Andrew B. Wilson, at TWS, reports:
Russell Kanjorski, the vice president for marketing at Abound Solar, was one of the principals in another energy company in northeast Pennsylvania, called Cornerstone Technologies LLC, which attracted $9 million in federal grants before it halted operations in 2003 and later filed for Chapter 7 bankruptcy. As reported by the Wilkes-Barre Times Leader, “Cornerstone reported $14,100 in assets compared with $1.34 million in debt” in its bankruptcy filing. The $9 million in federal grants to Cornerstone were earmarked by Kanjorski’s uncle, Representative Paul Kanjorski of Pennsylvania, chairman of the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
John McCormack at Hot Air provides a video, and this quote:
“It was clear that these guys are clueless,” Harold Schobert, a Penn State professor of fuel science, told Fox. “It was sort of like trying to collaborate with the cast of Looney Tunes.” Schobert says he knew something was up when Cornerstone officials didn’t even know how to order chemicals and wouldn’t let him on the company’s premises.
Both articles are must-reads, but hold your nose.
I emailed John McCormack about Abengoa's joint venture to build a solar plant in Abu Dhabi while simultaneously building one in Arizona. TCKT may have the scoop on that little gem.
ReplyDeleteI'm glad the big bloggers are pursuing the Abengoa/Abound story, because it reeks to high heaven. Pee-yew!
4th attempt to post this, now. I see TCKT has eaten Lady Red's #1 comment, though it is still on the sidebar as I type this;
ReplyDeleteSo we not only have a ridiculously expensive and probably unworkable 'jobs' creation scheme, paid for by gov't largesse (except it's our grandchildren's tax money being handed out) but a larcenous congressman sitting there waiting to siphon it to equally dishonest family members.
Who says crime does not pay?
I have to wonder if these 'businesses' will be around next election cycle and if so, how much of this cash will be recycled back into Barry's election coffers.
OK, #2 was not there when I typed the original, ill-fated 3#, and I am going to let both of these stands out of fear that any attempt at editting will remove not only both of my comments, but Lady Red's now-restored #1, and god only knows what else.
ReplyDelete