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   alt.crime      Exploring the darker side of society      1,021 messages   

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   Message 398 of 1,021   
   Tim Smith <"Tim to zinn   
   Re: All in the Family: Biden Admin Loans   
   19 Aug 22 13:36:51   
   
   XPost: alt.law-enforcement, talk.politics.guns, alt.fan.rush-limbaugh   
   XPost: alt.politics.org.fbi, sac.politics, alt.gm   
   From: Smith"@fakeemails.org   
      
   On 2022-08-19, zinn  wrote:   
   > The Biden administration is loaning billions of dollars to General Motors   
   > to make electric car batteries after months of lobbying from a top Biden   
   > adviser's brother.   
   >   
   > The Department of Energy announced it will lend $2.5 billion to the auto   
   > giant to manufacture lithium-ion batteries for electric cars, part of   
   > President Biden's goal to make the U.S. auto fleet 50 percent electric by   
   > the end of the decade. The loan is the latest Biden-era windfall for   
   > General Motors, which over the past year has paid Beltway lobbyist Jeff   
   > Ricchetti nearly $350,000 to lobby the government on federal subsidies for   
   > electric vehicles and charging stations. Ricchetti is the younger brother   
   > and former lobbying partner of White House adviser Steve Ricchetti. The   
   > longtime Biden aide, who lobbied for GM until 2008, has been directly   
   > involved in discussions with Congress about funding for electric vehicles   
   > and charging stations.   
   >   
   > The Ricchetti relationship has long raised ethics concerns in Washington.   
   > White House ethics lawyers forced Steve Ricchetti to recuse himself from   
   > matters involving four of his brother's clients, though not GM. The   
   > Washington Post reported last year that Ricchetti's work on issues related   
   > to GM undercut Biden's pledge to "restore ethics in government."   
   >   
   > The loan to GM is the first the Department of Energy has made since 2010   
   > under its Advanced Technology Vehicles Manufacturing Loan Program. The   
   > controversial initiative has been marred by a series of ill-advised loans,   
   > including $530 million to Fisker Automotive, a now-defunct hybrid car   
   > maker, and $50 million to a van company linked to a prominent Obama donor.   
   >   
   > GM has enjoyed extensive access to the Biden administration. Biden in   
   > November visited a GM plant and in January praised the company for   
   > announcing plans to build a $7 billion battery manufacturing plant, the   
   > same facility now slated to receive the Department of Energy loan. The   
   > head of GM's public policy unit and its general counsel in March met at   
   > the White House with Steve Ricchetti, the Washington Free Beacon reported.   
   >   
   > Jeff Ricchetti's firm and the White House did not respond to requests for   
   > comment. The brothers have previously denied that they discuss matters   
   > involving Jeff's lobbying clients.   
   >   
   > Published under: Biden Administration, Corruption, Department of Energy,   
   > General Motors, Jeff Ricchetti, Steve Ricchetti   
   >   
   > https://freebeacon.com/biden-administration/all-in-the-family-biden-admin-   
   > loans-billions-to-company-repped-by-top-aides-lobbyist-brother/   
      
   Well at least it isn't China this time.   
      
      
   --   
   Tim Smith   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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