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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
