How Much will the Environmental Protection Agency (EPA) Cost US Taxpayers?

[FastTadpole]

This article attempts to collate all of the green expenditures advanced by the EPA.

Quote:How Much will the Obama EPA Increase the Cost of Government?
by Jacob Feldman

The Cost of Government Day Report, published annually by Americans for Tax Reform Foundation, measures the number of calendar days Americans must work to pay off spending and regulatory burdens at all levels of government. In 2011, Americans labored 224 days to pay Uncle Sam—until August 12. 77 days went solely towards paying off regulatory costs. These costs will only grow under the aggressive regulatory regime envisioned by the Obama Environmental Protection Agency (EPA). Coupled with the existing 77 day burden, proposed EPA regulations promise to increase the costs of electricity and household items for all Americans.

In a 2008 talk with the San Francisco Chronicle, then-Senator Obama boasted that his emission reduction plan would cause electricity prices to “necessarily skyrocket.” As President, Obama quickly pushed for higher energy prices through the American Clean Energy and Security Act of 2009, better known as “Cap and Trade.” While the Act did not pass the Senate, the 2009 Cost of Government Day Report estimated that Cap and Trade would have increased the Cost of Government by three additional days.

The failure of Cap and Trade to net legislative success inspired the Obama Administration to pivot to the EPA to pursue its environmental agenda. Enabled by unaccountable bureaucrats, the EPA enacts much more harm than the politically-conscious Congress could ever achieve.

Faithful to his promise to increase electricity costs, the Obama EPA proposed the Clean Air Transport Rule (CATR) and the Utility Maximum Available Control Technology (MACT) energy regulations. CATR and MACT require $184 billion in compliance costs according to National Economic Research Associates, Inc. The first year compliance costs are estimated to increase the Cost of Government by one and a half days in 2014.

The rules decrease economic performance too. Electricity costs will rise 11.5 percent and eliminate 1.44 million jobs between 2013 and 2020—destroying 4 jobs for every “green” job supposedly created. Throw in 17 percent higher demand for coal’s closest energy substitute, natural gas, and prices will rise at least 68 percent for all energy production in the United States. Higher electricity prices appear not only in the monthly utility bill, but in daily consumption—increased prices for relatively benign activity such as transportation or refrigeration will continue to hurt families and businesses as every energy dependent good sees a continued increase in price.

Unfortunately, the Obama EPA seems to have only scratched the surface of harm it intends to cause. Every five years the EPA updates the National Ambient Air Quality Standards (NAAQS). Some administrations tightened these standards; others loosened them during economic downturns. One harmful NAAQS heightened by the Obama EPA is for nitrogen oxide (NOx) and for “particulate matter with a diameter of 2.5 microns or less” (PM2.5 NAAQS). NOx and PM2.5 NAAQS are commonly referred to as ozone standards because when these particulates combine with hydrocarbons, ozone forms. By heightening the ozone standard to 60 parts per billion (ppb), it is estimated that the new ozone standard’s attainment will cost $1.013 trillion annually beginning in 2020. The more stringent regulation increases costs at breakneck pace because of the difficulty in conforming to an almost 50 percent more rigid standard. Achieving the decrease in ppb is similar to searching for fewer needles in a haystack; continual tightening of the ppb standard narrows the amount of particulates that can realistically be found. The ozone standard will single-handedly add an additional 18 days to Cost of Government Day projections in 2020.

Rapidly rising costs have defined the EPA since its formation. A 2008 study by the Mercatus Center found a clear upward trend in costs per statistical life saved by environmental regulations. After picking certain low-hanging fruit at a “low cost” of $6.1 million per life saved, regulations became progressively less cost-effective until costs per life supposedly saved were in the billions. The study concludes: “If the EPA Administrator continues to be unable to consider costs in setting NAAQS, then society will eventually be made worse off, if that has not occurred already.”

Prior to the EPA’s emergence in 1970, environmental air quality improved while other values of wellbeing were balanced. Between the 1940s and the 1970s the United States achieved higher standards of living and eliminated parasitic diseases while air pollutants such as sulfur dioxide and carbon monoxide plummeted. Society was bettered by the market’s integration of new technology that reduced emissions; regulators did not exist.

Yet the EPA continues to narrowly focus upon environmental quality as a complete measure of human wellbeing rather than incorporating the true costs of the economic damage caused by it regulatory prerogatives. Certain economic growth is foregone in the form of less disposable income among consumers and reduced production under restrictive environmental regulation. For example, the ozone standard is expected to destroy an additional $677 billion in wealth in 2020 in addition to the trillion dollars of attainment costs. No measure of foregone economic growth is typically provided by EPA estimations; betraying, perhaps, the nature of the EPA’s true agenda.

One reason the EPA does not calculate the economic growth foregone is because the Clean Air Act exempts final regulatory rules from cost-benefit analysis.

The EPA ordains a specific threshold for pollutants and then periodically increases the measure as the agency deems appropriate. If an agency’s true objective is to improve total quality of life, it should at least be addressed by a broad index of human welfare measures including higher standards of living and employment. Instead, every EPA regulation increases the cost of government through higher compliance costs and a smaller economy, punishing businesses and consumers for crimes they haven’t committed. The regulatory Cost of Government Day will continue to grow as long as the EPA and other executive agencies are encouraged to regulate, rather than respect, the engines of prosperity in the American free market.

http://biggovernment.com/jfeldman/2011/0...overnment/

Well that covers some of the direct expenses but not nearly enough.

There is the National Ocean Council which has the mandate to police water and land that interacts with the oceans, so basically they have to power to create new laws for whatever they wish. Also there is other UN Agenda 21 arms operating to choke off energy and preserve the environment like IECLI which is implemented at the local level.

It's impressive when you add it all up. There is the tax subsidies to the research for global warming direct funding to the IPCC.

NGOs and the education are handed dollars and using class time and resources to green our children.

Federally funded institutions like Universities, the EPA and NASA are funding studies for corporate research, studies and development

There is the EV taxpayer PPP projects and other transportation green innovation grants.

Carbon Capture and Clean Coal dollars are funding energy companies.

There is the money given to corporate cronies (foreign and domestic) for.

There is the funding of all of the African green systems to green their environment.

There is the transfers to India to increase ethanol production.

There is the government rebate given to consumers for retro fitting their homes.

There is wind farm projects where billions are given to corporations.

There is the grants to solar companies.

There is the corn and soy subsidies. Biofuel itself is subsidized

There is the extra dollars that are given to companies for tax rebates for going green.

There is funding for environmental groups and propaganda campaigns.

There is technology transfers to foreign countries for green technologies.

There is the moratorium on offshore drilling, protection of lands like the huge reserves in Alaska from utilizing US resources and increased regulations for processing. Domestic production and available supply is constricted. Self provision by other means cannot meet energy demands by a long shot any way you slice it.

There are job losses across the board, and the green economy hasn't delivered those green jobs and when they do it will be a major drop off in efficient spending.

Pollution levels really are not being effected unless you beleive the hype about the ozone layer and the hype around AGW and CO2. Besides if it is a global problem it seems developing countries like India and China (and 184 other countries) are free to set their own standards so corporations will just shift their manufacturing sectors to where the regulation is weakest.

There is new fuel efficiency standards that have been proposed that will jack up the price of transportation.

There is carbon credits for free being issued and traded.

There is the new green military program to use biofuel for the Navy and Air Force.

There is money going into geo-engineering.

There was a ton of spending on the smart grid infrastructure.

There is the set up of these administrations. There is the running of the regulatory bodies themselves.

The Trillions Poured into Multi-National Solar Energy - Green Hope & Epic Boondoggles
http://concen.org/forum/showthread.php?tid=38957

Electric Vehicles, The Smart Grid and the Crony Subsidy Windfall to Force EV Adoption
http://concen.org/forum/showthread.php?tid=35283

Gulf of Mexico Oil Spill Dead Zone: The Algae Biofuels and Carbon Exchange Agenda
http://concen.org/forum/showthread.php?tid=33554

National Ocean Council: MAJOR UN Agenda 21 Initiative
http://concen.org/forum/showthread.php?tid=34210

A Geo-Engineered World - Controlling the Weather with Climate Engineering
http://concen.org/forum/showthread.php?tid=34147

The OTHER Holy War: Polarization of the Green Religious Movement
http://concen.org/forum/showthread.php?tid=32831

Power and Control: The Anti-Nuclear Energy Movement - Leveraging the Japan Tsunami and Other Disasters
http://concen.org/forum/showthread.php?tid=38667

Cap and Trade 101
http://concen.org/forum/showthread.php?tid=355

Agenda 21 for Dummies
http://concen.org/forum/showthread.php?tid=38995

The EPA is just one avenue of many to transfer the means of production to government and corporations, jack up the cost of everything, monitor everyone and integrate a global union under the first plank of green.

[FastTadpole]

Quote:EPA: Regulations would require 230,000 new employees, $21 billion
Published: 11:57 AM 09/26/2011 | Updated: 1:31 PM 09/26/2011

The Environmental Protection Agency has said new greenhouse gas regulations, as proposed, may be “absurd” in application and “impossible to administer” by its self-imposed 2016 deadline. But the agency is still asking for taxpayers to shoulder the burden of up to 230,000 new bureaucrats — at a cost of $21 billion — to attempt to implement the rules.

The EPA aims to regulate greenhouse gas emissions through the Clean Air Act, even though the law doesn’t give the EPA explicit power to do so. The agency’s authority to move forward is being challenged in court by petitioners who argue that such a decision should be left for Congress to make.

The proposed regulations would set greenhouse gas emission thresholds above which businesses must file for an EPA permit and complete extra paperwork in order to continue operating. If the EPA wins its court battle and fully rolls out the greenhouse gas regulations, the number of businesses forced into this regulatory regime would grow tremendously — from approximately 14,000 now to as many as 6.1 million.

These new regulatory efforts are not likely to succeed, the EPA admits, but it has decided to move forward regardless. “While EPA acknowledges that come 2016, the administrative burdens may still be so great that compliance … may still be absurd or impossible to administer at that time, that does not mean that the Agency is not moving toward the statutory thresholds,” the EPA wrote in a September 16 court briefing.

The EPA is asking taxpayers to fund up to 230,000 new government workers to process all the extra paperwork, at an estimated cost of $21 billion. That cost does not include the economic impact of the regulations themselves.

“Hiring the 230,000 full-time employees necessary to produce the 1.4 billion work hours required to address the actual increase in permitting functions would result in an increase in Title V administration costs of $21 billion per year,” the EPA wrote in the court brief.

The petitioner suing the EPA is the Coalition for Responsible Regulation, a trade group reportedly linked to domestic chemical companies.

http://weaselzippers.us/2011/09/26/epa-s...1-billion/
http://dailycaller.com/2011/09/26/epa-re...1-billion/

[FastTadpole]

Quote:Another Bombshell Expose'! Green Loans! The Real Story!
Added: Sunday, November 13th 2011 at 10:58am by JoAnneMor

The team is at it again.

What would you say if I told you all the green loans were a scam? They were a slush fund that went to donors, bundlers, politicians, their family, friends, lawyers and lobbyists.

What I am about to tell you is going to make your head explode!

You all know about the Solyndra scam that's evolving. Well Solyndra is not the only loan that went bad. All the loans went bad. That was the intent all along.

Every loan benefitted Obama. Every loan benefitted Dems. Every loan benefitted Dem donors.

We have been researching Solyndra and Zucotti Park. That is a strange combination on it's face, but remember I had told you about Zucotti Park belonging to Brookfield properties.

In my last article I told you Mayor of NY, Michael Bloomberg's live in girlfriend Diana Taylor, sat on board of Brookfield Properties. Brookfield is the parent company of Granite wind, who had received a $168 Million dollar loan guarantee from Obama's Dept of Energy, headed by Chu. I also told you Bidens son was a lobbyist for Brookfield. I have to add another name to that one. Heather Podesta. She too lobbied for the loan. Heather Podesta is sister in law to John Podesta. You all remember him. Podesta is Clinton's former chief of staff. He was on Obama's transition team. He heads Center For American Progress. Brookfield is a multi-billion dollar corp, that didn't need a loan.

Let's move on to Solyndra.

You know big Dem donor, George Kaiser is an investor in Solyndra. He bundled more than half a million dollars for Obama's reelection already. Kaiser knew the money was coming. He invested in a failing Solyndra with the knowledge the company would fail. Why you ask? Because that was the intent all along. That is evident in the sweet bankruptcy deal he got prior to investing. All the emails are coming out that prove the contacts with the White House and DOE.Many are researching this, so I will take it past there and connect it to many others with the same MO.

As you may know, Solyndra has other skeletons.

The daily caller put out a decent article on some of the donors and lobbyists connected to the loans:

Here are a few excerpts:

" When solar company Solyndra was spiraling into bankruptcy, the Department of Energy paid a firm with heavy Democratic connections to analyze a potential bail out of the company — all while Solyndra execs continued to receive hefty bonuses for their work.

The Energy Department hired Wall Street firm Lazard Ltd. in August to investigate possible bail out options to salvage Solyndra. According to the Associated Press , the Energy Department paid Lazard $1 million to analyze refinancing options for Solyndra."

Lazard Ltd. is a top contributor to the Democratic Party, not to mention a top 20 donor to the Democratic National Committee and the Democratic Senatorial Campaign Committee , according to the Center for Responsive Politics.

"Lazard employee Antonio Weiss is a bundler for Obama’s re-election campaign who has raised between $100,000 and $200,000 for the president. Vernon Jordan, a member of the firm’s board of directors, is a former adviser to Bill Clinton."

"Bonuses were awarded to more than a dozen Solyndra executives on top of their already lucrative salaries. Solyndra vice president of marketing Karen Alter — base salary of $275,000 — snagged a $55,000 bonus in April and again in July. Executive vice president of operations and engineering Ben Bierman — base salary of $300,000 — was awarded $60,000 in April and July. Chief Financial Officer Will Stover also twice received a $60,000 bonus.

Former CEO Chris Gronet was also awarded a $456,000 severance package, although bankruptcy documents show Gronet has yet to receive the money. No severances were given to the roughly 1,100 employees who were laid off after Solyndra declared bankruptcy.

"Solyndra execs and board members and investors had cozy relations with Democrats. Bierman donated $5,500 to Obama’s election campaign, and Alter donated $23,000 in 2008. According to information collected by the Center for Responsive Politics, Solyndra board members have donated at least $27,400 to Democratic campaigns and affiliates. http://dailycaller.com/2011/11/04/big-mo...z1dcfWpbGG
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Steve Spinner is also in on the Solyndra scandal and his wife was the lawyer for Solyndra:
"“An investor in Solyndra who was also an Obama administration adviser pushed the White House in 2009 to support the solar panel maker. His push came as the company was seeking a half-billion-dollar Energy Department loan, documents show.”

“David Prend, a co-founder of the Boston venture capital firm Rockport Capital, met with Obama’s then climate czar, Carol M. Browner, in late February to discuss clean-energy policies of the administration – and Solyndra’s innovative solar panels were mentioned. He then e-mailed a White House aide to “help get the word out” about the company’s pending partnership with the Obama administration. Prend’s Boston-based venture capital firm held 7.5 percent of the company’s equity.”

At the time he requested White House support, Prend was co-founder of Rockport Capital, an early investor in Solyndra, starting in 2007. He also chaired a renewable energy panel that advised Obama’s Energy Department on solar technologies and investments!

AND , Fox News has revealed , ANOTHER inside man on the Solyndra loan was Steve Spinner, “a former NBC executive who became a green energy guru who helped steer energy and environmental policy for the administration starting in the 2008 transition team.” Spinner pushed for Solyndra to get the loan — even though his wife was the lawyer for the now BANKRUPT solar firm!" http://www.conservativeactionalerts.com/...-eco-scam/ .

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Missy Owens, VP Biden's Niece is part of Solyndra Scandal too.

Although it has received scant attention, one of the central figures involved the Solyndra scandal may be Missy Owens, the niece of Vice President Joe Biden.

Missy, whose real name is Valerie James Owens, is the Energy Department’s deputy Chief of Staff. She served in that capacity when the Solyndra $535 million loan guarantee was approved.

Owens’ name is on a number of e-mails and documents about Solyndra, including a September 2009 DOE “Events Memo. ” The memo starts by quoting the Vice President who predicted the Solyndra loan guarantee would be regarded as “the foundation of our 21st century economy.” Owens was involved in the timing of the groundbreaking ceremony that got the Vice President to extol the virtues of the company.

Politics in the Biden world is a family affair. Owens’ mother, Valerie Biden Owens is the Vice President’s sister. She ran political campaigns for her brother Joe. Missy also served as a campaign manager for her brother Joe “Beau” Biden. http://pjmedia.com/tatler/2011 /10/27/missy-owens-vp-bidens-n iece-is-part-of-the-solyndra-s candal/?utm_source=twitterfeed &utm_medium=twitter&utm_campai gn=Tatler

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Let me stop here and explain what the system is. Then I will follow with more proof and research links.

These big donors are told the money is there.

They invest in failing companies under the ruse they will create "clean energy" jobs. That entitles them to the loans.

They make a pre-bankruptcy arrangement that guarantees they will get the investment back.

Once the loan comes in, they begin the scam. They pay the lawyers, the lobbyists, make donations to Dems and Obama, take their own piece off the top, then run the company into bankruptcy, thereby guaranteeing they get their initial investment back.

The people who were hired to work in the companies lost jobs. The Taxpayers lost $Billions and the money went to Obama and company.

Let's start with a few people on Obama's jobs Council. Then we will go on to the politicians who benefitted and their friends and family members.

Immelt:

Jeff Immelt is CEO of General Electric.

He is chairman of Obama's jobs council.

Jeff Immelt has moved subsidiaries of GE to China, including the aviation dept and solar functions. He got a loan.

"

From Sodahead:

"In a blatant example of corporate welfare, General Electric is receiving $490 million from the Energy Department to build a wind-energy facility — even though GE has a market capitalization of some $170 billion.



GE and its partners are also getting a $1.06 billion loan guarantee for the Shepherds Flat project in northern Oregon — a guarantee similar to the $529 million one that solar energy firm Solyndra received from the government before it went bankrupt

One other point to note: GE's CEO Jeffrey Immelt is the head of President Barack Obama's Council on Jobs and Competitiveness.

"The Obama administration's loan guarantee for the now-bankrupt Solyndra has garnered lots of attention, but the Shepherds Flat deal is an even better example of corporate welfare," Robert Bryce writes for National Review Online.

"The majority of the funding for the $1.9 billion, 845-megawatt Shepherds Flat wind project is coming courtesy of federal taxpayers," he notes, and "not only is the Energy Department giving GE and its partners a $1.06 billion loan guarantee, but as soon as GE's 338 turbines start turning at Shepherds Flat, the Treasury Department will send the project developers a cash grant of $490 million."

GE and its partners, which include Google, will enjoy an estimated return on equity of 30 percent, while over the past year the average electric utility's return on equity has been around 7 percent, according to Bryce, senior fellow at the Manhattan Institute and author of "Power Hungry: The Myths of 'Green' Energy and the Real Fuels of the Future." http://www.sodahead.com/united -states/lucky-us-ge-bills-taxp ayers-490-million-for-wind-ene rgy-project/question-2240515/

http://www.manhattan-insti tute.org/html/miarticle.ht m?id=7504 .

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Now let's talk about another member of Obama's Jobs Council, John Doerr.

Doerr is a Partner in a company called Kleiner, Perkins, Caufield & Buyers. That is Venture Capital firm. http://en.wikipedia.org/wi ki/John_Doerr

From Wiki:"

Doerr funded Netscape , Google , Amazon , and Bloom Energy .[ 4]

He currently serves on the board of Google and on the boards of private ventures Amyris Biotech , Bloom Energy , iControl Networks , EGHC, Flo-Design , Miasole , M2Z Networks , V Vehicle and Spatial Photonics . He seeded Twitter nearly $150 million. His investment philosophy is "no conflict, no interest."[ 5]

Doerr co-founded and serves on the board of the New Schools Venture Fund, an education reform and charter public schools fund. And on TechNet, a policy network of high tech CEOs advocating education and litigation reform, and policies for the innovation economy . Doerr co-chaired California's Proposition 39 which lowered the threshold to approved school bonds, and Proposition 71 which created $3 billion funding for California research into stem cell therapies. He serves on the board of Bono 's ONE campaign to fight global poverty , particularly disease in Africa. His success in venture capital has garnered national attention; he has been and is currently listed on Forbes magazine's exclusive "Midas List " and is widely regarded as one of the top technology venture capitalists in the world.[citation needed ]

Forbes magazine estimates his net worth to be well over $1 billion. Doerr is a high profile supporter of the Democratic Party in Silicon Valley. Through the TechNet (lobbying organization) he helped found, he has devoted much time and money towards impacting legislation beneficial to the technology industry.[citation needed ]

Doerr advocates innovation in clean energy technologies to combat climate change , and has written and testified on the topic. In a 2007 TED conference he cited his daughter's remark: "your generation created this problem, you better fix it" as a call to fight global warming .[ 6]

In 2008 he announced with Steve Jobs the Kleiner Perkins $100 million iFund , declaring the iPhone "more important than the personal computer" because " it knows who you are" and "where you are." In April 2010, he along with another iFund members announced an increase in iFund 's value by another $100 million dollars making iFund the worlds biggest investment pool in cell phone application industry.[ 7]

He had also funded the initial investments in Bloom Energy Inc."

Let's talk about Bloom Energy

Bloom Energy is located in Delaware. Biden's home state. Colin Powel and Fisker are on the Board of Directiors of Bloom Energy. The company is owned by Doerr's: Kleiner, Perkins, Caufield & Buyer. Fisker is also on Obama's jobs Council and involved with several Green loans. His wife was the Lawyer for Solyndra. I will get to that.

Doerr is involved in several Green Loan entities. His firm Kleiner, Perkins, Caufield & Buyer is major investor in Fisker, who got a loan and is now bankrupt, as well as heading to Finland. Al Gore is involved in this scam:

"The Wall Street Journa l covered this cronyism back in 2009:

A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.

The award this week to California startup Fisker Automotive Inc. follows a $465 million government loan to Tesla Motors Inc., purveyors of a $109,000 British-built electric Roadster. Tesla is a California startup focusing on all-electric vehicles, with a number of celebrity endorsements that is backed by investors that have contributed to Democratic campaigns.

Matt Rogers, who oversees the department's loan programs as a senior adviser to Energy Secretary Steven Chu, said Fisker was awarded the loan after a "detailed technical review" that concluded the company could eventually deliver a highly fuel-efficient hybrid car to a mass audience. Fisker said most of its DOE loan will be used to finance U.S. production of a $40,000 family sedan that has yet to be designed.

Fisker's top investors include Kleiner Perkins Caufield & Byers , a veteran Silicon Valley venture-capital firm of which Gore is a partner. Employees of KPCB have donated more than $2.2 million to political campaigns, mostly for Democrats, including President Barack Obama and Hillary Clinton, according to the Center for Responsive Politics, a nonpartisan group that tracks campaign contributions." http://www.americanthinker.com/blog/2011...z1dcivUG6G



"In 2009, Fisker purchased a closed GM plant in Delaware, after heavy lobbying from both Republicans and Democrats in the state, which it still says will someday produce electric cars in bulk. Right now, the plant only employs about 100 workers.

The remainder of the $1 billion the DOE earmarked for electric-car investments went to Tesla, founded by Elon Musk, a big-ticket Democratic donor, and backed by Googlers Larry Page and Sergey Brin (more big Democratic donors) and Obama bundler Steve Westly. Fisker, meanwhile, counts among its top investors Kleiner Perkins, which has both former Vice-President Al Gore and John Doerr , a very big-ticket Obama donor, on its board of director". http://nymag.com/daily/intel/2011/10/oba..._jobs.html .

Remember, Doerr's Keliner, Perkins, etc is also parent of Google and other tech cos. Wiki has the list.

Let's move on to a few others. I'm sure you can already see the pattern.

~

Pelosi:

$737 Million Green Jobs Loan Given to Nancy Pelosi's Brother-In-Law

Despite the growing Solyndra scandal, yesterday the Department of Energy approved $1 billion in new loans to green energy companies -- including a $737 million loan guarantee to a company known as SolarReserve :

SolarReserve LLC, a closely held renewable energy developer, received a $737 million U.S. Energy Department loan guarantee to build a solar-thermal project in Nevada.

The 110-megawatt Crescent Dunes project, near Tonopah, Nevada, will use the sun’s heat to create steam that drives a turbine, the agency said today in a e-mailed statement. SolarReserve is based in Santa Monica, California.

On SolarReserve's website is a list of "investment partners," including the "PCG Clean Energy & Technology Fund (East) LLC." As blogger American Glob quickly discovered , PCG's number two is none other than "Ronald Pelosi, a San Francisco political insider and financial industry polymath who happens to be the brother-in-law of Nancy Pelosi , the Minority Leader of the United States House of Representatives."

But wait... there's more! One of SolarReserve's other investment partners is Argonaut Private Equity :

Steve Mitchell and Argonaut Private Equity might have a chance to recoup some of their losses in the Solyndra debacle now that the Department of Energy has given a $737 million dollar loan guarantee to a company backed by Argonaut that also lists Mitchell among its board of directors.

Mitchell served on the Solyndra LLC Board of Directors. He also serves as Managing Director for Argonaut Private Equity, a company that invested in Solyndra through the LLCs parent company. After Solyndra declared bankruptcy, two Democratic members of the U.S. House asked that Mitchell testify about Solyndra. Though he has not appeared before Congress, he has "been asked to provide documents to Congress" pertaining to Solyndra.

And for good measure, it's also noteworthy that Obama is about to hold a big money fundraiser at the home of Tom Carnahan in St. Louis :

Carnahan, a member of the prominent Missouri Democratic family, has been tapped by the Obama campaign as its chief Missouri fundraiser. He is chairman of the board of Wind Capital Group, a wind energy company that makes it corporate headquarters in St. Louis. He formerly was president and CEO of the company.

Last year, Wind Capital's Lost Creek Farm facility in northwest Missouri received a $107 million tax credit from the Treasury Department, among many such wind operations receiving support from from stimulus funds.

Tom Carnahan is the son of former Missouri governor Mel Carnahan and former U.S. senator Jean Carnahan. He's also the brother of current Missouri secretary of state, Robin Carnahan.

It's increasingly hard to tell the government's green jobs subsidies apart from the Democrats' friends and family rewards program. http://www.weeklystandard.com/blogs/cron...94593.html .

"Ronald Pelosi, 76, is a member of one of California’s most powerful Democratic families. He is a former president of both the San Francisco Board of Supervisors and the San Francisco Planning Commission as well as sitting on many other boards in the Bay City. His nephew Gavin Newsom is currently the Lieutenant Governor of California.

Pelosi joined PCG this past spring and his biography on the company website describes him as having “an extensive background in the securities industry, mutual funds, and private equity.” Read more on Newsmax.com: $737 Million Green Loan to Pelosi Kin Fuels Outrage

This link has a great round up, enter the Podestas:

THE PELOSI CONNECTION:

NANCY PELOSI'S BROTHER-IN-LAW IS A MAJOR INVESTOR: "On SolarReserve's website is a list of ‘investment partners,' including the ‘PCG Clean Energy & Technology Fund (East) LLC.' As blogger American Glob quickly discovered, PCG's number two is none other than ‘Ronald Pelosi, a San Francisco political insider and financial industry polymath who happens to be the brother-in-law of Nancy Pelosi, the Minority Leader of the United States House of Representatives." (Mark Hemingway, "Crony Capitalism: $737 Million Green Jobs Loan Given to Nancy Pelosi's Brother-in-Law," The Weekly Standard , 9/29/2011)

RONALD PELOSI AND NANCY PELOSI ARE PART OF "TIGHTKNIT POWER WEB" THAT IS SAN FRANCISCO'S "UPPER CRUST": "A permanent overclass supports a well-attended opera, countless museums and other cultural amenities and also provides, for better or worse, civic and political continuity.

"The recent death of cultural doyenne Belinda Barbara Newsom provided a peek into that tightly knit world. She was the aunt of San Francisco Mayor Gavin Newsom, but also the former wife of Ronald Pelosi, a former city supervisor and brother-in-law of House Speaker Nancy Pelosi." (Dan Walters, "S.F.'s Upper Crust Is a Tightknit Power Web," Fresno Bee , 11/28/2008)

THE ARGONAUT-KAISER CONNECTION:

OTHER INVESTORS INCLUDE ARGONAUT PRIVATE EQUITY, WHICH ALSO INVESTED IN… YOU GUESSED IT: SOLYNDRA: "Steve Mitchell and Argonaut Private Equity might have a chance to recoup some of their losses in the Solyndra debacle now that the Department of Energy has given as $737 million loan guarantee to a company backed by Argonaut that also lists Mitchell as a ‘board participant.'" (Joel Gehrke, "Solyndra Director Tied to $737 million Loan Guarantee," The Washington Examiner , 9/28/2011)

ARGONAUT IS ALSO TIED TO OBAMA DONOR GEORGE KAISER: "According to Solar Reserve's website, one of its investors is Argonaut Private Equity, which also backed the Solyndra deal. Argonaut is an investment arm of the family foundation of George Kaiser, a political supporter of President Barack Obama. In the past, administration officials have denied that Mr. Kaiser's connection to the White House played any role in the Solyndra deal." (Ryan Tracy, "Two Solar Plants Get Loan Guarantees," The Wall Street Journal ,9/29/2011)

STARTING TO SEE A TREND…

"MORE SOLAR COMPANIES LED BY DEMOCRATIC DONORS RECEIVED FEDERAL LOAN GUARANTEES": " A Daily Caller investigation has found that in addition to the failed company Solyndra, at least four other solar panel manufacturing companies receiving in excess of $500 million in loan guarantees from the Obama administration employ executives or board members who have donated large sums of money to Democratic campaigns . http://www.nrcc.org/blog/main.asp?Tid=1681
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Let's go a little further. Other donors and players are in the mix. Let's talk about Deval Patrick from Massachusetts. There are companies in Massachusetts that received DOE loan guaranteesd. All went bankrupt. 2 are moving the remnants to China:
Beacon Power:

There’s some good news: Beacon Power only got $43 million of your money, their plant is still operating, and unlike Solyndra, the United States taxpayer enjoys “senior debt” status, which means we’ll get paid back before private investors. (Amazingly, and possibly illegally, Solyndra’s last-ditch round of private investors were given “senior debt” status above most of the $535 million in government loans received by President Obama’s top contributors.)

Beacon Power gave generously to Democrats, although not on the scale of Obama’s good friends at Solyndra. The Daily Caller tallies up the return on their political investment:

According to the Center for Responsive Politics, Beacon Power president and CEO F. William “Bill” Capp donated $500 to Obama’s presidential campaign. He also donated to Democratic Massachusetts Rep. Niki Tsongas, and to the failed Massachusetts Senate campaign of Democrat Martha Coakley, whom Republican Scott Brown defeated in a special election for the late Sen. Ted Kennedy’s open Senate seat.

Beacon government relations director Matthew E. Polimeno donated $750 to Rep. Tsongas and $250 to Coakley. Beacon Power CFO James M. Spiezio also donated $250 to Coakley.
Through their companies, these donors were rewarded with $17,200 of Energy Department funds for every dollar they donated to Democrats. http://www.humanevents.com /article.php?id=47247 .

Now I will Recap the Zucotti Park/Brookfield connection.


Zucotti Park. That is the "privately owned" park where the protesters are camped.
Zucotti Park is owned by a property group called Brookfield properties.
Mayor Michale Bloomberg 's girlfriend, Diane Taylor, sits on the board of directors at Brookfield, so obviously there is a Bloomberg connection, but it gets even more incestouous.

Brookfield also owns a company called Granite Wind, a subsidiary of Brookfield renewable energy. They just received a $168 million dollar green loan from Obama's DOE.

Not only did they get the loan, but VP Joe Biden's son lobbied for the loan through his firm, Oldaker, Biden & Belair, which was founded by Biden's son.

I bet you can already guess who is a major stockholder in Brookfield. You guessed it Soros.

So in summary,
Brookfield Properties owns Zucotti Park.
Bloomberg's girlfriend sits on the board of Brookfield. Her name is Diane Taylor. Brookfield also owns Granite Wind in NH and NY. They received a $168 Mil dollar green loan from O's DOE.
Joe Biden's son lobbied for the loan.
Soros is a major stock holder in Brookfield.
The use of Zucotti was return favor. http://www.blogster.com/jo annemor/occupy-wall-st-orc hestrated-not-in-the-stree t-but-in-the-white-house .
~ ~
Severstall.
Can't finish the list without including Severstal:
Severstal is " based overseas and run by a steel tycoon. Severstal North America, located in Michigan, is a subsidiary of the Russian steel and mining company, OAO Severstal, led by Alexei Mordashov, one of the world’s wealthiest businessmen, with a personal net worth over $18 billion." http://tpmdc.talkingpoints memo.com/2011/10/key-goper -supported-loan-guarantee- under-issa-attack.php .

Severstal Wiki: http://en.wikipedia.org/wi ki/Severstal .

Summary:
Here's the deal. Politicians know the money is coming. They let their big donors, family, friends, lawyers and Lobbiests know. They invest in failing companies. They know the company is going to go bankrupt. It's desinged that way.
They make a pre bankruptcy agreement where they get the investment back, first, before other creditors and taxpayers see a dime.
Once they obtain the loans, the real laundering begins.
They strip every dime. Pay off each other. Donate to Obama, and other dems.
Some companies funnel money overseas, to China, Finland, Russia, and other subsidiaries.
Chu runs cover.
The companies go bankrupt as intended and the money is laundered, never to be seen again.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
These are the source links. There is lots more information, but you get my drift!



http://pjmedia.com/tatler/2011/10/27/mis...ign=Tatler <Biden's niece, Solyndra

Nancy Pelosi's brother-in-law given loan bigger than Solyndra for solar plant: http://www.dailymail.co.uk /news/article-2043282/Nanc y-Pelosis-brother-law-give n-loan-bigger-Solyndra-sol ar-plant.html

Delaware’s Own Solyndra - Colin Powell on Board of Directors> http://video.foxbusiness.com/v /1265695109001/delawares-own-s olyndra/?playlist_id=87185

Colin Powell Talks about Energy at Bloom Box Press Q&A http://www.youtube.com/wat ch?v=kQIBuQgDln0 . Colin powell is on BOD of Bloom. Bloom is subsidiary of Kleiner Perkins. Doerr, from O's jobs council is partner in Kleiner Perkins..

Bloom Energy Revealed on 60 Minutes! : Greentech Media: http://www.greentechmedia.com/articles/r...-Revealed/ . < Designed to fail. Intentional on all of them

bloom energy - Fortune Tech: Technology blogs, news and analysis from Fortune Magazine http://tech.fortune.cnn.co m/tag/bloom-energy/ . This tells of Doerr's reentry into tech world.

Doerr, a partner of Kleiner Perkins is on Obama's JOBS COUNCIL!: John Doerr — Kleiner Perkins Caufie http://www.kpcb.com/partne r/john-doerr .

Same people tanked Tesla: http://www.redstate.com/ag lanon/2011/10/20/donors-bu ndlers-and-obama-allies-se cure-1-billion-in-loans-ex port-jobs-to-finland/ .

Same company has China branch. Finland too. Al Gore and Colin Powell involved. http://www.forbes.com/site s/rebeccafannin/2011/11/04 /splitup-at-kleiner-china- proves-getting-the-right-m ix-isnt-easy/?utm_source=a llactivity%26#38;amp;utm_m edium=rss%26#38;amp;utm_ca mpaign=20111104 .

Does Obama Have Another Solyndra on His Hands? [Updated]: http://nymag.com/daily/intel/2011/10/oba...agazine%29 . < Fisker. ..His wife is lawyer for Solyndra

Doerr , Al Gore > http://wetheconservatives.com/donors-bun...o-finland/ . Donors, Bundlers, and Obama Allies Secure $1 Billion in Loans, Export Jobs to Finland

http://abcnews.go.com/blogs/politics/201...ic-donors/ . Obama Jobs Council Stacked With Democratic Donors

http://www.quora.com/Why-was-Obamas-dinn...-the-press . Why was Obama's dinner event at John Doerr's home so locked down to the press?
Attendees: http://googlewatch.eweek.com/content/goo...inner.html . Obama Talks Innovation, Stumps for Donations During Doerr <Doer still bundling!

http://www.nationalcenter.org/PR-Crony_102611.html . More Crony Capitalism from Federal Government's Clean Energy Push

*This is article I wrote on Zucotti/Bloomberg & GF, Biden's Kid, Granite, Brookfield. Sourced: http://www.blogster.com/joannemor/occupy...hite-house <Lots of source links at bottom of this article.

Don't forget, Russia made out too. Look at Severstall and the steel co.

In Massachusetts, 3 more companies are going to China after receiving loans. It was intended that way!
http://www.xconomy.com/bos ton/2011/10/31/woes-mount- for-local-energy-companies -beacon-power-and-american -superconductor/ .

http://www.blogster.com/joannemor/anothe...real-story + More LINKS