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Perry’s ‘Wall Street-ification’ of TxDOT

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white cloud Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 07:53 PM
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Perry’s ‘Wall Street-ification’ of TxDOT
Rick Perry and the GOP-dominated Texas Legislature are presiding over the most fundamental transformation of the Texas Department of Transportation (TxDOT) in its history. Gone are the days of Dewitt Greer, who led the Department in its glory days when it was lean, super-efficient, and projects were well-managed and cost effective. Greer was known for eschewing debt and nixing anything that wasn’t a good deal for the taxpayer.

Now, under Perry, he’s left professional certified engineers behind and chosen political hacks, bankers, and campaign donors to run TxDOT, recently installing Jeff Austin III, a banker, as a Transportation Commissioner and Phil Wilson, former Perry aide and lobbyist for an energy company who donated over $1 million to Perry through the Republican Governor’s Association, as the new Executive Director. Even before Wilson spent a single day on the job, Perry and the Legislature bumped-up his salary by $100,000 in a down economy when every other state agency has experienced cuts. Perry’s Transportation Commission just authorized Wilson to expand his executive officers up to five, bringing the total for annual salaries of the entire executive team to more than $1.5 million.

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http://www.examiner.com/transportation-policy-in-san-antonio/perry-s-wall-street-ification-of-txdot
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sonias Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-07-11 01:14 PM
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1. People don't realize what they have till its gone
...Dewitt Greer, who led the Department in its glory days when it was lean, super-efficient, and projects were well-managed and cost effective. Greer was known for eschewing debt and nixing anything that wasn’t a good deal for the taxpayer.


Now TXDOT is just another slush fund for Perry's campaign donors. :mad:
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