Obama's Exelon ties merit close look

[Little Star]

Baltimoresun.com
Obama's Exelon ties merit close look
Jay Hancock
January 25, 2008
Pay no attention to whether Sen. Barack Obama's ties to Exelon Corp. might make him sympathetic to storing nuclear waste in Nevada. That argument, aired before that state's Democratic caucuses last week, is a sideshow.

A bigger question is how Obama's Exelon links might influence his broader electricity policy at the most critical period for U.S. electricity since the 1930s. Exelon, the Illinois version of Baltimore's Constellation Energy, is one of the country's biggest megawatt producers, the largest nuclear plant operator and a huge Obama backer through its executives and employees.

Would a President Obama try to reform interstate electricity markets that have soaked consumers in Maryland and other deregulated states, inadequately invested in the future and unjustifiably enriched Exelon, Constellation and other companies? Or would he maintain the Bush administration's blind eye toward evidence of wholesale-electricity market failure, irregularity and price gouging?

Consumer groups say he had a great record of backing the little guy against utilities when he was in the Illinois Legislature. Obama's spokespeople talk a good game about what he would do in the White House. But money talks louder than words, and it's worth looking at his Exelon ties more closely.

http://www.baltimoresun.com/business/bal-bz.hancock25jan25,0,4656523.column

[Cant trust em]

1. Thanks for an anti-Obama post that is thoughtful

instead of just blind hate. This is at least useful.

[Little Star]

2. Your welcome. n/t