Nu-Start Sees the Light, Bails on TVA

TVA's Bellefonte Units 1 & 2. After stripping of the never completed nuclear plants they are approximately 50% complete. It is estimated that completion will cost between $4-8 Billion (A very conservative estimate.). Recent events have resulted in the Blue Ridge Environmental Defense League, BREDL, filing a legal action in Federal Court as a result of nuclear licensing violations by the NRC body itself concerning violations of Nuclear Licensing Policy concerning Bellefonte's Units 1 & 2.

Artist's rendition of the 2 proposed AP 1000 Nuclear Plants at Bellefonte.
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Nu-Start has announced they will not participate in the Bellefonte Nuclear Project. This article from the Huntsville Times today. http://www.al.com/news/huntsvilletimes/local.ssf?/base/news/1241169332232650.xml&coll=1

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Some important phrases from the article: 1. "The change," it said, "is designed to align industry and regulatory resources with a license application that has specific, near-term construction plans."

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The TVA Act prevents Nu-Start from participating (TVA is not allowed to sell power outside of its service area.) and TVA can not afford half of a reactor much less 4. There are various geological problems with the area.
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These facts plus the Obama administration will soon change the face of the TVA's Board prevents Nu-Start from participating. Nu-Start consists of publicly held stock companies. The Nu-Start entity companies are not going to loose their proverbial buttocks over TVA's hair brain schemes to spend billions of dollars while the TVA has an unmanageable, growing debt situation.
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2. "The switch in designation "doesn't change our plan," TVA spokesman Terry Johnson said Thursday. Building and operating two AP1000 reactors "is still an option for the Bellefonte site," he said."

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Changing their plan? The TVA is in "lala land." TVA is intent on feeding the citizens of Jackson County and the TVA area with copious amounts of propaganda. The TVA's propaganda in conjunction with that from the areas federal, state and in some cases local politicians and bureaucrats will never result in a completed Bellefonte project. Wake up citizens and smell the stench of continued TVA political propaganda! The TVA can not afford 1/2 of a nuclear reactor much less 4 as proposed for Bellefonte. TVA's continuation of the proposed 4 reactor plan for Bellefonte is a continuation of TVA's culture of management deceit.

The TVA and Censorship

Once again the hands of tyrants are at work. Banned once again from the al.com forums. This time around it appears the financial disclosures concerning the TVA and Bellefonte discussions were more than the local controlling political and media powers could handle. My arkie1 account has been banned, postings removed concerning the despicable financial debt of the TVA and my theory how the various Nu-Start corporate partners are attempting to take over TVA assets at the expense of the citizenry. I had initiated my arkie1 account from another computer and changed my IP address in order to post, my previous arklite account had been cancelled by al.com. We had a total of 4 discussion group members which 3 of those accounts were previously cancelled. This type of forum censorship defeats the purpose of a forum. There should be no doubt that the purpose of al.com's Scottsboro forum is no more than a tool for political tyrants. When a message is conveyed that questions government's officials actions the postings are removed and so is the poster. This has occured on numerous occasions and continues.

I am attempting to convey to those that will read and listen that many of our governments institutions are in serious trouble, corrupted by corporate monetary influence and have slipped from the control of the citizen. Many media sources are no better than tyrants themselves. They limit content to messages that supports deciet by specific political leaders or specific institutions. It is obvious those political and media tyrants can control political discussion of the local Scottsboro forum from the confines of a New Jersey (home office of Advance Publications) or an Alabama Newspaper Editorial Office, wherever the control originates. They will never dampen the spirit of what our Constitution represents.

Unfortunately you do not have to look very far to realize that our political leadership and the media not only deceives the citizens of our country, some of our political leaders and citizens are attempting to destroy our country through the practice of corporate tyrany. It now becomes a question of how much will the citizenry tolerate, or go broke from fuel prices, inflation, government mismanagement, before they take back control of our government as our Constitution stipulates.

Seems the TVA Power Fist has a new meaning. TVA debt is $22+billion and climbing. TVA's debt interest is $20+billion and climbing. The TVA lost $17 million dollars for the 1st quarter of FY2008. Current assets of TVA is listed at $33.902 billion. The building of the Bellefonte new nuclear plant will cost the citizens of the TVA region $18 billion. Congress has established a $30 billion cap on TVA debt. The TVA attempts to deceive the citizens into believing the plant is needed, it is not. Energy efficiency and improvement of TVA's existing resources will furnish the needed power.

Know Your TVA Leadership, Common Relationships

Know your TVA leadership, who are they and what are their current and past connections? It was not difficult to establish financial/corporate relationships with senior TVA leadership. There are common factors. I entered the following search parameters on Yahoo, as most of the Executive Leadership had worked for these companies: Entergy, Duke Power, Southern Co., Exelon; this is the result http://en.wikipedia.org/wiki/Nuclear_Power_2010_Program You might say ok sounds like Nu-Start, how true. Here is where the connection merges with TVA Executive Leadership as the current Executive Leadership of the TVA were the Executive Leadership of the private sector Nu-Start Corporations, check 'em out http://www.tva.gov/abouttva/leadership.htm , Tom Kilgore: CEO TVA, former CEO Progress Ventures-Nustart partner; William "Bill" McCollum, Jr.: Chief Operating Officer TVA, former Chief Regulated Generation Officer, Group Executive Officer Duke Energy-Nustart Partner; Kenneth Breeden: Executive V.P. TVA Customer Relations, Entergy Senior V.P Marketing-Nustart Partner; William Campbell: TVA Chief Nuclear Officer, Executive V.P., Entergy Senior V.P. and Chief Operating Officer-Nustart Partner; Kimberly Greene: TVA Chief Financial Officer, Executive V.P. of Finacial Svcs., Southern Co. Treasurer-Nustart Partner; Emily Reynolds, TVA Senior V.P. Government and Valley Relations, Republican Party Political Operative, 31st Secretary of the Senate, Special Assistant Sen. Howard Baker, Jr., Tennessee State Director U.S. Senator Bill Frist; Preston Swafford, TVA Executive V.P. Fossil Power Group, Exelon Senior V.P. Energy Delivery-Nustart Partner.

TVA Board of Director relationships http://www.tva.gov/abouttva/board/members.htm Banking-Venture Capital: Dennis Bottoroff, Am South, Council Ventures; Don Dupriest, unnamed venture capital; Mike Duncan, Community Holding Co., Inez Deposit Bank; Tom Gilliand, United Community Bank. Political relationships: Mike Duncan, Chairman Republican National Committee; Skila Harris, Democrat appointed, Department of Energy, White House Staff; Don Depriest, Mississippi Republican Fund Raiser.

Common relationships group summary: TVA Board of Directors-Banking, Venture Capital, Political Operative; TVA Executive Leadership-Nustart Energy Partners; Common relationships between Board and Executives, Political Operatives.