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
Comments (0)
-
The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
LEGALIZE Democracy
" 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. __________
MOVE to AMEND
a project of the CAMPAIGN TO LEGALIZE Democracy
Help end Corporate personhood
-
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. 
