Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Ray76

Dingy’s rhm, very recently imposed as the head of the BLM, was apparently deeply involved in that “sustainable” energy source development.


102 posted on 04/10/2014 1:59:19 PM PDT by Paladin2
[ Post Reply | Private Reply | To 101 | View Replies ]


To: Paladin2

Exactly.

They want him off his land so that the area can become a preserve, to compensate for destruction caused elsewhere by solar and wind power projects.

https://www.blm.gov/epl-front-office/eplanning/planAndProjectSite.do?methodName=renderDefaultPlanOrProjectSite&projectId=2900&dctmId=0b0003e88009debe


105 posted on 04/10/2014 2:06:39 PM PDT by Ray76 (Take over the GOP? You still beg! Forget them. Second Party Now.)
[ Post Reply | Private Reply | To 102 | View Replies ]

To: Paladin2

Paladin...I don’t have the time to dig on HArry Reid’s “investments, on and off the books there...which may very well relate to Bundy’s ordeal....but I ran across this interesting bit of work from several years ago....might help you and those who are researching on Bundy’s case....

As Follows:

In 2004, the senator made $700,000 off a land deal that was, to say the least, unorthodox. It started in 1998 when he bought a parcel of land with attorney Jay Brown, a close friend whose name has surfaced multiple times in organized-crime investigations and whom one retired FBI agent described as “always a person of interest.”.........

...... Three years after the purchase, Reid transferred his portion of the property to Patrick Lane LLC, a holding company Brown controlled. But Reid kept putting the property on his financial disclosures, and when the company sold it in 2004, he profited from the deal — a deal on land that he didn’t technically own and that had nearly tripled in value in six years.

When his 2010 challenger Sharron Angle asked him in a debate how he had become so wealthy, he said,.... “I did a very good job investing.”.... Did he ever......On December 20, 2005, he invested $50,000 to $100,000 in the Dow Jones U.S. “Energy Sector Fund” (IYE), which closed that day at $29.15. The companies whose shares it held included ExxonMobil, ChevronTexaco, and ConocoPhillips....... When he made a partial sale of his shares on August 19, 2008, during congressional recess, IYE closed at $41.82. Just a month later, on September 17, Reid was working to bring to the floor a bill that the Joint Committee on Taxation said would cost oil companies — including those in the fund — billions of dollars in taxes and regulatory fees. The bill passed a few days later, and by October 10, IYE’s shares had fallen by 42 percent, to $24.41, for a host of reasons. Savvy investing indeed.

He had managed to get $18 million set aside to build a bridge across the Colorado River between Laughlin, Nev., and Bullhead City, Ariz., a project that wasn’t a priority for either state’s transportation agency....... His ‘ownership of 160 acres of land’ nearby that stood to appreciate considerably from the project had nothing to do with the decision, according to one of his aides.....

....The property’s value has varied since then. On his financial-disclosure forms from 2006, it was valued at $250,000 to $500,000. Open Secrets now lists it as his most valuable asset, worth $1 million to $5 million as of 2010.

How Reid acquired that land is interesting,..... He put $10,000 into a pension fund his friend Clair Haycock controlled, to take over the 160-acre parcel at a price far below its assessed value........ Six months later, Reid ‘introduced legislation’ that would help Haycock’s industry, ....a move many observers said appeared to be a quid pro quo, though Reid and Haycock denied that the legislation was the result of a property deal.

(Nat’l Review)


180 posted on 04/11/2014 8:13:44 PM PDT by caww
[ Post Reply | Private Reply | To 102 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson