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Harry Reid promotes crony capitalism, with Chinese cronies

The Washington Free Beacon reports that Senate Majority Leader Harry Reid has been working to secure sweetheart deals for Chinese green energy firms. Specifically, Reid reportedly has been pulling strings behind the scenes on behalf of ENN Mojave Energy, a Nevada subsidiary of the Chinese-owned ENN Group.

After more than two years of secret negotiations beginning in 2009, lawmakers in Clark County, Nevada agreed to sell 9,000 acres of public land to ENN for the bargain price of just $4.5 million ($500 per acre) in December 2011. The land had been previously appraised for between $30 million and $39 million.