80% of Green Energy Loans Went to Obama Donors

[teapartysamurai]

When President-elect Obama came to Washington in late 2008, he was outspoken about the need for an economic stimulus to revive a struggling economy… After he was sworn in as president, he proclaimed that taxpayer money would assuredly not be doled out to political friends… …

But an examination of grants and guaranteed loans offered by just one stimulus program run by the Department of Energy, for alternative-energy projects, is stunning. The so-called 1705 Loan Guarantee Program and the 1603 Grant Program channeled billions of dollars to all sorts of energy companies… …

In the 1705 government-backed-loan program [alone], for example, $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers—individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party. The grant and guaranteed-loan recipients were early backers of Obama before he ran for president, people who continued to give to his campaigns and exclusively to the Democratic Party in the years leading up to 2008. . . . . .

…These programs might be the greatest—and most expensive—example of crony capitalism in American history. Tens of billions of dollars went to firms controlled or owned by fundraisers, bundlers, and political allies, many of whom—surprise!—are now raising money for Obama again.

Report: 80% of DOE Green Energy Loans Went to Obama Backers

Can anyone say that's why Obama won't release any real records about Solyndra??????

 

[naturegirl]

No surprise here, it's always been about 0bama donors.......it's the Chicago way. You scratch my back, I'll scratch yours.

Oh BTW, they have released "some" Solyndra records, the ones they don't mind everyone seeing. They don't have to release the rest, 0bama says so.

 

[NYcarbineer]

Why would green energy companies be donating to Republicans, who would be happy to kill the green energy industry?

 

[teapartysamurai]

No surprise here, it's always been about 0bama donors.......it's the Chicago way. You scratch my back, I'll scratch yours.

Oh BTW, they have released "some" Solyndra records, the ones they don't mind everyone seeing. They don't have to release the rest, 0bama says so.

Oh, I know they have released "some" records. None that matter, though!

 

[teapartysamurai]

Why would green energy companies be donating to Republicans, who would be happy to kill the green energy industry?

Are we dyslexic today?

 

[daveman]

Why would green energy companies be donating to Republicans, who would be happy to kill the green energy industry?

Do you really think that investing taxpayer dollars in an industry where the biggest return on investment is leftists feeling good about "saving the planet" is a good idea?

Of course you do. Obama can do no wrong.

 

[naturegirl]

Why would green energy companies be donating to Republicans, who would be happy to kill the green energy industry?

Green energy companies aren't about "green", they're about how much $ 0bama can give them. A business needs to make it on it's own...........or not.

Government needs to stay out of the private sector, they've already proved they have no idea how to make profits, they spend too much.

 

[teapartysamurai]

Why would green energy companies be donating to Republicans, who would be happy to kill the green energy industry?

Do you really think that investing taxpayer dollars in an industry where the biggest return on investment is leftists feeling good about "saving the planet" is a good idea?

Of course you do. Obama can do no wrong.

As I keep telling my husband who thinks green energy is great.

When they can make wind or solar power, drive a car or fly a jet, then I'll believe it works.

 

[daveman]

Why would green energy companies be donating to Republicans, who would be happy to kill the green energy industry?

Do you really think that investing taxpayer dollars in an industry where the biggest return on investment is leftists feeling good about "saving the planet" is a good idea?

Of course you do. Obama can do no wrong.

As I keep telling my husband who thinks green energy is great.

When they can make wind or solar power, drive a car or fly a jet, then I'll believe it works.

Oh, but poor people can go buy a $70,000 Tesla!

There is simply no alternative source that will replace the 50% of our electrical power that comes from burning coal. Except, of course, for nuclear, but the environazis have refused to allow that.

They're simply not serious about energy independence. It's all about emotionalism for them.

 

[RetiredGySgt]

The left had a shit fit when Government contracts were given to a Company that Vice President Cheney had once worked for, Even though he no longer worked for the, even though his portfolio was run by a blind trust.

They howled for 8 years about it. Only stopping when Obama let the same contracts to the same company.

BUT they don't mind when Obama openly gives money to his supporters.

 

[Full-Auto]

Why would green energy companies be donating to Republicans, who would be happy to kill the green energy industry?

Because repubs wont give them unconditional loans that allow giant bonuses when they intentionally give tax payers the shaft. As long as some of the stolen money makes it to DNC coffers clowns like you cheer.

 

[naturegirl]

I've used several different types of solar lights over the years. When you first get them they are great, they start deteriorating after the second year and by the third or fourth they are completely dead, nothing, nada.

So what the Hell are they going to do with all those panels that no longer work?? I'm thinking they'll become like used tires, we'll be finding 20x60 ft panels in the woods in rural areas. Solar is only temporary, it only lasts for a short time then it has to be replaced. So how "green" is it really??

 

[occupied]

…These programs might be the greatest—and most expensive—example of crony capitalism in American history.

=====

The Iraq war takes that record and will probably never be topped.

 

[RetiredGySgt]

…These programs might be the greatest—and most expensive—example of crony capitalism in American history.

=====

The Iraq war takes that record and will probably never be topped.

And yet the Democrats supported it The Democrats let contracts to the exact same companies that the Republicans did. Obama and his administration let contracts to the exact same companies.

Care to provide us with ANY connection to a Republican and Government money spent on Iraq? If you say Cheney perhaps you can explain how he was benefited when he did not work for the company and his portfolio was run by a blind trust?

 

[PoliticalChic]

When President-elect Obama came to Washington in late 2008, he was outspoken about the need for an economic stimulus to revive a struggling economy… After he was sworn in as president, he proclaimed that taxpayer money would assuredly not be doled out to political friends… …

But an examination of grants and guaranteed loans offered by just one stimulus program run by the Department of Energy, for alternative-energy projects, is stunning. The so-called 1705 Loan Guarantee Program and the 1603 Grant Program channeled billions of dollars to all sorts of energy companies… …

In the 1705 government-backed-loan program [alone], for example, $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers—individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party. The grant and guaranteed-loan recipients were early backers of Obama before he ran for president, people who continued to give to his campaigns and exclusively to the Democratic Party in the years leading up to 2008. . . . . .

…These programs might be the greatest—and most expensive—example of crony capitalism in American history. Tens of billions of dollars went to firms controlled or owned by fundraisers, bundlers, and political allies, many of whom—surprise!—are now raising money for Obama again.

Report: 80% of DOE Green Energy Loans Went to Obama Backers

Can anyone say that's why Obama won't release any real records about Solyndra??????

1. “On March 3, 2007 USA Today ran a piece on then-Senator Obama regarding two stocks in his portfolio. Obama was running for President and his critics were stating that the Senator may have been involved in insider trading, cronyism, using his position for personal gain, etc. Basically the media ran this story for a day, and then kissed it goodbye. Could you imagine the outrage if these same set of circumstances involved a Republican running for President?”
Obama the Investor

2. And, from the original AP story:
WASHINGTON — Democratic presidential candidate Barack Obama said Wednesday he was not aware he had invested in two companies backed by some of his top donors and said he had done nothing to aid their business with the government. The Illinois senator faced questions about more than $50,000 in investments he made right after taking office in 2005 in two speculative companies, AVI Biopharma and Skyterra Communications.

3. Obama purchased $5,000 in shares for AVI, which was developing a drug to treat avian flu. Two weeks after buying the stock, as the disease was spreading in Asia, Obama pushed for more federal funding to fight the disease, but he said he did not discuss the matter with any company officials.

4. Obama also had more than $50,000 in shares of Skyterra, a company that had just received federal permission to create a nationwide wireless network that combined satellite and land-based communications systems. Among the company’s top investors were donors who raised more than $150,000 for Obama’s political committees, the New York Times reported Wednesday.

5. Obama said he didn’t invest in a qualified blind trust because it wouldn’t enable him to limit which companies he invested in, such as those in the tobacco industry and other areas that he did not want to support. USATODAY.com - Obama faces questions on his investments

6. Obama with coincidental investment connections. Obama who was an upside down borrower on his condo. Obama who just got a little “boneheaded” advice from convicted felon Tony Rezko when he bought his mansion in Chicago. Obama the Investor

7. Skyterra doesn’t ring a bell? Well, how about under its new name: LightSquared? “Reston-based satellite company SkyTerra Communications Inc. re-emerged July 20 as LightSquared,…” SkyTerra, now LightSquared, enters the national 4G race - Washington Business Journal


Just another crook.

 

[skookerasbil]

A coincidence...............

But only to the k00ks.

Green energy has been a scam from day 1. It'll always be a fringe market, but support for it gets all the nutters sending in $$ to the Dums. Works every time!! The again......what far left assholes ever gave a shit about the taxpayer as long as their k00k idea's come first!!

 

[jillian]

Can anyone say that's why Obama won't release any real records about Solyndra??????

did it ever dawn on you nutbars that obama donors are more likely to be green than lunatic rightwingnut fringers?

nah... that would require thought on your part.

as for your question?

do you have any idea why bush/cheney outed a CIA agent?



now which is more important, loon?

 

[Conservative]

The left had a shit fit when Government contracts were given to a Company that Vice President Cheney had once worked for, Even though he no longer worked for the, even though his portfolio was run by a blind trust.

They howled for 8 years about it. Only stopping when Obama let the same contracts to the same company.

BUT they don't mind when Obama openly gives money to his supporters.

It's just different. Don't you know that?

 

[Full-Auto]

Can anyone say that's why Obama won't release any real records about Solyndra??????

did it ever dawn on you nutbars that obama donors are more likely to be green than lunatic rightwingnut fringers?

nah... that would require thought on your part.

as for your question?

do you have any idea why bush/cheney outed a CIA agent?



now which is more important, loon?

so all the points of the thread went over your head.

Shocking!!! NOT!!

 

[skookerasbil]