Marissa Gillett Credit Yehyun Kim ctmirror.org A Hartford paper on Wednesday led with a story titled “ A grim outlook for more utilities .” The utilities in Connecticut are energy distributors, not energy producers. Their operations are overseen by PURA, the Connecticut Public Utility Regulation Authority. “Overseen” certainly is too weak a word. PURA exercises life and death powers over Connecticut utilities because the oversight agency, under the direction of PURA Chairman Marisa Gillett, is able to deny energy distributers cost increases that, like all business taxes, are passed along to its customers – virtually everyone in Connecticut. Three principal rating agencies have downgraded Connecticut’s energy distributors and, as the paper headline suggests, this news is “grim” for both energy consumers and energy distributors. A rating downgrade increases prices because it increases the cost of borrowing money. Companies borrow money t...
Victor Davis Hanson “Years ago,” Victor Davis Hanson tells us in his latest column, “[President Barack] Obama invited the Russians into Syria, empowered dictatorial Syria, berated Israel nonstop and all but ignored the violence of Iran’s surrogate terrorists: Hamas, Hezbollah, and the Houthis. “But after Oct. 7, Israel retaliated to the mass slaughter of Jewish civilians with all-out war against Hamas and Hezbollah — rendering these once-feared terrorists nearly impotent.”And then, hauling us before a present historical tribune, he notes, “The 2024 anemic Democratic campaign and the Trump Electoral College and popular-vote victories — combined with record defections of Hispanic and African-American voters from the Democratic Party to Trump — proved a resounding rejection of the Obama legacy and his surrogates’ left-wing visions.” This is, to be sure, fairly rough handling, but then history is a rough handler, and Hanson’s view of Obama’s “lost mystique” likely is ...