Joe Biden is promoting an energy company called Proterra as he tries to sell the country on his infrastructure package.
Would you be surprised to learn that Biden’s energy secretary Jennifer Granholm is heavily invested in Proterra?
There’s a term for this. It’s called crony capitalism.
The Washington Free Beacon reports:
Biden to Showcase Business Tied to Energy Sec Granholm
Energy Secretary Jennifer Granholm owns up to $5 million in the electric battery and vehicle manufacturer President Joe Biden will promote on Tuesday as part of his push for a $1.9 trillion infrastructure bill.
Biden’s virtual visit to the electric battery producer Proterra comes days after Vice President Kamala Harris paid a visit to Thomas Built Buses, a North Carolina-based school bus company that counts Proterra as its main supplier of electric vehicles. The back-to-back White House visits to Granholm-connected companies risk at least the appearance of impropriety and demonstrate how lawmakers can use policy initiatives to pad their own wallets.
Biden’s infrastructure package includes a $174 billion investment in the electric vehicle market, calls for the replacement of “50,000 diesel transit vehicles” in favor of electric alternatives, and creates a Clean Buses for Kids program that will “electrify at least 20 percent of our yellow school bus fleet.”
Granholm has taken a leading role in the administration’s forthcoming infrastructure package. The president in February tasked her with “identifying risks in the supply chain for high-capacity batteries, including electric-vehicle batteries, and policy recommendations to address these risks.”
Doesn’t this count as a conflict of interests?
THREAD:
SCOOP from me and @CAndersonMO in @FreeBeacon
Today, @POTUS is virtually visiting *one company* to tout his $1.9 trillion infrastructure plan: @Proterra_Inc
His @ENERGY sec, @SecGranholm owns up to $5 million in Proterra stock optionshttps://t.co/nDp4aBIGEt
(1/4)
— Matthew Foldi (@MatthewFoldi) April 20, 2021
YESTERDAY, @VP @KamalaHarris visited *another* Proterra-connected company: @ThomasBuiltBus, which counts Proterra as a partner
Consecutive visits to Granholm-connected companies demonstrate how lawmakers can use admin policies to pad their pocketshttps://t.co/nDp4aBr5MV
(2/4)
— Matthew Foldi (@MatthewFoldi) April 20, 2021
Granholm spent 5 years on Proterra’s board. On 1/16 she promised to “avoid any actual or apparent conflict of interest in the event that I am confirmed”
She also pledged to sell her stocks which Biden’s White House confirmed to us she has not donehttps://t.co/nDp4aBr5MV
(3/4)
— Matthew Foldi (@MatthewFoldi) April 20, 2021
Biden placed Granholm in charge of “identifying risks in the supply chain for high-capacity batteries, including electric-vehicle batteries, and policy recommendations to address these risks.”
A key Proterra product? Electric-vehicle batterieshttps://t.co/nDp4aBr5MV
(4/4)
— Matthew Foldi (@MatthewFoldi) April 20, 2021
Will the liberal media cover this? Would they if it was Trump?
You know they would.
Cross posted from American Lookout.
Everything is 10% to the big guy! Raise your taxes=10% to the big guy! Sell America to China=10% to the big guy!
This is brought to you by the biden crime family.
This is an outrage and should be investigated. Everyone associated with this impropriety needs to be brought to justice and have the book thrown at them! This even includes Obiden and Heels!!!
Ha! Who’s gonna investigate it? They are at the top of the food chain. The only one’s with the authority to investigate them is THEIR Department of Justice or THEIR senate!
Translation. Enjoy your bicycles comrade peasants.
Why be in government or politics? How do you expect them to become rich? If it’s ok for the Bidens, why not everybody. Insider trading, cronyism, and insider trading are simply tools of the trade for aspiring I’m above the law and ethics don’t count representatives. Maybe Biden should have picked Greta for this spot. She’s slowly getting rich on her own. It’s like the old truism “you have to pick a pocket or two” which must be the tune you hear being hummed all over Washington and regrettably all over the country. Taxpayers may have to start singing a little bit louder, “oh please please bring back my money to me”. And don’t try calling 911 to report a robbery!
Nothing new. And also nothing compared to what he did for his spoiled, unskilled son Hunter!
(What are parents thinking when they name a baby “Hunter”?) Sure, conflict of interest in government is illegal as hell – unless it’s a demoncrat doing it!
Remember the Government backed solar companies that failed costing the tax payers a pretty penny. Remember that they had ties to the Democrats in power as well. Why does it seem Democrat backers always find excellent returns for campaign donations?
The CO2 caused “global warming” issue is a fraud and you can prove it for yourself if you go to the “Science Frauds” and click on “CO2 Is Innocent” which is a paper with all the physics and chemistry involved written for non-science trained. Or request a PDF file of the paper from “adrianvance” at yahoo.com I would put the link here, but P&P Gestapo would stomp on this post. I offer proof, not “peer review” which is always political and bought off by our government with over $1 trillion in tax money to control us. I have, and offer proof for a few Dollars as you should know.
I have been wondering when carbon dioxide CO2 became a bad thing? We exhale it with every breath as does every animal on this planet. It is required by plants which use it with photosynthesis to create oxygen.
No one has listed the byproducts of electric vehicles. It will increase the drain on our strained power grids to nightly recharge the batteries of these vehicles. It will require rapid charge stations for each parking spot at every hotel, diner, rest stop to put on a quick charge up for the next 1-200 miles.
It will enforce driver downtime for truckers while awaiting the batteries on their rigs to recharge guess that is a good point. What is done with the old batteries? These currently contain toxic materials and don’t last forever. What about batteries damaged in auto accidents?
Anyone remember the push to florescent lights to save energy in the 60’s and 70’s or the florescent bulbs in past 10 years we were supposed to swap out to? Filled with mercury and if you followed the instructions on those, if it broke was to be listed as a hazard waste incident.
Point being, every hot fix they have come up with in past 50 years, whether for Global warming, next ice age, climate change since couldn’t decide which way it was going, has been a boondoggle creating more issues and hazards costing more to repair than they were supposed to correct.
For a fee anything can be arranged! Seems like this has happened before.
and the energy secretary has a lot of stock in proterra. WHAT A SURPRISE? i see more Solyndra scandal /SCAM down the road .enjoy your bicycles dirty little PEASANTS.
So will she be giving Xi-Jinbiden, AKA the “Big Guy”, 10% of her cash windfall? Or will she just let him stroke her hair and sniff her, as she lays down and spreads?
We do not have a real President we have a puppet on a string. Also THE CHINA BIDEN VIRES KILLS
Crony capitalism or in other words “POLITICAL CORRUPTION!” This is exactly why so many of the younger generation is favoring Socialism as it is supposedly going to “level” economic positions!!! LOL LOL LOL LOL LOL!!!!!!!