« | »

Emails Show Biden Cronyism In ‘Green’ Loans

From the Washington Times:

Biden, Dems enlisted by energy company to win billion-dollar loan deal, emails show

By Ben Wolfgang | Wed October 10, 2012

The White House contends that all energy loan guarantees, including the more than $500 million given to now-bankrupt solar firm Solyndra, are awarded solely on the merits of the project, with no political influence from President Obama, Vice President Joseph R. Biden or other administration officials.

And never mind that even the Washington Post just reported yesterday how Al Gore got rich with his ‘green tech’ companies, thanks to his connections to the Obama administration.

But a series of emails from solar power giant BrightSource Energy Inc. show how the company applied political pressure and used behind-the-scenes cajoling to win a $1.6 billion loan guarantee in April 2011.

Emails obtained by The Washington Times show BrightSource leaders discussing in great detail how to best push the Energy Department to green-light the loan to fund the company’s massive Ivanpah Solar Electric Generating System in California’s Mojave Desert, the largest loan guarantee issued by the administration.

“We have a lot of force gearing up to leaverage [sic] them now, including the WH and VP office [Sen. Harry] Reid and [Sen. Dianne] Feinstein, and Gov. [Jerry] Brown” of California, reads an early March 2011 email from Arthur Haubenstock, the company’s vice president of regulatory affairs.

Mr. Haubenstock goes on to question whether the company should push its administration contacts to immediately arrange a call between Energy Secretary Steven Chu and Interior Secretary Kenneth L. Salazar, a project proponent, or keep it in their back pocket “to blast through any last roadblock that may appear.”

The emails, which date from 2009 to April 2011, lay out lobbying strategies and key themes to be repeated to administration officials in the hopes they would exert influence on Mr. Chu and others at the top of the loan program.

Other emails from 2009 and the first 10 months of 2010 show apparent political calculations that BrightSource and affiliate companies hoped to use to their advantage. On Dec. 3, 2009, Bernard Toon — formerly Mr. Biden’s chief of staff who later became a lobbyist for Bechtel Corp., a mammoth construction company and contractor for the Ivanpah project — lays out how the project could help two influential Democratic senators.

“Calls are in to Biden’s staff and I will be approaching the political affairs office at the White House tomorrow as well, as this project could benefit two senators who are in cycle and whose races will be tough next year — [Barbara] Boxer and the Majority Leader, Sen. Reid,” he wrote in the message to BrightSource CEO John Woolard.

Remember how last nigh in the debate Biden denied that there was any crony capitalism going on in all of those energy loans to Obama’s pals? Maybe he should have taken the Fifth Amendment.

Emails also highlight other points to be hit during conversations with administration officials, one of which is that “1,000+ jobs” could be created in time for the 2010 midterm elections

Whoops.

BrightSource, which would have been on shaky financial footing had the California project not gone forward, may have benefitted from years of political pressure, said Benjamin Cole, spokesman for the Institute for Energy Research, which conducts research and analysis of the government’s regulation of global energy markets.

“The American people deserve to know whether Vice President Biden, his staff or other White House political personnel were involved in the decision to provide hundreds of millions of taxpayer dollars to companies the administration already knew to be in trouble,” he said. “Congress has yet to fully explore” the issue.

And they never will as long as the Democrats control the Senate and the White House.

This article was posted by Steve Gilbert on Friday, October 12th, 2012. Comments are currently closed.

4 Responses to “Emails Show Biden Cronyism In ‘Green’ Loans”

  1. Ever since Andrew Jackson invented the Democratic Party and the “Spoils System” in the mid-1820′s, they’ve been proud of their wealth re-distribution machine. It means you join up with them or leave. Jackson felt cheated in the 1824 election and decided to get even by forming his own bribery-based system. Boss Tweed of New York City perfected the machine.

    Because Democrats are financially illiterate, generally, they think this is how the system works and should work; just as the Soviets unleashed mass waves of lawlessness, bribery, and graft when they collapsed. They bought into their own propaganda about what capitalism is, and still don’t understand lawful free enterprise.

    Note that when Republicans are caught cheating they almost always resign, as Nixon did. Demonicrats never resign, and shamelessly raise as much of a stink as possible.

    • Right of the People

      That’s because you have to have morals to feel shame and they obviously are lacking them.

  2. canary

    Biden’s home state New Hampshire is also benefiting from the WIC program making an exception to the state’s distribution of frozen gourmet veggie entrees I long for as I pass by. Imagine one serving with real butter instead of a larger amount of pure veggies with no unhealthy additives.

  3. Anonymoose

    I remember during the height of Clinton’s impeachment hearings when all the whitewashing of his behavior was going on some people remarked that his defenders were so overboard that if Clinton had run a redlight and hit someone they’d be wondering how the light could have possibly malfunctioned, or the brakes in his car failed at just the right moment.

    And I see the same thing from day one with Obama and Biden. Really, how more blatant can this be? Or Al Gore becoming worth $100 million, all through “Green Energy” that is government subsidized and mandated?




« Front Page | To Top
« | »