EldVrangr

EldVrangr t1_jbunvot wrote

> The Pine Tree Power Company is not permitted to use general obligation bonds or tax dollars of the State. The company finances itself by issuing debt against its future revenues to purchase the facilities of investor-owned electric transmission and distribution utilities in the State.

This is a direct quote from the initiative petition. Basically a mortgage secured by the revenue generated by the non-profit.

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EldVrangr t1_j7k849x wrote

Reply to comment by birdfriend206 in Yuhp by QuiGonLogan

Look Muthah someone tried wrapping ther cah round that damn pole at the Walmaht again. Jeezum crow that's gotta be the third time this week!

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