CAP, on my green corruption radar since 2010, is closely aligned with the White House, and John Podesta (CAP founder and former president) was the co-chairman of the Obama-Biden transition team. Tony Podesta, on the other hand, is a principal at the Podesta Group, which he started with his brother John, another large green entity, as Marita Noon (Townhall.com columnist) and I pointed out when covering their connection to the $737 million SolarReserve DOE loan, via our Special Seven Series, which we concluded last month.
Obviously, CAP and the Podesta bothers are heavily implicated here, as they have much to gain from renewable energy investments and anti-oil policies. Both Tony Podesta and his wife Heather, a Washington power couple, are frequent White House visitors who enjoy high rank in lobbying power, and Democrat bundling as well.
In Closing
So the next time President Obama pledges to end corporate welfare for oil companies or any other industry for that matter, he may consider checking his party's suppliers and program lineup first; in other words, his back pocket.
Article comments
1 - Dr. Joseph S. Maresca
I'm sure that voters will hear a debate on Green Energy. More importantly, how does all of the above contrast with Mitt Romney's ideas on Green Energy. The Green Party itself will be in the mix on the November Ballot. Also, The voters will have to weigh whatever negations there are in the current Green Energy policies as against spending more money on national defense under a Romney Administration.
For sure, huge amounts of money will be spent and perhaps even wasted. The question is this. Which candidate will provide the voters with a better outcome. Ultimately, the goal is to stimulate demand so that more consumers make purchases, industry rebuilds, people are hired in greater numbers and unemployment subsides. Which candidate will accomplish this better?
2 - Igor
Green energy is inevitable. We can either plan for it now and start building systems, or we can wait for more crises to develop. Either way will result in some waste and fraud, it's just a matter of how huge and when. We're probably better off planning early and as well as we can.