14 May '11, 6am

There's No Budget Problem So Big There Isn't Room To Fund Racing: The state of Texas has been shifting family pl...

There's No Budget Problem So Big There Isn't Room To Fund Racing: The state of Texas has been shifting family pl...

The state of Texas has been shifting family planning funds, contemplating layoffs and finding any way possible to scrimp together enough extra money to fill in the massive budget gap they are facing. So, of course it's the perfect time to spend $25 million on race car driving. Via Think Progress : At a time when Texas is dealing with a record budget deficit by slashing essential services and possibly laying off 97,000 teachers, state lawmakers have committed taxpayers to funding Formula One auto racing at a steep price: $25 million a year for the next 10 years. The motorsport franchise left the U.S. four years ago because of low attendance, but the effort to bring it back — and base it in Texas — has been spearheaded by B.J. “Red” McCombs, the co-founder of conservative media conglomerate Clear Channel Communications. Despite being consistently ranked as one of Forbes 400 ...

Full article: http://www.care2.com/causes/politics/blog/theres-no-budge...

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Formula 1 EV is “World’s Fastest” Electric Racing Car

Formula 1 EV is “World’s Fastest” Electric Raci...

gas2.org 17 May '11, 2pm

This joint project came from two French companies, FCI and Formulec, who gathered scores of engineers from the Formula 1 f...

California Will Close Up To 70 State Parks To Save Money: In an attempt to reduce California's severe budget pro...

California Will Close Up To 70 State Parks To S...

care2.com 15 May '11, 3pm

In an attempt to reduce California's severe budget problems, officials will be closing 70 state parks across California , ...