Nothing to see here: Bill Richardson and the Import/Export Bank

by Datechguy | January 8th, 2013

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Nothing to see here: Bill Richardson and the Import/Export Bank

Noth­ing to see here

The Naked gun 1988

Some inter­est­ing things going on at the US Import/​Export Bank:

The Ex-​Im first made a $78.6 mil­lion direct loan in Decem­ber 2012 to Aben­goa, the Seville, Spain-​based firm that spe­cial­izes in green tech­nolo­gies, then approved a sec­ond loan worth $73.6 mil­lion Agengoa’s Palmatir S.A., wind farm in Cuchilla de Per­alta, Uruguay.Ex-Im pres­i­dent Fred Hochberg said the loans will sup­port “approx­i­mately 510 Amer­i­can jobs.”

Loan­ing out $298,431.37 of tax­payer backed money per “Amer­i­can Job sup­ported” is odd, loan­ing over 150 Mil­lion of tax­payer backed money to green com­pa­nies after the fiasco of green com­pa­nies drop­ping left and right in the US these loans is odder.

But what doesn’t seem odd to me is this:

For­mer Demo­c­ra­tic New Mex­ico Gov. Bill Richard­son sits on both the Aben­goa Inter­na­tional Advi­sory Board and is cur­rently listed on the Ex-​Im bank’s web­site as a mem­ber of the advi­sory com­mit­tee that helps guide bank policy.

The idea of insid­ers get­ting insider mak­ing insider deals with tax­payer money, that’s not odd, that’s busi­ness as usual.

What is odd is that a for­mer Pres­i­den­tial can­di­date and promi­nent gov­er­nor being on both sides of tax­payer backed loans to for­eign gov­ern­ments is a story that is news­wor­thy to the Wash­ing­ton Free Bea­con and the Wash­ing­ton Exam­iner but pro­duces no results when you do a search of the New York Times for “Bill Richard­son”.

Then again con­sid­er­ing that for­mer pres­i­den­tial can­di­date and gov­er­nor has a “D” next to his party affil­i­a­tion maybe the dis­in­ter­est of the MSM isn’t that odd after all.

Noth­ing to see here, move along.

Nothing to see here

The Naked gun 1988

Some interesting things going on at the US Import/Export Bank:

The Ex-Im first made a $78.6 million direct loan in December 2012 to Abengoa, the Seville, Spain-based firm that specializes in green technologies, then approved a second loan worth $73.6 million Agengoa’s Palmatir S.A., wind farm in Cuchilla de Peralta, Uruguay.Ex-Im president Fred Hochberg said the loans will support “approximately 510 American jobs.”

Loaning out $298,431.37 of taxpayer backed money per “American Job supported” is odd, loaning over 150 Million of taxpayer backed money to green companies after the fiasco of green companies dropping left and right in the US these loans is odder.

But what doesn’t seem odd to me is this:

Former Democratic New Mexico Gov. Bill Richardson sits on both the Abengoa International Advisory Board and is currently listed on the Ex-Im bank’s website as a member of the advisory committee that helps guide bank policy.

The idea of insiders getting insider making insider deals with taxpayer money, that’s not odd, that’s business as usual.

What is odd is that a former Presidential candidate and prominent governor being on both sides of taxpayer backed loans to foreign governments is a story that is newsworthy to the Washington Free Beacon and the Washington Examiner but produces no results when you do a search of the New York Times for “Bill Richardson”.

Then again considering that former presidential candidate and governor has a “D” next to his party affiliation maybe the disinterest of the MSM isn’t that odd after all.

Nothing to see here, move along.

DaTechGuy on DaRadio Saturday Noon EST. WBNW AM 1120 Concord WPLM 1390 Plymouth WESO 970 Southbridge, FTR Radio, the 405 Media

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