September 12th, 2008Congress working hard to make T Boone Pickens even richer
T Boone Pickens likes to portray himself as an environmentalist, but deep down inside, he is just a capitalist, wanting to get richer from your hard earned tax dollars. The Pickens Plan is flooding all areas of the news lately. At the surface, it seems logical – reduce dependence on foreign oil, and aggressively pursue environmentally friendly energy sources. But in reality, T Boone Pickens is just begging congress for handouts to support the growth of his wind energy companies. And those T. Boone handouts are making progress, with congress introducing measures recently (Max Baucus and Chuck Grassley) to give Boone the money he is asking for.
But wind is not the only catalyst for T Boone Pickens to steal your tax dollars. He has also bought significant water rights throughout Texas, and also bribed lobbied government officials to create a town out of the land he bought above the Ogallala fresh water aquifer, the largest in the United States. The plan is that this new town can sell water directly to municipalities, including Dallas, netting T Boone Pickens potentially hundreds of millions per year. And the United States government is willingly picking up the tab for the dual purpose wind and water land under the false presumption of “reducing dependence on foreign oil”.