Comments on: My Fellow Kentuckians, don’t forget that Mitch McConnell wants to do to TVA what he’s already done to Wall Street http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/ A Commonwealth United to Defeat Mitch McConnell Thu, 09 Feb 2012 10:14:47 +0000 http://wordpress.org/?v=2.5.1 By: computer repair miami http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/#comment-8942 computer repair miami Fri, 11 Nov 2011 00:13:46 +0000 http://www.DitchMitchKY.com/?p=1678#comment-8942 Nice post. I study one thing on completely different blogs everyday. It is going to at all times be stimulating to read content material from different writers and practice a bit of something from their blog. Nice post. I study one thing on completely different blogs everyday. It is going to at all times be stimulating to read content material from different writers and practice a bit of something from their blog.

]]> By: charles http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/#comment-8112 charles Fri, 03 Oct 2008 23:47:20 +0000 http://www.DitchMitchKY.com/?p=1678#comment-8112 On the link http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html I see a lot of References to Greg Mankiw. Wasn't he the scum bag that said that outsourcing jobs to foreign countries was just another form of trade? The reason that many people could not pay their mortgages was because their jobs were sent to China and India. And I guess that we won't mention that Elaine Chao, the Secretary of Labor, in the summer of 2007 said that the United States workers have hygiene problems and need anger management courses will we? Oh yes, by the way Elaine Chao was born in Taiwan and her father, James is in the business to export raw materials to Communist China, but we won't mention that will we? And how about the campaign for the Whitehouse of 2004 when George Bush said that something was wrong because minorities could not afford housing and this needed to be fixed. It was “fixed” through predatory lending practices by mortgage brokers, hidden interest rate increases and balloon payments. All George Bush can do is hand my tax dollars and the economy of my country to foreign nations. This is why we are in the shape that we are in. George Bush, and Mitch McConnell are un-American trash and liars. I wouldn’t trust ANYTHING that is on the Whitehouse.gov website. While the Democrats and Republicans share the blame in this economic mess, George Bush went along with the cover ups. Just look at the lobbyists that McCain hired to run his campaign. I will tell you that the former CEOs of Freddie Mac and Fannie Mae need to be in jail, regardless of their party affiliation. On the link http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html I see a lot of References to Greg Mankiw. Wasn’t he the scum bag that said that outsourcing jobs to foreign countries was just another form of trade? The reason that many people could not pay their mortgages was because their jobs were sent to China and India. And I guess that we won’t mention that Elaine Chao, the Secretary of Labor, in the summer of 2007 said that the United States workers have hygiene problems and need anger management courses will we? Oh yes, by the way Elaine Chao was born in Taiwan and her father, James is in the business to export raw materials to Communist China, but we won’t mention that will we? And how about the campaign for the Whitehouse of 2004 when George Bush said that something was wrong because minorities could not afford housing and this needed to be fixed. It was “fixed” through predatory lending practices by mortgage brokers, hidden interest rate increases and balloon payments. All George Bush can do is hand my tax dollars and the economy of my country to foreign nations. This is why we are in the shape that we are in. George Bush, and Mitch McConnell are un-American trash and liars. I wouldn’t trust ANYTHING that is on the Whitehouse.gov website. While the Democrats and Republicans share the blame in this economic mess, George Bush went along with the cover ups. Just look at the lobbyists that McCain hired to run his campaign. I will tell you that the former CEOs of Freddie Mac and Fannie Mae need to be in jail, regardless of their party affiliation.

]]> By: Jason http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/#comment-8108 Jason Fri, 03 Oct 2008 04:12:15 +0000 http://www.DitchMitchKY.com/?p=1678#comment-8108 To say McConnell is responsible for the economic crisis because overall he's against big government is ignorant. Republicans were the ones who repeatedly called for MORE REGULATION over the subprime lending market and the government sponsored enterprises like Freddie Mac and Fannie Mae but it was the DEMOCRATS who opposed it because they thought it would means less loans for people. Bush has been pushing for regulation since 2001. Now, I realize most people reading this hate Bush with a passion and give him credit even when he deserves it, but here's a list of times Bush advocated for more regulation. Please read it and learn. There's really nothing wrong with that. http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html McCain also co-sponsored a bill in 2005 with S. 190 in the 109th Congress. It was called the Federal Housing Enterprise Regulatory Reform Act. Go to thomas.loc.gov and search the 109th Congress for S.190. Obama and Durbin pushed for one in 2007, but it was too late by then because the bubble had already been created and they weren't even serious about it. Why do I say they weren't even serious about it? Well by that time, Obama was getting his economic advice from Frank Raines the former CEO of Fannie Mae who got fired from that company in 2004. Post this. I dare you. To say McConnell is responsible for the economic crisis because overall he’s against big government is ignorant.

Republicans were the ones who repeatedly called for MORE REGULATION over the subprime lending market and the government sponsored enterprises like Freddie Mac and Fannie Mae but it was the DEMOCRATS who opposed it because they thought it would means less loans for people.

Bush has been pushing for regulation since 2001. Now, I realize most people reading this hate Bush with a passion and give him credit even when he deserves it, but here’s a list of times Bush advocated for more regulation. Please read it and learn. There’s really nothing wrong with that.
http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html

McCain also co-sponsored a bill in 2005 with S. 190 in the 109th Congress. It was called the Federal Housing Enterprise Regulatory Reform Act. Go to thomas.loc.gov and search the 109th Congress for S.190.

Obama and Durbin pushed for one in 2007, but it was too late by then because the bubble had already been created and they weren’t even serious about it. Why do I say they weren’t even serious about it? Well by that time, Obama was getting his economic advice from Frank Raines the former CEO of Fannie Mae who got fired from that company in 2004.

Post this. I dare you.

]]> By: Disinterested Observer http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/#comment-8098 Disinterested Observer Wed, 01 Oct 2008 19:53:14 +0000 http://www.DitchMitchKY.com/?p=1678#comment-8098 Matt, you don't know anything about this issue. TVA is currently unregulated and always has been, did you know that? TVA's board has full and absolute authority to set the rates it charges its distributor customers with their decisions not being subject to review by any state's public service commission or the Federal Energy Regulatory Commission, which do oversee privately owned utility companies. What McConnell (and Bunning) have been pushing for years is that distributors currently served by TVA have an option to be served by another utility if they can get a better rate. Currently, under the "fence" provisions of the TVA Act, no outside utility can sell electricity into the area that has been reserved to TVA. The federal agency has a monopoly and its distributors are basically hostage to whatever price TVA sets. Several distributors have noticed over the last ten years or so that they could get cheaper wholesale power from neighboring investor owned utilities than from TVA. The bill would just give them a mechanism to pursue that option in the interests of their ratepayers-both homeowners and industry. It is no secret TVA has some of the highest cost electricity in the southeast, an area typically known for having low cost power. The Tennessee governor whether intentionally or not, is confusing the McConnell-Bunning proposal with the broader national issue of deregulation of the electric industry. They are not the same thing. Matt, you don’t know anything about this issue. TVA is currently unregulated and always has been, did you know that? TVA’s board has full and absolute authority to set the rates it charges its distributor customers with their decisions not being subject to review by any state’s public service commission or the Federal Energy Regulatory Commission, which do oversee privately owned utility companies.

What McConnell (and Bunning) have been pushing for years is that distributors currently served by TVA have an option to be served by another utility if they can get a better rate. Currently, under the “fence” provisions of the TVA Act, no outside utility can sell electricity into the area that has been reserved to TVA. The federal agency has a monopoly and its distributors are basically hostage to whatever price TVA sets. Several distributors have noticed over the last ten years or so that they could get cheaper wholesale power from neighboring investor owned utilities than from TVA. The bill would just give them a mechanism to pursue that option in the interests of their ratepayers-both homeowners and industry. It is no secret TVA has some of the highest cost electricity in the southeast, an area typically known for having low cost power. The Tennessee governor whether intentionally or not, is confusing the McConnell-Bunning proposal with the broader national issue of deregulation of the electric industry. They are not the same thing.

]]> By: charles http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/#comment-8096 charles Wed, 01 Oct 2008 13:48:27 +0000 http://www.DitchMitchKY.com/?p=1678#comment-8096 When the greedy and dishonest are deregulated corruption becomes the law of the land. If you will remember all that Mitch McConnell and Henry Paulson can talk about is the developing economies of China and India. Because of this we are paying in the neighborhood of $4.00 a gallon for gasoline. Maybe Mitch should move to China or India so we can elect an American to represent us. The TVA has worked just fine for many years. Mitch is up to no good. If the TVA is broken up and sold off the McConnell greed factor will be introduced and eventually the price of electricity for many rural customers will skyrocket. This process may take many years. NEVER, NEVER TRUST UN-AMERICAN McConnell. When the greedy and dishonest are deregulated corruption becomes the law of the land. If you will remember all that Mitch McConnell and Henry Paulson can talk about is the developing economies of China and India. Because of this we are paying in the neighborhood of $4.00 a gallon for gasoline. Maybe Mitch should move to China or India so we can elect an American to represent us. The TVA has worked just fine for many years. Mitch is up to no good. If the TVA is broken up and sold off the McConnell greed factor will be introduced and eventually the price of electricity for many rural customers will skyrocket. This process may take many years. NEVER, NEVER TRUST UN-AMERICAN McConnell.

]]> By: Laura Carlson http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/#comment-8093 Laura Carlson Wed, 01 Oct 2008 04:34:02 +0000 http://www.DitchMitchKY.com/?p=1678#comment-8093 Don't let McConnell deregulate anything else. You see how he works, it never has worked out for the working class. I wouldn't let him dog sit for me. Don’t let McConnell deregulate anything else. You see how he works, it never has worked out for the working class. I wouldn’t let him dog sit for me.

]]> By: kilowat http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/#comment-8092 kilowat Wed, 01 Oct 2008 03:06:44 +0000 http://www.DitchMitchKY.com/?p=1678#comment-8092 Yep we have seen how deregulation has help us out !! just about out of everything Yep we have seen how deregulation has help us out !!
just about out of everything

]]> By: Ernest Norsworthy http://www.DitchMitchKY.com/1678/my-fellow-kentuckians-dont-forget-that-mitch-mcconnell-wants-to-do-to-tva-what-hes-already-done-to-wall-street/#comment-8090 Ernest Norsworthy Wed, 01 Oct 2008 00:22:32 +0000 http://www.DitchMitchKY.com/?p=1678#comment-8090 Funny there's no mention of TVA's whopping rate increase effective October 1, largest in 50 years. But there's no PSC or any legislative body in Kentucky or in any of the six other states under TVA's mandated rule that can reduce that increase. I agree with your senators - TVA is anti-competitive and should be abolished. Ernest Norsworthy emnorsworthy@earthlink.net http://norsworthyopinion.com Funny there’s no mention of TVA’s whopping rate increase effective October 1, largest in 50 years.
But there’s no PSC or any legislative body in Kentucky or in any of the six other states under TVA’s mandated rule that can reduce that increase.

I agree with your senators - TVA is anti-competitive and should be abolished.

Ernest Norsworthy
emnorsworthy@earthlink.net
http://norsworthyopinion.com

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