Readers Write: Aug. 14

Plant mismanagement affects shareholders, too

Jay Bookman faults Georgia Power and its parent, Southern Co., for the financial debacle of their Plant Vogtle nuclear project (“Ga. Power, Southern Co. nuked a lot of credibility,” Opinion, Aug. 9). The electric utility’s repeated failures to accurately predict costs and completion timetables cause Bookman to question the utility’s ability to “fully grasp their undertaking” and even their “corporate honesty.” (And Bookman omits equally deserved criticism for Southern’s coal-gasification project in Mississippi, with its similarly mismanaged costs and timetables.)

While the company’s executives were shrewd enough to place the venture’s financial risks on “the backs of ratepayers, and none on its own shareholders,” shareholders still face a lower stock price due to company mismanagement, and Georgia Power employees have been subjected to several rounds of job layoffs. Relatively unscathed are company top executives.

It’s time those too-smart-by-half executives are properly “recognized” for their half-smart decisions.


Less-fortunate do contribute to success

To the letter-writer of (“Getting a trophy,” Readers Write, Aug. 7): yes, we all make money on the backs of those who make less than we do. And who are these people, you ask? Anyone making less than a livable wage, including rank-and-file workers and service personnel of any kind. The promise of technology, which envisioned workers across the board enjoying its profits, has held true only for those in charge of distributing profits. These are the true “takers” in our society, aided and abetted by Republicans. Until such time as livable wages are the norm, it is only reasonable that there be even more government assistance for low- and middle-income folks, paid for by those of us who have benefited most from the blatant and unequal distribution of profits.


Next Up in Opinion

Opinion: A substantive effort to boost ailing rural Georgia
Opinion: A substantive effort to boost ailing rural Georgia

Health care access in rural communities such as McRae, where Telfair Regional Hospital (above) closed in 2008, is one of the goals of the proposals unveiled by the House Rural Development Council on Wednesday. (AJC File Photo / Hyosub Shin) MILLEDGEVILLE — Almost 150 years have passed since the seat of Georgia’s government...
Readers Write: Dec. 15

Salt, sand great for roads but bad for cars Wow! Our first decent snowfall in years. The state and city seem to have responded pretty well to mitigating the snow and ice conditions on our roads. One thing I learned from my winters in Maine is when the road crews start putting down brine, rock salt and sand, while they do a great job of providing traction...

(YouTube) I swear, these people have lost their ever-lovin’ minds. They have snipped their last tethers to reality and gone floating off into a fantasy land of their own creation. Take our own U.S. Rep. Doug Collins, Republican from Georgia. In a House Judiciary Committee hearing on Wednesday, Collins joined his GOP colleagues...
Opinion: What should we fight for?

“We will never accept Russia’s occupation and attempted annexation of Crimea,” declaimed Rex Tillerson last week in Vienna. “Crimea-related sanctions will remain in place until Russia returns full control of the peninsula to Ukraine.” Tillerson’s principled rejection of the seizure of land by military force &mdash...
COMMENTARY: Alabama, sweet home of progress

Alabama. Who knew it would become one of the most beautiful words in American politics? It turns out there could have been no better place to test the limits of indecency, the limits of Trumpism, the limits of Republican partisanship and, yes, the limits of racial subjugation. If the angry ideology of the far right cannot make it in one of our most...
More Stories