Sickeningly familiar … Solyndra, Sun Power, the Chicago Way ….
Business Insider reports:
Coming on the heels of the Solyndra debacle, the Obama administration has just approved a $168.9 million loan guarantee for the Granite Reliable wind farm project owned by Brookfield Asset Management (BAM).
Among its many holdings BAM owns Brookfield Renewable Power, which owns the Granite Reliable and it also owns Brookfield Office Properties, whose holdings include the now famous Zuccotti Park.
The Department of Energy finalized the loan guarantee less than a week after Occupy Wall Street protesters took to Zuccotti Park, and with the Obama administration’s Tuesday endorsement of the protests, rumors are starting to circulate that this could be the reason Brookfield is allowing protesters to remain on its property.
The Granite Reliable Power Project under construction in Coos Bay, New Hampshire is the state’s largest wind farm and the New Hampshire Union Leader questions why Brookfield would need federal subsidies at all, particularly following the bankruptcy of Solyndra.
Mayor Bloomberg’s announcement Monday that protesters could remain as long as they liked, also raised a few eyebrows and it turns out he has a personal connection to Brookfield as well. The mayor’s longtime domestic partner Diana Taylor is on the Board of Directors at Brookfield Properties along with John E. Zuccotti himself.
Read more: http://www.businessinsider.com/occupy-wall-street-brookfield-properties-zuccotti-park-loan-guarantee-2011-10#ixzz1b82yJOcK
What separates this administration from the worst of those that came before is not transparency, a new political morality, hope or change,
IT
IS
ARROGANCE
INEXPERIENCE
SEPARATENESS
The Obama administration exists in a moral apartheid from the 99%
2 comments:
"••• “Brookfield Office Properties Inc., the reluctant host to the growing Occupy Wall Street protests in Zuccotti Park, is doubling down on Lower Manhattan by expanding its stake in the World Financial Center, the onetime headquarters of Merrill Lynch & Co. Brookfield is in a deal with Bank of America Corp. to buy the financial firm’s 49% stake in 4 World Financial Center, making Brookfield the tower’s full owner, according to people familiar with the matter."•••”
via WSJ
Brookfield sounds like a company who can take care of themselves. Why the hell are they getting government money?
What a fucking joke Obama is. He is Chavez.
Post a Comment