So a colleague of mine at CEI passes along to me an email from
someone overseas we both know well as a longtime energy industry
investor, reading as follows (with just a few typos owing to
language differences cleaned up):
“Recently I read about how the Obama administration is
demonising [sic] donors to GOP. That The Chamber of Commerce have
donors from abroad. [In] 2008 I was at several trade fairs in
Germany about renewable energy. I heard companies bragging they
were supporting the Obama campaign.
They and their shareholders would be direct beneficiaries
of his pledge for more subsidies to renewable energy.”
He then suggested we check certain things out.
Now, President Obama was complicit in an
effort to enlist (according to his own smear campaign)
foreign money to lobby for the cap-and-trade energy rationing bill
that was clearly against America’s interests…that would be the
same Chamber, incidentally. So, in what should be a surprise to no
one, it turns out that his more regular political dance partner the
windmill industry are indeed largely a bunch of foreigners! (like
the solar guys…as we learned the hard and expensive way with the
stimulus boodle sent overseas).
And just as surely, the American Wind Energy Association
(AWEA)
is giving 86% of their money to Democrats this cycle. Again,
many of their member companies, you will see via that Open Secrets
link, are foreign companies, which can donate through
employees of US subsidiaries. I know, I know, that’s distinct
from US companies with foreign subsidiaries paying dues to their
parent organization which uses different funds for its advocacy. It
is much more nefarious. Or something.
Just to illuminate the rampant hypocrisy running through this
particular example, this interest group is as I have pointed
out before, in addition to being made up of many foreign
companies (!), also a “fossil fuel-funded industry
group”, the creature against which they railed so regularly until
being called on it. And which their political allies dine out
regularly by bashing as a means to advance, well, their shared
agenda of transferring your wealth to their politically divined
corporate welfare schemes, rewarding uneconomic boondoggles at
your expense.
So, is Washington really beyond recognition now as promised
throughout 2008…or has this crowd only made it worse?