Companies Gave Cuomo $1.25 Mil, Got $15 Mil Back

President Idiot Son?

Good investment. Hard to decide whether Hillary or Cuomo is the better “investor“.

Several companies run by big-time donors to New York’s Gov. Cuomo have won millions of dollars in state economic development grants since he took office, state records show.

At least seven companies that received a total of $15.25 million in grants from state Regional Economic Development Councils are linked to $1.25 million in donations to Cuomo’s campaign treasury since 2010, the records show.

One of those companies, Taylor Biomass LLC in Orange County, was awarded $1 million in 2013 to build a waste-to-energy facility.

Green Energy. It’s the gift that keeps on giving.

Taylor Biomass has a lot of Democratic Party connections. Including very high up.

Taylor Biomass Energy in Orange County is getting $100 million in loan guarantees to expand, create jobs and create green energy as the company turns trash to treasure. The recycling business sorts trash efficiently and turn it into things like wood mulch and bits of brick for paving projects.

Jim Taylor, the company’s CEO, is being given the money to make a new plant – and tap into tremendous potential for the economy and environment.

That’s why he’s getting an Innovative Technology Grant from the Obama Administration to turn the garbage into energy.

Innovative. Recycling. Green Energy.

So many ways to spell Corruption.

  • Hard Little Machine

    Of course all politicians are hacks and of course Bob McDonnell’s trial was political.

  • http://www.stubbornthings.org NAHALKIDES

    We see here why State Constitutions need to be changed to prevent the awarding of “economic development grants” by the government. No grants, no loans, no loan guarantees, etc. To have no corruption we must see to it the government doesn’t have any favors to sell.

  • kasandra

    I’m sure the DOJ is looking into this just as they did (former) Virginia Gov. Bob McDonnell.

  • http://ruleofreason.blogspot.com/ Edward Cline

    “So many ways to spell Corruption.” The recycling of corruption. I wonder if it can be mulched?

  • gerry

    Like Bidem would have said this is a F……good deal.Excellent return.Real good investment.