Could it be that the jig is up for obama and his money grabbing machine? Looks like there are more than a few links to obama and his corrupt administration. At least that is what is being reported at Fox News. It would so nice to see this corrupt government torn down and placed in jail for a real long time, say forever!
As the White House rejects charges that the Obama administration was motivated by politics in its decisions on green energy loans, scrutiny is increasing over the preference given to Democratic donors seeking federal loans.
Recent emails suggest that politics did play a role in administration decisions regarding its energy loan guarantee programs. But beyond the timing of political announcements, the Solyndra investigation has churned up questions about the White House’s overall strategy of doling out taxpayer money.
The rolls of green energy subsidies show that beyond a few headline-grabbing cases, several well-connected Democrats obtained taxpayer assistance for environmentally friendly projects.
Among the recipients are:
— Solyndra, which received $535 million in loan guarantees and whose chief investor was the George Kaiser Family Foundation. George Kaiser was an Obama campaign bundler.
— Brightsource Energy, which received $1.6 billion and whose senior adviser is Robert Kennedy, Jr., an early Obama backer;
— Solar Reserve, which got a $737 million loan, and whose major investor is a company run by Michael Froman, who was a deputy assistant to the president. Froman bundled up to $500,000 for the president’s 2008 campaign;
— Granite Reliable Wind Generation, which received a $168.9 million loan. The company’s majority owner is a firm formerly led by Nancy Ann DeParle, now a White House deputy chief of staff and former head of the president’s health care communications team during the reform debate; and
— Abound Solar, which received a loan guarantee worth $400 million. A key investor is billionaire heiress Pat Stryker, who gave $87,000 to Obama’s inauguration committee, and hundreds of thousands more to Democratic causes.
- Officials: No political influence in Solyndra loan (politicalticker.blogs.cnn.com)
- Energy Secretary Chu Takes Full Responsibility for Solyndra (abcnews.go.com)
- Energy Secretary Steven Chu to face GOP critics on $528M loan to solar company … – Washington Post (washingtonpost.com)
- White House Pressured Solyndra To Delay Layoffs Until After Midterm Elections? (outsidethebeltway.com)
- Officials: No political influence in Solyndra loan (cnn.com)