Warm Southern Breeze

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Posts Tagged ‘rates’

Would President Obama privatize TVA & Kill the Goose that Laid the Golden Egg?

Posted by Warm Southern Breeze on Tuesday, April 23, 2013

Shoals: Privatizing TVA is ‘a bad idea’

By Mike Goens
Managing Editor
Matt McKean/TimesDaily
4/21/13

Anglers fish below thousands of feet of power lines that run from TVA’s Wheeler Dam turbine systems. Those from the Shoals who work closely with the Tennessee Valley Authority said the federal agency should not be turned over to private companies. Matt McKean/TimesDaily

Anglers fish below thousands of feet of power lines that run from TVA’s Wheeler Dam turbine systems. Those from the Shoals who work closely with the Tennessee Valley Authority said the federal agency should not be turned over to private companies. Matt McKean/TimesDaily

If President Barack Obama needs help orchestrating an effort to privatize TVA, he shouldn’t expect much support from the Shoals.

Those from the Shoals who work closely with the Tennessee Valley Authority said the federal agency should not be turned over to private companies. They fear a privately owned TVA will lead to higher electricity rates, job cuts, more flooding problems and navigational issues on the Tennessee River and other waterways under TVA’s jurisdiction.

“The first questions you need to ask are what’s the gain for government and what would be gained by the community,” said Steve Hargrove, manager of Sheffield Utilities. “If the purpose is to make things better and there is reason to think it’s possible, I would be the first one interested in sitting at the table and talking about it. I just don’t see advantages of privatizing at this time.”

Obama brought the issue to the table through his 2014 budget proposal, which was released last week. He said selling TVA should be explored as a means to increase revenue by as much as $25 billion, money that could reduce the federal deficit and pay for other government services.

Hargrove has a unique perspective to the debate, having worked at TVA for 33 years before retiring as plant manager at Colbert Fossil Plant. He became manager of Sheffield Utilities in December.

His department purchases electricity from TVA and provides power to about 19,000 customers in Colbert County.

“I am a believer in the private sector, but I would fear their mission would be different than TVA’s,” Hargrove said. “The mission of TVA is not to make profit, and the mission of the private sector is to make a profit. They have to answer to a board that wants to maximize profits. When your primary goal is to make a profit, that becomes a higher goal than helping the community.

“TVA has had its problems, and bad decisions have been made, but its mission is good and they are an established part of the communities.”

Hargrove said residential rates for TVA customers in the Southeast are among the lowest 25 percent in the country and Read the rest of this entry »

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THE SKY IS FALLING! THE SKY IS FALLING! Or… maybe not.

Posted by Warm Southern Breeze on Wednesday, April 25, 2012

Believe it or else, there were opponents to air bags, seat belts and child safety restraints.

Some time, someone will oppose everything… even vanilla ice cream and Mother’s Day.

There are, I suppose, several ways to consider the following.

One could presume the psychotic Chicken Little, paranoid delusional “the-sky-is-falling” approach, or, one could suppose the device is only an extension of someone who cannot tell a lie… or, at least is very difficult to deliberately fabricate falsehood.

And then, there’s something in the middle.

I would imagine that’s where the truth resides.

A Black Box in Your Car?

By Sam Favate, April 23, 2012, 1:40 PM

If you thought having EZ Pass in your car would make it too easy for the government to track you, you ain’t seen nothing yet.

The Senate passed a bill in March that calls for “mandatory event data recorders” (or black boxes) to be installed in all new passenger motor vehicles, starting with the 2015 models, and which would record data before, during or after a crash, according to KurzweilAI.net.

The bill, which can be seen here, has a privacy provision but gives the government the authority to access the black box in a number of circumstances, including court order, consent of the owner, an investigation or inspection, or to determine the need for emergency responses.

The same bill would allow the IRS to Read the rest of this entry »

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