the death of another FDR Act to protect us from energy monopolies

[NVMojo]

From the Federal Register today, they are taking public comments. We are looking at a screwing as monopolies won't have to adhere to oversight FDR put into place to protect consumers ...

What have our Democratic members of Congress done to protect people and not corporations???

more...

2. The Commission proposes to add a new Subchapter U and Part 366
to Title 18 of the Code of Federal Regulations to implement Title XII,
Subtitle F of EPAct 2005 and to remove Subchapter T and Part 365 of
Title 18 of the Code of Federal Regulations, and intends to issue final
rules (as well as to submit the required report to Congress) within
four months.\6\ The Commission seeks comments on its proposals for the
required rules discussed below.
3. Section 1264 of PUHCA 2005 concerns Commission access to the
books and records of holding companies and other companies in holding
company systems, and section 1275 of PUHCA 2005 concerns the
Commission's authority to review and authorize the allocation of costs
for non-power goods or administrative or management services. We note
that the federal books and records access provision, section 1264, and
the non-power goods and services provision, section 1275, of PUHCA 2005
supplement the Commission's existing ratemaking authority under the
Federal Power Act (FPA) to protect customers against improper cross-
subsidization or encumbrances of public utility assets \7\ and
similarly our ratemaking authority under the Natural Gas Act (NGA).\8\
These provisions of PUHCA 2005 also supplement the Commission's broad
authority under FPA section 301 and NGA section 8 to obtain the books
and records of regulated companies and any person that controls or is
controlled by such companies if relevant to jurisdictional
activities.\9\ Further, with respect to the electric industry, the
Congress has enhanced our already significant authorities over public
utility mergers, acquisitions and dispositions of jurisdictional
facilities.\10\ We believe that our existing FPA and NGA authorities,
in combination with our enhanced authority over public utility mergers,
acquisitions, and dispositions of jurisdictional facilities, and our
new PUHCA 2005 authority, provide a sound framework to protect
customers. To the extent that additional rulemakings or orders may be
needed to protect customers adequately, the Commission will take
appropriate actions in the future.

more...

http://a257.g.akamaitech.net/7/257/2422/01jan20051800/edocket.access.gpo.gov/2005/05-19000.htm

[indepat]

1. Protecting consumers ain't what it is all about: rape of the consumer

is what it is.