posted on Apr, 28 2014 @ 07:52 PM
John Birch Society. I should have just stopped reading when I saw the ad for their propaganda DVD.
In 2002, Reid put $10,000 into an investment fund of another good friend, Clair Haycock. The fund bought some land in Bullhead City, Arizona,
for which, according to the Los Angeles Times, it paid just 10 percent of its estimated value. Reid sponsored an $18-million earmark for a bridge that
would — again, conveniently — connect Bullhead City with Laughlin, Nevada, greatly increasing the value of his land. Reid now carries that
investment on his financial statement as worth between $250,000 and $500,000
I've been on that bridge several times while vacationing in Laughlin with my wife. The airport is in Bullhead City — on the other side of Colorado
river where most of the people who work in Laughlin actually live.
He’s also used his insider knowledge to great personal benefit. In 2005, he invested between $50,000 and $100,000 in the Dow Jones U.S.
Energy Sector Fund, paying $29 a share. Three years later he sold out at $42 a share. Two months later, according to O’Neal, Reid supported
legislation that would cost energy companies millions in new taxes and regulatory fees. The fund dropped to half its value, but by then Reid was long
I'm sure that really pissed Charles Koch and the John Birch Society off.
The corruption isn’t limited to Reid himself, either. While running for governor in 2010, Son Rory “obscured” the source of some $900,000
in campaign donations through the use of shell companies, costing him $25,000 in fines. Senior Reid was reportedly surprised to learn about his
son’s corruption in the papers, while Rory himself “pulled a Reid” by claiming that his illegal behavior was not intentional but instead was
meant to point out that the system “was unclear” in many ways, and that he just got confused about what he could get away with and what he
Guess he should have pulled a "Ron Paul," paid the fines and said he was doing it in the name of protecting the rights of donors.
Reid has been one of [ENN’s] most prominent advocates, helping recruit the company during a 2011 trip to China and applying his political muscle on
behalf of the project in Nevada. His son, a lawyer with a prominent Las Vegas firm that is representing ENN, helped it locate a 9,000-acre desert site
that it is buying well below appraised value from Clark County, where Rory Reid formerly chaired the county commission.
“Well below appraised value” is a considerable understatement. The deal Rory Reid put together for the firm his dad brought to town saw ENN
purchase the site for just $4.5 million — a mere fraction of separate appraisals that valued the property at $29.6 million and $38.6 million. Even
with all of that, however, the project has failed to move forward as rapidly as Harry and Rory Reid would like — for the simple reason that there is
currently no market in Nevada for the green energy ENN claims it could produce….
I would actually like to hear more about this. $25 million dollars sounds like a whole lot of subsidizing. I mean if we're going to sell land for
cheap for somebody to make a profit, there's Cliven Bundy! Oh I'm sorry, he wants to pay $0 and employ a handful of people.
Of course there's no market for green energy.. of course. Well if that's the case, let me high five Harry Reid for scamming ENN out of $4.5
I actually wouldn't be surprised if Harry Reid has done some slimy sh*t but constantly tossing out garbage like this and pretending it's damning new
information is a joke and it doesn't yield any result beyond propagandizing for the JBS, Koch Bros, etc.
"New Probe Confirms" is an outright lie. It should have read, "Article on RealClearPolitics.com comments about Harry Reid's rise in stature and
wealth." It's also worth mentioning that the RCP article has corrections that are omitted from the NewbAmerican article.
The seemingly Teflon senior senator from Nevada, Senate Majority Leader Harry Reid, has been forced to respond to charges made in a two-part
investigation into his dealings published last week at RealClearPolitics
Article in RCP which is a much more respectable outfit than the NewbAmerican source has a much less inflammatory title, "Harry Reid's Long, Steady
Accretion of Power & Wealth."
Here's the editor's note at the top:
Editor’s Note: RealClearPolitics neglected to seek comment or input from Senate Majority Leader Harry Reid’s office while preparing a story
published Thursday on the senator’s rise from modest circumstances in Nevada to a place of power and affluence in the nation’s capital. The text
has been amended with the correction of a factual error and includes responses throughout the piece from Sen. Reid’s communications director, Adam
Jentleson. Those passages appear in italics.r
"forced to respond"
edit on 2014-4-28 by theantediluvian because: (no reason given)