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Showing Original Post only (View all)Obama Proposal To Sell TVA Blasted By Republicans [View all]
Source: AP
WASHINGTON -- In a political role reversal, Republicans are blasting President Barack Obama's plan to consider selling the Tennessee Valley Authority, an icon of the New Deal long targeted by conservatives as an example of government overreach.
Obama's 2014 budget proposal calls for a strategic review of the TVA, the nation's largest public utility with 9 million customers in seven states from Virginia to Mississippi.
Selling the U.S-owned power company could reduce the federal deficit by at least $25 billion and "help put the nation on a sustainable fiscal path," Obama says in a budget document.
Read more: http://www.huffingtonpost.com/2013/04/16/obama-tva_n_3090958.html
Does anyone remember voting for Obama to tear down the New Deal?
Here in California, it was only about ten years ago that the power companies reminded us why they shouldn't have unregulated privatized control of utilities: they turned off generators, sold electricity generated here out of state, and even turned off the lights in rolling blackouts to blackmail billions of the state.
The minor savings of this sell off would be more than made up for by extra people in the area will end up paying for electricity.
Why not sell an aircraft carrier instead?
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Only if it doesn't interfere with the continued development of 11 uranium mines in the Grand Canyon.
AnotherMcIntosh
Apr 2013
#3
"Does anyone remember voting for Obama to tear down the New Deal?" Great question.
AnotherMcIntosh
Apr 2013
#2
this would be idiotic on a couple of levels. Most obviously, the GOP could take yes for an answer
yurbud
Apr 2013
#58
Obama got a mandate. And now he is using it to oppose everything his supporters
JDPriestly
Apr 2013
#5
that makes it sound like it's worth a lot more than the $25 billion the article mentioned
yurbud
Apr 2013
#9
It has cost us, the public, hundreds of millions (if not trillions) to build this entire system.
SharonAnn
Apr 2013
#29
Excellent. Let the customers of the TVA call their Repuke reps and give them the
msanthrope
Apr 2013
#15
if only there were evidence he was playing them instead of doing the heavy lifting for them
yurbud
Apr 2013
#25
Yes, it's always funny thinking of some of the poorer places in the US paying more in electric bills
Lars39
Apr 2013
#46
My dearest dream come true. The GOP embraces socialistic, government run programs. It's a miracle!
freshwest
Apr 2013
#34
there must be a lot of privatefor profit people scarfing up federal billions for republicans to be
Sunlei
Apr 2013
#35
LOL, yes, they are spinning like tops trying to keep up with their 'conservative' base.
freshwest
Apr 2013
#38
the cheap leases handed out to oil and beef corporations would be a good next target
Sunlei
Apr 2013
#39
what evidence is there that he's doing that? also, it work on SS, Boner now supports cuts
yurbud
Apr 2013
#49
It's amazing to me how so readily apparent it is that our nation needs to move
Uncle Joe
Apr 2013
#57