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Corporation that owns Zuccotti "Protester" Park Wins $168 Million Loan Guarantee from Obama DOE!
Original Research ^ | Oct. 11, 2011 | chatteringclassof58/FightinJAG, ed.

Posted on 10/11/2011 2:51:57 AM PDT by fightinJAG

(This info was developed and originally posted by chatteringclassof58. The original post was deleted. This is an edited version of the material.)

Occupy Wall Street protesters have been camped out in and trashing Zuccotti Park for weeks. Zuccotti Park is a very nice private park, right in the middle of Manhattan.

Zuccotti Park is owned by Brookfield Office Properties, which is part of Brookfield Asset Management, worth at least $150 billion.

Brookfield Office Properties

Mayor Bloomberg has said he can do nothing about the protest unless the park owners (Brookfield Properties) ask the protesters to be evicted. Brookfield issued a statement that it was okay with them if the protesters stayed on their private property.

NYPD: Only Landlord Can Evict Occupy Wall Street Protesters From Zuccotti Park

That’s pretty nice of a big evil corporation to let protesters sleep, smoke weed and go number one and two on its nice private park in downtown Manhattan. Especially since the protesters are protesting big evil corporations. (But then again, President Obama expressed solidarity with the Occupy Wall Street protesters, Nancy Pelosi said “God Bless Them,” and Bill Ayers is writing their collective Occupy Wall Street demands. So someone loves them.)

Hmm. Wonder what that’s about.

Maybe Mayor Bloomberg has some inside track on what’s going on here? After all, Bloomberg’s longtime shack-up girlfriend, Diana L. Taylor, is on the Board of Directors of Brookfield Properties, the company that owns Zuccotti Park. (She’s also served as the CFO of the Long Island Power Authority.)

You can read about Ms. Taylor here:

Diana L. Taylor

Brookfield Office Properties Board of Directors, Diana L. Taylor

Zuccotti Park is named after John E. Zuccotti, a member of the Brookfield Properties board.

Profile of John E. Zuccotti

John Zuccotti was also a long-term member of the Board of Directors of WellPoint Health Network (also known as Blue Cross of California, Blue Cross of Georgia, Empire Blue Cross Blue Shield in New York, Blue Cross Blue Shield in Missouri and Wisconsin, HealthLink, and UNICARE.).

WellPoint Health Networks

President Obama used WellPoint as an example of the evils that would be exorcized by Obamacare. In fact, some argue that WellPoint, along with other large health insurers, willingly colluded with the Obama administration in order to save Obamacare from an otherwise certain political death.

How the Health Insurance Industry Saved Obamacare

Why?

When the dust settled and people were actually able to read Obamacare, turns out it favors WellPoint.

Forbes: Obamacare Favors WellPoint

A few years ago, Brookfield Properties became the largest client in a start-up lobbying firm called Oldaker, Biden & Belair. Yes, the same Hunter Biden who was on the Board of Amtrak while Daddy was pouring Fedgov money down that rathole.

Some of Brookfield's lobbying history here and here.

One of the big divisions of Brookfield Asset Management is Brookfield Renewable Energy. You know where this is going. This company has received hundreds of millions, if not billions, in “green” grants, stimulus money and DOE loans (a la Solyndra).

First, about Brookfield Renewable Energy:

Brookfield Asset Management is looking to merge its hydroelectric and wind power assets into the world's second-largest public renewable power company in a move designed to cash in on the growing demand for cleaner power.

With a market capitalization of $6 billion, it would rank behind Italy's ENEL GP's $10-billion equity value and ahead of EDP of France and Portugal's EDF Group.

"The renewable power generation sector is increasingly becoming a meaningful portion of the new energy supply on a global basis," Richard Legault, CEO of Brookfield's power operations, said on conference calls with analysts and bondholders.

"Brookfield continues to believe that the strong growth in renewables will be driven by widespread acceptance of the need to reduce the world's carbon footprint, challenges faced by competing technologies such as coal or nuclear generation and the desire for energy self-sufficiency pursued by many governments through various policies and incentives."

A quick search of what Brookfield is up to:

A NH Solyndra? Wind farm gets fed loan

In the name of “green energy,” the Obama administration is using taxpayer money to subsidize a New Hampshire wind farm that is a subsidiary of a hugely profitable company.

New Hampshire’s largest wind farm, the Granite Reliable Power project under construction in Coos County, is jointly owned by BAIF Granite Holdings, LLC and Freshnet Wind Energy, LLC. BAIF owns 75 percent of Granite Reliable. BAIF Granite Holdings was created earlier this year by Brookfield Renewable Power, which is a subsidiary of Brookfield Asset Management of New York.

That company, which runs clean energy operations around the world, has deep pockets. It reported net income of $454 million in 2009 and $3.2 billion in 2010.

Brookfield Renewable Power financed the creation of BAIF Granite Holdings from its Brookfield Americas Infrastructure fund, which was reported in February to have $2.7 billion in assets. With that kind of backing, it is curious that the U.S. Department of Energy announced it would guarantee up to 80 percent of a $168.9 million loan for the Granite Reliable wind farm project last week.

Why would a company created by a $3.2 billion company and backed by a $2.7 billion private fund need federal loan guarantees? That would be an important question at any time, but it is more pertinent after the bankruptcy of Solyndra, a solar-panel maker that got a $535 million federal loan guarantee from the Obama administration last year.

Granite Reliable’s wind farm is not proven, and Granite Reliable is a limited liability company, which provides broad investor protection if the company goes down. If the wind farm flops, and investors cut their losses, the taxpayers stand to lose $135 million.

What is the justification for risking $135 million in public money, especially on a company with access to so much private cash? Apparently, the justification is that Obama likes “green power” and wants to associate himself with it.

With the country running deficits as far as the eye can see, the Obama administration opts to spend money we don’t have to subsidize a risky venture undertaken by the subsidiary of a huge, profitable company. If that doesn’t perfectly illustrate what is wrong with crony capitalism in general and the Obama administration’s practice of it in particular, we don’t know what would.

Department of Energy Finalizes Loan Guarantee of Nearly $170 Million to Granite Reliable Power

September 23, 2011 - 3:31pm

Washington, D.C. – U.S. Energy Secretary Steven Chu announced today the Department of Energy finalized a partial guarantee for $168.9 million loan to Granite Reliable Power, LLC. The loan guarantee will support a 99 megawatt (MW) wind generation project that will be New Hampshire’s largest wind farm. The project will be located in Coos County in northern New Hampshire, approximately 110 miles north of Concord. Project sponsors, BAIF Granite Holdings, LLC and Freshet Wind Energy, LLC, expect the project will fund nearly 200 construction jobs. [Note: BAIF owns 75 percent of Granite Reliable. BAIF Granite Holdings was created earlier this year by Brookfield Renewable Power, which is a subsidiary of Brookfield Asset Management of New York.

So.

Still wondering why a big evil corporation might be okay with a bunch of nasty protesters trashing its private property in beautiful downtown Manhattan?

As even the protesters could tell you, corporations don’t do stuff out of the goodness of their hearts.


TOPICS: Extended News; News/Current Events
KEYWORDS: bloomberg; bloombergprotesters; brookfield; dianataylor; doe; granite; hunterbiden; manhattan; newyork; nwo; nypd; occupywallstreet; orchestrated; podesta; wellpoint; zuccottipark

1 posted on 10/11/2011 2:51:59 AM PDT by fightinJAG
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To: Chattering Class of 58; OwenKellogg

Ping!


2 posted on 10/11/2011 2:52:51 AM PDT by fightinJAG (Herman Cain actually IS a rocket scientist.)
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To: fightinJAG

Thanks and bump.


3 posted on 10/11/2011 2:53:43 AM PDT by OwenKellogg (Raising Cain)
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To: plangent

ping


4 posted on 10/11/2011 2:57:34 AM PDT by plangent
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To: fightinJAG; All

I don’t know about the people going number one and two in the NY park, but in DC there are a dozen Port a Potties. Also, the demonstrators have just had their permits renewed for four months, tents allowed. Last night a number were prepared to go to jail if driven out, non violent passive resistence.


5 posted on 10/11/2011 3:11:08 AM PDT by gleeaikin
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To: fightinJAG

Seems like a thousand hippies taking a dump in Zucotti park every morning would be a health hazard.

Why isn’t the Health Department issuing fines to Brookfield Office Management?


6 posted on 10/11/2011 3:13:27 AM PDT by seowulf ("If you write a whole line of zeroes, it's still---nothing"...Kira Alexandrovna Argounova)
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To: fightinJAG

When the President has no integrity the underhanded, lying cheating, stealing is unbelievable. A true Chicago thug.


7 posted on 10/11/2011 3:16:38 AM PDT by Any Fate But Submission
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To: seowulf

I can’t believe the city allows these protesters to drop their pants and take an 0bama right there in the park!


8 posted on 10/11/2011 3:18:29 AM PDT by LyinLibs (All moslems are somewhere on the killing-you spectrum)
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To: gleeaikin
"...the demonstrators have just had their permits renewed for four months, tents allowed..."

Why does that not surprise me? Criminal.

Of course, moonbats are notoriously deficient at things like planning ahead, paying bills, understanding the legal regulations and so on.

My favorite story is that of the Walter Reed moonbats, those of the Code Pink variety who protested at the crossroads in front of Walter Reed in full view of the injured troops inside, displaying signs like "Enlist Here to Die for Halliburton" and so on.

The DC chapter of FR had one side of the crossroads, the moonbats had the other. When the DC chapter went to renew their permit, they found out that the moonbats had failed to renew theirs on time, and immediately snapped up that side of the crossroads as well.

It forced the moonbats to move about 100 yards down the road in an obscure little alcove that couldn't be seen from inside the hospital, and there they stayed for years until Walter Reed closed last month.

Of course, these "Occupy Whatever" people have the support of well financed people both in and out of government, so I am sure they are covered.

9 posted on 10/11/2011 3:22:21 AM PDT by rlmorel (9/11: Aggression is attracted to weakness like sharks are to blood, and we were weak. We still are.)
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To: fightinJAG

Time to change those door locks for a lot of parents .


10 posted on 10/11/2011 3:25:31 AM PDT by triSranch ( Home of J.C. Calhoun and the Birthplace and Deathbed of the Confederacy)
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To: Chattering Class of 58; fightinJAG; holdonnow

Nice work folks! I just sent a link to this to Matt Drudge.

Corporation that owns Zuccotti “Protester” Park Wins $168 Million Loan Guarantee from Obama DOE!

http://www.freerepublic.com/focus/f-news/2790976/posts


11 posted on 10/11/2011 3:40:48 AM PDT by deks ("...the battle of our time is the battle of liberty against the overreach of the federal government")
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To: seowulf

“Seems like a thousand hippies taking a dump in Zucotti park every morning would be a health hazard.”

You missed this part: “Mayor Bloomberg has said he can do nothing about the protest unless the park owners (Brookfield Properties) ask the protesters to be evicted.”

If you own property in Manhattan, pig farms and outdoor open cesspools are okay with the fascist bloomberg. He’s as much of a pig as the hippies, bums, commies and thieves infesting the park.

And let’s stop calling this an occupation. This is an infestation by sub-human, savage vermin.


12 posted on 10/11/2011 3:49:09 AM PDT by sergeantdave
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To: fightinJAG

If I remember correctly, didn’t we have a bunch of veterans following the War of 1812, or Civil War maybe, who didn’t get the pay they had been promised? They marched on Washington and camped out in front of the White House and the president ordered them fired upon?


13 posted on 10/11/2011 4:13:21 AM PDT by ryderann
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To: gleeaikin

Why do the Tax Payers in New york have to t pick up the 2 million dollar Tab for Police overtime if the Demonstration is on Private Property?


14 posted on 10/11/2011 4:18:58 AM PDT by ballplayer
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To: fightinJAG

Wow. Bump fer later......


15 posted on 10/11/2011 4:21:54 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: fightinJAG

Verrrrry interesting.


16 posted on 10/11/2011 4:32:00 AM PDT by arasina (So there.)
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To: fightinJAG

Bump.

Good research.


17 posted on 10/11/2011 4:43:59 AM PDT by Rocky (REPEAL IT!)
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To: ryderann

Bonus Army under FDR.


18 posted on 10/11/2011 5:18:13 AM PDT by OwenKellogg (Raising Cain)
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To: sergeantdave

“Mayor Bloomberg has said he can do nothing about the protest unless the park owners (Brookfield Properties) ask the protesters to be evicted.”

That’s incorrect to say. I was a public health professional at one time, and did investigations of private property for public health nuisance complaints all the time. If conditions are unsanitary in the park, it is causing unsanitary conditions for those that have property adjacent to the park also.


19 posted on 10/11/2011 5:33:47 AM PDT by MNGal
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To: gleeaikin

Now we get to pay for Port-o-potties for protesters, too?


20 posted on 10/11/2011 5:34:58 AM PDT by fightinJAG (Herman Cain actually IS a rocket scientist.)
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To: MNGal

Yes. There are many ways by which the City could put the screws to this thing even though it’s mostly on private property.

The Mayor just has to be willing to do so.


21 posted on 10/11/2011 5:41:27 AM PDT by fightinJAG (Herman Cain actually IS a rocket scientist.)
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To: fightinJAG

I think he gets it, the money, from obummer and the house leadership, I recall well the crying spell boner had, when could not find one dime to cut other than the fake 33 million.


22 posted on 10/11/2011 5:43:26 AM PDT by org.whodat (Just another heartless American, hated by Perry and his fellow democrats.)
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To: fightinJAG

I am not shocked at all. It’s how these people roll.

Question: How much of the Tarp & Stimilus bill’s go to money laundering/ponzi schemes?


23 posted on 10/11/2011 5:43:48 AM PDT by bbernard
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To: fightinJAG

This is marvelous research! You came up with a smoking gun.

All that’s missing is a record of Brookfield’s contribution to Obama’s campaign fund.


24 posted on 10/11/2011 6:18:19 AM PDT by RoadTest (For there is one God, and one mediator between God and men, the man Christ Jesus.)
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To: fightinJAG

Thanks!


25 posted on 10/11/2011 6:18:28 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: RoadTest
All that’s missing is a record of Brookfield’s contribution to Obama’s campaign fund

According to Open Secrets, John Zuccotti of Brookfield Partners gave to a lot of Dems, including Obama. They also threw some money McCain's way.

26 posted on 10/11/2011 6:33:23 AM PDT by socal_parrot (I hate to say I told you so, but...)
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To: ryderann

I think your talking about the WW1 vets “Bonus” march


27 posted on 10/11/2011 6:33:58 AM PDT by tophat9000 (American is Barack Oaken)
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To: ryderann

I think your talking about the WW1 vets “Bonus” march


28 posted on 10/11/2011 6:34:00 AM PDT by tophat9000 (American is Barack Oaken)
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To: ryderann

I think your talking about the WW1 vets “Bonus” march


29 posted on 10/11/2011 6:34:00 AM PDT by tophat9000 (American is Barack Oaken)
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To: fightinJAG

Thank you, FJ for bringing this back I have been looking everywhere for a new thread.


30 posted on 10/11/2011 6:34:00 AM PDT by daisy mae for the usa
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To: Chattering Class of 58

Great research. I saw your thread yesterday too. Wow. Thank you.


31 posted on 10/11/2011 6:51:31 AM PDT by daisy mae for the usa
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To: fightinJAG

Excellent use of Free Republic! This is great information you’ll never hear in the MSM (of which Fox News is becoming its newest member...Ugh!)

Keep it up!


32 posted on 10/11/2011 7:40:19 AM PDT by 80sReaganite (Where is our next Ronaldus Magnus....?)
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To: fightinJAG

Excellent use of Free Republic! This is great information you’ll never hear in the MSM (of which Fox News is becoming its newest member...Ugh!)

Keep it up!


33 posted on 10/11/2011 7:40:40 AM PDT by 80sReaganite (Where is our next Ronaldus Magnus....?)
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To: fightinJAG

Excellent use of Free Republic! This is great information you’ll never hear in the MSM (of which Fox News is becoming its newest member...Ugh!)

Keep it up!


34 posted on 10/11/2011 7:40:57 AM PDT by 80sReaganite (Where is our next Ronaldus Magnus....?)
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To: 80sReaganite
BUMP to the top of the comments page. . .

Corporation that owns Zuccotti “Protester” Park Wins $168 Million Loan Guarantee from Obama DOE!

(park is the location of Occupy Wall Street in Manhattan)

http://www.freerepublic.com/focus/f-news/2790976/posts

35 posted on 10/11/2011 12:16:22 PM PDT by deks ("...the battle of our time is the battle of liberty against the overreach of the federal government")
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To: opentalk; fightinJAG; Chattering Class of 58

Bumping and crossposting to an earlier thread: http://www.freerepublic.com/focus/bloggers/2790514/posts?page=1


36 posted on 10/11/2011 2:33:11 PM PDT by OwenKellogg (Raising Cain)
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To: OwenKellogg

The Bloomberg/WaPo GOP debate tonight will include questions about the protesters, Bloomberg is definitely helping and enabling them.


37 posted on 10/11/2011 2:40:17 PM PDT by opentalk
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To: fightinJAG
John Podesta, relative lobbying for Brookfield, link wnd

..Since 2009, Brookfield has been represented by the lobby firm Heather Podesta and Partners, LLC.

According to White House visitor logs, Heather Podesta visited the White House eight times in Obama's first six months alone.

38 posted on 10/12/2011 5:08:29 AM PDT by opentalk
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To: opentalk

Good catch!

What a tangled web . . .


39 posted on 10/12/2011 6:32:53 AM PDT by fightinJAG (Herman Cain actually IS a rocket scientist.)
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To: fightinJAG; All

At the same time as the protesters showed up there was a 3 day street festival along side called Taste of DC, with many restaurants participating. The Port-o-potties were well used by all in attendance, so only part of the cost accrues to the demonstrators.


40 posted on 10/12/2011 11:30:32 PM PDT by gleeaikin
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To: Robe

Bookmark


41 posted on 10/13/2011 1:48:38 PM PDT by Robe (Rome did not create a great empire by talking, they did it by killing all those who opposed them)
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To: fightinJAG

Rush Limbaugh - October 17, 2011

The Tangled Web: Obama Approves Loan for Zuccotti Park Owners

http://www.rushlimbaugh.com/daily/2011/10/17/the_tangled_web_obama_approves_loan_for_zuccotti_park_owners


42 posted on 10/18/2011 3:38:07 AM PDT by deks ("...the battle of our time is the battle of liberty against the overreach of the federal government")
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To: fightinJAG

While reading a post this morning at theblaze, “Who is John Zuccotti and Why Was His Park Picked For Occupy Wall Street?”, I came across poster Ed Brown’s link (Oct23, 2011) to “Obama’s DOE loan to Brookffield wind farm interests”...which prompted me to do a Google search about these connections and what comes up?...

...a link to FR and YOUR original research!

WOW! Thanks for your work, fightinJAG! OUTSTANDING!


43 posted on 10/23/2011 4:46:42 AM PDT by PGalt
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To: PGalt

You’re very welcome, but the original research was done by the poster I mentioned. His thread got pulled for profanity and other things.

I took the guts of it and put it together in a direct (and non-profane!) way and reposted it, crediting the OP, but having to post it under my name since I never heard from him.

I just saw you pinged me to some other original research. I am looking forward to reviewing that as well!


44 posted on 10/23/2011 9:20:04 AM PDT by fightinJAG (NO REPRESENTATION WITHOUT TAXATION! Everyone should pay taxes, everyone should pay the same rate.)
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To: fightinJAG

bttt


45 posted on 11/15/2011 8:46:56 AM PST by GOPJ ( Democrats are the only reason to vote for Republicans.... Will Rogers)
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To: fightinJAG
B U M P !!

Excellent job!

46 posted on 11/17/2011 10:36:34 AM PST by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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