By:
ErnestNorsworthy on 9/11/09
Murfreesboro Post 9/11/09
As the Obama blueprint of federal government reorganization gradually unfolds, some of it startlingly clear since January, each move is certain to be scrutinized very carefully. In a small move on Thursday with the nominations to two of the four unfilled seats on the TVA board, not much strategy is revealed.
A Legal Aid lawyer and a labor-economics professor, it could be said, are typical left-leaning nominees to a right-leaning board and to be expected of this administration. The question is, why were not the remaining slots filled with those with similar administration views?
For what ever the future holds for the TVA, four new members could hold sway to the “changes” promised by the Obama administration.
The TVA has been called many things but one thing it ain’t is a regular competitive, investor-owned electricity utility. It has played a confusing role in the history of America since 1933. FDR wanted it to be “as flexible as a corporation with the power of the federal government” to paraphrase his statement.
Over the years, TVA has wielded much eminent domain power without any evidences of a competent, quick moving corporate entity. TVA is so bogged down and strangled with its own version of red tape trying to be a fish in a fowl world that it has wound up with an impossible debt of $25 billion (and growing) with no way but a bailout to repay it.
I’ve written a lot about the TVA and in a forthcoming article I will investigate possible scenarios of the future of TVA.
For my most recent, see http://norsworthyopinion.com/TVAunhappinessinMudville.aspx
Ernest Norsworthy
tva@norsworthyopinion.com
http://norsworthyopinion.com
By:
Momma on 9/11/09
Go Barbara!!! I wish you could of been the President of MTSU.
Congratulations, you certainly deserve it!
By:
bota on 9/11/09
Barbara Haskew is a sharp lady! She taught an aritration and negotiations class that I took at MTSU and she was good.