How stupid do they think we are? When FPL writes max-out checks to every elected state politician in Florida, both Democrat and Republican, each election cycle, they apparently figure it gives them the right to have their “financial way” with us, the public! In a way you can’t blame them. It has been working for them for decades. It is obviously their “business plan.”
However, they are now so bold that they are going for a 31 percent raise on all of our electric bills in just one year. When it was discovered that their Chief Executive, Lewis Hay III, paid himself$12.5 million in compensation a short time ago, and paid numerous other executives huge amounts, way above normal in the industry,and some members of the legislature demanded a public disclosure of their top 100 or so executives, Lewis Hay III and FPL executives went ballistic. They are fighting the disclosure of their compensation packages all the way to the Florida Supreme Court.
Now, unless you didn’t know it, this is not a regular free enterprise company. It is a state-authorized monopoly. Their pay, therefore, should be made public. Most importantly, we need our state elected officials to refuse FPL’s contributions and start representing the people, instead of this abusive monopolistic Power Company. For instance, it has been revealed recently that some of the five Public Service Commissioners, who are supposed to be watching out for us, and some of their staff have been going to social parties sponsored by FPL. To send a message, they should all be fired immediately. Then, a full investigation initiated by state authorities to investigate FPL’s business practices from top to bottom should start.
