Jim Hightower's Lowdown
Jim Hightower's Radio Lowdown
A Thundering Herd of Bankers Robbing Oklahoma City Taxpayers
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A Thundering Herd of Bankers Robbing Oklahoma City Taxpayers

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Oklahoma troubadour Woodie Guthrie wrote a song about outlaws that was right on target:

“As through this world I’ve traveled
I’ve seen lots of funny men
Some’ll rob you with a six gun
Some with a fountain pen.”

That could apply today to Clayton Bennett, a multimillionaire Oklahoma City banker who has regularly wielded his fountain pen to loot public funds for his private gain. Bennett is a Hall of Infamy player in the elite club of big league owners of pro-basketball teams, specializing in picking taxpayers’ pockets to finance his operations. In 2006, he and a few high-rolling partners bought the Seattle SuperSonics team, promptly demanding that locals pony up $500 million to build a new arena for them.

No, said Seattle. So Bennett & Gang scampered off to Oklahoma City with the team (renaming it the Thunder), using their fountain pens to filch a $100-million subsidy from taxpayers there. Soon, Bennett and the Gang struck again, demanding that local officials hand over another $115-million subsidy.

Gratitude? Robbers don’t say thank you. They refill their fountain pens. As Judd Legum reports in his excellent Substack report Popular Information, Bennett is now demanding $850 million from OKC taxpayers to build a glittery new basketball palace for him. Legum notes that this is about “$3,200 for every Oklahoma City household,” and that Bennett’s take will deplete the budget of about a dozen essential community projects.

Popular Information
The Oklahoma City boondoggle
The Oklahoma City Thunder and its fans have made Clayton Bennett and the other owners of the NBA team extraordinarily wealthy. Bennett purchased the franchise, then called the Seattle Supersonics, in 2006 for $325 million…
Read more

He also has an inside accomplice: The Mayor. Having taken Bennett cash to get elected, Mayor David Holt is now warning taxpayers to hand over millions to his rich banker buddy – or the Thunder will leave town.

This is Jim Hightower saying… So go! The thieving won’t stop until the people stop the thieves. Boom-Boom-Boom – ship the whole herd of thundering thieves out of town, including Bennett and that pusillanimous mayor.

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Jim Hightower's Lowdown
Jim Hightower's Radio Lowdown
Author, agitator and activist Jim Hightower spreads the good word of true populism, under the simple notion that "everybody does better, when everybody does better."