Obama Administration's Ties to Nuclear?
The selection of Graham and Reilly would be just another anomaly if it weren't for all the clear ties the Obama Administration has to the nuclear energy industry.
On January 24th, 2010, Judy Pasternak published an investigative news story on nuclear energy's lobbying pus h. Pasternak reported, "The Obama administration may soon guarantee as much as $18.5 billion in loans to build new nuclear reactors to generate electricity, and Congress is considering whether to add billions more to support an expansion of nuclear power."
Pasternak detailed, specifically, nuclear power's ties to the Obama Administration:
The industry is plugged in on its own at the White House through labor groups and Exelon. Exelon CEO John W. Rowe is NEI's past chairman and a current director.
"The company, based in the president's home state of Illinois, has funded Obama campaigns since his Senate run, when employees contributed more than $48,000, according to CQ Moneyline, and Exelon's political action committee gave the maximum of $10,000. Exelon employees gave Obama nearly $210,000 for his presidential campaign, according to CQ Moneyline.Exelon's management includes two Obama bundlers who are friends of the president. One, director John W. Rogers, helped direct Obama's Illinois fundraising during his presidential race and helped plan the inauguration. The other, Frank M. Clark, has lobbied on nuclear issues for the company.
White House Chief of Staff Rahm Emanuel is close to Exelon, too. The merger that created the utility was the biggest deal of Emanuel's brief but lucrative investment-banking career. Another White House connection is strategist David Axelrod, whom Exelon subsidiary ComEd once hired to create a fake grass-roots organization supporting higher electricity rates."
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