Comments on: NYSEG Selling Out to Foreign Ownership http://rssbinghamton.com/nyseg-selling-out-to-foreign-ownership/ A conservative voice crying in the liberal wilderness of Greater Binghamton, NY Mon, 08 Nov 2010 12:19:35 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Sale of NYSEG to Spanish Company Iberdrola Hits Big Roadblock : RSSBinghamton.com http://rssbinghamton.com/nyseg-selling-out-to-foreign-ownership/comment-page-1/#comment-207 Sale of NYSEG to Spanish Company Iberdrola Hits Big Roadblock : RSSBinghamton.com Sat, 19 Jan 2008 13:45:08 +0000 http://rssbinghamton.com/nyseg-selling-out-to-foreign-ownership/#comment-207 [...] like roads, bridges, ports and power companies should NEVER be sold to a foreign interest (see my previous post on this). It’s a homeland security thing. We need to protect our country. This is the United States [...] [...] like roads, bridges, ports and power companies should NEVER be sold to a foreign interest (see my previous post on this). It’s a homeland security thing. We need to protect our country. This is the United States [...]

]]> By: Jim Willis http://rssbinghamton.com/nyseg-selling-out-to-foreign-ownership/comment-page-1/#comment-47 Jim Willis Mon, 26 Nov 2007 11:51:35 +0000 http://rssbinghamton.com/nyseg-selling-out-to-foreign-ownership/#comment-47 Fred, thanks for this excellent comment! I was not aware of how much the CEO would make--I only knew (from having seen it before so many times with other large companies) that he would make a large sum. I was also not aware of NiMO. What a shame. You're absolutely right--where is the outrage by our representatives? How about Maurice Hinchey as well? He's our congressman--but so far, not a peep. I wonder if Energy East has contributed to the campaigns of any of these people? Fred, thanks for this excellent comment! I was not aware of how much the CEO would make–I only knew (from having seen it before so many times with other large companies) that he would make a large sum. I was also not aware of NiMO. What a shame.

You’re absolutely right–where is the outrage by our representatives? How about Maurice Hinchey as well? He’s our congressman–but so far, not a peep. I wonder if Energy East has contributed to the campaigns of any of these people?

]]> By: Fred Sturzenbecher http://rssbinghamton.com/nyseg-selling-out-to-foreign-ownership/comment-page-1/#comment-41 Fred Sturzenbecher Mon, 26 Nov 2007 00:05:59 +0000 http://rssbinghamton.com/nyseg-selling-out-to-foreign-ownership/#comment-41 I have to agree with Jim Willis' comments. Niagara Mohawk sold out to a foreign company a few years back and after this deal, almost all of upstate New York utilities will be controlled by foreign interests. Most of the utility stock is held by funds which have no interest in anything except making a good profit. The executive branch likes the deal because they make out like bandits. The CEO of Energy East stands to get 25 million dollars in personal compensation on the deal, and he still keeps his job. Where are our congressmen and senators? One is too busy running for President to notice what is happening in the state, and I haven't heard a word about it from the other one. I have to agree with Jim Willis’ comments. Niagara Mohawk sold out to a foreign company a few years back and after this deal, almost all of upstate New York utilities will be controlled by foreign interests. Most of the utility stock is held by funds which have no interest in anything except making a good profit. The executive branch likes the deal because they make out like bandits. The CEO of Energy East stands to get 25 million dollars in personal compensation on the deal, and he still keeps his job. Where are our congressmen and senators? One is too busy running for President to notice what is happening in the state, and I haven’t heard a word about it from the other one.

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