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Former Colorado Senator: Steyer Involvement in Senate Contest an ‘Insult’
Washington Free Beacon ^ | October 6, 2014 | Wayne Allard

Posted on 10/06/2014 9:22:54 PM PDT by george76

A former U.S. senator in Colorado sees parallels between billionaire environmentalist Tom Steyer’s meddling in current Senate elections in the state and his hedge fund’s efforts to drain a small Colorado town’s water supply and sell it to the highest bidder.

Former Sen. Wayne Allard (R., Colo.)

...

In 1995 Tom Steyer descended on Colorado, standing to make millions by exporting the water under the San Luis Valley and selling it to the highest bidder. Draining this particular aquifer would have had disastrous consequences for farms, wetlands and the Great Sand Dunes National Park. Impact from Steyer’s plan would have been severe and activists called the proposed plan an environmental disaster.

The Washington Free Beacon previously reported on the efforts of Farallon Capital Management, the hedge fund Steyer founded in 1987 and led until late 2012, to drain an aquifer in the San Luis Valley.

That effort, and additional environmentally destructive Farallon investments, garnered not just local outrage and political opposition, but a nationwide student divestment movement that aimed to drop Farallon from university endowment portfolios.

Allard portrays Steyer’s extensive involvement in this year’s Colorado Senate race as a similar attempt to exploit the state’s natural resources for his own gain.

(Excerpt) Read more at freebeacon.com ...


TOPICS: Crime/Corruption; Editorial; News/Current Events; Politics/Elections; US: Colorado
KEYWORDS: 1995; allard; aquifier; colorado; environmentalists; farallon; faralloninvestments; steyer; tomsteyer; wayne; wayneallard

1 posted on 10/06/2014 9:22:54 PM PDT by george76
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To: MileHi; dynachrome; Balata; bboop; BulletBobCo; Carley; ColoCowgirl; Colorado Doug; ...

Colorado Ping ( Let me know if you wish to be added or removed from the list.)


2 posted on 10/06/2014 9:25:23 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

He is doing the same thing in Michigan’s senate race with Terri Land. He is running a bench of bs ads.


3 posted on 10/06/2014 9:49:42 PM PDT by jimpick
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To: george76

It looks like Udall has learned a lot about outside interests/crooks from Harry Reid.


4 posted on 10/06/2014 10:10:36 PM PDT by laplata (Liberals don't get it .... their minds are diseased.)
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To: george76

Targeting the Pa. gubernatorial race as well....


5 posted on 10/07/2014 3:56:43 AM PDT by SueRae (It isn't over. In God We Trust.)
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To: george76

Another Soros?


6 posted on 10/09/2014 8:33:34 AM PDT by Impy (Voting democrat out of spite? Then you are America's enemy, like every other rat voter.)
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To: george76

My goodness....Tom Steyer is NOT as green, as his publicist would like us to believe.


7 posted on 12/23/2017 8:53:15 AM PST by ptsal ( Get your facts first, then you can distort them as you please. - M. Twain)
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