Posted on 04/14/2013 5:41:43 PM PDT by JerseyanExile
President Obama’s proposed 2014 budget includes an item free marketeers can rally behind: “reducing or eliminating” the federal government’s role in the Tennessee Valley Authority (TVA), the nation’s largest publicly owned utility.
Naturally, both of Tennessee’s Republican senators oppose the proposal.
Via Bloomberg News:
“The odd thing is that a bunch of Rs are defending the most liberal, collectivist, state-managed thing ever undertaken in the United States,” said [Mike] McKenna, [a Republican energy lobbyist] whose clients include the Atlanta-based utility Southern Co. (NSC) that could benefit from a sale of the TVA, in an e-mail. “TVA was the brainchild of the near-communists in the Roosevelt administration.”
Senator Lamar Alexander, a Tennessee Republican who opposes government subsidies for energy production, called the proposal “one more bad idea in a budget full of bad ideas,” in a statement. He said the sale might lead to higher energy costs for his constituents without providing much money to the U.S. to pay down the debt.
…Consumers in Alabama and Tennessee, the TVA’s largest service areas, pay less for electricity than the national average, according to U.S. Energy Information Administration.
(Excerpt) Read more at reason.com ...
Which of his supporters stands to make millions in this?
what is wrong with these “republicans”
Wendell Willkie proposed to electrify the valley. FDR wanted government to do it and reap the political profits.
Reagan pushed for that and the ‘rats went nuts! Think that they’ll go “nuts” now?
They have been nuts ever since.
There is nothing wrong with the Republican Senators on this issue. TVA works for us Southerners.
Simple. Sell public property and then tax it.
Kabuki budget item... LOL!
Just in there to mess with opponents of socialism.
Good job done by the editors of the Knoxville News Sentinel: http://www.knoxnews.com/news/2013/apr/14/editorial-privatizing-tva-bad-idea-for-region/?comments_id=2608280
The editors expand in the comment section.
I thought Michigan went “Right to Work” last year.
Reagan had suggested privatizing the TVA and was killed for it.
Yeah, I’d have to know a lot more about it. Given the way Obama has behaved so far, he just wants to put it in private hands and then sic the EPA on them.
Michigan and Indiana are RTW with Wisconsin being somewhere in between.
Help me out here...
1. Do consumers buy their power direct from the TVA?
2. Or do private/public utilities serve the consumers and buy their power from the TVA?
Just as the electric coops run more cheaply and provide better service for us in Missouri.
Sounds good unless S0r0$ is to be in charge.
That is from the Socialist Party of America, 1928.
Good point ol’friend!
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