#1 Occupy Wall Street protests reach High Point11-02-2011, 01:20 AMThe demonstrations against corporate excess, which have taken place nationwide with greater frequency in recent weeks, arrived in the city because of a hearing at High Point City Hall over a proposed Duke Energy Corp. electric rate hike. About 150 people, many of them with the Occupy Greensboro and Occupy Winston-Salem groups, packed the High Point City Council chambers to protest the request that could lead to a 17 percent rate hike for Triad Duke customers.
The hearing was one of a series taking place across the state on the request. Duke filed a request with the North Carolina Utilities Commission to increase electric rates by approximately $646 million. The utility argues it needs the increase to recoup capital costs, such as spending $4.8 billion since 2009 on modernizing its power system and complying with environmental regulations. If approved, new rates for Duke customers would take effect in February.
Even before the protest by the Occupy demonstrators Thursday, Duke faced vigorous opposition from consumer groups over the rate hike proposal. The commission should make a decision in January on the request.
Demonstrators against the proposal showed up more than a half an hour before the hearing. Todd Warren with Occupy Greensboro, in an interview with The High Point Enterprise before the hearing, echoed many of the sentiments expressed by opponents.
"Here we are in one of the worst recessions in memory, and you have a company I think of as a monopoly talking about a rate increase. It amounts to a regressive tax on the poor. It just seems outrageous when folks are struggling to keep a job," Warren said.
How dare these people want to keep more of their own money instead of having to keep giving it needlessly to a monopoly. They clearly hate the rich. Stupid commies. How dare they want to keep more of their own money or want to keep their electricity.
11-02-2011, 01:39 AM
OMG! A "tax" in the midst of a recession? How evil.........
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11-02-2011, 01:48 AM
This is actually their point. While you all don't appear to favor *any* tax increases on the rich (many of which are already on welfare through bailouts), you actually favor taxing the crap out of the poor. And THAT is actually the OWS argument.
BTW guys, I'm not an OWS supporter. I'm not a supporter because some of the main leaders make all rich people out to be evil and I know better. I also think that taxing corporations too much will lead out to jobloss. But in all honesty, I think they're making some valid points.
11-02-2011, 01:51 AM
- Join Date
- Sep 2011
Your first mistake is thinking it's "their" electricity. It isn't. It is coming from the ones who make it.
11-02-2011, 01:29 PM
It costs what it costs, dipshits. Do you think Scrooge McDuck is going to open the money bin to make up the costs of all the high-end environmental compliance you demand? There are only two places it can come from if you want the damn' power, either directly in the rates or indiirectly in your taxes.
11-02-2011, 02:16 PMThe Obama Administration: Deny. Deflect. Blame.
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Liberalism Is The Philosophy Of The Stupid
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The libs/dems of today are the Quislings of former years. The cowards who would vote a fraud into office in exchange for handouts from the devil.
11-02-2011, 05:38 PM
Truth is while you all scream and scream on behalf of the rich when a tax comes up, you all do not lift one finger for the poor and the middle class in situations like this. It's okay to keep taking their money.
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