Ed Perlmutter (D-CO)
Posted on 07/15/2009 9:06:22 AM PDT by La Lydia
Rep. Ed Perlmutter of Colorado inserted a provision into the recently passed House climate change bill that would drum up business for "green" banks, such as the one he has invested in and his family and a political donor helped found in San Francisco. The bill calls on bank regulators to promote green banking and says federal dollars should be used to support energy-efficient home improvements at government-funded housing projects.
Mr. Perlmutter, a two-term Democrat, has two investments in the 3-year-old New Resource Bank, which calls itself the nation's first green bank...A Perlmutter spokeswoman stressed that the bill provisions benefit any bank that offers qualifying products....
New Resource also lists Deana Perlmutter, the congressman's former spouse, and his father, Leonard Perlmutter, among those who have invested "seed capital and effort" to get the venture off the ground, according to the bank's Web site....
Mr. Perlmutter's sponsorship of the GREEN Act given his financial stake in the bank raises ethical questions....
Mr. Perlmutter's GREEN Act was part of a 300-page amendment added at the last minute to the Waxman-Markey energy bill, which the House passed June 26 by a narrow 219-212 vote.....
(Excerpt) Read more at washingtontimes.com ...
And I wonder if the Denver Post will dare to pick this up.
Perlmutter benefitting from his position - not surprising. I’ve been on him for his constituent mailings. He uses his franking privileges and office budget to produce and mail glossy brochures about how he is “helping” us. In essence they are campaign materials paid for by the taxpayers. When I write to him about it I get happy clappy letters back thanking me for my concern on some unrelated issue. He’s just another pig at the trough.
My God, do they not have proofreaders on staff at that paper?
Not any more. After the Rocky went under, they apparently decided they don’t have to hire literate English speakers any more.
Next thing you know the POS will be building roads to his development.
This foul and corrupt pol illustrates why we have the “Green” fraud imposed upon the citizenry. It lines pols pockets! Lord I hate ‘em! The pols have ruined our fine country.
Ed Perlmutter (D-CO)
What ever happened to arm’s length transactions???
Sounds like a cheesy crook to me.
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