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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
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@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    1. Butt Praxis‏ @buttpraxis 10 Jan 2019
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      If you’re looking for the #nopgebailout public comment, you can find it in the auditorium at 505 Van Ness

      2 replies 1 retweet 9 likes
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    2. Butt Praxis‏ @buttpraxis 10 Jan 2019
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      Look for the only people not wearing suits

      1 reply 0 retweets 13 likes
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    3. Butt Praxis‏ @buttpraxis 10 Jan 2019
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      Possibly unrelated (definitely related): where do these old dudes get their beautiful fancy overcoats and which thrift store can I find them at when they want their annual new beautiful fancy overcoat

      1 reply 0 retweets 14 likes
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    4. Butt Praxis‏ @buttpraxis 10 Jan 2019
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      Lot of public comment from comrades for #nopgebailout 😍pic.twitter.com/mcwpE6tqMJ

      1 reply 0 retweets 16 likes
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    5. Kim-Mai Cutler‏Verified account @kimmaicutler 10 Jan 2019
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      Replying to @buttpraxis

      Kim-Mai Cutler Retweeted Michael Wara

      I don’t think this achieves what you want it to achieve if they end up filing for bankruptcy.https://twitter.com/michaelwwara/status/1082677828691230720?s=21 …

      Kim-Mai Cutler added,

      Michael Wara @MichaelWWara
      In BK, 5 things are fairly clear: (1) the lights will stay on; (2) costs will go up for CA (inevitable anyway); (3) safety investments will take a back seat; (4) unions will be hurt; and (5) fire victims will not get the money they need. Except for (1), none of this is good.
      Show this thread
      1 reply 0 retweets 0 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 10 Jan 2019
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      Replying to @kimmaicutler @buttpraxis

      What is the longer term strategy here? California takes it over and then the state govt has $30B of fire liability from the last 2 years and then that crowds out spending on other priorities?

      10:44 AM - 10 Jan 2019
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        2. Butt Praxis‏ @buttpraxis 10 Jan 2019
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          Replying to @kimmaicutler

          That’s why we can’t let up on the demand to make public utilities a priority for California. PG&E has a documented history of preventing community choice power in the state

          1 reply 0 retweets 13 likes
        3. nancy pelosi's endorsements guy 🌹‏ @uhshanti 10 Jan 2019
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          Replying to @buttpraxis @kimmaicutler

          they're currently trying (and succeeding, thanks to CPUC) in charging CleanPowerSF for the "lost revenue" because our CCA is currently *cheaper* than their power.

          2 replies 1 retweet 10 likes
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        2. lacuna matata‏ @upwithppl 10 Jan 2019
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          Replying to @kimmaicutler @buttpraxis

          i'm very confused about the trade-off between "california issues bonds to pay for PG&E's costs for fire liability" and "california issues bonds to pay for the cost for fire liability it's assumed from PG&E"

          1 reply 0 retweets 6 likes
        3. lacuna matata‏ @upwithppl 10 Jan 2019
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          Replying to @upwithppl @kimmaicutler @buttpraxis

          i'm also confused about the relative costs of credit in an environment where 1) california's credit rating is excellent, & 2) pg&e's credit is terrible. the state could service the liability more cheaply than pg&e, and acquisition of pg&e's assets in bankruptcy would be cheaper

          0 replies 0 retweets 4 likes
        4. End of conversation
        1.  ♠️ Wet Ass Pancake Cat  🌹‏ @excallq 10 Jan 2019
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          Replying to @kimmaicutler @buttpraxis

          PG&E doesn't have the money anyway, and since it's now politically toxic for the leg to try to close the bailout loophole, they aren't going to get it. One way or another, California is on the hook for the fire. I don't really see any benefit to propping up PG&E in the process.

          0 replies 0 retweets 5 likes
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        2. Sasha Perigo‏ @sashaperigo 11 Jan 2019
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          Replying to @kimmaicutler @buttpraxis

          I agree with others chiming in here that California is on the hook regardless. I also think a key point is that until we move towards public power we aren’t taking steps to prevent the problem from repeating itself.

          1 reply 0 retweets 0 likes
        3. Sasha Perigo‏ @sashaperigo 11 Jan 2019
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          Replying to @sashaperigo @kimmaicutler @buttpraxis

          Right now PG&E is making decisions based on what earns shareholders money. This has led to some huge compromises on safety in the past decade. It’s paramount that in the future a public utility can make decisions prioritizing public safety and not profit.

          0 replies 0 retweets 0 likes
        4. End of conversation

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