Posts Tagged ‘schedule 3’

Nancy Pelosi In Bed With Government-Subsidized Eco-Boondoggle

August 13, 2008

Nancy Pelosi and demagoguing Democrats routinely demonize Republicans as being “in bed with big oil.” As recently as Aug 3, Pelosi was labeling Republicans as “handmaidens of the oil companies.”

The very worst thing you can do to liberals is to apply their own standards back to them. Because that’s when everyone gets to see what hypocrites these people truly are.

Nancy Pelosi turns out to be the “house madam of the government-subsidized eco-boondoggle.”

An investigation of her 2007 Schedule 3 Tax Filing reveals that Pelosi – who is in a unique position to drive legislation – has invested a couple hundred grand in an outfit that stands to benefit to the tune of $10 billion in government subsidies. Her investment has already increased 300% on the speculation.

As Michelle Malkin broadcasted:

dontgo reports that according to disclosure statements, “in May 2007 she invested in T. Boone Picken’s clean energy fuels corp., CLNE, which is the sole sponsor of a proposal in California to funnel $5 billion in state funds and $5 billion in Federal funs to this corporation which will indirectly help them create a giant wind farm in the Texas panhandle.”

How’s that for “being in bed” with special interests?

This hasn’t made it into mainstream news coverage yet, because, as usual with stories that harm Democrats, the media is dragging its feet. They’ll grudgingly and unfairly cover it when enough bloggers stir up the stink enough so that they have no choice but to cover it.

These liberal hypocrites decry profit as an evil word, and routinely demonize anyone who invests in oil. But who the hell are they to talk? There isn’t an industry on the planet that is as heavily subsidized as “green energy.” It’s green because it sucks up so much special interest pork money. (It doesn’t produce a whole lot of energy, but it sure sucks up a lot of money).

As usual, Democrats would probably be ashamed about the log in their eye if they weren’t so busy pointing out the speck in the eyes of Republicans.

Some other links to this story:




There oughta be a law against politicians being allowed to profit from any project that comes up in any legislation. But since there never will be, we can expect Nancy Pelosi and her ilk to keep drinking deeply out of the pig trough of government money.

When stock brokers and investors benefit from their inner knowledge of pending developments to personally profit, it’s called “insider trading” and they go to jail.  When Nancy Pelosi does the same exact thing?  Apparently it’s called “a commonsense plan.”