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To: Roger A. Babb who wrote (132884)	3/22/2001 4:24:28 PM
From: Kevin Rose	Read Replies (1) \| Respond to of 769667

And that reminds me of another of the earlier comments (not picking on you, Roger, your post just reminded me). Who was the one who suggested more nuclear power plants here in CA? In case you haven't heard, every once in a while the ground tends to shake out here. I guess that would be one good way of reducing land values out here; irradiated land has a tendency to lower property values. Hmm, maybe that was the point, right? Would solve the power crisis, but cause more overcrowding at Disneyworld...

To: Roger A. Babb who wrote (132884)	3/22/2001 4:33:21 PM
From: Zoltan!	Read Replies (1) \| Respond to of 769667

But TVA power is not "cheap". It's subsidized. >>But TVA is not government subsidized You are wrong. TVA is heavily subsidized. heritage.org Private electric companies pay over $7 billion in income tax, TVA is exempt.

To: Roger A. Babb who wrote (132884)	3/22/2001 5:12:20 PM
From: Ish	Read Replies (1) \| Respond to of 769667

<<Zoltan, yes it would be a real disaster if some of that cheap TVA power found its way to California,>> I wouldn't mind seeing some of that cheap electricity getting to Illinois. We have plenty of power but are paying 11.5 per and have for years.

To: Roger A. Babb who wrote (132884)	3/23/2001 10:44:55 AM
From: TimF	Read Replies (1) \| Respond to of 769667

But TVA is not government subsidized and has not been since 1945 except for the fact that it is entitled to borrow money at the lower government bond rates and does not pay income tax. I believe they still do get a direct subsidy. Also not having to pay taxes in effect subsidizes them and borrowing money at a lower rate is a significant benefit for a capital intensive industry. Tim