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The Obama-Biden Energy Legacy: Cronyism
Townhall.com ^ | March 9, 2020 | David Wallace

Posted on 03/09/2020 4:13:36 AM PDT by Kaslin

On a joyous California stage late on Super Tuesday, former Vice President Joe Biden declared to a cheering crowd that reports of his campaign’s death had been greatly exaggerated. The legacy of the “Obama-Biden” democrat was alive and ready to make a second run at the White House. The past four years have seen an inner-party struggle for the soul of the Democratic party between Sanders/Warren socialism and the traditional party establishment. With one fell swoop, Uncle Joe had put himself back in the game.  

Pushed by the growing public concern of climate change, Democrats during this cycle have hotly debated the direction the party must pursue, which has led to an evaluation of the Obama-Biden legacy on Green-Energy policy. While most proclaim their forward thinking, it’s hard to ignore the corporate greed that permeated many of the administration’s policies. 

The Obama-Biden administration had many noted policies towards a greener America. Attached to many of those initiatives, however, were friends of the administration whose profits and dysfunctional businesses took precedent over American taxpayers. 

Infamously, the administration’s Department of Energy provided Solyndra with a massive loan. At the time, it was a solar panel manufacturing company that was promising significant returns. Despite knowing that the company never turned a profit, the administration fast-tracked the loan so that Joe Biden could stand on a California stage and promote the “forward-thinking” policies of Obama-Biden’s party. 

The company went bankrupt only a year after receiving $535 million in Obama administration-approved loan guarantees. Significant investigations on the administration’s corruption and foul play followed suit. At the same time, other probes found an array of companies with direct ties to administration officials that had received similar backdoor loans. 

While Solyndra is the most prominent example of the Obama-Biden White House’s green energy mirage, it certainly wasn’t the only one. Exelon – a Fortune 100 energy company and significant donor to the administration – also received significant favors from them. The company, tied closely to two Obama chiefs of staff and one of the administration’s top fundraisers, was very open about the specialized treatment the Obama-Biden White House provided to it. Elizabeth Moler, chief lobbyist for Exelon, even went on record saying that “Exelon (had) made countless millions off its political connections and (stood) to make a fortune off Obama administration energy policies.”  

Unfortunately, when Obama and Biden left Washington in 2017, their energy cronyism did not. Once their administration came to an end, much of the cronyism just expanded within the individual states. It is here that the Obama-Biden legacy lives on.  

Take Obama’s semi-home state of Illinois. Currently, the state is working on its Clean Energy Jobs Act. The bill has many reasonable green energy positions, but while built on a green-friendly framework, it is also filled with cronyism. One key example of favoritism is the provisions that would increase cost liabilities on Illinois taxpayers tremendously. It would do so by increasing the number of bailout giveaways for Commonwealth Edison, whose parent company is none other than Obama-Biden darling Exelon itself.

In short, Exelon has parlayed everything that it learned from the Obama years into a massive state lobbying strategy. The company is currently undergoing an extensive federal investigations by the FBI and SEC for its crony influence-peddling within the Illinois statehouse, similar to the many probes that took place into Obama-Biden’s White House energy endeavors.  

Chicago media recently even obtained e-mails showing that a ComEd/Exelon lobbyist even virtually served as a full-time staffer for Michael Madigan, the Illinois House Speaker. He went so far as to offer edits for his inaugural address and joke about his virtual dual role with Madigan’s Chief of Staff.

Generally speaking, this type of influence-peddling doesn’t produce good legislative outcomes. With its taxpayer-funded bailouts to Exelon, the Clean Energy Jobs Act is not an exception to this rule – it’s just the latest example, and one that continues to be deliberated in the midst of the investigations.

Given Obama-Biden’s role in the popularization and magnification of this energy cronyism, is there any reason to believe this type of activity wouldn’t expand under a Biden administration?

Well, when he occupied the White House, the New York Times reported that “Exelon executives were able to secure an unusually large number of meetings with top administration officials.” More troubling, it seems these meetings came “at key moments in consideration of environmental regulations that have been drafted in a way that hurt Exelon’s competitors but curb the high cost of compliance for Exelon and its industry allies.” There’s something about Biden and energy companies that seems to always end in corruption.   

As voters continue along the primary process, they’ll be continually spoon-fed the Obama-Biden legacy and its desirability to return. But as voters dive deeper into the actual legacy of their policies, they may find that the legacy of the past should remain there. We need to start legislating that puts citizens’ interests first, not well-connected corporations. We should reject all legislation that gives taxpayer handouts to corporations like Exelon, and all politicians who facilitate it. 



TOPICS: Culture/Society; Editorial
KEYWORDS: barackhussein0bama; energy; joebiden; solyndra
While 0bama is the worst president ever, Joe Biden, if elected will be known as the most dumbest president ever
1 posted on 03/09/2020 4:13:36 AM PDT by Kaslin
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To: Kaslin

He’s braindead Jim.


2 posted on 03/09/2020 4:39:02 AM PDT by HighSierra5
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To: Kaslin; All

Get News about corruption spiked by MSM
Presented and sourced in Free Republic. com/
An all sides news collecting site by volunteers
with no ads or fees which uses donations
below just a sample Punch up link for
http://www/freerepublic.com/

Virginia Goes Full Libtard, Passes Transgender Educational Mandates for Children,
Other Pro-LGBT Measures DCCL ^Democrats are not just at war with the Bill of Rights;
they are at war with traditional Christian values as well. They moved legislation
through the state senate earlier this week that advances the LGBT agenda.M
One bill will allow transgender people to be issued new birth certificates
that are not based on the sex of their birth. | 1/25/2020 | Dean Garrison http://www.freerepublic.com/focus/f-news/3811172/postsVirginia

How swamp family members got rich through corruption Schweizer book review; http://www.freerepublic.com/focus/f-bloggers/3809389/posts
New York Post ^ | January 18, 2020 | Biden’$Bundle$ http://www.freerepublic.com/focus/f-news/3809208/posts More here; http://www.freerepublic.com/focus/f-news/3809708/posts

Court Filing: Hunter Biden earned $156M from Ukraine corruption
One America News ^ | 12/25/19 | OAN News Posted on 12/26/2019, 8:52:00 PM by Blood of Tyrants http://www.freerepublic.com.focus/f-news/3803694/posts

Hunter Biden is facing new accusations of money laundering from Ukraine .BREAKING: Pelosi’s Son Now Involved In Ukraine Scandal- Democrat Party In Shambles
Rightwingtribune.com ^ | Dean James & Dean Garrison at DC Clothesline October 4, 2019

Hunter Biden move over. Now Nancy Pelosi’s son may be looking to take center stage with the Ukraine controversy. Paul Pelosi, Jr. spent time in Ukraine in 2017. “BOOM: Nancy Pelosi’s son Paul Pelosi Jr. (who went to Ukraine in 2017) was a board member of Viscoil and executive at its related company NRGLab, which DID ENERGY Business in UKRAINE! And Nancy Pelosi appeared in a promotional video for the company!”

Speaker Pelosi’s Son Paid $180K annual by InfoUSA (No Experience necessary)12/29/2019, 7:03:41 PM · by Liz · 7 replies
theunionjournal.com ^ | December 29, 2019 | Carlos Christian
Shortly after Nancy Pelosi became Speaker, in 2007, Paul Pelosi Jr. was employed by InfoUSA at $180,000 a year as vice chairman for Strategic Planning. Paul Pelosi had a full-time day job as a mortgage mortgage officer for Countrywide Loans in California but didn’t report to work http://www.freerepublic.com/focus/f-news/3804232/posts

Top Romney Adviser Worked With Hunter Biden On Board Of Ukrainian Energy Company
Federalist ^ | September 26, 2019 | Erielle Davidson Posted on 10/4/2019, 8:14:46 PM by cocoapuff Federalist—According to Burisma’s website, Joseph Cofer Black (Romney adviser) was appointed in February of 2017 and continues to serve on its board. The timelines would indicate that Black and Biden worked together at Burisma,

Burisma Paid Joe Biden $900,000 for Lobbying – Ukrainian MP
Ukraine News Agency ^ |KYIV. Oct 9 (Interfax-Ukraine) – Former U.S. Vice President Joe Biden received $900,000 for lobbying activities from Burisma Group, Ukraine’s Verkhovna Rada member Andriy Derkach said citing investigation materials the amount of $900,000 were transferred to the U.S.-based company Rosemont Seneca Partners, open sources, in particular, the New York Times, is affiliated with Biden. payment for consultative services,”;http://www.freerepublic.com/focus/f-news/3785536/posts

Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return. Investment Watch ^ | 12/8/19 |The Obamas’ $60m book deal has broken all records. From James Patterson to JK Rowling and Pope John Paul II, http://www.freerepublic.com/focus/f-news/3805839/posts

Chelsea Clinton is worth big bucks — Here’s how she managed to make all that money Fox News ^ | 1/12/2020 | Tammy Bruce Posted on 1/12/2020, 3:33:01 PM New York Post reported back in 2015 an estimated net worth of $15 million Barron’s, revealed that Chelsea Clinton has now reaped $9 million in a corporate board position. In 2011, her mother was still secretary of state, she was appointed to IAC/, an Internet investment company. receives an annual $50,000 retainer and $250,000 worth of IAC stock , according to Barron’s .Politico reported she is rewarded with $600,000 a year doing occasional fluffy feature stories.. Vanity Fair found, after she parted ways with NBC News in 2014, she ended up making $26,724 per minute .http://www.freerepublic.com/focus/f-news/3807636/posts

Example of the results of sanctuary city
Man Accused Of Raping 3-Year-Old At McDonalds Previously Arrested At Texas/Mexico Border
dfw.cbslocal.com ^ | February 28, 2020

Posted on 2/29/2020, 11:42:35 PM by lowbridge

U.S. Immigration and Customs Enforcement (ICE) says a man who prosecutors allege sexually assaulted a 3-year-old girl in the stall of a McDonald’s restroom located in Chicago’s North Riverside community 600 North Clark street should have been turned over to the agency last year.

Christopher Puente, 34, is charged with one count of predatory criminal sexual assault. Cook County prosecutors said he confessed to detectives that he’d placed the child on his lap while he was in a restroom stall, pulled off her pants, and covered her mouth when she started calling out “daddy daddy.”

The father had taken his two children to the restroom, taking his son into a stall while his daughter waited just outside in the restroom. According to prosecutors. Puente, who was in the next stall, lured the girl into his stall while her dad was preoccupied, pulled her into his lap, pulled down her pants and underwear, and sexually assaulted her.

In June 2019, ICE lodged an immigration detainer with the Chicago Police Department on Puente, who has several felony convictions and a prior removal, after he was arrested for theft.

“How many more victims must there be before lawmakers realize that sanctuary policies do not protect the innocent?” asked Robert Guadian, field office director of Chicago Enforcement and Removal Operations (ERO). “Puente should have been in ICE custody last year and removed to his home country. Instead, irresponsible lawmaking allowed him to walk free and prey on our most vulnerable.”

Remember this ?
Here is what went on was reported in the Free Republic website,Use the pictures of you do a printout
http://www.freerepublic.com/focus/f-news/3697570/posts

Why are we expected to allow Mexican citizens enter to our country illegally and offer them preferential treatment over our citizens allowing them to purchase land in their own name and voting privileges when an American cannot do either if they choose to retire in Mexico ?


3 posted on 03/09/2020 4:48:39 AM PDT by mosesdapoet (mosesdapoet aka L.J.Keslin posting here for the record hoping somebody might read and pass around)
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To: Kaslin

I think we’re standing on a precipus in time regarding a sea change in our economy. If the price of oil craters further it would make green energy too expensive.


4 posted on 03/09/2020 4:54:41 AM PDT by HighSierra5
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To: HighSierra5

A double edge sword


5 posted on 03/09/2020 4:56:25 AM PDT by griswold3 (Democratic Socialism is Slavery by Mob Rule)
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To: Kaslin

The most EVIL administration in the history of this fabulous republic. The ARROGANT CONstitutional “charter of negative liberties” scholar and the ARROGANT International Extortionist/Kickback schemer urinating on hard-working Americans well-intentioned “foreign aide”.

Thanks, “representatives”.

(and I didn’t even have to mention Hillary)


6 posted on 03/09/2020 5:01:14 AM PDT by PGalt (Past Peak Civilization?)
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To: Kaslin
When Obama carried out his Solyndra con game, he broke the same law that Martha Stewart went to prison for breaking:

http://www.freerepublic.com/focus/f-bloggers/3392261/posts

7 posted on 03/09/2020 5:11:57 AM PDT by grundle
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To: Kaslin

President Trump - capitalism
Alzheimer Joe - crony capitalism leaning toward socialism
Communist Bernie - Venezuelan and Cuban socialism


8 posted on 03/09/2020 5:39:35 AM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.for corruptiion)
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