How California's Oil and Water Policies Are Bankrupting Higher Education
May 27, 2010 |
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Patrick Porgans discloses how the Debt Affordability Report released by State Treasurer Bill Lockyer found that water infrastructure should be paid for by users, not the General Fund and the state's taxpayers as it has been for decades. Could this mark the beginning of the end for massive rip offs of water and taxpayers' money by Westlands Water District, corporate agribusiness and other wealthy water users, who have presided over the destruction of California's fisheries?
"Profiteering water users have been getting rich at the expense of unsuspecting taxpayers, who incur insurmountable debt to keep unsustainable agricultural 'operations' in the 'green' and out-of-the red," said Porgans. "Perhaps, as the Treasurer suggests, it is time for change."
The report was released at a time when Governor Arnold Schwarzenegger, Senator Dianne Feinstein, Senator Darrell Steinberg and corporate agribusiness are pushing for the construction of a massive peripheral canal in order to export more water from the California Delta to southern California and agribusiness.The environmentally destructive project would cost anywhere from $23 billion to $53.8 billion, according to a recent report by Steve Kasower, economist.