Private equity giant Blackstone is trying to buy New Mexico’s largest utility provider.
The Public Service Company of New Mexico serves over 500,000 people.
Blackstone would make billions and execs would make millions, while the 40% of PNM customers in poverty get screwed.
What is next? Public transit, water systems, sewer systems, public parks, and more.
Corporations are out to own everything across the nation and then bleed these public entities and leave the taxpayers with virtually nothing.
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