Why Isn't Pat Quinn Running for Gov?
Anyone read today's Sun Times? Get a load of what Quinn is doing:
- ComEd says it could go bankrupt if it isn't allowed to hike electric bills next year. But Lt. Gov. Pat Quinn, who is outing the salaries of ComEd's top executives, isn't so sure. The soaring rates that could sock homeowners and businesses alike on Jan. 1 have got nothing on the upper-echelon salaries of ComEd and its parent company, Exelon, says Quinn.
The maverick politician today plans to release records he obtained showing ComEd and Exelon's top five executives rake in almost $50 million in salaries, stock options and perks each year.
The utility, which hasn't increased electric rates in nine years, has maintained it could lose $1.4 billion if Illinois doesn't lift the electric rate freeze next year.
But since 1997, Quinn says, the company has seen a 320 percent increase in its profits.
This should be an entertaining week once all of Quinn's information becomes public. The way ComEd and Exelon run things is an anathema to the free market system. Real competition in Illinois would see a rate drop of significant percentages.
posted by SCC at 8:47 AM
33 Comments:
Yes I agree, Com Ed will loose 1.4 billion in profits if the rates are not raised.
What they are not telling you is ComEd made 15 billion in profits over the last 7 years.
ComEd already charges Nothern Illinos the highest electric rates in the country. They also spend the least in infrastructure inprovments.
The Execs and stock holders are RICH, Very rich.
Looks like their is a mayor daley in every corrupt corporation.
I also heard that many are still going to vote for Our present idiot governor.
Their thinking is... get him re-elected then soon after he gets endicted. Then Quinn is our new Governor. Not bad thinking!!
They should "out" every single scumbag CEO that cries "poor" when it comes to cutting into their time at the islands.
Emil Jones, Blago politicians bought and sold and owing to wealthy Com Ed/Exelon, employees supporting the Pol's and add the political positioning games for themselves and affiliated for continual power..Disgusting GREED!
Seeing Quinn pull up in a Limo, priceless. Great move of shock and awe. Can you imagine 50 personal family trips in a helicopter just for flying fun. Doesn't Com Ed know were suppose to be conserving fuel.
Daley is supporting this rate hike, with anger management courses needed. Here's part of what he wants, they better work it out and mentioned his bargaining chip a 1 yr. rate freeze. (WTH)What about Rugai as Chair of Public Utilities she votes along with Daley. Alderperps are up for election and ALL should pay the price. I say throw um ALL in the pot and let it burn dry.
Magigan and Jones have people lined up for elected positions and Madigan is remarkably calling for a session which would help Madigans people with more time but create problems for Jones people. Toe to toe for spot positioning. Jones may then keep the vote from going forward. Madigan refused a session over the summer regarding the high gas prices, classic!
There are already 30 elected officials signed to the rate hike issue ala Blago lying and saying there's yet enough votes but the timing of the election and rate hike is making them all shake and more are willing to follow, unbelievable. The words Whore's and Pimp's comes to mind..
Pat Quinn for MAYOR
Daley fears loss of Exelon HQ over electric rate battle
'I'm concerned about keeping Exelon here': mayor
(Crain’s) — Mayor Richard Daley, reacting to the ongoing legislative battle over electric rates in Springfield, expressed fear Thursday that a bad outcome for Commonwealth Edison Co. would induce its parent, Exelon Corp., to leave Chicago.
“I’m concerned about keeping Exelon here,” the mayor said in a meeting with Crain’s editorial board to discuss the city’s 2007 budget. “It’s a Pennsylvania company.”
The mayor was referring to the merger of former ComEd parent Unicom Corp. and Philadelphia-based Peco Energy Co. that formed Exelon in 2000.
Just six of Exelon’s 15 board members are Chicagoans. The rest are Pennsylvanians or former directors of Peco.
After this follows his irritation with Madigan.
Off Topic, I apologize, but I feel this is important....
Does anyone know the name of the useless P.O.S. copper who got sparred last week for not going to a 10-1....
Claimed he was on a job....
NOT....
Claimed he went there....
NOT....
NIETHER EXCUSE IS VALID IN MY MIND....
Kudos to the Sgt. who had the balls to call him on it....
P.O.S. has over 10 years on....
Thank you I will hang up and stop venting....
Off topic, but I think of Daley on this one and his call for Safe Haven Chicago. Excuse me, need the rant, thank you for reading.
Illegal Elvira Arellano, you know the one holed up in the store front church.
Has filed a Nationwide, yes U.S. Class Action lawsuit to stop deportation of (PARENTS) of what she says are U.S. citizen children aka anchor babies born here in good old USA.
Try this one on for size, the lawsuit is based on A FORM OF (CHILD ABUSE) and her son the 7 yr. old minor went to Washington as a spokesperson to try and meet with the President. (HUH) talk about abuse and using her own child once again. Where is child services for her continual sanctioned mental abuse. The child talks like their taking Mommy away from me, HUH, again? He's being brain washed and used by his own mother at the same time in a church none the less. Boy religion has changed!
Is this non profit church involved deeply in politics or not? Isn't that against their ability to operate as a non profit church? All of her political interviews come directly out of and within the confines of the church's interior. Will someone turn their electricity off permanently please.
You're second guessing everyone nowadays !!
when are the sgt test results coming out?
are there anymore questions that they will get rid of to help others out?
when will there be a legit test?
P Diddy shoots up New York and Daley names a day for him.
What about all the senseless gun violencs Daley rallies against?
Puff Daddy = pot head
Four months now and counting for the Sgt Test results.
I know 35/Michigan has to get its pencils and erasers and whack up the list but come on!
FOP anything to report here??
Anyone catch the Sun-Times cover story on Obama today?
When will the hype of this guy end? When last I checked he has only been in politics for two years. Between writing two books, going on Oprah, traveling to Africa, etc, when I ask has he had time to represent the people of Illinois?
Run for President in 2008? You must be joking. The sad thing is millions of Oprah's liberal white-housewife minions would vote for him because he is black and because he speaks so well. That is not a racist comment, it is the truth.
It's not like he has a record or experience to run on.
Can anyone get access to his voting record in Congress? It seems like he has no time to be a Senator as he is too busy being a rock star.
How many people live in Illinois? Do you mean to tell me we don't have two opponents other then Blago or Topinka to run for governor? I know Pat Quinn would be a welcome addition over those two other shmuks. Holy mackeral, unbelievable.
to: 10/15/2006 05:18:51 PM
The Sgts List Will not come out until the first of the year. there will be one more small class off this list. In the next 30 or so on the list there are some connected people and some non-White males. The last class will be very racially balanced. Then the results will appear.
Before my reserve unit shipped to Iraq he came to the drill center to wish us luck, and when we returned he was one of the first to thank us. He stayed in person to explain all of the veteran benefits. He seemed like a good man.
If you remember Illinois didn't have a GOP runner for governor the last time and recruited some black guy from another state who quickly established residence in a south suburb so he can run....what was his name? Why can't this state get some high-end, non-corrupt leaders in either party? Judy will be my pick only because she appears to be the best of the worst.
Pat Quinn or Claypool for mayor. Time to oust the Daley regime.
any news on the dics list its only 20% mertorious so its the most legit test we have left.. Dont censor this one too, its an honest question for those not connected who took the test after spending more than 2 hrs the night before going over material...
What a joke if they make another class. Did our great union bargain everything away, even to not have any say when a test result must be released or did they folllow suit with free medical for life, Hope they cut a sweet deal for themselves because they sure shafted the rest of our "FRATERNAL" organization..
Your commenmt has been saved and will be visible after blog owner (gets approval from the city in exchange for not pursuing CR against said owner) I mean approves comment. Boy some experiment in free speach. Used to be 40 plus comments on any 1 topic I guess we all have a price . See you in a few when I join the KMA club will start real copper blog
enough of the posers...
The copper was from 019 who did not respond to the 10-1 and yes I agree with you, he should be sparred, shit he should be fired. The Sgt. passed him going the other way when the Sgt. was on the way to the 10-1. DISGUSTING!
10/15/2006 09:41:41 PM
If you remember Illinois did have a GOP runner for governor the last time and his name was Jim Ryan, the outgoing IL Attorney General who gave up his seat to run for governor.
LEFT IS THE BEST'S support for Pat Quinn is all I need to know about the man.
Just another socialist, whichever way the wind blows, air head leftist politician!
I wonder when Obama will become a Rev?
Your commenmt has been saved and will be visible after blog owner (gets approval from the city in exchange for not pursuing CR against said owner) I mean approves comment. Boy some experiment in free speach. Used to be 40 plus comments on any 1 topic I guess we all have a price . See you in a few when I join the KMA club will start real copper blog
enough of the posers...
First of all, it's been a long time since we were scared about getting a CR number. If you read our archives, we've cited case law and such that would back our position that the City would have a hard time penalizing us for what we do off duty from our own computers. We stay anonymous because we could still lose spots and options we have for our career.
Second, the Constitution readers "Congress shall make no law" abridging free speech - it doesn't say anything about SCC. We make the rules we like.
Third, there are still around 40 comments on most threads - the only reason it doesn't get there faster is that we've managed to reduce the number of nonsense posts by 90% or so. Sorry for making your job of not having to wade through the garbage easier.
Fourth, for all your bravado about wanting a "real" coppers blog, why wait until you're KMA? Oh yeah, there might be penalties! The exact reason we monitor, censor, and choose to run our site the way we do.
to 5:53 Am.M. thanks SCC for this blog! anoyone else with a better idea can start they own if they have the kahunas
Govenor this guy should be President or at least Mayor of chicago. the other day he was at State of Illinois building drove himself no "Bodyguards" carried his own bags what a "Normal" guy no heir about him! He would never get it because the "Combine" want people like themselves!
Commonwealth Edison is a monopoly. They own the power distribution system, and any 'competitor' would have to compensate them for its use. There is no sane way to have 50 sets of power lines, transformers and such up and down every alleyway for competing companies. Electric utilities will always be monopolies, to have some fake competition to avoid regulation and claim it is competiciton is fallacy. As a monopoly, it has to be regulated to prevent rape of the consumers. It would be great if there could be true competition, but with the distribution system owned by, or a subsidiary of, the same company that sells the power that is not possible, even for the generation part of it.
Pat Quinn is a total phony Liberal/socialist. He tells the public whatever thay want to hear at the moment. Mr. "man of the peope" has been at the public tit like forever.
I have only had one of my posts not make the blog, and I understood the reason, edited my post to delete name calling and voila it was posted l8r that day. "KMA boy is a tool
SCC keep fighting the good fight---it gets better every week. I love the critiques of the department.
CHUBKO must be stopped
Obama is great!
I hope he goes far!
I also hope Daley, Jr. is fragged over in Iraq.
<< Home