Monday, October 06, 2014

BOOM: Husband of Sen. Kay Hagan (D-NC) Formed "Green Energy" Company to Profit From Obama Stimulus

But the Democrat Senator from North Carolina claims she knew nothing -- nothing -- about her husband's "business":

Sen. Kay Hagan’s husband and son created a solar energy contracting company in August 2010, and then, using $250,644 in federal stimulus grant funds, her husband hired that same company to install solar panels at a building he owns.

Public records show that Green State Power was formed seven weeks before JDC Manufacturing — a company owned in part by Greensboro attorney Charles “Chip” Hagan III, Sen. Hagan’s husband — received the stimulus grant for the solar project at a 300,000-square-foot facility in Reidsville, N.C.

A story in late September on the Washington, D.C.-based website Politico revealed that JDC Manufacturing received “nearly $390,000 in federal grants for energy projects and tax credits created by the 2009 stimulus law, according to public records and information provided by the company.”

The story reported that JDC “was one of 27 in North Carolina to be awarded funds for energy-efficient projects, to the tune of about $250,000. The company received the money in 2011, after the first phase of the project was completed in late 2010.”

Hagan claims the story is frivolous, but it is apparently of sufficient concern that she is seeking advice from legal counsel.

Researcher @TBradleyNC has done the relevant research to prove the extent of Hagan's skulduggery.

These Democrat hacks are the lowest of the low.

When an honest history of the Obama-Democrat Stimulus package is recounted, I guarantee that it will go down as the greatest ripoff of the American taxpayer ever.

To wit: "80% of Energy Department's "Green Loan" Program Went to Obama's Campaign Contributors".


John Patti said...

A 1000 Obama scandals ago, the stimulus was supposed to prop up an ailing economy. Instead it was the largest special interests payoff ever.

Anonymous said...

The Payback/Payoff for Getting BHO Elected continues, and the American People are still Paying that tab off!

Anonymous said...

When Democrats talk of spreading the wealth what they really mean is confiscating our tax dollars and spreading it amongst Democrats. #DemocratsAreEvil