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http://www.youtube.com/watch?v=77zYUEHIHIo

This video is about the case of Pennsylvania Democratic congressman Paul Kanjorski, who earmarked millions of taxpayer dollars for a company run by his family.

In a startling interview, Joe Yudichak, who ran the non-profit Regional Equipment Center in Kanjorski's district, says the congressman initially tried to bully him into helping Kanjorski direct the money to Kanjorski's family members. In the documentary, Yudichak recounts his conversation with Kanjorski: "He said, 'You're telling me I can't take care of my family?' He said, 'Well, I'm telling you, it's gonna be done. And it's gonna be done with you or without you.' And he said, 'I'll bury you. I'll destroy you.'"

Kanjorski later earmarked more than $10 million directly to the company run by his family. The money was supposed to fund the development of new technologies to help turn around desperate coal towns and make them prosperous.

The company, Cornerstone Technologies, went bankrupt.

Harold Shobert, head of Pennsylvania State University's Energy Institute, and a leading expert on anthracite coal, worked with Cornerstone on one project. Shobert said "It was clear that these guys were clueless as to how to do research and development," "It was sort of like trying to collaborate with the cast of Looney Tunes."

Kanjorski and his family declined repeated interview requests

1 posted on 09/16/2011 11:37:03 AM PDT by digger48
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To: digger48

http://www.youtube.com/watch?v=77zYUEHIHIo


2 posted on 09/16/2011 11:37:30 AM PDT by digger48
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To: digger48

Oh oh. There’s another 400 million in the toilet.


3 posted on 09/16/2011 11:38:17 AM PDT by FlingWingFlyer (Hey Mexico! Your poverty isn't America's problem.)
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To: digger48

4 posted on 09/16/2011 11:40:11 AM PDT by pabianice (")
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To: digger48

This is looking to be the most corrupt administration in history.


5 posted on 09/16/2011 11:42:08 AM PDT by Signalman
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To: digger48

What is a Federal Loan Guarantee?

Is that like when I co-signed my stupid brothers car loan and ended up paying for it?


6 posted on 09/16/2011 11:42:48 AM PDT by Mr. K (Palin/Bachman 2012- unbeatable ticket~!!!)
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To: digger48

Even Bush gave this guy money!

http://www.freerepublic.com/focus/news/1993700/posts

Kanjo’s nephew gets grant (another attempt to scam the govt by US Rep’s family?)

One of the principals in the failed Cornerstone Technologies LLC, a company that promised to create jobs while receiving more than $9 million in federal funds, has re-emerged at a start-up company in Colorado.

Russell Kanjorski, the nephew of U.S. Rep. Paul E. Kanjorski, D-Nanticoke, is the strategic planning director for AVA Solar Inc. The Fort Collins, Colo.,-based company has secured a $3 million federal grant and promises to employ up to 500 people next year.

Russell Kanjorski was a featured speaker at an alternative energy symposium March 13 at Colorado State University in Fort Collins. He spoke about the company’s technology and goal to mass produce a low cost solar panel based on production technology that’s an offshoot of Colorado State University research.

The solar-panel company received a $3 million grant from the U.S. Department of Energy’s Solar America Initiative and has the support of local economic development leaders and the university.


8 posted on 09/16/2011 11:44:52 AM PDT by digger48
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To: digger48
Venture capital is a very difficult business and the government hasn't got an effin clue. I wouldn't be surprise if all their investments don't belly up.

Too bad the Obama's job bill doesn't include a huge expansion of Leavenworth. After 2012, there'll be a flood of new arrivals.

12 posted on 09/16/2011 12:15:41 PM PDT by RoosterRedux
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To: digger48

bump


13 posted on 09/16/2011 3:29:24 PM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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To: digger48; All

Abound is probably the next Solyndra. They’re up the street from me and the last thing I heard, they were trying to talk the city council of their home town, Fort Collins, into buying and installing a whole bunch of their uneconomical panels and then upping the electricity rates for all Fort Collins utility users by 1% to pay for this boondoggle. You know, for the greenness of it all! And for only 1% more paid by everyone! Oh joy!

BTW, I don’t know if the Fort Collins city council fell for this monorail, uh, I mean solar panel, scam. Wouldn’t surprise me if they did. At any rate, pretty pathetic marketing by Abound if the best they can do is hit up their home down to buy some of their shitty product because no one else will and they can’t think of anyone else to try and trick into buying some.


14 posted on 09/16/2011 3:48:42 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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