So He's Not Saint Boone Then?
Categories: Biz
What some Morning News readers are apparently discovering for the very first time today -- T. Boone Pickens is really, really into money! -- Los Angeles Times readers figured out, like, nine days ago in this opinion piece about who, precisely, will fund Pickens' Plan:
Well, Californians can clarify exactly whose dime it will be: Ours. Along with being the country's biggest wind power developer, Pickens owns Clean Energy Fuels Corp., a natural gas fueling station company that is the sole backer of the stealthy Proposition 10 on California's November ballot. This measure would authorize the sale of $5 billion in general fund bonds to provide alternative energy rebates and incentives -- but by the time the principal and the interest is paid off, it would squander at least $9.8 billion in taxpayer money on Pickens' self-serving natural gas agenda.Again, who knew? Hell, it's all probably going to OSU anyhow. --Robert Wilonsky
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