Bernie Sanders in the 1970s urged nationalization of most major industries

[Farmer-Rick]

7. Why not?

In the US about 90% of our electrictity infrastructure was built by tax dollars. Selling off that infrastructure for pennies on the dollar to corporate interests didn't really start for earnest until 1996. In fact 20% of the electricty provided to citizens today is still provided by government entities.

So, taking back a poorly managed electric company is not unheard of. And not compensating a bunch of rich investors who ran their regional monopoly into the ground or should have known it was being mismanaged is called just desserts. They can take it to court if they think their incompetence should be rewarded.