Crony capitalism and political payback in the form of green energy company subsidies (spelled “bailouts at taxpayer expense”) continue.

 

By Warren Beatty at American Thinker

EXCERPTS:

George Kaiser,……… of Solyndra’s ………. big Obama backer,………. $50,000 and $100,000 for Obama’s initial election campaign. ………. donated $53,500 to Obama’s 2008 … campaign. ………..  executives and board members donated $87,050 to Obama’s 2008 election campaign.

 

…………… a $737-million loan for SolarReserve  ……………………… number-two man is Ronald Pelosi, ……. Nancy Pelosi’s brother-in-law.

 

Abound Solar, …… $400-million loan guarantee  ………….. ratings company Fitch determined that Abound would be a “highly speculative” investment …………..

………… a very large Abound Solar investor.  Stryker has given $500,000 to Democrats ……. as well as large contributions to Obama’s 2008 campaign, his inaugural fund, and his 2012 re-election campaign.

 

A123 Systems, a Michigan lithium ion battery maker, received a $390-million subsidy from the DOE. …………. anyone believe that A123 would have gotten the DOE subsidy had Granholm not been governor of Michigan?  ……. new, green Granholm-Obama economy …… based on favors to the politically connected.

 

Fisker Automotive ………… $528.7-million loan ………. Al Gore is a Kleiner Perkins senior partner. Top Kleiner Perkins executives have given more than a million dollars ……….. most of it going to Democrats.  Obama himself has received $19,000 from Kleiner Perkins employees.

 

FULL ARTICLE

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