Obama To Privatize The TVA?

…In its budget, the White House makes clear that the scrapping of the TVA is only the first in a general selloff of federal assets that “have achieved their original objectives and no longer require federal participation.”

To pursue this goal, the budget proposes an independent commission with the specific task of selling off social programs and infrastructure, which would “create an independent board of experts to identify opportunities to consolidate, reduce, and realign the Federal footprint, as well as expedite the disposal of properties.”

The selloff of government assets such as the TVA parallels events in Greece, where key government infrastructure has been stripped off to pay government bondholders…



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