[Ed. – Because government is better at running things than the private sector — especially government overseen by this buffoon.]
After two major power failures involving Consolidated Edison Inc. in eight days, New York Mayor Bill de Blasio is suggesting that the government take over the investor-owned utility.
“We don’t depend on a private company for water or for policing or for fire protection,” de Blasio said at a press conference Monday. “If they can’t handle the job, it’s time to look at new alternatives.”
The company that serves the most-populous U.S. city is facing mounting criticism. An equipment failure on July 13 left 72,000 customers on Manhattan’s West Side without power. Days later, as the U.S. East Coast braced for a heat wave, the firm sought to reassure the city that its system was ready. It wasn’t, and instead ConEd was forced to shut off power in parts of New York to prevent damage to its equipment.