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Diddy, TVA Scandal, and Joel Osteen | SRS #232 Capablanca Teaches Us The ONLY Chess Opening You'll Ever Need "How Bruce Springsteen Fooled America" How ancient Rome was excavated in Italy in the 1920s. Unique rare videos and photos. Status: Not Logged In; Sign In Alternative Energies See other Alternative Energies Articles Title: Mitch McConnell's wife resigns over coal issues Source: WKYT URL Source: http://www.wkyt.com/home/headlines/ ... ver-coal-issues-289412781.html Published: Jan 22, 2015 Author: Associated Press Post Date: 2015-01-22 09:52:26 by Willie Green Keywords: None Views: 5178 Comments: 13 FRANKFORT, Ky. (AP) - U.S. Senate Majority Leader Mitch McConnell's wife has resigned from Bloomberg Philanthropies' board of directors after the charity announced plans to expand its efforts to shutter coal-fired power plants. Elaine Chao joined the board one year after it announced a $50 million, four-year commitment to the Sierra Club's Beyond Coal initiative. Alison Lundergan Grimes made Chao's membership on the board an issue during her failed bid to unseat McConnell last year. At the time, McConnell defended his wife's position on the board and said she would not resign. But a McConnell spokesman said Wednesday Chao decided to resign after learning the charity planned to expand its Beyond Coal commitment, saying her service on the board was incompatible with her commitments to Kentucky. About 90 percent of Kentucky's electricity comes from coal-fired power plants. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 9. #1. To: Willie Green (#0) " Mitch McConnell's wife has resigned from Bloomberg Philanthropies' board of directors after the charity announced plans to expand its efforts to shutter coal-fired power plants " OK. But one has to wonder why now?, since "Elaine Chao joined the board one year after it announced a $50 million, four-year commitment to the Sierra Club's Beyond Coal initiative." Stoner  posted on  2015-01-22   10:13:28 ET  Reply   Untrace   Trace   Private Reply   #2. To: Stoner (#1) OK. But one has to wonder why now? The election is over. Ditch Mitch won with his normal tactics. Fred Mertz  posted on  2015-01-22   10:15:28 ET  Reply   Untrace   Trace   Private Reply   #4. To: Fred Mertz (#2) " The election is over. Ditch Mitch won with his normal tactics. " I still do not understand why she has resigned. Staying I don't think helped his reelection, and true he did get reelected. Since the election is over, I do not see what is her incentive to resign now? Did someone pay her a big bonus to resign? Help me out here Fred. Stoner  posted on  2015-01-22   10:35:53 ET  Reply   Untrace   Trace   Private Reply   #5. To: Stoner (#4) I was going to cut and paste excerpts, but you can read more here: www.kentucky.com/2015/01/...-from-bloomberg.html?rh=1 The foundation is committing $48 million over the next 3 years to anti-coal causes. 90 percent of Kentucky's electricity is produced by coal. She is wife to Ditch Mitch who wants to be senator for life. She loses $600,000 annual compensation as a member of the board/foundation. I'll gladly replace her. Fred Mertz  posted on  2015-01-22   10:50:45 ET  Reply   Untrace   Trace   Private Reply   #7. To: Fred Mertz (#5) " She loses $600,000 annual compensation as a member of the board/foundation. I'll gladly replace her. " Yeah, I would too. But since he got reelected, and will not have to run again for 6 years, I still do not see why she is giving up that kind of money now. Oh well, I guess they figure would be better to resign now, six years early. Stoner  posted on  2015-01-22   11:57:18 ET  Reply   Untrace   Trace   Private Reply   #8. To: Stoner (#7) (Edited) ...I still do not see why she is giving up that kind of money now. A year or more ago she donated something like $40 million to some sort of institution. Let me look around. It was in Oct 2012: news.harvard.edu/gazette/...-gives-40-million-to-hbs/ So, $600K is just pocket change to her. Edit: Okay, it was the Chao family that donated it, not her as an individual. Either way you look at it, that's a lot of scratch! Fred Mertz  posted on  2015-01-22   12:02:20 ET  Reply   Untrace   Trace   Private Reply   #9. To: Fred Mertz (#8) " Edit: Okay, it was the Chao family that donated it, not her as an individual. Either way you look at it, that's a lot of scratch! " Yes, it is a lot. I knew her family was wealthy. I still don't understand why she is resigning NOW. In preparation for another election 6 years away? I don't buy it. There has to be another reason, I just don't know what. Stoner  posted on  2015-01-22   12:26:18 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 9.         There are no replies to Comment # 9. End Trace Mode for Comment # 9. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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