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> the current political heads for the state of Texas (and county of Taylor) will happily trade future liability of their constituents for investment now (and ki
by kortilla 5y ago
> the current political heads for the state of Texas (and county of Taylor) will happily trade future liability of their constituents for investment now (and kickbacks later)
Do you have some examples of this?
- kurthr 5y agoERCOT, the massive statewide blackouts, and bailing out massive price gouging of the electric utilities that basically makes the reliability of the grid an issue in the first place? https://www.texastribune.org/2021/05/25/electricity-market-financing-winter-storm/ https://www.texastribune.org/2021/05/25/electricity-market-f... Or, in general: https://www.texastribune.org/2017/08/09/are-business-ties-between-lawmakers-and-public-entities-conflict-inter/ https://www.texastribune.org/2017/08/09/are-business-ties-be... Billion dollar "public/private" investments turn in to boondoggles except for those who retire as lobbyists or foreign firms who pick up the pieces of the bankruptcy.