Yesterday, we posted an item about planned NYPA rate hikes after the authority had agreed to ship $500 million to the state budget.
Now, with criticism mounting, The Buffalo News reports this morning that the authority may be backing away from its rate increase.
In an e-mail entitled "rate cancel advisory," the power authority scheduled a news conference for this afternoon at the Niagara Power Project for what the e-mail would only say involves "an announcement related to hydropower rates."
...
The development follows a statement from Gov. David A. Paterson Monday that the power authority should halt both a planned rate hike for upstate electricity consumers and any plans to give its 1,500 workers salary bonuses, Monday.
Now if we could just get the NYPA do to something about those 200 Google jobs it cost WNY.
Just another AIG in the works
Just another AIG in the works here. We have to draw a line somewhere. All this Bailout and stimulus money has got them excited and panicing. Their all trying to grab what they think is a piece of their pie. Sad to see how selfish some are. I cant believe they were going to get bonuses. UNREAL
Karen - comparing the 2 is
Karen - comparing the 2 is like comparing apples to oranges. NYPA did not get any bailout money like AIG did. I would like to see them forego bonuses and keep the rates steady also but to compare them to AIG is just not accurate. Also, you state "All this stimulus money has got them excited and panicing (sic)". Neither AIG or NYPA got stimulus money. The stimulus is completely separate from the bank bailout.
Whatever, bailouts,Stimulus.
Whatever, bailouts,Stimulus. The fact of the matter is that some of them are taking advantage. Its like kicking the taxpayer when they're down. Alot of these people{NOT ALL} are just plain busted, and are crooked as a 3 dollar bill. IN MY OPINION
oops.
oops.