Nutty Nancy is not so nutty when it comes to sending tax dollars to her family’s businesses. She has a long history of treating the public purse like it was hers; so her latest raid on the public trough comes as no surprise: $737 Million Green Loan to Pelosi Kin Fuels Outrage There was some grumbling about Pelosi’s ethics when she was stealing tens of millions for her family —— as well as flying them around on the government dime: http://jerseynut.blogspot.com/2010/02/nancy-pelosis-friends-relatives-and.html Naturally, nothing came out of the Ethics Committee when she was the Speaker. I don’t expect anything to come out of green larceny even though her latest theft is akin to a shoplifter robbing Fort Knox. NOTE: What is it with California women? Senator Di Fi also had ethical problems over sending tax dollars to her family’s business. Di Fi was so corrupt she had to resign from the Senate Military Construction Appropriations Subcommittee: http://www.wnd.com/?pageId=40845 The worse thing about government crooks is that they keep their keys to the public larder after they leave office. Apparently, “Take a little leave a little” is an alien concept to former government big shots. Al Gore is a case in point. Here’s inconvenient truth number two: 2. Cashing in on climate alarmism: Just when global-warming concern reached its peak, Gore was first in line to cash in. Gore founded the nonprofit Alliance for Climate Protection, which spent hundreds of millions on a climate-change ad campaign to build support for green ventures. Then, Kleiner Perkins Caufield & Byers (KPCB), a venture capital firm at which Gore is a partner, invested more than a billion dollars in a myriad of green enterprises that would have benefited from the cap-and-trade energy policy that died in the Senate. Top 10 Inconvenient Truths About Al Gore by Human Events 10/01/2011 http://www.humanevents.com/article.php?id=46559 I’m pretty sure Gore truly believes that taxpayers should cover his investment losses, and maybe throw in a profit, too. If not, why does he never stop telling ridiculous lies about the environment? One thing is clear. Gore had to go out on a limb to sell his scheme to investors; investors who must have been upset when cap-and-trade died in the Senate. For Gore’s sake I hope Guido and the boys were not burned by his promises. All things considered, Gore has no choice but to stick to his story no matter how ridiculous he looks. Incidentally, Gore has to be ticked off at Pelosi. She cashed in on his groundwork while he and his investors are left holding an empty sack with a hole in it. Finally, I’m seriously considering asking this board’s administrators to create a forum titled “Government Crooks.” That is where this message should be. $737 Million Green Loan to Pelosi Kin Fuels Outrage Friday, 30 Sep 2011 06:10 PM By Martin Gould GOP claims that the Obama administration’s green energy loan guarantee program is mired in cronyism grew on Friday after a company tied to Nancy Pelosi’s brother-in-law got the lion’s share of the final government hand-outs made before Friday’s end of the fiscal year. The decision to guarantee $737 million comes hard on the heels of the loss of more than $500 million of government money due to the bankruptcy of solar panel company Solyndra. The new grant went to Tonopah Solar Energy, a subsidiary of SolarReserve, which started building Crescent Dunes, a massive solar-thermal plant in the Nevada desert in early September. One of SolarReserve’s major financial backers is the PCG Clean Energy & Technology Fund (East), whose second-in-command is Ronald Pelosi, the brother of the House Minority leader’s husband, Paul. Another investor is Argonaut Private Equity, a company that lost heavily in the Solyndra debacle. Already one Republican member of the House Energy and Commerce promised Newsmax that he will be keeping a close eye on the loan to SolarReserve. “You had better believe it is going to be looked at,” said Texas Rep. Michael Burgess. “With Solyndra, they got into trouble because they were rushing because they wanted a photo-op,” said Burgess referring to accusations that that agreement was rushed through so Vice President Joe Biden could announce it when he visited the company’s headquarters. “Now they have pushed around one-third of the loan guarantee program out of the door in the last four or five days of the fiscal year and that sounds to me like they were going to be rushing.” Burgess said there has so far been no suggestion that the guarantee was given due to cronyism, but he told Newsmax, “How can they be so tone deaf to do this right now when there is scrutiny on this program? They are putting other solar and wind projects at risk if they continue to behave in this dismissive way.” Others too questioned the grants. Texas GOP Rep. Joe Barton, former chairman of the Energy Committee called for closer investigation before more money is paid out. “Are these good investments or political favors?” he asked. “The American people just lost a half billion dollars and they deserve answers to these questions before more money is wasted.” And the conservative Weekly Standard wrote, “It's increasingly hard to tell the government's green jobs subsidies apart from the Democrats' friends and family rewards program.” 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.” Argonaut’s links to both SolarReserve and Solyndra are being closely examined by Republicans. The fund is headed by George Kaiser, a major Democratic donor. Argonaut’s managing director Steve Mitchell sat on the Solyndra board and is a “board participant” at SolarReserve. Under the Crescent Dunes plan, more than 17,000 specially designed mirrors will collect the sun’s energy and focus it to heat molten salt, which will flow from a 640-ft. tower to produce steam to run a turbine that will generate electricity. Once the project is online in 2013, excess energy will be stored in the salt for up to 10 hours so power can still be generated at night. Backers say the project will prevent 290,000 metric tons of carbon dioxide being pumped into the atmosphere annually and produce enough electricity for 43,000 homes. In announcing the grant, Energy Secretary Steven Chu said Crescent Dunes will be the “first of its kind in the United States and the tallest molten salt tower in the world.” He said the project will provide employment for 600 construction workers – although the company’s own website puts that number at “400-500” – and create 45 permanent jobs. “If we want to be a player in the global clean energy race, we must continue to invest in innovative technologies that enable commercial-scale deployment of clean, renewable power like solar,” added Chu. “Solar generation facilities, like the Crescent Dunes Solar Energy Project, help supply energy to local utilities and create hundreds of good, American clean energy jobs.” Just hours before the announcement of the Crescent Dunes loan Republican Rep. Cliff Stearns, chairman of the Energy and Commerce Oversight Subcommittee expressed concern that the government was rushing payments to meet a Sept. 30 deadline. “The deadline has been on the calendar since the stimulus was signed into law in February 2009, which means DOE has known exactly how much time it had to perform due diligence and approve guarantees for fully vetted and worthy entities,” said the Florida congressman. “The administration's flagship project Solyndra is bankrupt and being investigated by the FBI, the promised jobs never materialized and now DOE is preparing to rush out nearly $5 billion in loans in the final 48 hours before stimulus funds expire,” added Stearns. “That's nearly $105 million every hour that must be finalized until the deadline. “Solyndra was the product of a bad bet rushed out the door and taxpayers are now on the hook. We cannot afford DOE rushing out more Solyndras in these final hours.” The Solyndra scandal has cost taxpayers $535 million following the company’s bankruptcy in early September. The company, whose principals have given hundreds of thousands of dollars to Democratic causes is now being investigated by the FBI for fraud. Last week CEO Brian Harrison and chief financial officer Bill Stover repeatedly invoked their Fifth Amendment rights not to testify when they appeared before the full House Energy and Commerce Committee. Panel chairman, Rep. Fred Upton attacked the decision to give Solyndra the loan guarantee calling it "reckless use of taxpayer dollars on a company that was known to pose serious risks before a single dime went out the door." “It appears we have a great heist of over half a billion dollars and ... maybe even co-conspirators called the U.S. government," added Upton. http://www.newsmax.com/Headline/New-Green-Loan-Obama/2011/09/30/id/412909
Pelosi likes land deals as much as she likes Green loans. This excerpt made me curious about the Pelosi familys real estate investment: Mr. Pelosi said in an email from his wifes spokesman that initially he invested between $1 million and $5 million in the project a dozen years ago, although its value has shot up recently as the undeveloped land moves closer to being annexed by a nearby city. He said the Russell Ranch investment had increased in value less than 5 percent per year over the last dozen years. Pelosis disclosure belated in husbands land deal Partner is father of favored envoy By Chuck Neubauer The Washington Times Monday, October 10, 2011 http://www.washingtontimes.com/news/2011/oct/10/pelosis-disclosure-belated-in-husbands-land-deal/ Since the nearby town of Folsom is going to annex the land, I am wondering if eminent domain will be invoked? If so, you can be certain eminent domain will not shaft the Pelosis and their pals the same way it is used to shaft American property owners without political influence. This is not the first time Pelosi played fast and loose with real estate. Away back in the early 1990s: . . . Pelosi was an investor in a real estate investment entity called PRESIDIO PARTNERS. Pelosi betrayed the country in that one. Her betrayal was not a secret to the people in Washington, yet that filthy piece of garbage went on to become Speaker of the House. Crooks are crooks, do-gooders are do-gooders, and traitors are traitors. All three are combined in one of the most reptilian-like creatures ever to serve socialism/communism. Agenda 21, One World Government Pelosi laid groundwork for Obamas Transformation of America By Judi McLeod Tuesday, March 2, 2010 The clock ticking toward midnight in the well orchestrated Fall of America is Nancy Pelosis shining hour. Rational people may ponder how Pelosi can urge Democrats to vote for ObamaCare even if it means the end of their careers. Like Pelosi, many of her Dem cohorts including Senators Barbara Boxer, Harry Reid, Diane Feinstein among others, are long past their due date. In ending their careers for ObamaCare they have nothing to lose. How many of them will live out the rest of their lives in fabulous wealth? Are Dems being paid off with funds stolen from the American till during the destructive Obama administration? Pelosi was at her Marxist best when she told ABCs Elizabeth Vargas that elements of the Tea Party movement shared common cause with Democrats: We share some of the views of the Tea Partiers in terms of the role of special interest in Washington, D.C .It just has to stop. Special interests were never stopped but only aided and abetted on the Democrats watch. Like a ravening wolf now that it looks like the sheep called America is at its most vulnerable, Pelosi bares long fangs. While arrogant Obama will gladly take credit for it, Pelosi, more than any other member of Congress, paved the way for the takedown of America by the globalist-socialist elite fomenting for One World Order. Not long after Barack Obama was Barry Soetero in red diapers, Pelosi as Useful Idiot Numero Uno was already setting the stage for Americas transformation to a Socialist State. Pelosis hogging of todays stage as ObamaCare shill covers a past freedom lovers should never forget. For it was Pelosi who carefully shepherded Agenda 21 through Congress, ultimately calling on and getting President Bill Clintons help after laying the initial groundwork. Back on March 29, 1993 Pelosi introduced a joint resolution (H.J. RES166) to renew the call for the United States to assume a strong leadership role in implementing Agenda 21 and other Summit agreements, eventually gathering 67 co-sponsors for her bill. Thirty of those sponsors are still in Congress; co-sponsors Ted Kennedy and John Murtha no longer here. Agenda 21 architects were former Soviet leader Mikhail Gorbachev and Canadian UN Poster Boy Maurice Strong, among others. In laymans terms Agenda 21 is a global sustainability document which, among many other things, helped set the stage for converting military installations around the world into globalist activity centers. Few recall that Pelosi was an investor in a real estate investment entity called PRESIDIO PARTNERS. Presidio Partners Holdings included the Presidio property where Gorbachev would eventually set up shop. Working with Pelosi, the late John Murtha played a key role in working with U.S. Navy officials, Pelosis nephew and Presidio Parters to ultimately bring about Gorbachevs tenancy at San Franciscos Presidio. In a nutshell, the Presidio quickly took its place as a Globalist Utopia, free of US controls. The typical world citizen would be shocked to learn the real agenda of these master engineers and facilitators. (Ken Raggio, From the Presidium to the Presidio). Pelosi cheered the arrival of Gorbachev to the Presidio as a tenant, in a speech before the House of Representatives on June 4, 1992, entitled From Swords to Plowshares. Pelosi and Murtha showed their true ideological colors in their energetic efforts to bring the worlds most influential Communist to American soil to establish his American base for promoting his Globalist-Socialist agenda. In April of 1993, Mikhail S. Gorbachev became the first civilian tenant at the prestigious Presidio in San Francisco. In a dedication ceremony, the former Soviet president and his wife were given the keys to a Coast Guard officers house by a three-star American general, where they were to run the Gorbachev Foundation. The mission of the Foundation was to conduct research on global political and environmental issues. (CanadaFreePress, 11/15/06). As many other times before and since, Pelosi and her unpatriotic cohorts brazenly utilize their positions in the US Congress to put forward the most reckless globalist-socialist agendasnot even authorized by any mandate of the American voting public. Her radical liberal, globalist, socialist projects are entirely extra-curricular to her official role as a U.S. Government official, Raggio wrote. In effect, Obama would have no role to turn American over to Socialism without the diligent work of Nancy Pelosi who could stand in for the EUs Woman Riding the Beast. While the not long ago red-diapered Obama drags his TelePrompter about, delivering speeches about how he is prepared to shove Obamacare down Americas throat, Pelosi worked diligently in the background doing all the dirty work to make it possible. Some day historians will record a US traitor whose betrayal of America far surpassed that of Benedict Arnold. http://canadafreepress.com/index.php/article/20572 Heres the link to the piece about Mikhail Gorbachev for anyone who wants to see what Pelosi was doing almost 20 years ago: From the PRESIDIUM ...to the PRESIDIO Mikhail Gorbachev's departure from the Soviet Presidium to the San Francisco Presidio precipitated a massive import of Socialism into U.S. government. By Ken Raggio http://kenraggio.com/KRPN-Gorbachev-PresidiumtoPresidio.htm p.s. San Franciscos Presidio is probably the most valuable piece of publicly-owned real estate in America.
