Articles of Interest:
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TIME IS RUNNING OUT TAKE ACTION NOW!!
A group of foreign investors, led by Macquarie Bank of Australia, is seeking to purchase Puget Sound Energy, and since it will be a privately owned corporation, the details of its operations will not be available to the public.
Many citizens are concerned about Macquarie's
STOP PUGET SOUND ENERGY FROM SELLING OUR RESOURCES TO FORGEIN INVESTORS. TIME IS RUNNING OUT TAKE ACTION NOW.
and accounting practices with the potential for problems they could cause. Concerns include the possibility that:
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PSE's infrastructure could fall into disrepair or be sold off
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PSE's rates could increase faster than the cost of energy
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Buyout of our water utilities and other infrastructure could be next
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Economic growth and job security could be jeopardized throughout Washington State
Macquarie's Past
Comments made by informed observers in the wake of previous Macquarie deals:
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In The Guardian (London, UK), Will Hutton quotes on unnamed Australian executive as saying that Macquarie's approach is to "hollow what it holds and walk away".
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In 2002, Australia's electricity code administrator accused a Macquarie subsidiary of minimizing power output solely for the purpose of maximizing profits.
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In the July 2007 edition of the The Monthly, Australian journalist Gideon Haigh stated that Macquarie is in "the business of privatizing mature businesses and ratcheting up their returns with liberal applications of debt".
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Time is running out FAST.
Here's what You can Do Now! |
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| 1. |
Click the link below to send an email to the Utilities Commission. |
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| 2. |
Be a citizen activist and let others know
and inform them about the “Take Over” of Puget Sound Energy
and distribute them around your neighborhood, and to Friends and Family.
also:
Go to one of these Utilities and Transportation Commissionmeetings and tell them to Stop the Takeover
- 6:30PM, May 15th at Bellevue Community College, Room 130B, 3000 Landerhom Circle SE, Bellevue
- 6:30PM, May 20th at Bellingham Senior Activity Center, 315 Halleck Street, Bellingham
- 6:30PM, June 4th at WUTC Offices, 1300 South Evergreen Park Drive SW, Olympia
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DON'T BE BASHFUL |
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| 3. |
IF YOU'VE GOT SOMETHING TO SAY ABOUT THE PSE TAKEOVER ...
SAY IT ON TV21
11:30 am | Tuesdays
County Commissioners Hearing Room
1800 Continental Place | Mount Vernon
>> Arrive a few minutes early so you can sign up to speak. <<
[ View Comment sessions on link bellow ]
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| 4. |
Write a letter to the editor . Skagit Valley Herald and other Local local news
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Get Motivated and Listen to a very informative half hour radio interview with Ed Jenkins.
from Speak Up! Speak Out!
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