JAMES MADISON QUOTE - 1822

"A popular government without popular information, or the means of acquiring it, is but a Prologue to a Farce or a Tragedy; or, perhaps both. Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power knowledge gives."

SCOTTSBORO WEATHER - SUN & MOON RISE

Monday, March 1, 2010

TVA Debt Increase

TVA's CEO and Tennessee's political leadership seems to think the rate payers are like the proverbial money tree as they attempt to increase TVA's Congressional mandated debt ceiling. Read about it from the Knoxville News Sentinel. TVA's investments into nuclear power coupled with poor management and neglect of existing facilities which resulted in engineering failures have resulted in a near 27 billion dollar debt.

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