and experts guarantees that each venture yields information that isn't just thorough yet additionally noteworthy. By utilizing a mix of subjective and quantitative exploration techniques, Myanmar Overview Exploration can introduce an all encompassing perspective regarding the matters under study, empowering clients to acquire a more profound comprehension of their objective business sectors and crowds. Client-Driven Approach Myanmar Review Exploration values its client-driven approach. The organization perceives that every client is extraordinary, with explicit exploration needs and goals. Thusly, it tailors its examination procedures and announcing arrangements to line up with the necessities of individual clients, guaranteeing that the experiences gave are straightforwardly pertinent and significant. This customized approach has procured Myanmar Overview Exploration the trust and dedication of a different customer base traversing different businesses. Looking Forward As Myanmar's business scene keeps on advancing, the job of exploration and information driven independent direction turns out to be progressively significant. Myanmar Study Exploration stays at the very front of this change, ready to fulfill the developing need for top notch research administrations. With an emphasis on development, precision, and significant knowledge, the organization is strategically set up to keep molding the fate of statistical surveying and social studies in Myanmar and then some. All in all, Myanmar Overview Exploration remains as a guide of greatness in the domain of examination, offering extensive and solid experiences that drive accomplishment for its clients. With a history of greatness and a pledge to remaining on the ball, the organization is set to lead the way in molding informed techniques and choices for organizations and associations across Myanmar.
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experiential commerce, where the basic way in which value is exchanged between customers and companies has shifted from tangible goods and products to intangible services and experiences. In the hearts and minds of hyper-empowered customers, the experiential attributes can now hold equal or greater significance than the functional utility of the core product or service itself.
Wayne Simmons (The Customer Excellence Enterprise: A Playbook for Creating Customers for Life)
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W.A.C. Bennett grew tired of the company’s obstinance. In August 1961, after rumors of a potential takeover had circulated within the province for months, Bennett introduced the Power Development Act into the legislature in order to confiscate BC Electric for C$111.0 million. The bill passed unanimously, allowing the government to seize control of the utility. The move was highly controversial, sparking an uproar within the business press, with some overly dramatic papers even labeling Bennett a dictator. In an unfortunate coincidence, the head of British Columbia Power and BC Electric, A.E. “Dal” Grauer, had passed away a few days earlier, and his funeral transpired on the very same day the government took over the company he had led.184 In addition to taking BC Electric, the bill offered to buy the rest of BC Power for C$68.6 million, with interest accruing on this amount until the offer expired at the end of July 1963. Combined with the C$111.0 million paid for BC Electric, this offer would result in a total payment for all of BC Power’s operations of C$179.6 million—or the equivalent of C$38.00 per share. Bennett justified this price by highlighting that the proposal was a premium to the C$34.75 price the shares sold for the day before the expropriation.185 While the combined price of C$38.00 per share was reasonable, the valuation for the constituent parts was peculiar. The C$111.0 million price for BC Electric matched its paid-in capital but ignored the other C$28.6 million of common book equity. And this amount sidestepped the debate over whether book value was even an appropriate methodology for the utility in the first place. The C$68.6 million price for the rest of BC Power’s assets was even odder since these remnant assets generated no income and were carried on the balance sheet at only C$4.0 million. This was a clear overpayment for the holding company’s assets, proposed to entice it into consenting to the BC Electric takeover.186 Predictably, BC Power did not stand idly by. After preliminary attempts to negotiate a higher price were thwarted, the company took action in the Supreme Court of British Columbia on November 13, 1961. BC Power sought rulings on the validity of the initial Act, the right to additional compensation, and the convertibility feature of debentures issued by BC Electric (more on this last point in the next section).187 While the parties awaited trial, the government took additional steps to further entrench the takeover. At the end of March 1962—nearly eight months after the original seizure—the British Columbia legislature passed two new statutes. The first was the province’s amendment of the Power Development Act, which paid an additional C$60.8 million to BC Power for BC Electric and eliminated the offer for the rest of the parent company’s assets. Table 1 shows that the amendment didn’t significantly alter the total compensation. But the new consideration was a more realistic number for BC Electric and solved for the peculiar offer for the remaining assets, which BC Power would now have to sell themselves.
Brett Gardner (Buffett's Early Investments: A new investigation into the decades when Warren Buffett earned his best returns)
But the company had some additional items besides the net cash. Buffett noted the outstanding tickets. All sold—but unused—tickets were a liability; they were a form of deferred revenue. The company had received the cash, but the tickets were not yet redeemed. The value of this liability remained unchanged from 1952 to 1953, suggesting the tickets were very unlikely to be utilized. Plus, since the marginal cost of an additional passenger was zero, no cash expenditure would be incurred even if a passenger used the ticket. Therefore, it was appropriate to treat the cash as ‘earned’ and to write the liability down to zero, adding another $1.61 of value. Then there were the long-term assets. While the property and equipment might be worth less than their value on the company’s books, special deposits and insurance trusts had real value that would likely be released over time. These two items would add another $53.72 of value. With the stock trading below net cash, these assets were all gravy.
Brett Gardner (Buffett's Early Investments: A new investigation into the decades when Warren Buffett earned his best returns)
The stock was an obvious bargain—anyone looking at the Moody’s Manuals could tell it was cheap. But this was a small company, and its stock was hard to find. Even Buffett, with a net worth of around $100,000 at this point, had to be resourceful to source enough shares to build a meaningful position. So he ran ads in the local newspaper to find holders that would sell to him. But the company knew its stock was cheap, and it ran competing ads. Since Union Street Railway was a public utility, Buffett was eventually able to get the list of largest shareholders from the Massachusetts public utility commission. These efforts allowed him to source 576 shares, 3.1% of the company’s 1953 shares outstanding.
Brett Gardner (Buffett's Early Investments: A new investigation into the decades when Warren Buffett earned his best returns)
Table 1: Change in compensation Source: British Columbia Power, 1962 annual report. Figures in thousands other than per share data. The second key legislation was the British Columbia Hydro and Power Authority Act. This act merged the British Columbia Power Commission, a government-owned public utility that served smaller communities unserved by BC Electric, with BC Electric into a single corporation named the British Columbia Hydro and Power Authority. This maneuver cemented the two entities together, creating an additional complication if the Court later reversed the takeover.188 With the Amending Act payment in hand, BC Power had cash—less all liabilities—of C$19.30 per share. The stock sold for less than this, closing at C$16.75 the day after the payment and then fluctuated around this number over the coming months.189 At this price, the stock traded at a 13.2% discount to net cash, held around C$2.10 of additional assets, and possessed continued upside if litigation went the company’s way.
Brett Gardner (Buffett's Early Investments: A new investigation into the decades when Warren Buffett earned his best returns)
Lync has its title altered. And so what sort of computer software is it now? Well, it is identified as Lync Mac Business. The particular motive for carrying this out is a need to combine the familiar experience and level of popularity from consumers associated with Lync Mac along with security regarding Lync as well as control feature set. Yet another thing which Lync has got influenced in this specific new version of Lync happens to be the transformation associated with particular graphical user interface aspects which are used in the popular program of Lync Mac. It has been chose to utilize the same icons as in Lync as an alternative to attempting to make new things. Microsoft Company furthermore included the particular call monitor screen which happens to be applied within Lync in order that consumers could preserve an active call seen inside a small display when customers happen to be focusing on yet another program. It is additionally essential to point out that absolutely no features which were obtainable in Lync are already eliminated. And you should additionally understand that Lync Mac happens to be nevertheless utilizing the foundation regarding Lync. And it is very good that the actual software is nevertheless operating on the previous foundation since it happens to be known for the security. However what helps make Lync Mac a great choice if perhaps you're searching for an immediate texting software? There are a wide range of advantages which this particular application has got and we'll have a look at a few of these. Changing from instantaneous messaging towards document sharing won't take a great deal of time. Essentially, it provides a flawless incorporation associated with the software program. An improved data transfer administration is yet another factor that you'll be in a position enjoy from this program. Network supervisors can assign bandwidth, limit people and also split video and audio streams throughout each application and control the effect of bandwidth. In case you aren't making use of Microsoft Windows operating system and prefer Lync in that case possibly you're concerned that you will not be able to utilize this particular application or it is going to possess some constraints? The reply happens to be no. As we've talked about many times currently, Lync is currently best-known as being Lync For Mac Business .There is nothing that is actually extracted from the main edition therefore the full functionality is actually offered for you. And it is certainly great to understand the fact that Lync that we should simply call Lync For Mac version is actually capable to provide you all the characteristics which you'll need. If you happen to be trying to find a fantastic application for your own organization, in that case this is the one particular you are in search of Lync For Mac which will still be acknowledged as being Lync for a long period edition is actually competent to present you with everything that is actually necessary for your organization even if you decided to not utilize Microsoft operating system. Know about more detail please visit lyncmac.com
Addan smith
A company can begin to determine its product’s habit-forming potential by plotting two factors: frequency (how often the behavior occurs) and perceived utility (how useful and rewarding the behavior is in the user’s mind over alternative solutions).
Nir Eyal (Hooked: How to Build Habit-Forming Products)
When I was a child, I enjoyed thinking about the future, and especially loved to imagine flying around in one of those cool bubble cars I’d seen on The Jetsons cartoons. Here we are, fifty years later, and we have the same gas- and oil-guzzling motor vehicles, the same basic planes, the same trains, the same utility companies to monitor and charge for our electricity, gas, and water usage. Jimmy Carter talked a lot about new sources of energy back in the 1970s. So did some of the hippies. And yet, decades later, there has been little progression on this front.
Donald Jeffries (Hidden History: An Exposé of Modern Crimes, Conspiracies, and Cover-Ups in American Politics)
The long term health effects from utility company smart meters present a far greater risk to the general population than terrorism in the USA.
Steven Magee (Electrical Forensics)
A dumb electric meter adds up all of the kWh used over the course of a month regardless of when that power was made and how much it cost to make. Some homes use a lot of power during the expensive mid-day period, while others use most of their power at night. If those two homes used the same monthly total number of kWh, and they had a dumb meter, the power company has to charge them the same amount for monthly service because it doesn’t know when each house was using power. An executive I know likens this to weighing your grocery cart when you check out at the supermarket and charging you per pound of groceries in the cart, without prices for any of the specific items you chose to buy that day, whether it be caviar or pet food.
Peter Fox-Penner (Smart Power Anniversary Edition: Climate Change, the Smart Grid, and the Future of Electric Utilities)
Obama was apparently relying, at least in part, on intelligence disclosed more than a year earlier by a senior CIA official who, according to the Wall Street Journal, “told a meeting of utility company representatives in New Orleans that a cyberattack had taken out power equipment in multiple regions outside the U.S.”47 Later that year, CBS News identified one of the countries involved as Brazil, which reportedly suffered a series of attacks, one of which “affected more than three million people in dozens of cities over a two-day period” and knocked the world’s largest iron ore producer off-line, costing that company alone $7 million. The utility’s later assertion that the blackouts were caused by routine maintenance failures are difficult to credit.
Joel Brenner (Glass Houses: Privacy, Secrecy, and Cyber Insecurity in a Transparent World)
Cash is the oxygen that fuels growth. And the cash conversion cycle (CCC) is a key performance indicator (KPI) that measures how long it takes for a dollar spent on anything (rent, utilities, marketing, payroll, etc.) to make its way through your business and back into your pocket. In
Verne Harnish (Scaling Up: How a Few Companies Make It...and Why the Rest Don't (Rockefeller Habits 2.0))
RoE is a seriously misleading measure of profitability. For businesses that are not very capital-intensive – such as asset management, or other professional service firms such as accountants – high returns on equity are achievable because the capital requirement is so small. Capital-intensive businesses – in the modern economy they are principally banks, utilities and resource companies – can achieve high returns on equity only through extreme leverage, as Deutsche Bank did.
John Kay (Other People's Money: Masters of the Universe or Servants of the People?)
You know that when a utility company is going down the fantasy route, they are likely hiding some illegal activity that they are engaging in. Fabricating fictional stories to their government regulator is just one of the many illegal activities that they engage in.
Steven Magee (Curing Electromagnetic Hypersensitivity)
With the steady drop in the price of renewable energy and efficiency, “it now costs the same to destroy the climate or save it,” said Harvey. “The price is basically the same, but at the micro scale there will be different winners and losers.” Coal and oil companies and traditional utilities will lose out. Wind, solar, hydro, nuclear, and efficient and distributed energy purveyors will win. “At the macro scale, though, the whole world will win or the whole planet will lose. The impact will hit every generation going forward and will not respect national boundaries in the least.” It
Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
In Milwaukee and across the nation, most renters were responsible for keeping the lights and heat on, but that had become increasingly difficult to do. Since 2000, the cost of fuels and utilities had risen by more than 50 percent, thanks to increasing global demand and the expiration of price caps. In a typical year, almost 1 in 5 poor renting families nationwide missed payments and received a disconnection notice from their utility company.4 Families who couldn’t both make rent and keep current with the utility company sometimes paid a cousin or neighbor to reroute the meter. As much as $6 billion worth of power was pirated across America every year. Only cars and credit cards got stolen more.5 Stealing gas was much more difficult and rare. It was also unnecessary in the wintertime, when the city put a moratorium on disconnections. On that April day when the moratorium lifted, gas operators returned to poor neighborhoods with their stacks of disconnection notices and toolboxes. We Energies disconnected roughly 50,000 households each year for nonpayment. Many tenants who in the winter stayed current on their rent at the expense of their heating bill tried in the summer to climb back in the black with the utility company by shorting their landlord. Come the following winter, they had to be connected to benefit from the moratorium on disconnection. So every year in Milwaukee evictions spiked in the summer and early fall and dipped again in November, when the moratorium began.
Matthew Desmond (Evicted: Poverty and Profit in the American City)
The fraudulent electrical utility company in conjunction with the corrupt sheriff taught me that an Englishman's home is not his castle
Steven Magee
An electrical utility company that blatantly lies to law enforcement about an electrical fraud researcher would be considered suicidal by many people.
Steven Magee
The corporate government is heavily influenced by the utility company cartel.
Steven Magee