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Issa lobbied for same kinds of federal loans his committee is now investigating (The Hill)

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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-21-11 12:03 PM
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Issa lobbied for same kinds of federal loans his committee is now investigating (The Hill)


Rep. Issa lobbied for same kinds of federal loans his committee is now investigating
By Justin Sink - 09/21/11

Rep. Darrell Issa (R-Calif.) announced yesterday that his committee plans to investigate government loan programs to private corporations out of a concern that politicians might exert undue influence to help those who donated to their campaigns. But Issa had sought government loans in the past for similar clean-energy products in his home state.

Letters show Issa lobbying Energy Secretary Steven Chu to grant loans to a Aptera Motors, a California-based hybrid car company; a San Diego-area biofuels consortium; and Quallion, a lithium-ion battery manufacturer in Los Angeles.

In one letter, Issa writes: "Awarding this opportunity to Aptera Motors will greatly assist a leading developer of electric vehicles in my district. … A loan to Aptera will help accelerate the move from gasoline-powered vehicles to cleaner electric vehicles."

Issa also has been an outspoken supporter of federal loans to nuclear power companies.



more: http://thehill.com/blogs/blog-briefing-room/news/182925-issa-saught-energy-department-loans-committee-now-investigating
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-21-11 12:30 PM
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1. WAPO and Bloomberg have more:
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butterfly77 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-21-11 05:10 PM
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2. Kicked&Recommended..
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-21-11 05:13 PM
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3. kicked
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