Obama used $timulus as a giant ATM to pay back favored constituencies

August 21, 2012 09:25

[Obama’s] campaign bundlers and major Democratic donors received $16.4 billion of the $20.5 billion in loans and grants doled out under “green stimulus” programs run by Obama’s Energy Department. – IBD



From Investor’s Business Daily


In recent weeks, more revelations show just how corrupt our now-permanent “stimulus” culture is:

• … Harry Reid [] fought on behalf of a Chinese-owned energy company, ENN Mojave Energy LLC, …. Reid’s son Rory is one of the attorneys representing ENN Mojave.

• Joe Hynansky … won a loan of up to $20 million backed by the U.S. government to build a luxury foreign auto dealership in . . . Ukraine. … Hynansky’s family [] donated more than $64,000 to .. Obama’s and Biden’s .. campaigns.

•  …. a key aim of ObamaCare is to unionize 21 million health-care workers — …. Any surprise organized labor has given Obama and other Dems hundreds of millions of dollars in the last decade?

… Solyndra and other politically connected “green energy” firms that squandered billions of dollars of taxpayer money, to the billions of “stimulus” paid out to states to bolster unionized state employees’ benefits and pay.




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