Tennessee Valley Authority Privatization Act
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Author Topic: Tennessee Valley Authority Privatization Act  (Read 9036 times)
The Dowager Mod
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« Reply #25 on: January 13, 2006, 05:45:30 PM »
Nay
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CheeseWhiz
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« Reply #26 on: January 13, 2006, 06:06:58 PM »
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?
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MasterJedi
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« Reply #27 on: January 13, 2006, 06:18:36 PM »
Quote from: CheeseWhiz on January 13, 2006, 06:06:58 PM
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?
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CheeseWhiz
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« Reply #28 on: January 13, 2006, 06:32:51 PM »
Quote from: Senator MasterJedi, PPT on January 13, 2006, 06:18:36 PM
Quote from: CheeseWhiz on January 13, 2006, 06:06:58 PM
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.
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MasterJedi
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« Reply #29 on: January 13, 2006, 06:36:11 PM »
Quote from: CheeseWhiz on January 13, 2006, 06:32:51 PM
Quote from: Senator MasterJedi, PPT on January 13, 2006, 06:18:36 PM
Quote from: CheeseWhiz on January 13, 2006, 06:06:58 PM
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......
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Gabu
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« Reply #30 on: January 13, 2006, 06:37:16 PM »
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.
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MasterJedi
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« Reply #31 on: January 13, 2006, 06:38:52 PM »
Quote from: Senator Gabu on January 13, 2006, 06:37:16 PM
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.
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TomC
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« Reply #32 on: January 13, 2006, 06:49:06 PM »
« Edited: January 13, 2006, 06:51:54 PM by Governor TCash »
You should consider having an IPO, so many people can buy into it  Take it public.

Also, is there any concern about foreign ownership?
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DanielX
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« Reply #33 on: January 13, 2006, 07:45:34 PM »
Quote from: Governor TCash on January 13, 2006, 06:49:06 PM
You should consider having an IPO, so many people can buy into it  Take it public.

That's a good idea. Sell shares, then spin it off as a corporation.
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12th Doctor
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« Reply #34 on: January 13, 2006, 07:52:28 PM »
I urge all my fellow Senators to vote Aye on the amendments, simply because this is going to pass no matter what, I feel, so we might as well get the best deal we can.
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Platypus
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« Reply #35 on: January 13, 2006, 08:11:54 PM »
Nay on both amendments. I support the idea of selling 49%, but keeping a majority stake. I would suggest that the 49% we sell should become publicly listed, so that the shares are bought by the public.
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Bleeding heart conservative, HTMLdon
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« Reply #36 on: January 13, 2006, 08:25:03 PM »
This legislation is an absolute abomination.
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12th Doctor
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« Reply #37 on: January 13, 2006, 08:34:23 PM »

While I am with the Sneate on privatizing the TVA... as I think privitization of similar networks has been a possitive step in PA and we do need to eliminate the deficit... I think it should be done so on our terms and not just left up to the whims of investors or some corperation.
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The Dowager Mod
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« Reply #38 on: January 13, 2006, 09:09:08 PM »
At last an ally!
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Jake
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« Reply #39 on: January 13, 2006, 10:29:00 PM »
Quote from: Senator MasterJedi, PPT on January 11, 2006, 06:58:41 PM
1. The Tennessee Valley Authority shall be sold to private persons or corporations.
Aye

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Aye
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Gabu
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« Reply #40 on: January 14, 2006, 09:06:48 AM »
Aye to both, I guess.  I'd still be up in the air about this bill either way.  I would really like to know who might be interested in buying it before voting for something that would require us to sell it.
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MasterJedi
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« Reply #41 on: January 14, 2006, 09:11:05 AM »
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).
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Filuwaúrdjan
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« Reply #42 on: January 14, 2006, 09:14:58 AM »
Quote from: Senator Gabu on January 14, 2006, 09:06:48 AM
Aye to both, I guess.  I'd still be up in the air about this bill either way.  I would really like to know who might be interested in buying it before voting for something that would require us to sell it.

Why the magic of the free market will find a magic buyer...
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Emsworth
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« Reply #43 on: January 14, 2006, 09:20:55 AM »
Quote from: Al the Sleepy Bear on January 14, 2006, 09:14:58 AM
Quote from: Senator Gabu on January 14, 2006, 09:06:48 AM
Aye to both, I guess.  I'd still be up in the air about this bill either way.  I would really like to know who might be interested in buying it before voting for something that would require us to sell it.

Why the magic of the free market will find a magic buyer...
Nothing in the bill suggests that there should only be a single buyer. As far as I can tell, the text of the bill (at present) allows shares in the TVA to be sold to private investors, in the same fashion as shares of any normal company.
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Bono
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« Reply #44 on: January 14, 2006, 01:00:14 PM »
Nay on both. Not so much becuase of theri content but becuase they're horrible vague and poorly written.
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MasterJedi
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« Reply #45 on: January 14, 2006, 01:07:23 PM »
4 Aye
4 Nay
2 Abstain

I present this to Ebowed to break the tie when he gets back on Monday.
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Bono
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« Reply #46 on: January 14, 2006, 01:08:28 PM »
When are we getting a thread to reintroduce legislation from the last session, PPT?
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MasterJedi
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« Reply #47 on: January 14, 2006, 01:13:09 PM »
Quote from: Demi-Senator Bono on January 14, 2006, 01:08:28 PM
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. Smiley
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Ebowed
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« Reply #48 on: January 16, 2006, 12:12:12 AM »
Quote from: Senator MasterJedi, PPT on January 14, 2006, 01:07:23 PM
4 Aye
4 Nay
2 Abstain

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

Yea
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MasterJedi
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« Reply #49 on: January 16, 2006, 07:09:35 AM »
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
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