yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Investigating Shadiness | Water & Power: A California Heist


2m read
·Nov 11, 2024

[background noises] [music playing] [printer printing] [music playing]

Some people gave a tip to Public Citizen, a Washington D.C.-based non-profit organization, about what appeared to be some shady water deals going on in Central Valley of California. The first thing I did was I looked up the Kern Water Bank online. Google was in its early years--more or less, 2003.

Well, it turns out it's largely controlled by something called "Roll International." And when I called their headquarters and asked to speak to a public relations person, they said they didn't have one. And I said, "Well, to whom should I address any research questions?" They said, "We don't give information to the public. We suggest you don't research us," and hung up.

So I drive down to Bakersfield and then followed the directions out to the address, and I'm a little bit confused because the sign outside says "Paramount Farming Company"--not "Kern Water Bank Authority." Walk in the front door and ask a receptionist, "Is--the Kern Water Bank, do you know where that office is?"

"Oh, yeah. They're just down the hall," they said. It's like, "OK." The Kern Water Bank is this supposedly public entity, and the members are a number of different water districts--water agencies, water storage districts, and also a private company called "Westside Mutual Water Company, LLC."

And I remember asking, "Who are they?" "Well, they're landowners." "Well, what land do they own?" "Well, they represent their own land." They didn't want to mention the name "Paramount Farming," which was notable considering where we were sitting--which was inside Paramount's office building.

It seemed as if this is a case of extremely valuable public property, an essential element of the state public water system, which had essentially been given to a very wealthy private company--but really just one landowner, one corporate farmer. [music playing]

More Articles

View All
Green Flags Of Financially Educated Person
One of the biggest problems that plagues the happiness of this world is a lack of financial education. Too many people have little to no understanding of how money moves around the world, and you can tell when someone is financially educated by checking f…
NERD WARS: Catwoman Vs Samus?
Hey there! I got that pizza you ordered. Oh Jesus, it’s sexy! Nerd, it’s time for another Nerd Wars! Sexy Nerd Wars! This one to women. It’s going to be Samus Aaron versus Catwoman from Jax Kobe. Thanks, Jack Kobe! Thank you, Jack Kobe! I know there’s d…
Possessive pronouns | The parts of speech | Grammar | Khan Academy
All right, grammarians, let’s get down to it and start talking about possessive pronouns. A possessive pronoun is a pronoun that we use to show possession of something, which is just sort of a fancy way of saying you have it. So possession equals having s…
Tales of a Tailfeather | Explorers in the Field
(Birds chirping) (Soft music) - My relationship to the natural world was largely fostered through my grandparents who owned a farm in Idaho. We would go there every summer and we were free to roam and play in the forest and hang out. But I still didn’t ne…
How To Become A Millionaire: Index Fund Investing For Beginners
What’s up you guys, it’s Graham here. So let’s cover one of my favorite ways to invest ever, besides real estate. I would even go so far as to say that this is the best, safest, and easiest long-term investment strategy out there for most people. Also, th…
How Peter Lynch DESTROYED the Market by 2,639%
Single most important thing to me in the stock market for anyone is to know what you own. If you have a desire to make money investing in the stock market, then you need to watch this video. And this is not coming from me; it’s coming from legendary inves…