The Spectacle Blog
Vulnerable Rep. Betsy Markey, and many fellow Colorado Democrats, has been the beneficiary of liberal billionaire heiress Pat Stryker’s generous political contributions, which helped transform it into a Blue State a few short years ago. Now it appears that Markey has returned the favor by helping one of Stryker’s investments, a solar company, get $400 million in federal loan guarantees and by voting for the Waxman-(Ed) Markey cap-and-trade bill. Complete Colorado has the story:
One of the clearest benefactors of this type of legislation would be any company in the “new, green economy.” For example, companies such as Abound Solar, with a production plant in Markey’s district. And in gratitude for her vote, Abound Solar ran “thank you” ads for Markey…
Markey enjoys the support of liberal billionaire heiress Pat Stryker, whose investment group, “Bohemian Companies,” owns a stake in Abound Solar….In this election cycle, Stryker has made direct contributions to Markey’s re-election campaign….
Why wouldn’t the billionaire heiress provide her own $400-million as a loan? Perhaps she doesn’t have that much faith in Abound. Perhaps because she knows that you get a better return-on-investment when you use other people’s money.
Get the picture?
Photo illustration: Complete Colorado
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Dweller| 9.27.10 @ 4:02PM
Thank you so much for illuminating this.
So-called "Green Energy" is one of the most currupt scandals I've every seen.
Why don't people just focus on what matters? Oil, coal, and nuclear energy are the only viable options for our future. Europe and China are going to hell in a handbasket by putting all their eggs in so-called "Green Energy" - and then they are going to come begging to us when they fail. I for one, thank God that we are sticking with what works.
When I was in high school I played on the football team. My coach decided that they would have to replace our heavy leather shoulder pads with lightweight plastic ones. At first, parents were asked to front the money for this. My father and many others refused. Later, the school board decided they'd invest in loans to help students pay for the plastic ones. But still my father refused - "kickbacks to the plastics industry," he grumbled. I didn't understand why at the time, but my father stuck to principle. If the "government" decides something is good for you, don't listen blindly like a sheep. And if they put their money behind it be doubly skeptical.
I learned a lot from that experience, and I only got injured twice on the field that season.
SoCon| 9.27.10 @ 4:36PM
Your dad should have bought those lightweight pads for you.
Dweller| 9.27.10 @ 5:21PM
Excuse me? No one tells me what my father should or should not do or have done for me. He was an independent man, stood up for himself, his family, and his country. No one else could get in the way of that. Shoulder pads or no.
SoCon| 9.27.10 @ 6:21PM
I can see you're a chip off the old block. How's the shoulder feeling these days?
SoCon| 9.27.10 @ 4:03PM
Democrats are the ultimate Corruptocrats--looks like Nancy never did drain that swamp, did she?
Vote democrats out!
Mad Hatter| 9.27.10 @ 4:33PM
Nancy, with much ceremony and pomp,
Eagerly declared she'd drain out the swamp,
We don't think it's too harsh,
To say the Vineyard's still Marsh,
So this November, Tea Party will romp!
SoCon| 9.27.10 @ 4:37PM
You're on fire today, Mad Hatter! lol
Mad Hatter| 9.27.10 @ 4:17PM
While supporting a candidate, Ms. Stryker,
Said, "Betsy Markey? It's simply I like 'er!"
Now a big loan for solar!
Is Betsy the un-coaler?
Or could it be that Pat is a piker?