Pay To Play? – Its the Chicago way

September 19, 2011 05:32

Kaiser Family Foundation 2009 grant to Michelle Obama’s ‘Urban Health Initiative’ sparks more Solyndra ‘crony capitalism’ questions – Daily Caller

By Matthew BoyleThe Daily Caller


A Daily Caller review of the George Kaiser Family Foundation’s income tax returns found that during the same year billionaire investor George Kaiser successfully secured $535 million in government loan guarantees for the now-failed solar panel manufacturer Solyndra, his private philanthropy donated to a political cause close to the hearts of several high-ranking Obama administration officials.

George Kaiser’s four White House visits during the week before Solyndra secured its $535 million loan guarantee — and his $53,500 in donations to the president’s 2008 presidential campaign – have drawn scrutiny from critics questioning whether the Obama administration engaged in political favoritism. Now Kaiser’s philanthropic gift to one of Michelle Obama’s public health projects is another indication of what may amount to a White House fully engaged in crony capitalism.

[Editor’s note: They used to call it bribery]


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