Carahan brother gets $107 million windfall from 'stimulus'

Daily Caller:

Democratic Rep. Russ Carnahan of Missouri is a rank-and-file Democrat. According to OpenCongress.org, he has voted with the Democratic Party 99 percent of the time since he assumed office in 2005, and was among those who consistently espoused the merits of the 2009 stimulus package.

He has, in other words, been a good reliable Democrat for House Speaker Nancy Pelosi and President Obama. And it seems the obedience has not gone unnoticed.

Earlier this month, the White House released a report entitled, “100 Recovery Act Projects that are Changing America.” Number 18 on the list is Lost Creek Wind Farm in DeKalb County, Missouri, which received a $107 million grant from the Department of Energy. And it just so happens that Lost Creek was founded by Tom Carnahan – Russ’ brother.

But Tom’s history associated with the war against fossil fuels and the world of renewable energy is a short one, beginning in 2005 — the same year his brother entered Congress — when he quit his law practice to start Wind Capital Group LLC to develop wind energy in Missouri. At first, business wasn’t so great, and the Lost Creek project was put on hold. That is, until the American Recovery and Reinvestment Act was passed, and along with it, the establishment of the Department of Energy’s loan guarantee program.

That loan guarantee program, it turns out, has since buttered Tom Carnahan’s bread very nicely.

He even admitted as much in a 2009 interview when he said, “We never really liked to say it out loud…A few months ago, the banks were closed…The stimulus changed everything.”

Ed Martin, a Republican who is challenging Carnahan in November to represent Missouri’s third district, told the The Daily Caller that, “The stimulus has shown to be a payout to special interests and family members; it’s not focused on jobs,” adding that the Carnahans are a prime example.

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There is more.

Apparently this deal was not enough because an new bill working its way through Congress will provide even more to the project for inefficient energy. It is a mandate that requires utility companies to use 15 percent "renewable" energy. It is like a self licking ice cream cone where the government provides the financing for inefficient energy and then requires others to buy it at the higher rates.