Tuesday - December 21, 2010

Not Slow, Not Fast

Powerful Democrats help Chinese energy firm chase stimulus money
Sen. Reid and Obama donors back company seeking $450 million in U.S. money

Top Democratic fundraisers and lobbyists with links to the White House are behind a proposed wind farm in Texas that stands to get $450 million in stimulus money, even though a Chinese company would operate the farm and its turbines would be built in China.

The farm’s backers also have close ties with Senate Majority Leader Harry Reid, D-Nev., who, at the height of his hard-fought re-election bid this fall, helped blunt congressional criticism over stimulus dollars possibly going to create jobs in China by endorsing a proposal by the Chinese company to build a factory in his home state. Although his campaign received thousands of dollars in donations from the wind farm’s backers and Reid stood on stage with them at a campaign event they hosted, his office declined to answer any questions about the wind farm’s organizers or their plans for Nevada.

The wind farm, first announced more than a year ago, would consist of 300 2-megawatt wind turbines, each perched atop a 26-story-tall steel tower and spinning three blades — each half the length of a football field. The farm would span three counties and 36,000 acres in West Texas land best known for its oil.  Dubbed the Spinning Star wind farm, the project’s 600-megawatt capacity is, theoretically, enough to power 180,000 American homes and would be the sixth-largest wind farm in the country.

It is being planned by an unusual joint partnership between the U.S. Renewable Energy Group, a Dallas investment firm with strong ties to Washington and the Democratic Party, and A-Power Energy Generation Systems, an upstart Chinese supplier of wind turbines. Filings with the Securities and Exchange Commission indicate the Chinese are bringing financing and the turbines.

On Sept. 15, 2009, just weeks before he announced his new renewable energy venture that would tap Obama’s stimulus plan for hundreds of millions of dollars, McGarr met with Pete Rouse, one of three “senior advisers” to the president. Rouse was named acting chief-of-staff in October 2010 after Rahm Emmanuel announced his departure. Rouse was formerly the chief-of-staff for former Democratic Senate leader Tom Daschle. McGarr is the chairman of Daschle’s political action committee.

This last paragraph is a bit out of context. Read the article an it becomes clear, that the people behind this project are all big-time DNC cash donators and bundlers. ( and it’s an MSNBC article to boot, so you know this part is downplayed ) They’re tied into the Chicago Machine and the DNC Elites like white on rice. So this is just another case of Osneaky taking care of his peeps. Half a billion here, half a billion there, it’s not like it’s our money or anything. Or that the taxpayers will ever have to pay this cash back. Oh, wait. Um, never mind!

Meanwhile the Democrats continue their utterly false class warfare demagoguery on the Evil Rich™, while passing out zillions to rich folks and lobbyists who are in line with their agendas. I’m sure if this group wanted to put in the wind farm without sending a cent overseas they would not stand an ice cube’s chance in Hell of getting as much as a dollar in stimulus cash. But their plan will bleed America, so that half billion is pretty much guaranteed. Probably with another billion waiting in the wings for the inevitable cost overruns.

Posted by Drew458     on 12/21/2010 at 09:04 AM   
Filed Under: • Democrats-Liberals-Moonbat Leftists • Environment • Government • Obama, The One • Oil, Alternative Energy, and Gas Prices •  
• Comments (5) • Trackbacks(0)  Permalink •  

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