More trouble for TVA
OPS_admin | Mar 05, 2009 | Comments 0
More trouble for TVA
The Tennessee Valley Authority, already caught in a legal quagmire following December’s disastrous spill of a billion gallons of coal ash from its Kingston power plant, is in trouble yet again — this time for out-of-control credit card spending by its employees.
A two-year review by TVA’s Inspector General found that spending as part of a program created in 1995 for minor business-related expenses had ballooned to more than $75 million annually, the Associated Press reported:
Nearly a third of the purchases in fiscal 2007 were for more than $5,000, and many apparently were rubber-stamped by administrators.
One unidentified cardholder had more than $5.9 million in charges on six cards over two years. The person told auditors that supporting documentation was never checked.
The audit [pdf] found TVA spent more than $360,000 over two years on gifts for its own employees, including Xboxes, TVs and DVD players that were handed out as safety awards. The auditors also found questionable purchases of beer, wine and liquor, as well as a purchase of a sound reduction system so the cardholder could sleep better at night in corporate housing.
via ISS – More trouble for TVA.
Filed Under: Energy
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If we don't change our ways soon...
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.-Thom(Is there any chance we will learn in time? Tell us here.) -
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" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
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