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What You Should Know / July 12, 2010

exiledonline.com -- A group of water oligarchs in California have engineered a disastrous deregulation and privatization scheme. And they’ve pulled in hundreds of millions of taxpayer dollars without any real public outrage. The amount of power and control they wield over California’s most precious resource, water, should shock and frighten us — and it would, if more people were aware of it. But here is the scary thing: They are plotting to gain an even larger share of California’s increasingly-scarce, over-tapped water supply, which will surely lead to shortages, higher prices and untold destruction to California’s environment.

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