December 29, 2013

TIM CARNEY GOES OUT ON A LIMB: Prediction: This ‘Green Bank’ will get tangled up with cronyism scandals.

) This is New York State.

2) This is a government agency funding private businesses.

3) This is in a sector where profits already are tied up with politics.

4) This is in a sector in which people are always promising the next miracle fuel/technology.

Therefore: I predict we get an ugly cronyism/corruption scandal related to the NY Green Bank within two years.

Pretty safe bet.