Montana Energy Debacle

Re: David Sirota's article

I find it disturbing that one of the topics on this blog entry on Working for Change is "Capitalist Pigs". The Progressive Movement needs to understand that they can't be Socialist and be serious contenders in our political system. Our economic system is capitalist, take it or leave it. The only way we're going to take back this country in the long term is by taking back the economy, and I'm not talking about a change in economic system. I'm talking about the people who want change in their country taking control of the companies that are destroying it. Public Ownership does not necessarily entail government ownership, especially since the government is almost as much of a problem as the corporations, thanks to current campaign finance regulations giving the advantage to the most valuable player from the onset.

I very much agree with David's comments, but it looks from the articles that Northwest Corp. is going to recommend against their shareholders approving the purchase. If they do, the citizens of Montana have another option. Beat them at their own game.

They are offering NWEC 1.17 Billion dollars. The NWEC stock is currently worth $31.87. That means that with this capital they could purchase 53 Million shares, or 15% of the company.

Progressives need to understand that they don't have to be anti-capitalist. They need to stop letting the rich people own the field and buy off the referees. We need to take control of our own economy and make it work for us. The only way of doing that is by taking control of the assets.

Chad Lupkes