Posts Tagged: diane feinstein

Where money flows like water

Kern Water Bank

Outside of the arid west, it’s a little difficult to grasp. But where rain is a merely a seasonal phenomenon, water is very much a commodity.

As Mark Grossi writes in the Sacramento Bee, there’s enough skullduggery and swindling going on with California’s water to provide a storyline for a Chinatown sequel.

According to two lawsuits filed by environmentalists, a backroom deal orchestrated the transfer of the state-owned Kern Water Bank to an agency controlled by private interests. (more…)