Texan's $14 billion to Benefit Governor's Son

Rick Perry is at it again. The governor of Texas has proposed selling the state lottery for a sum of $14 billion dollars to a private company. I am not necessarily against selling the lottery, but I do always take a second look when Perry makes a decision and boat loads of money are involved.

Under Perry’s plan, the $14 billion would be placed in three separate trusts. The earnings from these trusts would fund health insurance for poor Texans, public education, and the largest cancer research project in the nation.

The financial firm helping Perry make these decisions about what is good for our money is UBS. They would have much to gain if this deal went through. $$$$$$

The kicker is the connection the governor has to UBS. Griffin Perry, the governor’s son, was recently hired by UBS. This could be a coincidence; however, with Rick Perry’s track record of spending state monies to benefit his associates, I sort of doubt it.

It does not help Perry’s case that one of his best friends, former U.S. Senator Phil Gramm of Texas, is the vice chairman of UBS investment bank.

Consistently in the case of Rick Perry‘s decisions, you can follow our money into the pockets of his friends and family. Again, Rick Perry is in bed, but I never suspected it to be with his own son.