Tuesday, September 3, 2013
Official Endorsement: AGAINST Texas Constitutional Amendment 6 (aka. Joe Straus' Water Slush Fund)
It's amazing how much horse manure the Republican 'leadership' of the Texas Legislature expects us to swallow; just like the Obama administration, Texas Republican 'leadership' won't let a good crisis go to waste.
Faced with an ongoing, exceptional, drought Texas Republicans, led by Speaker Joe Straus, are attempting to hoodwink voters into draining the state's savings account to enrich Joe Straus' cronies without solving our genuine water problems.
Specifically, Prop. 6 would amend the Texas Constitution to create a "water infrastructure bank." This "water infrastructure bank" would "set up a historic revolving loan program available to local governmental entities." In other words, a bunch of lobbyists in Austin would make "revolving loans" to the same Texas local government entities that have already run up $288 BILLION in debt (principal plus interest).
All this talk of publicly financed "water infrastructure banks" making "revolving loans" to "local government entities" is politician-speak for the insiders getting rich while the rest of us foot the bill.
Making matters worse, the concept of an infrastructure bank was first proposed by Franklin Roosevelt. It's most prominent modern proponent has been the former Democrat Governor of Pennsylvania, Fast Eddie Rendell. That Joe Straus and his cronies are pushing ideas originally proposed by Franklin Roosevelt and Fast Eddie Rendell tells you everything you need to know about Joe Straus and his cronies.
Over the next two months, Texas voters should expect a hysterical and disingenuous campaign designed to sow panic. They shouldn't fall for it. The Texas "water infrastructure bank" is a classic attempt by politicians to use an alleged crisis for personal enrichment.
The time has come to send a message to Joe Straus and the rest of the corrupt Republican leadership in the Texas Legislature: Vote AGAINST Texas Constitutional Amendment 6.