#AceWorldNews – UNITED STATES (Washington) – August 18 – The top Democrat in the House of Representatives steered more than a billion dollars in subsidies to a light rail project that benefited a company run by a high-dollar Democratic donor and in which her husband is a major investor. When cloud computing giant Salesforce sold a large plot of land to the Golden State Warriors in April, it had House Minority Leader Nancy Pelosi (D., Calif.) to thank for helping to swell real estate prices in the area. Pelosi has worked for more than a decade to steer taxpayer funds to a light rail project in San Francisco’s Mission Bay neighbourhood, where Salesforce had planned a new campus. Experts say the project boosted the value of Mission Bay real estate. The company’s CEO, Marc Benioff, is a high-dollar Democratic donor. Pelosi and her leadership PAC are among the recipients of his generous campaign contributions. Pelosi’s husband is also a major Salesforce investor. #ANS2014
Posted on: Mon, 18 Aug 2014 10:10:13 +0000
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