So the issue is a total loss for the state, with the tax payers picking up the issue. But to cap it off, they do not invest what they have, but borrow to invest at 100% interest so they can loose double on a zero return project.
Of course like all government largesse, when you dig deeper, you find their personal investments and kickback involved. It seems they do not mine flushing billions of other people dollars down the toilet if they can make a few bucks on the side. The big problem is they have become so addicted to OPiuM (Other Peoples Money) that they not only steal what we have, but by putting us in massive debt they are stealing our children's futures too.
Natural gas for cars is stupid. Gasoline works just fine. It is far more energy per pound, and much easier to handle and store. But for Pelosi to make a buck at her scheme, she not only has to steal money from the public coiffures to boost it, but she must destroy the oil industry by blocking drilling for decades to make a need to use this most unlikely fuel source.
The levels of the criminal complicity that borders on being a traitor is incredible.
God must be real pissed at these folks.
“but not bother to write in a bit of return on the “investment”.
ROI??? Oh, that’s an evil thing to the Libs - and YET, they whine and blame for jobs disappearing and being outsourced - AFTER corporations are being taxed to the max already (we’re only about 1/10th% behind Japan in having the highest corporate tax rate in the world - and the Dems - Obama, Pelosi, etal want to raise it even higher!!!)
And if I hear the phrases “big oil” and “windfall”, “record profits” one more time, think I’ll really throw up.
How incredibly, irresponsibly ignorant our elected officials in positions of power are, and how they mis-inform and lie to the American public.
They want to crack the whip on oil companies to magically produce more oil with only the existing leases they have, and then, if by chance, they DO find more - oh, by the way, they’ll get penalized and taxed even more.
DUHHHHHHH............