“The stimulus has shown to be a payout to special interests and family members; it’s not focused on jobs,” adding that the Carnahans are a prime example.
By Amanda Carey – The Daily Caller
Earlier this month, the White House released a report entitled, “100 Recovery Act Projects that are Changing America.” Number 18 on the list is Lost Creek Wind Farm in DeKalb County, Missouri, which received a $107 million grant from the Department of Energy. And it just so happens that Lost Creek was founded by Tom Carnahan – Russ’ brother.
But if the Carnahans have their way, the stimulus package won’t be the only government bailout Lost Creek will get. Both brothers are on record advocating a first-ever national Renewable Energy Standards (RES) bill that is currently working its way through the Senate.
But if the standards that have been implemented in California and Massachusetts are put in place for the entire nation, the only long-term result will be the loss of manufacturing jobs to companies overseas.
Of course, it’s always worth pointing out that GE has a huge financial stake in the success of weaning the country off fossil fuels. Jeffrey Immelt, CEO of GE, even wields significant influence through his position on Obama’s Economic Advisory Board.
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