Dem fixer--biden's "climate czar"--secretly met with CEO of EV maker wanting taxpayer money

In September of last year biden appointed long-time Democrat fixer John Podesta--Hilliary's campaign manager back in 2016--to head the biden/garland regime's "Office of Clean Energy Innovation."  Podesta's main task was to award $350 BILLION in taxpayer funds in loans and grants for so-called "green energy" projects.

Turns out White House logs show that way back in June, Podesta quietly met with the CEO and top execs of an electric vehicle maker called Rivian that relies heavily on taxpayer handouts and has lost well over ten billion dollars.

Surprisingly, since the White House and the Media love EVs, that meeting was never reported, and neither the biden regime nor the company responded to questions about it.  That tells you everything you need to know.

To understand what's up, consider that biden's and the Dems' much-touted bullshit LAW jokingly called the Inflation Reduction Act gave the regime $350 BILLION to fund so-called "green energy" projects.  And the guy who solely decides which companies will get those billions is...Podesta.  Which explains why Rivian and other failing green energy companies are eager to meet with him.  Gotta get their nose in the pipeline.

The scheme of "loaning" billions to Democrat party supporters was perfected by the nation's first black preznit--Hussein Obozo--who directed his department of "energy" to loan a few billion dollars to so-called "green energy companies."  In most cases those companies promptly went bankrupt.  In one case (Solyndra), days after the company got a half-BILLION-dollar "loan guarantee" from the Obozo regime, its execs gave themselves huge bonuses and a week later declared bankruptcy!  

And the Media shrugged.  "Nuffin' to see here, rubes!  All perfectly legal!"

Of course the Democrats know not a single American remembers any of that, so they're free to start the same scam again.  And have.

The Media will slobber over the massive grants and "loans" awarded by Podesta, assuring voters that they're "an investment in saving the planet from Global Warming," and Dem voters will swoon.  But in fact the loans and grants are just another example of corrupt government paying off people who fund their campaigns.

The Department of Energy's own Inspector General warned that the billions of dollars the IRA authorized to be spent on grants and loans for "green energy" projects was ripe for abuse.  She described it as "creating an unprecedented risk."

So is Rivian a great company to pour taxpayer dollars into?  The company was founded in 2009 and has not only never made a profit, it's lost billions:  An even billion in 2020, then went public in 2021.  Sucked up billions in the IPO and that year lost another $4.7 Billion.  Last year it lost a staggering $6.8 Billion.

The company's stock has dropped over 87% since its initial public offering in late 2021.  But it's really a great place to put taxpayer dollars, right?

While the company has yet to make a profit, it's gotten *very* good at raking in government subsidies from both the feds and states, including a $49 million tax credit from Illinois to build a factory estimated to create 1,000 jobs over 10 years (a cost of $49,000 per job!).  In 2021 moronic Georgia rulers gave the company an "incentive package" that could reach as high as $1.5 billion to build a plant in the state.

And of course all EV makers benefit from the absurd $7,500 government payment to everyone who buys a "qualified" electric vehicle.  Of course that's really using tax dollars from all Americans to subsidize EV makers.  But of course you knew that, right?

biden has often touted EV companies such as Rivian and "Proterra," which made electric buses.  biden said Proterra "really impressed me."  And with that endorsement, the company filed for bankruptcy in August.  But biden was "impressed," eh?  Keen.

So to review:  Democrats pass a LAW that orders the regime to hand out $350 BILLION in grants and loans for "green energy."  The decision on who gets those billions is given to a long-time Democrat fixer.  What could possibly go wrong, eh? 

You're being ruled by utterly corrupt, cunning rat-bastards. 

Source. 

https://www.foxnews.com/politics/biden-climate-czar-quietly-met-flailing-ev-company-dependent-taxpayer-handouts