Highest Rated Comments


h1ppophagist26 karma

The main point isn't so much the time as it is the 0.05%. The way fundraising works now, American politicians have to tie themselves to special interests if they're going to have a chance of being elected. With public fundraising, politicians will have to concern themselves with the interests of a much, much broader subset of the general population in order to get their funding. Narrow special interests won't be nearly as important.

h1ppophagist13 karma

One reason for the magnitude of Ontario's energy prices is that the government has promised various nuclear, hydro, wind, and solar producers that they'll receive a certain amount of money regardless of what the market price (based on supply and demand) of electricity is. The difference between the market price and what Ontario has promised to pay these producers is made up through what they call the global adjustment.

h1ppophagist6 karma

Out of curiosity, what are some criticisms of the OMB, and by whom have they been raised?

h1ppophagist4 karma

Do you mean Cass and Sunstein or Cass Sunstein? If the former, who are they?