“Green” funds for campaign contributors continues

October 24, 2011 07:12


Kleiner Perkins partner John Doerr hosted President Obama at a February dinner for high-tech executives at his secluded estate south of San Francisco. Doerr and Kleiner Perkins executives have contributed more than $1 million to federal political causes and campaigns over the past two decades, primarily supporting Democrats. …. Another politically connected electric carmaker that has fed at the federal trough — to the tune of $465 million — as part of this program is Tesla Motors, whose Roadster starts at a cool $109,000. …. Tesla board member Steve Westly is an Obama bundler who raised hundreds of thousands of dollars for him in 2008 and for his 2012 re-election campaign. -IBD Editorials

From IBD Editorials

EXCERPTS:

.. the recipient of another half-billion-dollar loan to build electric cars is outsourcing the work and any jobs that might be created or saved to Finland.

Fisker, a year behind in its production schedule , has produced 40 of the $97,000 Karmas and delivered two, one to “Titanic” star Leonardo DiCaprio.

Another politically connected electric carmaker that has fed at the federal trough — to the tune of $465 million — as part of this program is Tesla Motors, whose Roadster starts at a cool $109,000.

As ABC News reports, former Tesla board member Steve Westly is an Obama bundler who raised hundreds of thousands of dollars for him in 2008 and for his 2012 re-election campaign.

Tesla’s founder and CEO, Elon Musk, is a hearty political contributor who has primarily backed Democrats, including Obama. According to published reports, another Tesla investor is Nick Pritzker, a donor to Obama and a cousin of Penny Pritzker, the national finance chairwoman of Obama’s 2008 campaign.

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