Tuesday, May 30, 2006

The Shocking Truth

Tonight's court ruling regarding the BGE rate hike is a win for the O'Malley Campaign, but a loss for the rest of us.

The O'Malley folks may get a political victory in regards to trying to have the rate increase struck down. But the fact of the matter is that, for better or for worse, a rate hike is coming. And on July 1, BGE customers get stuck with a 72% rate hike. It is going to be Martin O'Malley who is ultimately responsible for the gigantic hike in 32 days, as he and his political cronies decided that his gubernatorial campaign was more important to the people than a workable rate relief plan. Nobody can argue that BGE's rate hike is a good deal; that's why the Governor and the General Assembly all worked on a rate plan. But it was Team O'Malley that brought the rate hike down, and will be helping to impose the immediate increase on customers who can ill afford to pay it.

O'Malley won this round, but his victory will be pyrrhic.

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