October 25, 2008
Palin: the Gift that Keeps on Giving Gives Again

More good news for Obama, from Sarah Palin and her team of mavericks:

ANCHORAGE, Alaska – Gov. Sarah Palin’s signature accomplishment — a contract to build a 1,715-mile pipeline to bring natural gas from Alaska to the Lower 48 — emerged from a flawed bidding process that narrowed the field to a company with ties to her administration, an Associated Press investigation shows…

Despite Palin’s boast of a smart and fair bidding process, the AP found that her team crafted terms that favored only a few independent pipeline companies and ultimately benefited the winner, TransCanada Corp.

The leader of Palin’s pipeline team had been a partner at a lobbying firm where she worked on behalf of a TransCanada subsidiary. Also, that woman’s former business partner at the lobbying firm was TransCanada’s lead private lobbyist on the pipeline deal, interacting with legislators in the weeks before the vote to grant TransCanada the contract. Plus, a former TransCanada executive served as an outside consultant to Palin’s pipeline team.

Under a different set of rules four years earlier, TransCanada had offered to build the pipeline without a state subsidy; under Palin, the company could receive a maximum $500 million…

Webding3.jpg

Posted by Jerome Doolittle at October 25, 2008 05:12 PM
Email this entry to:


Your email address:


Message (optional):


Comments

We should stop calling them mavericks, even ironically, they are simply rogues.

Posted by: Mahakal on October 25, 2008 5:39 PM

So that's $500 million dollars of Alaskan money that went to a Canadian company based in Calgary, Canada. That's roughly $750.000 per Alaskan by my calculation. 500000000/670,000.

I wonder what Palins take was. No wonder she upped the Alaskan resident rebate to $1200 per Alaskan for this year. It could have been $2000 per Alaskan if Sarah hadn't given away that $750.00. But if she hadn't upped the rebate, there would have been a lot more howling in the wind by real Alaskans. My namesake lives there, or so I'm told.

Posted by: Buck on October 25, 2008 7:46 PM
Post a comment
Name:


Email Address:


URL:


Comments:


Remember info?