, Muskogee, OK


August 21, 2013

Suspending GRDA review smart move

Gov. Mary Fallin did the right thing in listening to her constituents and suspending her review of the Grand River Dam Authority.

Fallin created a 15-member task force to complete a “full and thorough study” of the self-funded state agency.

The task force was expected to recommend potential changes to improve efficiencies.

However, critics saw the review as a pretext to privatizing parts or all of the GRDA.

Municipal governments buy electricity from the GRDA.

The cities then sell the electricity to citizens for arguably a lower rate than what a private company can offer.

Many private companies answer to stockholders.

The stockholders buy shares as an investment and expect a positive return on their investment.

It’s a money making operation.

The GRDA is not tethered to the need to make specific amounts of money.

The GRDA can deliver a good product for a good price. Cities can turn around and sell that for a price that many times is lower than strictly for-profit businesses.

That could have been very bad for consumers.

Gov. Fallin’s administration must have heard from her constituents and reacted accordingly.

That’s to her credit.

Text Only
AP Video
Joy Fills Streets of Cleveland As LeBron Returns Proposed Bill to Regulate NY Costumed Characters WH: LeBron's Move a 'Powerful Statement' Ana Ortiz on 'Devious Maids' Finale CDC Addresses Lab Safety Problems Texas Shooting Suspect Collapses in Court Death Toll Tops 100 As Israel Offense Continues LeBron James Says He's Returning to Cavaliers Man Flees Police in World Cup Scalping Scheme Robot Writes Jewish Torah Scroll Raw: Israel, Gaza Exchange Rocket Fire More Immigrants Detained Along Rio Grande World Cup Final Pits Argentina Against Germany Police: Prostitute Linked to 2nd Death Thousands Attend NYC Firefighter's Funeral Art of Haitian Machete Fighting Revived Raw: Australia Hosts Annual Beer Can Regatta Mass. Mayor: Families Lost Everything in Fire Fans Dying to Be Near Jazz Greats Robots Gearing Up for Their Own 'World Cup'

Should a federal judge have the power to strike down Oklahoma's ban on gay marriage?

     View Results
Featured Ads

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.