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Tag Archives: Crony Capitalism
Rate/Taxpayers end up losers in bizarre authoritarian scheme called Indiana Gasification
October 28, 2012-by Mike Jarmus in the Ft. Wayne Journal Gazette You might not have, but the Indiana state government has signed a deal to potentially pass down the loss to taxpayers and natural gas users alike. Tracy Warner’s Oct. … Continue reading
Critics raise questions about Rockport power plan
March 18, 2012-by John Russell in the Indianapolis Star They were announced with great fanfare nearly six years ago: plans to build a high-tech plant in Rockport in southwestern Indiana that would use coal to produce billions of cubic feet … Continue reading
Posted in Uncategorized
Tagged Coal, Coal finance, Crony Capitalism, Indiana Energy, Leucadia National, Mitch Daniels, socialism
2 Comments
Why is this woman laughing?
Because as Director of the Indiana Finance Authority, she just screwed Hoosiers by negotiating a contract with Indiana Gasification that will make Hoosiers pay more for syngas gas than they would have to pay for natural gas for thirty years. … Continue reading
Posted in Uncategorized
Tagged Coal gas, Crony Capitalism, Indiana Finance Authority, Indiana Gasification LLC
1 Comment