Tuesday, May 1, 2012

Does Houston - or Texas - have business leaders anymore?

Paul Burka's surprising answer is no. He responds to a Houston Chronicle article wondering why Houston's business leaders don't stand up to Governor Perry's refusal to address the state's crumbling infrastructure by stating:

there are no business leaders in this state. Ken Lay was the last one (as painful as it is for me to write that), and his business turned out to be a house of cards. The reason that today’s business leaders aren’t leaders is that Houston and Dallas have become outposts of Wall Street. The local banks are run by people who are sent to Texas, stay for five years, and recycle themselves somewhere else. They have no long-term stake in the success of their temporary place of residence, much less Texas; they only care about what they can contribute to their institution’s bottom line while they are here. The Greater Houston Partnership is a shell of what it used to be. George R. Brown would weep at its lack of influence. Bob Lanier must be appalled. It is just another Perry echo chamber. It is inconceivable that CEO Jeff Moseley would challenge Perry’s budget plans. If he dared to try, I suspect he would be out of a job.

The Greater Houston Partnership - once very powerful - is now just a shell, a rubber stamp for the governor.