Speaking of federally-guaranteed debt...

Thomas Lifson
Ernest Nosworthy points out that the TVA, our FDR-era experiment in socialism, may soon need its debt ceiling expanded. Under private management, he thinks the utility could be a winner. As long as we are restructuring the federal government's role in the economy, maybe it is time to sell off some federal assets.
Ernest Nosworthy points out that the TVA, our FDR-era experiment in socialism, may soon need its debt ceiling expanded. Under private management, he thinks the utility could be a winner. As long as we are restructuring the federal government's role in the economy, maybe it is time to sell off some federal assets.