7/27/2007

How Rick and Ric benefit while taxpayers pay more.


Gov. Rick Perry and his appointed TxDOT chair Ric Williamson claim Texas has run out of tax dollars to build any more free roads.

But, TxDOT, under the Perry and Williamson direction, is diverting billions of tax dollars, intended for free roads, into toll roads (where freeways should be). Then the toll road, that took the limited right of way for a public expressway, is sold off with back room deal called a Comprehensive Development Agreement (CDA). A freeway toll tax monopoly, like SH 121 in Dallas, is created in secret.

And, even though Gov. Perry promised the 4,000 mile Trans Texas Corridor (TTC) would cost the public zero tax dollars, a recent state auditors report reveals the TTC has already cost taxpayers $90 million, and not even one mile has been built.

When the railroad was first laid down in the United States, crafty businessmen could contribute to officials who would decide the exact path of the railroad. Businesses near the railroad would have a vast advantage over those who where not. Being able to transporting goods and services cheaper than your competitors can pumps up profits, and kill competitors.

A 1997 financial statement from Rick Perry, the last financial public statement before his investments would be locked into a trust, shows how Perry has interests in MKS Consulting, an oil and gas company that Ric Williamson and his wife run.

MKS Consulting will benefit from the TTC, which will include enormous underground pipes to transport oil, gas and other utilities. Those TTC pipelines will pass only miles away from Weatherford Texas, which is the home office of MKS Consulting and hometown of Ric Williamson.

Should a rogue Governor and his close pal benefit while taxpayers pay more for wildly unpopular policies?

Also of interest, Ric Williamson’s hometown of Weatherford was one of the very first cities to receive “pass through financing” from TxDOT, a rare no toll financing option to build a free road in Texas today.

And, just weeks ago, TxDOT gave Weatherford Texas a grant (paid for with tax dollars, intended for freeways we can “no longer afford”) which will pay for Weatherford's police overtime.

3 comments:

Peter Stern said...

This is a good one, Sal. Keep up the good work!

P

Anonymous said...

Can't wait till the next election, come on November 2008!!!

Noneya D Buisness said...

Why is that most people believe
this to be case, but do not care?
By not caring we are really screwing our transporation needs for the future. I wish Texans would
really wake up. Thanks for your hard work Sal.