Posts Tagged ‘stimulus funds’

Wynton Hall

SHOCK CLAIM: Energy Dept. Kickbacks Make Obama America’s Biggest Crony Capitalist… Ever

by Wynton Hall

At least ten members of President Barack Obama’s 2008 campaign finance committee, plus more than a dozen of his campaign bundlers, benefited from sweetheart loans through the Department of Energy (DOE) that collectively dwarfed those given to Solyndra and Fisker.

Investigative journalist Peter Schweizer, who is also a Breitbart editor, reveals the full extent of the DOE scandal in his explosive new book, Throw Them All Out. The book is featured in this week’s Newsweek, and was the subject of 60 Minutes this past Sunday, Nov. 13.

Schweizer’s research reveals that of the $20.5 billion in the DOE’s 1705 Loan Guarantee Program, $16.4 billion in taxpayer money–roughly 80% of all loans in the program–went to green enterprises “either run by or heavily owned by Obama financial backers–individuals who were either bundlers, members of Obama’s national finance committee or large donors to the Democratic Party.”

In 2009, President Obama had promised that the allocation of all federal stimulus monies would be nonpartisan, ethical, and fair. “Let me repeat that: Decisions about how Recovery money will be spent will be based on the merits. They will not be made as a way of doing favors for lobbyists,” Obama said.

However, Schweizer alleges, the Obama administration may be guilty of “the greatest–and most expensive–example of crony capitalism in American history.” (more…)

Joel B. Pollak

$2.5 Million Stimulus Project to Benefit Congresswoman’s Biggest Donor

by Joel B. Pollak

$2.5 million of federal stimulus money went to an energy firm in the Chicago area that used the grant to build a new heating system for the headquarters of Local 150 of the International Union of Operating Engineers, located in Chicago’s southwest suburbs.

Jan Schakowsky (D-IL) with Indie Energy Systems Co., LLC, Aug. 18, 2010

Jan Schakowsky (D-IL) with Indie Energy Systems Co., LLC, Aug. 18, 2010

The company, Indie Energy Systems Co., LLC, is located in Evanston, IL. According to Crain’s Chicago Business, it was previously a “stealth” company, relying on loans from ShoreBank and other investors to stay afloat. The $2.5 million stimulus grant brought Indie Energy out of the shadows, and into the world of big government. The money for the new heating system at the union HQ created “13.78” jobs, according to Recovery.gov, at an average cost of $181,422 per job–though it was supposed to “create and preserve 51 jobs,” according to the official description of the project.

The International Union of Operating Engineers is the biggest contributor to the re-election campaign of Rep. Jan Schakowsky (D-IL), giving the Political Action Committee maximum of $10,000 for the 2010 primary and general elections. Interestingly, the union gave its contribution in March 2009, shortly after the stimulus was passed last February. That suggests a quid-pro-quo could have occurred, with Indie Energy used as the conduit.

[UPDATE: Local 150 makes its political contribution decisions independently of the national organization’s Political Action Committee, to which Local 150 also contributes.]

Yesterday, Schakowsky visited another Indie Energy project, this one located on the Evanston campus of Northwestern University. She touted the company as “an innovative small business that can help grow our country’s evolving clean energy economy.” She neglected to mention its connection to the union heating project, its links to ShoreBank, or its heavy reliance on federal stimulus funds. Nor did she explain how the benefit of $2.5 million in federal funds found its way to her biggest contributor.

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Mike Flynn

Stimulus Funds to Promote Jobs and Diversity in Golf? ‘First Golfer’ Keeps His Promises

by Mike Flynn

obama_golf

Last year, President Obama promised to focus “every single day” on getting Americans back to work:

“My commitment to you, the American people, is that I will focus every single day on how we can get people back to work, and how we can build an economy that continues to make real the promise of America for generations to come.”

Of course, today the President seemed to take a mulligan on his jobs’ vigil, opting instead to do a taping of “The View” and attending a few fundraisers in NYC.  But not to worry, just yesterday, one of the President’s staunchest allies, Rep. James Clyburn (D-SC) introduced legislation to amend the Stimulus legislation to promote an obviously important component of sustained economic growth:

By Mr. CLYBURN:

H.R. 5878. A bill to amend the American Recovery and Reinvestment Act of 2009 and the Internal Revenue Code of 1986 to make funds and tax benefit available to assist job creation and workforce diversification in the golf industry, and for other purposes; to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Of course, in a certain way, this makes perfect sense.

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Charles C. Johnson

Please Sir, May I Have Some More? John Olver (MA-1), Earmark King

by Charles C. Johnson

As I predicted, Scott Brown’s triumphant victory as the first Republican U.S. Senator in 38 years was only the beginning. Next came the retirement of disgraced U.S. congressman, Bill Delahunt (MA-10), which this columnist helped expose at this website.

Rep. John Olver

Rep. John Olver

Now here comes crowded Republican primaries for Massachusetts’s other congressional races. Many of these candidates will lose, but by running they will give their opponents the first real race many of them have seen in decades and they will give new life to an endangered species, the Massachusetts Republican.

This is all part of a transition, moving the people of Massachusetts and their politics back to the middle, back to better representation.

For the Massachusetts congressional delegation, times are tough. Demographic change has meant that their numbers have shrunk to ten members, the lowest for the Bay State since the 1860s. If Republicans retake the House, the people of the Commonwealth will be all but shut out of congressional policy. With Ted Kennedy dead and no one left to direct the delegation, the congressmen will make for easy pickings, despite their considerable warchests amassed over the years. Here’s an assessment of the perceived vulnerabilities of John Olver (MA-1) that Republicans might exploit, moving his congressional district closer to the accountable government we’ve been looking for, and saving the people of Massachusetts much embarrassment once Republicans retake the Congress.

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The Pork Report

Pork Report, March 2, 2010: Beer Museum Edition

by The Pork Report

Spending Under the Influence: National Brewery Museum receives a $449,574 grant from the Federal Highway Administration

The Secretary of Transportation says “it’s fun playing Santa Claus to states and cities around the nation”

…as the Department of Transportation furloughs federal bridge and road inspectors

Washington politicians and bureaucrats enjoy ‘lavish’ government pensions; Federal employees can draw on their pension beginning at age 50 and can get as much as 80 percent of their final salary

National Institutes of Health spends $3.9 million to develop ‘Avatar’ sex-ed video game for kids

National Science Foundation pays to produce a “free” CD for road trips on a highway in California

Director of Louisiana housing agency charged taxpayers for personal expenses; Unallowable charges included a $150 bill at hair salon, items from a sporting goods store and Wal-Mart, and telephone and electric bills

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Mary Grabar

The Tangled Web of Green: Manufacturing a Public Scare

by Mary Grabar

On November 30th, the same day the Food and Drug Administration was scheduled to issue a statement regarding the long-used plastics additive Bisphenol A (BPA), the Milwaukee Journal Sentinel editors urged the agency with the headline “Get on with it!”  They charged that “the agency blew its own self-imposed deadline for issuing a ruling on the safety of the ubiquitous chemical,” and went on to complain that “The FDA is taking more time to have its scientists analyze studies of the chemical’s effects.”

media-scare-stories2

The Milwaukee newspaper, along with the Los Angeles Times health blog, called on Congress to ban the product.  Then, on December 14, the examiner.com reported that Democrat Senators Chuck Schumer and Kirsten Gillibrand had proposed a bill outlawing the use of BPA in food container linings for infant and toddler food.  Washington, with its Senate vote on Friday, is the latest among several states that are not waiting for federal bans.

But as reported here, in the fall, the National Institute of Environmental Health Sciences (NIEHS) had announced the award of $30 million in research grants, $14 million of which represents Obama administration stimulus money, to study BPA further.

What might account for such odd behavior?  There are enough peculiarities and strange connections to suggest that the media, the academy, and liberal political forces are working together to pursue an ideological agenda—with the help of stimulus funds.

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The Pork Report

Pork Report, December 10, 2009: Muskrat Love Edition

by The Pork Report

Martini bar, puppet shows, and research on the sex drive of rats among the recipients of federal stimulus funding

All aboard the stimulus gravy train! $54 million of stimulus funds for a California “wine train” and $2.2 million for a golf course being threatened with closure

Congressional Republicans trumpeting their efforts to rein in federal spending have tucked thousands of pet projects costing more than $1 billion in the $446.8 billion omnibus appropriations bill expected to be passed this week

$500,000 National Science Foundation grant studies how people use Facebook

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The Pork Report

Pork Report November 20, 2009: B-I-N-G-O Edition

by The Pork Report

U.S. Department of Justice funds spent on “Bingo Nights” in Ohio

Who wants $1.5 million in stimulus funds? Apparently, no one.

$25,000 stimulus grant will provide a week of “free” concerts in Sacramento

Less than one percent of Columbus commuters ride bikes, but more than a half-a-million dollars of federal stimulus funds to add downtown bike facilities

Hollywood’s Elegance International makeup school getting a $80,000 stimulus grant and Wild Boar Media, which “writes and dreams up new animation, stories, comics and toys” receives $50,000 in stimulus assistance

Congress long ago earmarked $87 million for a commuter rail line in Georgia, but the state has spent little of the money

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The Pork Report

Pork Report November 19, 2009: Party Cruise Edition

by The Pork Report

“Are caged chickens miserable?,” asks three-year study funded by the U.S. Department of Agriculture

Party cruise ship receives $123,000 stimulus grant to protect it from terrorist attacks; “We feel that we’re really a low threat for a terrorist incident,” says owner, “but the stimulus was a nice perk.”

U.S. government made more than $98 billion in erroneous payments this year alone

Federal grant intended to prevent tobacco use spent on junkets, tribal elections, and publishing a newspaper

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The Pork Report

Pork Report: October 1, 2009

by The Pork Report

pork report

Keep on Truckin’:

Grateful Dead archive receives $615,175 federal grant; “The ultimate goal… is that everyone will have a Grateful Dead experience”

Renovation project at the Bill Clinton presidential center will receive $2.5 million of federal stimulus funds

North Carolina Department of Transportation spending $1.2 million of federal stimulus funds to renovate a lighthouse and another $3 million to paint a bridge

Congress approves $250 million increase in its own budget

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The Pork Report

Pork Report: September 30, 2009

by The Pork Report

Today’s Pork Report from Sen. Tom Coburn (R-OK) identies at least $315 million in wasteful Washington spending:

Congress boosts its own budget by $250 million; Increase will pay to hire consultants, hold receptions, and send postcards to voters

Only 16% of Americans believe Congress is doing a good job

Medicaid spends $65 million on prescription drug abuse, including paying for thousands of prescriptions for dead patients

Puppet theater in Philadelphia receives federal stimulus funds

80% of Boston’s music festival being paid for with federal stimulus funds; The six-concert, three-day event plans to “jump-start the classical music season and the national economy”

Nevada spending federal stimulus funds to underwrite “crucial festival director position

Despite being in good financial shape, Idaho festival receives stimulus funds to pay for next year’s festival

The Pork Report

Pork Report: September 29,2009

by The Pork Report

Today’s edition of Sen. Coburn’s Pork Report identifies at least $108.4 million in wasteful Washington Spending.

Despite being in good condition, Hollywood’s Sunset Strip will get a $7 million face lift with federal stimulus funds

Employee misconduct investigations, often involving workers accessing pornography from government computers, grew sixfold last year at the National Science Foundation; The problems were so pervasive, the agency’s inspector general had to cut back on its primary mission of investigating grant fraud and recovering misspent tax dollars

Senior government executives earned higher raises and bonuses last year

Defense appropriations bill steers over $100 million to campaign donors for pork projects not wanted by the Pentagon

Pork Rx; Federal government would pay 100% of the cost of Medicaid expansion in the Senate Majority Leader’s state under new health care bill

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