Wednesday, October 31, 2012

Obama Used DOE Loans To Bolster Harry Reid

Culture of corruption.
President Obama claims that political considerations did not influence the Energy Department’s green energy loan program, but newly-released internal emails show that his administration subsidized Nevada companies in order to help Senate Majority Leader Harry Reid, D-Nev., win his 2010 reelection campaign.

“And these are decisions, by the way, that are made by the Department of Energy, they have nothing to do with politics,” Obama said last week when asked about the green companies that have gone bankrupt despite receiving taxpayer support.

The House Oversight and Government Reform Committee released DOE emails today that compromise Obama’s position on two counts: one, the emails show that Obama himself was involved in approving loans; two, DOE officials were keenly aware of the political interests at stake, as they regarded the loans as a way for the White House to help Reid by giving him a way to brag about bringing federal money into Nevada.

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