Keeping Government Money In The Family

When Representative Russ Carnahan (D-Missouri) took office in 2005, his brother got into the wind energy business. As a result, the family business has predictably prospered, most recently in the form of $107 million dollars.

Earlier this month, the White House released a report entitled, “100 Recovery Act Projects that are Changing America.” Number 18 on the list is Lost Creek Wind Farm in DeKalb County, Missouri, which received a $107 million grant from the Department of Energy. And it just so happens that Lost Creek was founded by Tom Carnahan – Russ’ brother.

But Tom’s history associated with the war against fossil fuels and the world of renewable energy is a short one, beginning in 2005 — the same year his brother entered Congress — when he quit his law practice to start Wind Capital Group LLC to develop wind energy in Missouri. At first, business wasn’t so great, and the Lost Creek project was put on hold. That is, until the American Recovery and Reinvestment Act was passed, and along with it, the establishment of the Department of Energy’s loan guarantee program.

Read more: http://dailycaller.com/2010/09/30/rank-and-file-democratic-congressmans-brother-dependent-on-government-grants-for-companys-success/#ixzz111AG4fYm