The lobbyists whispered (or, hell, wrote the damn speeches for them) things like:

“Whoever is against this bill hates Georgia Power.”

“Whoever is against this bill is against nuclear power.”

“Whoever is against this bill wants to put people out of work.”

Etc., etc., etc.

“Name-calling” vs. “pathologically lying”…I wonder which is worse, hmm, Mr. Donnie-be-good?

Please point out where I called you names so I can apologize.

You ignored my last post because you know that I have thoroughly decoded your kung fu. Instead you respond only to those who you can enrage to the point of name-calling. On an objective level you’ve failed to score any points at all, but that’s neither here nor there. All you were really trying to do is to solicit ad hominem attacks so you could claim victory in the effort to discredit the entire Noah’s Ark full of SB 31 detractors as a bunch of hot-headed nutjobs. I’m not sure what that really accomplishes since what you are doing is so transparent, but enjoy your “victory” just the same.

The Georgia Public Policy Foundation is now in the discredited category. It is unimaginable that GPPF can have any credibility for unbiased evaluation of any issue after blowing this one. Then, to top it off, they seem to think that they can stonewall any explantion of their incredible omission.

GPPF is now in the same league as the CNBC crowd who are stone-silent after their GE bosses reneged on a pledge to maintain the dividend, only to cut it by 67%. They are in the same league as Isakson, who swore accountability for TARP, only to now cry about being deceived.

Do your own research. Kudos to Icarus and the PPunditeers who took the time to jump on this one.

Don’t believe those PREVIOUSLY entrusted to represent the public interest. They stand on dung legs.

And your “lessons” on finance are really cute…mostly things my children knew when they were in middle school. I’m sure they taught you things about finance at Georgia State that I’ll never know and I have respect for those who apply themselves and get an education. But in your case, the rubber doesn’t appear to be meeting the road.

But the worst thing about some of you guys here is that you can’t have a conversation about anything with anyone who disagrees with you without it degrading into name calling (and that’s something I corrected with my children when they were in elementary school). And you wonder why the GPPF hasn’t responded?

Anyway, I’ll go away and let y’all repair the break in your circle. Have a nice life.

I respect those Republicans who’ve always been Republicans liek Chambers, in spite of their current differences with the the current so called Republican leadership.

Dude…#1, HUH?

#2, WTF? (Google that one, Dope fiend)

For your info, Stock Price is not usually related to dividends. Dividends are money paid-out of a company’s net income. Stock price is a free-unit in the stock market.

YIELD is calculated by dividing dividends per share by stock price per share.

If the stock price increases and dividends do not increase at the same rate, the YIELD DECREASES.

Donnie…you’re an idiot. That’s all I gotta say. You don’t know jack about the stock market, corporate finance, or anything. Your whackjob interpretation of what I said demonstrates that you do not have the IQ potential to BEGIN to understand these things.

Today’s Republicans in Georgia are nothing more than second class Democrats who couldn’t make it in the traditional politics with the primary exceptions being Rep Chambers and Lt. Gov Cagle and anyone else who was a Republican before 1990.

Donnie and Georgia Power are contemptuous of the people.

There is a double top in on arrogance.

The people of America and Georgia are about to rise up and throw all of these bums out and their lackeys too. Their excesses have grown too great and the pain on the people too onerous.

The spirit that founded this nation is not dead.

A trust buster is coming, for the vast middle class is not going to sit by and be exterminated, which is the current game plan.

As for GPPF, they got caught doing totally deficient work, got called on it, now hope to dissemble.

You’re obviously putting those words in his mouth. Bill said nothing close to that, and what he did say is dead on. Why would you even attempt this sort of gross extrapolation?

So now it was the Southern Company’s intention to lower its stock price so it wouldn’t have to pay out as much in dividends, which means they can operate with less money and then the PSC will force them to lower their rates…which means these reactors will be free. Those guys are geniuses. Thank God for SB 31. I’m back on the floor laughing again.

Honestly though Bill, if nobody else calls you on this ridiculous logic, I don’t know why anybody reads the comments here…maybe for the comic relief.

That’s not ridiculous. The average Georgian carries a credit card balance that they can’t pay off immediately. For them the opportunity lost is the opportunity to “invest” in a lower credit card balance, which would save them double digit interest month after month thereafter.

Two YEARS before dividends come. Besides all that, if it is “5% yield” (that I keep reading by you) that Southern Company wants to “ensure” Granma and Grandpa receive on their investment, the LAST thing they want to happen is to run-up the stock price. Because, as I’m sure an ace-finance Dude like you knows, the higher the stock price, the less the dividend yield.

Go back to drinking your Two-Buck Chuck.

Actually I think you’re referring to “mob mentality”, as in irrational and angry violence, such as looting or a lynching. As far as “herd mentality”, this would be like “sheeple” or lemmings. Following the crowd off a cliff. I don’t think most of the bloggers fit into either category here.

Because the bill hasn’t:

1) Been signed yet by the Governor
2) Been announced to the stock market that the bill has been passed
3) Hasn’t been analyzed by the traders and analysts who will consume the info WHEN the bill gets signed and WHEN the law takes effect.
4) May still not cause a run-up in stock price BECAUSE the dividends will not start paying-off until 2011.

Yeah, we’re “children”, Donnie. We don’t no whut we be tawking about wen it cums to thangs like the stock markit and FY-nance.

I think the bill has some issues, mainly should we be paying upfront payments in such a bad economy, but a lot of SB31 was twisted into more than it really was.

Was the GPPF aware of the provision to allow Georgia Power to recoup their ROI, in effect, charge the consumers for profits on a plant not yet constructed, in the amount of a Billion dollars?

Not responding directly usually just allows an issue to fester until it blows up in other ways – like a pointless discussion about a herd mentality.