"We would conclude, on the basis of perhaps 15 years of research, that there's nothing magic about privatization," says Henry Levin, a professor of economics and education at Columbia University's Teachers College in New York, and director of the National Center for the Study of Privatization in Education."

Oh OK....
No bias here...
LOL!

Luminant, formerly TXU is a Dallas-based energy company involved in electricity generation, distribution, and sales. In Feb 2007, TXU announced its acquisition by an investor group led by private equity firms Kohlberg Kravis Roberts & Co. (KKR) and Texas Pacific Group. In July 2007, TXU announced that its power generation and related businesses would now be assigned to the Luminant name. Both TXU and Luminant would be owned by Energy Future Holdings.

EFH is owned by a group of investors led by KKR and TPG, as well as global investment bank Goldman Sachs. As part of the estimated $45 million buyout, Luminant settled a series of lawsuits with Environmental Defense and the Natural Resources Defense Council and agreed to cancel 8 of its planned 11 new Texas coal-fired power plants as well as several new coal fired plants in Penn and Virginia, back federal legislation to create a cap-and-trade system regulating CO2 emissions, and double spending on energy efficiency. In return, Environmental Defense and NRDC agreed not to campaign against TXU’s remaining 3Texas coal-fired plants.In March 2007, TXU announced its official withdrawal of the air permit applications for the 8 cancelled plants. http://sourcewatch.org/index.php?title=Luminant

New EPA rule could lead to rolling blackouts in Texas, PUC chairwoman says
..."The EPA says the rule will save and prolong lives by reducing harmful smog and soot pollution. Gina McCarthy, an EPA assistant administrator, said in a previous statement that power plants in the state "will be able to cut their pollution without jeopardizing reliable electricity service for Texans."
But Dallas-based power generator Luminant says it doesn't have enough time to comply and has asked that the EPA delay implementation.

The company says the industry's standard time frame for installing emission controls is several years, but the rule requires compliance in six months. So Luminant, a subsidiary of Energy Future Holdings, has said it may have to shut down some coal-fired power plants in East Texas.

"Curtailing plant and/or mine operations will be the only option" if the 1,323-page rule goes into effect as planned, Luminant said."..
http://www.star-telegram.com/2011/08/19/3301808/n...

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown http://www.youtube.com/watch?v=cMnSp4qEXNM

Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis. At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat. http://www.youtube.com/watch?v=_MGT_cSi7Rs&NR....

http://apathetic-usa.com/

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown http://www.youtube.com/watch?v=cMnSp4qEXNM

Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis.
At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae
and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat. http://www.youtube.com/watch?v=_MGT_cSi7Rs&NR...

jtsgrandmom pretty well says all that is needed to say!

Why is it that since the election, we now read of UN Forces being in command with much less focus on 'American troops' especially so with 'mshaps' involving civilians?

Could it be CYA for the Administration? Just asking...

Who is John Galt?

Who would have ever guessed that the one-time Soviet propaganda paper Pravda
would some day (now) warn us of the evils of Marxism? Make certain you read page 2.

We are in a world of hurt!