Tennessee Valley Authority Privatization Act

[MasterJedi]

We could change it to "sell" and look for a buyer so we can get a good deal of money off of it?


And I hope the President is smart enough to sign this when it passes. It was needed back in the 30's but not now. And it would help us get rid of some of our debt.

[MasterJedi]

I know double posting but how about this amendment for people concerened about this? It changes the first part and adds another section.


1. The Tennessee Valley Authority shall be sold to private persons or corporations.

4. The government of Atlasia shall look for a proper buyer to sell the TVA to.
 

[MasterJedi]

I know double posting but how about this amendment for people concerened about this? It changes the first part and adds another section.


1. The Tennessee Valley Authority shall be sold to private persons or corporations.

4. The government of Atlasia shall look for a proper buyer to sell the TVA to.
 

Any comments on these two amendments? Like/dislike?

[MasterJedi]

As there has been absolutly no debate on the following two amendments (and it doesn't look like there will be any) I hereby open up the vote on them seperatly. Please vote Aye, Nay or Abstain.

1. The Tennessee Valley Authority shall be sold to private persons or corporations.

4. The government of Atlasia shall look for a proper buyer to sell the TVA to.

[MasterJedi]

Aye on both.

[MasterJedi]

Colin's absentee vote:

TVA Privatization: Aye on MasterJedi Amendments

[MasterJedi]

Abstain.

Okay, I have an idea that I didn't think of until now, but I don't know if it will work.  What if we get a whole bunch of suitable buyers, and hold an auction between all of them, would that work?

You mean like sell it to a bunch of different people so no one person would have the whole thing?

[MasterJedi]

Abstain.

Okay, I have an idea that I didn't think of until now, but I don't know if it will work.  What if we get a whole bunch of suitable buyers, and hold an auction between all of them, would that work?

You mean like sell it to a bunch of different people so no one person would have the whole thing?

That might work, too, but that wasn't what I meant.  I meant get 20 or so companies that meet our standards and hold an auction between them.

Well I'm not sure how that is really different from my amendment, it makes the government find somebody good to buy it so......

[MasterJedi]

Out of curiosity, who would be willing to buy the TVA?  I'd like to know if there's anyone who is, at least, currently interested.

I'm not exactly sure but I know there'd be somebody willing to buy it. There's also other people who know more about this than me.

[MasterJedi]

Tally (on both combined):

4 Aye
3 Nay
2 Abstain


So BONO decides wether this passes or if Ebowed gets to decide when he comes back on Monday (I believe it's Monday).

[MasterJedi]

4 Aye
4 Nay
2 Abstain

I present this to Ebowed to break the tie when he gets back on Monday.

[MasterJedi]

When are we getting a thread to reintroduce legislation from the last session, PPT?

Ebowed already did that last week and you missed it, you'll have to re-introduce it in the legislation thread.

[MasterJedi]

I'm not sure if we'd need an amendment to change it but I think we should change the last part to:

buyer or buyers

[MasterJedi]

I'll support Jake's amendment and I also have another change (which I should have seen when I first wrote it). The part in bold is the change that's been added.


4. The government of Atlasia shall look for a proper buyer or buyers to sell the TVA to.

[MasterJedi]

No debate on these either, I hereby open up the vote on these amendments. Please vote Aye, Nay or Abstain.

4. The government of Atlasia shall look for a proper buyer or buyers to sell the TVA to.

5. The Senate shall review all offers for purchase and must pass legislation authorizing the sale before the sale is finalized.

[MasterJedi]

Aye on both.

[MasterJedi]

Both of these amendments have enough votes to pass.

[MasterJedi]

Well if this is making $800 million dollars for the Federal Government every year I see now need as of now to privatize it unless someone can give me a convincing argument otherwise.

Well, we'd need to keep it producing at its current level for 1250 years to make an equivalent amount.

What Jake said here is one major reason to sell.

[MasterJedi]

Unless anybody says anything in about 24 hours I'll probably open up the final vote on this.

[MasterJedi]

If nobody proposes any amendments to this before sometime tomorrow morning I'm going to open up the final vote.

[MasterJedi]

Ok, no debate so I hereby open the vote on this bill. Please vote Aye, Nay or Abstain.



Tennessee Valley Authority Privatization Act

1. The Tennessee Valley Authority shall be sold to private persons or corporations.
2. The Secretary of the Treasury is hereby authorized to make necessary rules and regulations relating to the process of privatization.
3. The privatization of the Tennessee Valley Authority shall be completed before the year 2007.
4. The government of Atlasia shall look for a proper buyer or buyers to sell the TVA to.
5. The Senate shall review all offers for purchase and must pass legislation authorizing the sale before the sale is finalized.

[MasterJedi]

Nay because I know it will fail and this will help move it along.

[MasterJedi]

This bill has enough votes to fail, Senators now have 24 hours to change their votes.

[MasterJedi]

A beautiful day!  Even the poorhaters downed this crap!

Shut up Tweed.

[MasterJedi]

With 0 Ayes, 9 Nays and 1 Abstenation this bill has failed.