80% of ‘Green Energy’ Loans Went to Top Obama Donors
by Wynton HallWith Energy Secretary Steven Chu set to testify Thursday before the House Energy and Commerce Committee about the government’s $573 million loan to failed solar panel maker Solyndra, an explosive new list of energy loan amounts to President Obama’s top fundraisers, bundlers, and supporters has been released by Breitbart editor Peter Schweizer, author of Throw Them All Out.
As the list reveals, 80 percent of all $20.5 billion in Department of Energy loans went to President Obama’s top donors. Furthermore, some of those dwarf in size those given to Obama bundler George Kaiser, owner of the now defunct Solyndra.
The list—which features the likes of Google owners Larry Page and Sergey Brinn, Robert F. Kennedy Jr., Ted Turner, John Doerr, and Al Gore—raises new questions about the procedures used to administer the now-controversial DOE loans.
Obama Bundlers_ Large Donors_ and Supporters fixed pdf
Schweizer’s list stands in sharp contrast to President Obama’s promise that the allocation of all federal “stimulus” monies would be nonpartisan and fair: “Let me repeat that: Decisions about how Recovery money will be spent will be based on the merits. They will not be made as a way of doing favors for lobbyists,” Obama said in 2009.
But as Schweizer’s charges in his book, Throw Them All Out, [link] the Obama Administration may be guilty of “the greatest—and most expensive—example of crony capitalism in American history.”
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150 Comments
ONLY 80%?
80% of 'Green Energy' Loans Went to Obama's Top Donors…..this surprises who???
“Let me repeat that: Decisions about how Recovery money will be spent will be based on the merits. They will not be made as a way of doing favors for lobbyists,”
It depends on what the definition of lobbyist is.
Is a bundler a lobbyist?
YOU DON'T SAY!!!!!!!!
This fraud…this Muslim…this puppet of the Bilderberg…Obama the Bush…aka the Chameleon N' Chief…aka the LIar N' Chief…aka the FlimFlam Obamaman needs to go real soon!
He is following the agenda of his puppetmasters to take America down at any cost! Just do it they tell him…and he is trying!
Keep fighting…America…they may have put their puppet in the highest position in our land…but they never…ever encountered determined Americans like we are! We are determined…we are united…we are going to win this war he has waged against the American people….because we are RIGHT!
IMPEACHMENT, THE 'ORIGINAL' KENYAN BIRTH CERTIFICATE OR THE USE OF A FAKE SS#…IT IS JUST A MATTER OF TIME AND NOW IS THE TIME!
~~~
IS SHERIFF ARPAIO (AZ) FINALLY GETTING TO THE TRUTH…
http://www.wnd.com/index.php?fa=PAGE.view&pag...
Welcome to the new Normal and Expected. This is the way it's been done in Chicago and Springfield for generations — which is where Obama comes from.
Why should Washington be any different?
OMG = "Obama must go"
Looting the tax payer at breakneck speed and it's all legal,just ask Obama,he'll tell you it's all legal.
DOE = Department Of Effing crooks
You don't say…
I think we've figured out already that when Obama promises he will do or won't do something he will do the opposite. Most corrupt presidential administration ever!
Will somebody PLEASE make out arrest warrants for this regime and prosecute to the fullest?My God they ran Nixon out of office because a few idiots broke into an office and got documents they already had, h*ll they never took a dollar.This regime is robbing us blind and in the open.
This might be a little bit of a slanted assessment simply because the vast majority of green companies ARE democrats. How many conservative based green companies are out there? And so I would imagine a good majority of those democrats would have contributed funds to Obama.
Imagine Bush gave money to abstinence education outfits. I would imagine the vast majority of those groups would be conservative and would have given dollars to Bush.
So if you're doing any kind of business with a green company you're probably doing business with a proggie.
That's not defending these actions BTW. The gov should never be giving money out to anyone.
This is a colossal waste of tax payers money. All people involved should be brought up on charges. The only thing is that Holder's Justice Dept is just as corrupt!!!!!!!!!!!
Congratulations 0bama, you pissed away more money than Madoff.
Is there anyone in Washington DC that isn't on the take, or stealing from the state–?
Well, well………doesn't that make you wonder what the other 20% did for him?
This is what "going green" really means: taking my money and keeping it just because you have the right political connections; not because you make a product that I care to buy myself; and looking at Solyndra, not much of anyone wants to buy.
A bundler is a warm and fuzzy lobbyist.
Kinda like a Man Caused Disaster is a warm and fuzzy act of terrorism.
The democrat party is without a doubt a criminal enterprise. obama should be impeached.
Gosh – I think if we all stop paying taxes to the Fed Gov't, we just might have a chance. Yep – I'm serious.
Imagine millions of peeps just stop paying. Talk about a "Cloward and Piven". States secede – walla –
NO more Fed Gov't. Works for me.
Can you tell I've "had it"? I'm done with these bastards. There is no hope. They can't even admit they've a spending problem, let alone a corruption problem (insider trading, porkulous programs, lobbyists and the like). The only thing DC needs is a ton of tar and feathers ….and hundreds of gallows to be placed on the Mall.
Not a bit surprised… Pay to Play the Chicago Way.
At what point is there complete rioting and torching of Washington D.C.
I feel like a sucker for playing by the rules.
You got "what going green really means" right …. it's taking money for nothing … wonder if the chicks are free, too!!
Umm, yes. And sedition is free speech.
When can we call this for what it is????? A fleecing of the public's trust and treasury!
I believe a total tax revolt is coming. So much stealing from the American people being exposed ALL AT ONCE, is really amazing. Just what we the Tea have been saying all along..They Are All Crooks. This insider trading fiasco is a really good chance to replace some of these asshats, but, in the end, we may just have to tear up their credit card instead.
"Going green" means Your Green is going.
The most transparently felonious administration in history.
Bernie Madoff would blush if he tried all this.
When does it end with these thieves?
OMG – That's fantastic! Big thumbs for you.
And 80% of Military spending went to Dick Cheney's former company. Nothing new here. Washington is as corrupt as ever.
I've been thinking the same thing. January 1, 2012 should be "Lower Your Federal Taxes Day." Everyone should change their W-4's to withhold at the lowest rate possible. Then let Uncle Sam sweat out 2012 thinking there will be a gigantic dip in tax revenue, and pay your 2012 taxes via estimated tax.
MWAHAHAHAHA!
Green energy is a scam and a joke. We should be building nuclear power plants and all research dollars should go into areas that have shown some promise, like geothermal, and not into proven failures, like solar. Solar panels take decades before they pay for themselves financially, and most will NEVER pay for themselves as far as their carbon footprint. Solar panels made in China are made using energy produced from highly polluting low quality coal. But like everything associated with progressivism, only the intentions count.
The first four illogical tenets of progressive logic.
1) Symbolism over substance.
2) The seriousness of the charge trumps the nature of the evidence.
3) Motives matter more than results.
4) The ends justify the means.
Feel free to add others, I'm sure there are plenty.
I'm with you. I can barely read the news anymore because it is glaringly obvious what is coming next. I never thought, ever in my life that I would have had to prepare for a Communist takeover of my country. It is not only happening, it is nearly complete.
Your idea is the single best idea to stop this I have ever read, making it happen is the challenge.
Regardless of whether or not your claim is true (which it's not), at least the military operates as advertized. Green energy is a JOKE. Check this out … http://search.yahoo.com/r/_ylt=A0oGdUXQm8VOIhEAfJ...
How much energy has to be used to drive around and remove the ice? Not to mention injuries and property loss due to accidents the silly 'efficient ' lights cause. But it's the thought that counts (Progressive illogical rule of logic #3, motives matter more than results), right?
I won't wax poetic about progressive vs conservative logic, but I will say we need to clean Washington out from head to toe.
Term limits, lobby killing legislation where breaking the law is punishable by immediate disbarment and exclusion from public office, no donations from corporations, 100% public funding with individual donation limits, no more PACs, and from now on you're no longer allowed to campaign until 4 weeks before the first vote is cast.
Obama was inculcated into the Chicago Mafia via the projects, basically taking blacks out of rent controlled homes so the property developers could get rich. In 2002 he was on the board of the corporation that created the Chicago Carbon Exchange. This is ultimately a Goldman Sachs play to replace the mortgage scam. This is massive corruption and Obama is being shown up for being a poor quality 'Manchurian Candidate'.
And where is the MSM outrage??? They are slitting their own throats as their credibility and readership plummets.
What a surprise???
The other 20% weren't "top" donors.
I don't see Kennedy's $1.5 billion gift on this list. Why can't we demand it back. . . and the other paybacks to donors from BO. I'll bet the special committee would have no trouble if they defined themselves as a 'recovery committee' and demanded repayment for those who bribed the Rats.
'…went to Dick Cheney`s FORMER company…." what a difference one word makes. D.C. stands for district of corruption, but there is a difference between a company providing a service or product AS CONTRACTED, and a group of people getting taxpayer loans( with no oversight) simply because they put on knee pads at election time. http://www.starznbarz.com
Andrew, can you have your folks work up another chart that shows the interest rates/terms of these loans, as well as the ratio of payments made / loan repayment in full / default? I would be curious to compare them to , say, public home foreclosure /business loan failure rates. http://www.starznbarz.com
Money very well spent. Green technology money? Throwing money in a hole never to be seen again with no valuable results. Yeah, I'll take the money spend on military any time.
So? SPENDING is different from defaulted LOANS. You know… with SPENDING you actually get a service in return. Not so with DEFAULTED LOANS which were given to shell companies who never would or COULD do anything in the first place. Besides, you should not complain about Halliburton at all. I am sure you own some of their stock in one of the mutual funds held in your 401k or pension. Idiot.
It is as I had ALWAYS said about the bailout cash… it was NOTHING more than a slush fund to be distributed to Obama cronies.
80% of military spending went to Haliburton? Yeah, I'm gonna have to call you on that bullsh**, drone.
Obama was put in the WH to loot.
No, and there are plenty more where they come from at the state, county, and local level. If there were ever a time for a real clear message to be sent to all public servants it is NOW.
I couldn't agree more with you. If you follow the rules and laws your the one who seems to be paying the real price. Makes my blood boil just thinking about it.
…And don't forget, we're gonna reward our friends and punish our enemys!
That's just " green loans ". The unions got $650 billion in green backs!
Don't feel like a sucker for playing by the rules.We just need to switch to their rule book,"Rules for Radicals" and namecall, and lie and cheat and on and on. We try to play by"DO WHAT'S RIGHT", and they play by," whatever it takes, no barrs hold".
when the vault is empty.
Well, duh — the entire phony stimu-less was not an economic policy — it was a plundering of the US Treasury to redistribute wealth from society's producers to the good-for-nothing parasites of the Democrat base.
My Grandfather used to say," the media in Russia is controlled and only says what has been approved for the public to hear".
They long ago stopped pretending to be objective. There is no credibility left to lose.
Well stated. This is the best argument for small government. When half the county wins or loses on the basis of the last election, there is something terribly wrong.
D-bag. About 80% of military spending goes toward wages and benefits.
Hope you are right, but I am afraid all these losers have stacked the courts and prosecution and then will simply walk.
"Solyndra postpones sale until January, seeks better bids" from: http://news.yahoo.com/solyndra-postpones-sale-unt...
Shocking! But really, if you owned a "green" energy company, who would you try to get elected. These companies can't compete, or even exist, without government money. I don't see them ever supporting free marked politicians.
You are probably dead on in that assessment, CB, and we should keep this in mind because they will attack us on the same basis. Your last line is correct as well. If the government wants to get involved in any technological endeavor it should be limited to research in universities or wholly government run labs with the results available to American companies first.
) should never be done!
Just giving money to private enterprise, particularly those with investors who are already incredibly rich (seriously, lend money to Google owners??!! Why not just pay China to do the research? What's that? We do?
It's interesting that progressives will take advantage even when they know the project is a loser and will only pay off if they get the government involved and, like you say and I suspect is true, conservatives don't swing that way! Or are we just stupid? I like to think we have a conscience.
"wonder if the chicks are free, too!!"
LOL. You want some MTV too? :>)
And it is too bad that the bulk of the enemies list are the people of the US of A.
They can't lock everybody up, Petro. If just 20% of the taxpaying population agreed to do this, maybe even 10%, it would throw them into chaos! I'm convinced, there would be no punitive action as long as the witheld taxes were paid at a later date after demands are met.
Look at the initial backing of OWS had and they (the demonstrators themselves) only represent less than 1% of the population!
The problem is, most people do not have control of their taxes. They are taken off by the employer which would have them take the brunt of any government action. They are a much smaller group!
Claiming "12" on the dependency line would do it Nick.
We do outnumber Liberals 2 to 1. But they are in power and control the courts, schools, the DOJ and the worst of all…………….they count the votes.
Chicago style visits Washington !
What else would you expect from a community activist elected president .
Too bad the one hand washes the other principle doesnt apply to Owebamas Occupy movement
Washington………….Corruption Central……..Throw the bums out !
Not so fast. I think we are finally getting the real definition of "green". We all thought it had to do with earth friendly (whatever that means) policies. Now we see it is only the color of money.
I like it !
I said it once and I'll say it again. This is the only form of politics Obama knows. He comes from Chicago, Cook Co. and Illinois!
He knows he's worthless and the only thing he's capable of is to reward his buddies with cash. None of his supporters expected another iconic president to emerge, only a president that has no problem doling out the payola. His skin color was only a ruse in order to get to the checkbook.
I'm glad somebody hasn't forgotten the carbon exchange. This is a gigantic plan to transfer wealth around the world with major players like Obama raking in the cash from the trades of credits. It's incredible how sinister this is.
Haliburton's gross sales in 2006 were $22,500,000,000 dollars.
America's military expenditures for the fiscal year 2006 was $499,344,000,000.
The math GENIUS is this $499,344,000,000 – $22,500,000,000 = $476844000000.
So WTF are you talking about? Imbecile. Moron. Liar.
The vast majority may well be Dims (which is itself instructive, because if their were genuine money to be made in Magic Green Leprechaun Energy then conservatives would be all over it)- but by amazing coincidence, these are not just any Dims, but those with direct ties to O'Blarney. The Chicago Way.
Really? I cannot believe this. Does this mean their MIGHT be an inappropriate disbursement of some of the stimulus money? I cannot believe this. Is there any real possibility of this information being true?
ABSOLUTELY.
In fact, I bet IF THERE IS EVER AN INVESTIGATION, Captain Smoke and Mirrors and his anti-American wookie of a beard, will have the other 20% neatly locked away in a vault in Indonesia or Kenya, to the credit of Barry A. Soetoro.
we joke about this, but hey guys n gals….this is really kinda scarey when you think about it….this is the shlt we KNOW about, it will be DECADES b4 we find out everything this traitorous bastrd did to us.
What patheitic delusionals libs are. Halliburton got 80% of the defense budget?
You're just sad.
yeah, somebody's gonna lose their job over that!
it is the core nature of the beast that government is grossly inefficient and self-serving. there is exactly zero chance of ever changing these inexorable facts. our only hope is to make government (relatively) smaller and less able to exert influence over our lives.
yep, 100% of his 'facts' are 100% B***S***.
Hmmmm.. I don't think you need any other reason NOT to vote for Obama in 2012. Looks like it will probably be Joe Biden as the Democratic candidate, anyway–only a heartbeat away.
Heeeey!! How'd that 20% get in there??!!
This is out and out corruption and, if a republican had done this, the looney left would be yell for impeachment. Does anyone hear any calls from the usual suspects? Nope? Neither do I.
If you believe what you say, then you must support all policies to unilaterally reduce the size government. Correct?
He's STOLEN and put away more than Madoff too!
NOBAMA NOW
TREASON is punishable by hanging, no?
Good ideas, but 'THEY' will NEVER let your suggestions happen. After all, how can one amass the fortunes these azzclowns have without some level of corruption?
Man, I really like the 4 week election cycle. My recycle bin at home would not be needed at election time if four weeks was all the time 'they' got to "inform" the electorate.
But he is the best LIAR ever as a US president, don't you agree?
He is rdiculously poor at everything else, but LYING.
And NO TRANSPARENCY or ACCOUNTABILITY….as was promised by the current Liar-In-Chief.
Me, I'm suprised the percentage isn't higher. right now someone at DOE is cleaning out their desk over the "Lost" 20%.
And then only if someone looks into it…..I am 57 and cannot believe we are at this point and no one in Washington is looking at this from any point of view….3% of 860 billion is 25.8 billion that the great Oantiamerica KNEW would be available through government (expected) waste….could make me a criminal…just like Ofakeout is.
When looking for who should be held accountable nobody needs to look any further than here! 'Green Jobs' Adviser's Past Could Stir Trouble for White House at Critical Time Published September 04, 2009
http://www.foxnews.com/politics/2009/09/04/green-...
"The time is near at hand which must determine whether Americans are to be free men or slaves."
George Washington
The Google guys really racked up big time… They got paid off three different times.
not empty now, these curious pieces of paper with Chinese markings…
The Germans had a socialist party where the government picked which businesses won and lost, too.
This is proof positive that the entire lie that is "AGW" is a scam big time and mostly being pushed and benefited by the Democrats and their donors. This Government is so over the top corrupt and they all should be in jail for stealing the peoples' money and freedoms while lining their own pockets.
I stand corrected…you're right…those 20%ers are probably being escorted out of the building as 'Enemys of the (welfare) State'
Terrible post. As indicated above, your math isn't even close to being right. But one would expect sub-par intelligence from a Canadian.
Clinton gave Haliburton that contract. Bush and Cheney had nothing to do with the selection of that company or it's contract to supply these services. Further Cheney is a better person than you will ever be. Half of his income goes to charity. He doesn't say 'charity is the job of government' like damn leftists do. He gives his own money. He doesn't take yours at the end of a gun and give it baby factories who throw men out of the house.
> 80% of this administration's spending has gone to Obama's _____________! Just fill in the blank.
Carter originally created the DOE to make America energy independent. He also created the Department of Education to improve education in America.
Thirtyfive years of failure for both means get rid of them and help save the dollar from collapse.
Is there room enough in the jails?
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