ETS Investor Alert 6-30-08

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U.S. utilities are cutting off more customers who have fallen behind on their bills, setting up what could be the most deadly American winter in many years.

While utilities aren’t allowed to cut off customers during the winter because of the danger to human life, the fact is many Americans could try to get through the coming winter in residences where the heat and lights have been turned off, figuring it’s the only way they can keep putting food on the table and gas in the tank.

With the U.S. Congress having so far failed to authorize an increase in funding for low-income home heating assistance, counting the frozen bodies could become a grisly new pastime.

Yes, things are that serious.

Until tomorrow.

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