In Dallas yesterday, Gov. Rick Perry took a stab at explaining why a company owned by his pal David Nance got $4.5 million from the state’s Emerging Technology Fund, after a vetting panel failed to give Nance’s company its OK. And, after a lot of weaseling around, the bottom line is that Perry couldn’t explain it.
That’s disappointing. He’s been a decent governor, and the tech fund is probably a good idea for business development. But this Nance deal–kudos to the DMN for uncovering it–looks like a clear abuse of the process, unless there’s a great explanation we haven’t heard yet. If Eddie Bernice deserves hell for her scholarship shenanigans, shouldn’t the guv get equal hell for this?