Powered by Spain

[Maine-ah]

In case one didn't quite hear it yet, Central Maine Power – rather, its parent, Energy East -- has been acquired by Spanish company Iberdrola SA. The overall sale includes Energy East subsidiaries in other northeastern states, and is worth about $4.6 billion in cash and $4 billion in debt. Some three million consumers could be affected. Final terms of the agreement negotiated include measures to guarantee the transparency of any financial activities by Iberdrola that might affect Maine consumers, and commitments to invest in advanced technologies to manage or reduce electricity demand.
http://knox.villagesoup.com/opinion/story.cfm?storyID=107878

it's the very last story on the page and this is all that is written about it....wtf?

[asteroid2003QQ47]

1. Lets hope they buy the railroads next

Train in Spain sets out to beat the plane

Madrid-Barcelona link is part of 220mph network taking on the airlines

"They are the future of travel in Spain and show that the train is anything but obsolete," said Aberlado Carrillo, the director general of the state rail operator Renfe's high-speed service. "Trains will again be the dominant mode of transport in this country."
<>
The distinction between the Spanish and British models of investment, says Christian Wolmar, the author of a history of Britain's railways, comes from conflicting philosophies of rail's worth.

"We ignore the social values of trains," he says. "Just as we don't expect motorways to pay their own way, we shouldn't expect trains to.

http://www.guardian.co.uk/spain/article/0,,2251264,00.html

[mac2]

2. Nope the Canadians have been buying our railroads

All is see are broken down cars. They are too busy buying all the lines like in the burbs of Chicago (their latest).

[mac2]

3. Blair "privitized" most the public transportation in London

They've had problems ever since. The owners doing invest in repairs, etc. leading to a rash of accidents.

[Old and In the Way]

4. Hope we don't have to pay our bills in Euro's. nt

[luckyleftyme2]

5. Our companies are set up for foreign buyers

Think about it;every foreign buyer has cut benefits to their employees. They refuse to pay health care so as fast as they can they raise the employees share.they change the pension plan
(a nice way to get their hands on it) and our federal and state governments look the other way.
If this trend isn't stopped we will be worse off than any other people on the planet. every safety net we have for workers is being eroded.
think about no pension,ira and 401k's being attacked,no health care,no government pension such as social security whats left? they've made it impossible to save enough to retire.