Last summer, I began a collaboration with Marita Noon, columnist at Townhall.com, to expose the entire Green Corruption scandal –– years of research I had gathered since the February 13, 2009 passing of the Recovery Act, also known the Stimulus Bill, of which $80 billion was earmarked for green investments (some reports show much more) . In 2011, the original expenditure estimate of $787 billion was increased to $840 billion to be in line with the President's 2012 budget and with scoring changes made by the Congressional Budget Office since the enactment of the Recovery Act.
Also known as H.R.1: Economic stimulus bill, it should be noted that according to OpenSecrets.org, the 2009-Recovery Act has been the top lobbied piece of legislation since 2005 with over 2,019 "clients."
Last May the Washington Free Beacon exposed Senator John Kerry, whom President Obama recently nominated as Secretary of State to replace Hillary Clinton, and his part in this green-energy scheme. Kerry, the co-author of cap-and-trade legislation, more specifically the 2010 American Power Act, is another 2009-Recovery Act green-energy crafter, along with John Doerr and five others that I found, which have cashed in big time from the stimulus funds.
“The Lucky Seven Stimulus Authors," which I had alluded to in May 2012, are those that helped craft the 2009-Recovery Act and have subsequently financially benefited, of which I have already covered General Electric, John Doerr of Kleiner Perkins, and I have given mention to billionaire George Soros, as well as the left-wing organization the Apollo Alliance –– with TJ Glautheir, McBee Strategic Consulting, and Senator John Kerry topping off my list. Soon to be released.
Below is Marita' column on Senator Kerry's role –– with corrections and extra information marked in red.
Wonder what 2012 looks like.
In April 2009 when Gore testified in a hearing before the House Energy and Commerce Committee, he was confronted by Congresswoman Marsha Blackburn (R-Tenn.) about his financial interests in, at that time, to the pending cap-and-trade legislation. What’s funny about this interchange is that Blackburn, citing an October article by the New York Times Magazineabout Kleiner Perkins, asked Gore, "Are you aware of that company?" Gore, laughingly said, “Well, yes, I’m a partner in Kleiner Perkins.” Blackburn then noted that “they [Kleiner Perkins] had invested about a billion dollars in forty companies that are going to benefit from cap-and-trade legislation,” and she asked, “Is the legislation that we are discussing here today; is that something that you are going to personally benefit from?” Blackburn also asked, "Are you willing to divest yourself from any profit?"
Gore sidestepped the questions and took a somewhat defensive posture, claming that "every penny" that he has made from "green" –– his movie, book and investments in renewable energy –– goes to his non-profit organization, "the Alliance for Climate Protection to spread awareness."
Maybe Kerry will be asked the same questions on Thursday...
"For years, Kerry has invested millions in a number of green energy companies that have benefitted from the president’s efforts to aggressively subsidize the industry with taxpayer dollars," writes the Washington Free Beacon.
Kerry seems to average about twelve percent of his published assets in "energy & natural resources," and with a quick glance, besides Kleiner Perkins, we find that there are numerous large corporations that are tied to a massive amount of renewable energy funds from the 2009 Stimulus; like BP, Bank of America, Citigroup, Exelon Corp, General Electric, Google, and Southern Co.
Exelon is part of the "$3 Billion First Solar Swindle," which I had written about last summer and has its own unique twist.
Besides Exelon making it on that "top Obama contributors list," in August of 2011, they were the recipient of a $656 million loan for the Antelope Valley Solar Ranch, one of the non-investment grade loans listed in the 2012 House investigation.
During Obama’s run for the presidency, Exelon’s employees continued to give, contributing at least $200,000 during Obama’s 2008 campaign, meanwhile Exelon board member John Rogers Jr. was a top Obama bundler, hauling in at least $500,000. And back in July 2011, Frank Clark then CEO of the ComEd unit (their chief state lobbyist) had raised between $50,000 and $100,000 for President Obama and the DNC for 2012, marking Mr. Clark as an Obama bundler for both campaigns.
However there is an even more complex Obama, Exelon story to share that includes Clark, Exelon CEO John Rowe as well as other high-profiled Democrats –– Obama's former chief of staff, Rahm Emanuel and chief political strategist, David Axelrod –– uh, and more stimulus money. But I digress...
Clean energy dirt is not the only concern for this Senator, soon to be our Secretary of State. The Washington Free Beacon reminds us, "Kerry is one of several lawmakers prominently featured in Throw Them All Out, Peter Schweizer’s landmark book on how elected politicians exploit their privileged positions to enhance their personal wealth." "The Massachusetts Senator’s most dubious trading activity coincided with two major political events — the financial crisis of late 2008 and the passage of President Obama’s controversial healthcare overhaul in March 2010."
When confirmed as Secretary of State, thrusting more power in his corner –– along with a president that's dead set on pushing a fierce and radical climate change agenda and funding green energy with taxpayer money, which is mainly a vehicle for corporate welfare –– what will Kerry do to save our planet, while fattening his (family and friends) pocket book?
UPDATED January 26, 2013:
According to a January 24, 2013 article by Fox News , "Kerry says tackling debt a must for sake of American influence abroad..."
In the past, Kerry has played a major role on climate change legislation and has warned of the environmental dangers.
In advance of his hearing, Kerry said he plans to divest holdings in dozens of companies in his family's vast financial portfolio to avoid conflicts of interest if he is confirmed.
He notified the State Department earlier this month that within 90 days of his confirmation he would move to sell off holdings in three trusts benefiting him and his wife, Teresa Heinz Kerry. In the Jan. 8 letter to the department's Office of the Legal Adviser, Kerry said he would not take part in any decisions that could affect the companies he has holdings in until those investments are sold off.
Kerry is the wealthiest man in the Senate, worth more than $184 million, according to a 2011 Senate disclosure.
Well, OK but his "financial friends" will still benefit, but in 90 days, we'll be checking Senator Kerry!
Signing off, THE Green Corruption blogger,
One Woman, One Mission, One Green Corruption Piece of the Scandal at a time...