_5a, 5-8-09, more on water

_5a, 5-8-09, more on water - Ec.148,FridayMay8,2009,Quiz#5a...

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Ec. 148, Friday May 8, 2009, Quiz #5a 1. From 1941-45, the U.S.S.R. (i.e. communist Russia and its empire) was an ally  of the U.S.A., in the fight against Nazi Germany and its empire. President FDR  fostered this relationship. Following the war, smoldering anti-communist feelings  flared up. Many aspiring statesmen rode this “red scare” to Congress. One of  them was Senator Sheridan Downey of California. He represented major farm  landowners who received water from the Central Valley Project (CVP). The  original Project included supply contracts with limited terms (40-years), and other  provisions to enable future release of waters to cities. Downey and his clients  attacked this as a red plot. They pointed out that the law makes water  “appurtenant” to the lands to which originally applied. Have attitudes changed  since then, and if so, how? a. The landowners still want the 40-year terms to be renewed automatically  and silently, but now it is to enable them to sell the water to cities. b. Cities will pay many times more for the water than the farm owners pay  the U.S. Bureau of Reclamation (USBR), which wholesales the water to  them. c. Public agencies that interfere with selling farm water to cities are now  attacked for being bureaucratic and socialistic. d.
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This note was uploaded on 02/03/2010 for the course ECON econ148 taught by Professor Fle during the Winter '09 term at UC Riverside.

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_5a, 5-8-09, more on water - Ec.148,FridayMay8,2009,Quiz#5a...

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