In North Carolina, Exploding Bulbs and Fridges on the Fritz Reveal a Town’s Fraying Electric System
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In North Carolina, Exploding Bulbs and Fridges on the Fritz Reveal a Town’s Fraying Electric System - Inside Climate News
Though town officials call the power surge in Red Springs an “Act of God,” tens of thousands of dollars in lost home appliances and municipal financial documents suggest otherwise.
Inside Climate News (insideclimatenews.org)
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This post did not contain any content.
In North Carolina, Exploding Bulbs and Fridges on the Fritz Reveal a Town’s Fraying Electric System - Inside Climate News
Though town officials call the power surge in Red Springs an “Act of God,” tens of thousands of dollars in lost home appliances and municipal financial documents suggest otherwise.
Inside Climate News (insideclimatenews.org)
TLDR: The town owns its own electric utility and mismanaged the utility's funds to the point of leaving the distribution system in severe disrepair.
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TLDR: The town owns its own electric utility and mismanaged the utility's funds to the point of leaving the distribution system in severe disrepair.
Mismanaged or embezzled?
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Mismanaged or embezzled?
Mismanaged. Subsidizing shortfalls in the general fund using funds from the electric utility.
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Mismanaged. Subsidizing shortfalls in the general fund using funds from the electric utility.
Imbezzled. Money was used to pay for somebody's vacation.
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Meta and Palmer Luckey's Anduril Industries partner to build EagleEye, a new AI-powered weapons system, including rugged helmets, glasses, and other wearables
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VCs are starting to partner with private equity to buy up call centers, accounting firms and other "mature companies" to replace their operations with AI
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