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Solyndra-corruption madness coming to your neighborhood

Posted By Aaron Klein On 12/12/2013 @ 10:23 pm In Money,Politics,U.S. | No Comments

President Obama’s new staff adviser, senior progressive strategist John Podesta, has been spearheading a push for massive new federal funds to finance local “clean energy” projects nationwide, WND has learned.

Podesta, a former chief of staff to President Bill Clinton, is founder of the highly influential Center for American Progress.

Earlier this week, it was reported Podesta will serve for one year as a “counselor” to the president. The New York Times reported Podesta will focus on executive orders with specific emphasis on so-called climate change issues.

A review of recent Center for American Progress, or CAP, research papers finds specific plans for the Commerce Department to finance so-called clean energy projects on a local level throughout the nation.

Earlier this week, Podesta’s CAP released a 32-page paper, “The Green Industrial Revolution and the United States: In the Clean Energy Race, is the United States a Leader or a Luddite?” The paper recommended new “clean energy” manufacturing projects be founded locally.

The paper was also sponsored by the Institute for America’s Future and the BlueGreen Alliance, which was formally known as the Apollo Alliance.

Obama’s controversial former “green” jobs czar, Van Jones, is on the board of all three groups, the Institute, CAP and the BlueGreen Alliance. Jones resigned from the White House in 2009 after it was exposed that he founded a communist revolutionary group.

Jeff Jones, who heads the BlueGreen Alliance’s New York branch, is a former top leader of the Weathermen terrorist organization, while Alliance associate Joel Rogers is a founder of the socialist-oriented New Party.

Podesta’s new “Green Industrial” report, meanwhile, is mostly a rehash of an extensive CAP recommendation paper titled “Regional Energy, National Solutions: A Real Energy Vision for America.”

The new report asserts the U.S. “would greatly benefit from fostering a regional approach to clean energy.”

The report argues strongly for a new “set of national policies that provide a framework for this regional action: a price on carbon, a true national clean energy standard, certainly and stability in the alternative energy tax credit market, and strong support for advanced energy manufacturing, to name the most critical.”

The report provides what it sees as an “alternative, sustainable vision” for each of the six major multistate regions of the country, with each vision based on what is perceived as the region’s unique strengths.

Namely, “offshore wind off the Atlantic, solar in the Pacific, advanced vehicles in the Midwest, smart grid in the Southeast, large-scale renewables in the Mountain West, and coastal restoration in the Gulf states.”

One of the main objectives of the CAP report is to advocate use of the Commerce Department as the central agency for funding so-called clean energy regional projects.

States the report: “With solid leadership and increased capacity, Commerce could be the central department ensuring that energy programs out of the Department of Energy, environmental programs out of the Environmental Protection Agency, and workforce training and standards programs out of the Department of Labor, all work together to support regionally specific economic development plans that will help America consolidate global leadership in the green industrial revolution.”

Federal ‘green’ bank

The new CAP report builds on a second CAP action paper from 2011 that calls for the founding of a federal “green” bank or “Energy Independence Trust.”

The trust would borrow from the federal treasury to provide low-cost financing to private-sector investments in “clean energy.”

The trust aims to hold sufficient reserves to protect the Treasury Department from loan losses and would offer a variety of debt- and equity-based financial instruments, loan guarantees and tax incentives to draw a wave of private capital into the so-called clean energy sector.

Obama himself signaled support for the “green” bank trust concept in his February 2013 State of the Union. He used the address to announcement what he called an Energy Security Trust.

He said the trust will “drive new research and technology to shift our cars and trucks off oil for good.”

Obama did not go into more detail about the composition of such a trust.

In a conference call Tuesday presenting the new CAP paper to reporters, Kate Gordon, senior fellow with the Center for American Progress, claimed, “Ninety-seven percent of scientists believe the world is warming due to human behavior.”

Sen. Sherrod Brown, D-Ohio, participated in the CAP conference call.

With additional research by Brenda J. Elliott.


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