Until he was suspended without pay after yesterday’s revelations, Kaloyeros oversaw $43 billion in tech investments, including private money leveraged by state funds. He also did quite well for himself, collecting more than $10.4 million in pay over the past seven years, supplementing his $549,947 salary in 2015 with $877,078 from the SUNY Research Foundation.
Meanwhile, regardless of what happens in the corruption cases, New York taxpayers are locked into what amounts to a business partnership with SpaceX and Tesla tycoon Elon Musk, who’s proposing a takeover of heavily indebted SolarCity.
If it doesn’t work out, Musk can always fall back on SpaceX, which has announced a partnership with NASA to launch an unmanned mission to Mars — where Musk has suggested he’d like to retire. And if not the Red Planet, there’s always Buffalo.
Just another example of Corporatism
And don't think it is just the left. Here is a right wing favorite:
Pharmaceutical Company Supports Cannabis Prohibition To Protect Its Profits
The left loves its environmentalists and the right loves its prohibitionists. Corporations/Government take advantage of both.