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All Aboard The Gravy Train

- December 7, 2015

 

The Clintons Have Lobbied For The Interests Of Today's Campaign Fundraising Host Who Would Certainly Seek Favors From Another Clinton Administration For His Expensive Rail Project

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TOP TAKEAWAYS

  • Today, Hillary Clinton is attending a fundraiser hosted by long-time Democrat donor Wayne Rogers.
  • Rogers has been a democrat fundraising powerhouse for years, and has received favorable treatment from Clinton White House and the Clinton State Department.
  • The Clinton's have repeatedly advocated for Roger's various enterprises abroad, resulting in multi-million dollar international business deals.

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Today, Hillary Clinton Is Attending A Fundraiser Hosted By Long-Time Democrat Donor Wayne Rogers In Owings Mill, MD. "Hillary Clinton will be attending another fundraiser on December 7. This Event will take place in the evening and is being hosted at the home of Valerie and Wayne Rogers in Owings Mills, Maryland." ("Conversation With Hillary Clinton," Political Party Time, Accessed 12/2/15)

Rogers Has Contributed Over $250,000 To Democrat Candidates And Organizations. ( Center For Responsive Politics , Accessed 12/2/15)

Wayne Rogers Has Contributed Between $50,000 And $100,000 To The Clinton Foundation. ("Contributor And Grantor Information", The Clinton Foundation, Accessed 12/4/15)

CLINTON'S $275 BILLION INFRASTRUCTURE PLAN WOULD BENEFIT ROGERS' BUSINESS INTERESTS TREMENDOUSLY

Roger's Company, The Northeast Maglev, Is The "Private, Washington, DC-Based Company Behind The Idea, Has Backing From The Japan Central Railroad And The Japanese Government …" " America does not have any genuine high-speed rail services. But that has not discouraged an intrepid group that wants to build support for a superconducting maglev train between Washington and New York. The Northeast Maglev (TNEM), the private, Washington, DC-based company behind the idea, has backing from the Japan Central Railroad and the Japanese , and a board of advisers that includes former governors of New Jersey, Pennsylvania and New York." ("A Maglev For America," The Economist, 12/11/13)

  • The Northeast Maglev (TNEM) Has Multiple Interests Before The US Government With Maglev. "Wayne Rogers, chief executive of The Northeast Maglev, a private company that wants to build a magnetic-levitation train line that would link Washington with New York in about an hour, said the firm planned to begin seeking federal regulatory approval next year." (Eric Pfanner, "Campaign For 'Floating Train' To Connect New York And Washington Gathers Pace," The Wall Street Journal , 10/22/14)

Clinton's Campaign Website Spells Out The Need For Major Spending On The Creation Of A Faster, And Higher Capacity Passenger Train System. "Build a faster, safer, and higher capacity passenger rail system. Although more and more Americans are traveling via train, our passenger rail infrastructure is crumbling - slowing down journeys, limiting ridership, and making trains less safe. In some cases, crucial infrastructure is more than a century old. Clinton will invest in creating a world-leading passenger rail system to meet rapidly growing demand and build a more mobile America." ("Hillary Clinton's Infrastructure Plan: Building Tomorrow's Economy Today," The Briefing, Accessed 12/2/15)

  • Clinton "Is Calling For $275 Billion In New Spending On Roads, Bridges, Rails, And Airports …" "The Democratic presidential candidate is calling for $275 billion in new spending on roads, bridges, rails, and airports, but even that might be well short of what the nation needs." (Russel Berman, "Hillary Clinton's Modest Infrastructure Proposal,"The Atlantic , 12/1/15)
  • Clinton's Infrastructure Plan Calls For Direct Government Spending On "Public Goods" Including Passenger Trains. "The plan calls for direct investment in a wide variety of public goods, i.e., spending private firms are unlikely to undertake as they cannot typically get back a return on investment (ROI). The plan includes road and bridge maintenance ('nearly one in four bridges requires significant repair'), public transit, reducing freight bottlenecks, airports, including 'NextGen' air traffic control 'that would move our national airspace system from groundbased radar to satellite-based navigation, improve digital communications, and enhance information management," passenger trains, digital access buildout, and dam and levee maintenance.'" (Jared Bernstein, "I (Mostly) Like Hillary Clinton's Infrastructure Plan", The Washington Post , 12/2/15)
  • Clinton: "Our Airports Are A Mess. Our Ports Need Improvement. Our Rail Systems Do As Well." "'I don't have to tell you what a sorry state we're in,' Clinton said in previewing her plan Sunday at Boston's Faneuil Hall. 'Our roads and bridges are potholed and crumbling. Families endure blackouts because our electric grid fails in extreme weather. Beneath our cities, our pipeline infrastructure-our water, our sewer, you name it-is up to a century or more old. Our airports are a mess. Our ports need improvement. Our rail systems do as well.'" (Russel Berman, "Hillary Clinton's Modest Infrastructure Proposal,"The Atlantic , 12/1/15)

Rogers' Company Is Seeking Public Financing For The Rail Projects

TNEM Is Seeking Public Financing For This Project. "TNEM plans to seek public and private financing for construction, though Mr. Rogers says no additional subsidies would be required once construction is complete." (Eric Pfanner, "Campaign For 'Floating Train' To Connect New York And Washington Gathers Pace," The Wall Street Journal , 10/22/14)

  • The Segment Between Washington, DC And Baltimore, MD Alone Would Cost $10 Billion. "TNEM hasn't provided a cost estimate for the entire project, but it is likely to be a multiple of the $10 billion needed for the Washington-Baltimore portion of the line." (Eric Pfanner, "Campaign For 'Floating Train' To Connect New York And Washington Gathers Pace," The Wall Street Journal , 10/22/14)

The Obama Administration Has Already Announced In 2015 That They Will Give $27.8 Million To Fund The Maglev Train Project. "The government, which on Saturday announced $27.8 million in funding for a maglev study, wants to build a stronger passenger rail system, U.S. Transportation Secretary Anthony Foxx said in an interview Monday in Tokyo." (Chris Cooper, Kiyotaka Matsuda, And Craig Trudell, "The World's Fastest Train Could Be Headed To Washington,"Bloomberg, 11/9/15)

ROGERS HAS LONG BENEFITED FROM HIS CLOSE TIES TO THE CLINTONS

As Secretary Of State, Clinton Advocated For Rogers' Magnetic-Levitation Train Company (TNEM) On An Official Visit To Japan

On An Official Visit To Japan, Secretary Clinton Had Meetings With Top Japanese Officials About Funding For The First Phase Of A Magnetic-Levitation (Maglev) Train Between Washington, DC And Baltimore, MD. "In talks with US Secretary of State Hillary Clinton, Japanese Foreign Minister Seiji Maehara proposed that the Japan Bank for International Cooperation would fund a portion of the first phase of a project to bring Maglev trains to the US, said Satoru Satoh, the Japanese embassy press attache. The proposed first phase of the project would see a Maglev train, which can travel at speeds of up to 341 miles per hour (550 kilometers per hour), link Washington with Baltimore some 60 miles (100 kilometers) to the north and currently an hour's train ride away." ("Japan Offers To Fund Part Of US High-Speed Rail Project," The Independent , 9/8/11)

In 2000, President Clinton Highlighted A $500 Million Contract For Wayne Rogers' Synergics Energy Development During An Official Trip To India

During President Clinton's Visit To India In 2000, He Announced "New Business Ties Between India And The United States," Including A $500M Contract For A Hydroelectric Plant With Synergics Energy Development. "President Clinton came to India's Silicon Valley today to announce new business ties between India and the United States … 'Our challenge is to turn the newest discoveries into the best weapons humanity has ever had to fight poverty,' he said. 'And it is good economics to do so.' … business agreements announced today include: Annapolis-based Synergics Energy Development, which is building a $ 500 million hydroelectric project in India with a local firm , Power Finance Corp.; Reston-based LightStream Technologies, which is undertaking an ultraviolet-light water purification project with an Indian firm called Subhash; and Washington-based Water Systems International, which is conducting a water purification project with Haryana State Industrial Development Corp." (Charles Babington, "Clinton Urges Indian High-Tech Leaders To Help Poor," The Washington Post , 3/25/00)

  • Rogers Was The President Of Synergics Energy Development In 2000. "Mr. Rogers served as the President of Synergics Energy Development Inc., from January 1998 to December 2007 … Mr. Rogers has been included in a number of trade missions, including Commerce Secretary Daley's mission to India in 1997 and President Clinton's historic visit to India in 2000. In April, 2007, Mr. Rogers participated in the first U.S. Commerce Department trade mission to India and China to focus solely on development of clean energy technology. He served as Chairman of Synergics Energy Services, LLC since January, 1998." ("Wayne L. Rogers Executive Profile", Bloomberg, Accessed 12/6/15)
  • The $500 Million Contract With Synergics Energy Development Was Signed As An Agreement With India's Duncan Group. "Synergics Energy Development of the U.S. has signed an agreement with India s Duncan Group for a $500 million hydropower project in Srinagar in the north Indian state of Uttar Pradesh." ("Companies Sign Deals In Wake Of Clinton India Trip," The Electricity Daily, 3/27/00)
  • Synergics Energy Development Agreed To Finance 25% Of The Project In Exchange For A 95 Percent Equity Stake In The Project's Profits. " Synergics Energy Development Inc. signed a memorandum of intent with India's Power Finance Corp (PFC) which has committed itself to financing 25% of the $ 500m Srinagar hydroelectric project in Uttar Pradesh. Synergics has 95% equity stake in the 330 MW project. The Duncan industrial group in India holds the balance." ("Indo-US Deals Despite Kashmir, Nuclear Fears," FT Energy Newsletters-Power In Asia, 4/3/00)

Under Secretary Clinton, Wayne Rogers' Company Synergics Energy Was One Of 14 Representatives Selected For A "Historic U.S. Trade Mission" Visiting Africa, According To The State Department In 2011

While Clinton Was Secretary Of State In 2012, Synergics Energy Was Selected To Meet With "Key Government Decision Makers And Prospective Private-Sector Partners" In Africa. "The mission is the first-ever U.S. Department of Commerce-led trade mission to Zambia. A delegation composed of representatives from 14 U.S. firms is joining Sánchez on stops in Lusaka, Zambia, and Johannesburg and Cape Town, South Africa. At each stop, participating companies will meet with key government decisionmakers and prospective private-sector partners … 'Zambia and South Africa both offer extraordinary opportunities to U.S. companies seeking to introduce their quality products and services to important emerging markets,' [U.S. Under Secretary of Commerce For International Trade Francisco] Sánchez said … The following companies were selected for participation in the trade mission: 1. AAR Corporation - Wood Dale, Illinois 2. Case New Holland - Chicago, Illinois 3. Dow Chemical - Midland, Michigan 4. Electro-Motive Diesel, Inc. - LaGrange, Illinois 5. General Electric Company - Fairfield, Connecticut 6. Greeley and Hansen LLC - Chicago, Illinois 7. Hybas International LLC - Houston, Texas 8. Kanawha Scales and Systems, Inc. - Poca, West Virginia 9. Mabey, Inc. - Elkridge, Maryland 10. Symbion Power LLC - Washington, D.C. 11. Synergics Energy Services - Annapolis, Maryland 12. Trimble Navigation Ltd. - Sunnyvale, California 13. Water Services, Inc. - Provo, Utah 14. Zanbato - Mountain View, California" ("Press Release: Historic U.S. Trade Mission Visits Zambia, South Africa," Department Of State, 11/26/12)

  • Rogers Served As Chairman Of Synergics Energy Services In 2012. "Mr. Rogers served as the President of Synergics Energy Development Inc., from January 1998 to December 2007 … Mr. Rogers has been included in a number of trade missions, including Commerce Secretary Daley's mission to India in 1997 and President Clinton's historic visit to India in 2000. In April, 2007, Mr. Rogers participated in the first U.S. Commerce Department trade mission to India and China to focus solely on development of clean energy technology. He served as Chairman of Synergics Energy Services, LLC since January, 1998." ("Wayne L. Rogers Executive Profile," Bloomberg, Accessed 12/6/15)

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