Friday, November 4, 2011

Fuzzy math...and water

The Fort Worth Business Press recently did an article on the recent meeting concerning the Texas water shortage.  Yes, "leaders" finally admit there is one.  (Remember back when the Biz Press was concerned about water?)

The article says Texas business could lose hundreds of billions of dollars due to having no water.  Don't worry, the Trinity River Vision will save us.  Or not.

Notice what they say about Proposition 2 and general obligation bonds.  Remember, you don't get to vote on those either.

State representatives and city officials convened for the Oct. 20 gathering, where a DFW Hyatt Regency ballroom echoed with urgency.

Officials hammered home some startling facts. Unless more water infrastructure is built, Texas businesses and their employees could lose $115.7 billion in income, according to figures released by the Texas Water Development Board.

If approved by voters, the constitutional amendment would allow the Texas Water Development Board to issue general obligation bonds for water infrastructure upgrades.

“Water is really about economics"

You can say that again.

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