DONALD DOUGLAS/AMERICAN POWER:
'The President's Utility' — Chicago Energy Behemoth Exelon Corporation Scored $200 Million in Stimulus Funds, and Holder's Justice Dept. Approved Exelon's $7.9 Billion Utility Merger With Constellation Energy of Maryland
I'm surprised this piece is even running at the New York Times. It's fallingway outside of the approved narrative.
See, "Ties to Obama Aided in Access for Big Utility":
Early in the Obama administration, a lobbyist for the Illinois-based energy producer Exelon Corporation proudly called it “the president’s utility.” And it was not just because it delivers power to Barack Obama’s Hyde Park neighborhood in Chicago.
Exelon’s top executives were early and frequent supporters of Mr. Obama as he rose from the Illinois State Senate to the White House. John W. Rogers Jr., a friend of the president’s and one of his top fund-raisers, is an Exelon board member.
David Axelrod, Mr. Obama’s longtime political strategist, once worked as an Exelon consultant, and Rahm Emanuel, the Chicago mayor and Mr. Obama’s former chief of staff, helped create the company through a corporate merger in 2000 while working as an investment banker.DONALD HAS MORE - CLICK HERE FOR MORE.
With energy an increasingly pivotal issue for the Obama White House, a review of Exelon’s relationship with the administration shows how familiarity has helped foster access at the upper reaches of government and how, in some cases, the outcome has been favorable for Exelon.
White House records show that Exelon executives were able to secure an unusually large number of meetings with top administration officials at key moments in the consideration of environmental regulations that have been drafted in a way that hurt Exelon’s competitors, but curb the high cost of compliance for Exelon and its industry allies.
In addition, Exelon, which provides power to more than 6.6 million customers in at least 16 states and the District of Columbia, was chosen as one of only six electric utilities nationwide for the maximum $200 million stimulus grant from the Energy Department. And when the Treasury Department granted loans for renewable energy projects, Exelon landed a commitment for up to $646 million allowing it, on extremely generous financial terms, to finance one of the world’s largest photovoltaic solar projects.
Exelon’s seemingly easy access to top administration officials has hardly gone unnoticed among competitors.
“I would like to get some treatment in Washington like that,” said Ken Anderson, general manager at Tri-State G&T, a Colorado-based power supplier that has been at odds with Exelon over environmental regulations. “But Exelon seems to get deference that I can’t get.”
HMMMMMMMMMMMMMM...
WHY DOES EXELON GET SUCH FAVORED TREATMENT?
TOM AYERS - WEATHERMAN BILL'S FATHER - IS WHY.
LEROY JETHRO GIBBS:
Rule #39: There is no such thing as coincidence.[15]Tom Ayers - Bill's daddy - built Exelon, formerly ComEd.
Wiki -
Thomas G. Ayers (February 16, 1915, Detroit, Michigan – June 8, 2007, Chicago, Illinois) was president (1964–1980), CEO and chairman (1973–1980) of Commonwealth Edison.[1]Wiki:
Commonwealth Edison (commonly known as ComEd) is the largest electric utility in Illinois, serving the Chicago and Northern Illinois area. The service territory roughly borders in Iroquois County to the south, the Wisconsin border to the north, the Iowa border to the west, and the Indiana border to the east.
For more than 100 years, Commonwealth Edison has been the primary electric delivery services company for Northern Illinois.
Today, ComEd is a unit of Chicago-based Exelon Corporation (NYSE: EXC), one of the nation's largest electric and gas utility holding companies. ComEd provides electric service to more than 3.7 million customers across Northern Illinois.FROM THE THREAD AT DD'S AP:
copper • 4 hours ago −
And, if you go back further enough.
The same law group that Obama first worked for in Chicago was the outside counsel for Commonwealth Edison for many, many years.
The former president of the Illinois Senate, Emil Jones, was backed by Commonwealth Edison and became a part of Obama's administration for awhile.
Tom Ayres was on the Board of the Erikson Institute which was co-founded by Barbara Taylor who is the mother of Valerie Jarrett, confidante and fellow "traveler" of Obama .
Oh, and, just for the heck of it, Bernadine Dohrn, domestic terrorist, co-founder of the Weathermen and convicted felon along with her domestic terrorist husband Bill Ayres were also on the Erikson Board at one time or another.AND WHO IS OBAMA'S EARLIEST CONNECTION TO ERICKSON AND JARRETT AND THE AYERS?
Rule #39: There is no such thing as coincidence.[15]Especially when so many things coincide.
OBAMA LITERALLY AND FIGURATIVELY PERSONIFIES THE CONFLUENCE OF
- THE RICH URBAN RADICAL CHIC AND MARXIST ELITE,
- THE ALINSKYITE AGITATORS,
- AND THE CHICAGO MACHINE.
IT'S WHO OBAMA IS, WHAT OBAMA STANDS FOR, HOW OBAMA BECAME PRESIDENT - AND HOW OBAMA HAS GOVERNED.
IT'S WHO OBAMA IS, WHAT OBAMA STANDS FOR, HOW OBAMA BECAME PRESIDENT - AND HOW OBAMA HAS GOVERNED.
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