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Obama Fundraiser Llnked To Loan Program That Aided Solyndra The revelation is likely to spur new inquiries about the solar company's political influence. Separately, California lawmakers seek investigation of a state tax break the firm received. By Matea Gold and Stuart Pfeifer September 17, 2011 The White House faced mounting political complications as a second top fundraiser for President Obama was linked to a federal loan guarantee program that backed a now-bankrupt Silicon Valley solar energy company, and as two California lawmakers called for investigations of a state tax break granted to the firm. Steve Spinner, who helped monitor the...

In this May 26, 2010 file photo, President Barack Obama, with Solyndra Chief Executive Officer Chris Gronet, looks at a solar panel, during a tour of Solyndra, Inc., a solar panel manufacturing facility, in Fremont, Calif. Solyndra received a $535 million loan from the U.S. government has announced layoffs of 1,100 workers and plans to file for bankruptcy. (WaPo) Top Obama bundler George Kaiser made multiple visits to the White House in the months before the company was granted a $535 million loan from the government. iWatch News reported, via Free Republic: The i Watch News investigation confirmed that at...

Solyndra - The Obama connection I wrote about the solar panel manufacturer Solyndra last week; "Government Investment Disaster in the Works" I highlighted all of the negatives that the company was facing. It was pretty clear to me that that company was facing trouble. But I had no idea that they would file Chapter 11 the very next day. (Sometimes you just get lucky) I also made note of some scuttlebutt that George Kaiser (Oklahoma oil billionaire) was involved with Solyndra. I have been looking for a confirmation of this. Kaiser is an important link in this story. He is...

Solyndra, the solar-cell company whose collapse last week triggered a national debate over green jobs, filed its bankruptcy papers Monday, listing $859 million in assets and $784 million in secured loans. The company's biggest lender was the federal government, which loaned Solyndra $528 million in 2009 to build a new factory near its Fremont headquarters. As part of an effort to boost renewable power companies, the government offered Solyndra as much as $535 million for the project, but the factory cost slightly less to build than expected. The government will not, however, be the first creditor in line during Solyndra's...

The Obama administration bypassed procedural steps meant to protect taxpayers as it hurried to approve an energy loan guarantee to a politically-connected California solar power startup, ABC News and the Center for Public Integrity's iWatch News have learned …The Energy Department in March 2009 announced its intention to award Solyndra Inc. a $535 million loan guarantee before receiving final copies of outside reviews typically used to vet such deals. ...The loan guarantee, the administration's first for a clean energy project, benefited a company whose prime financial backers include Oklahoma oil billionaire George Kaiser, a "bundler" of campaign donations. Kaiser raised...

Despite the recent public lashing President Obama gave millionaires and billionaires, in private, Team Obama is once again diving into the pockets of the super rich to fund its campaign. With the 2012 campaign barely under way, Obama has already raised some $35 million from the biggest donors -- so-called 'bundlers' who collect money by the truckload from the wealthy elite. "A bundler is someone who collects checks from other people," said Susan Estrich, a former Democratic campaign manager. "They may be people who work for him, who hired him as a consultant or in many cases, want to do...

The campaign fundraising efforts of President Obama raised $86 million in the past three months from 500,000 people — but at least $35 million of it can be traced to just 244 well-connected supporters who collected contributions from wealthy friends. Just 634 donations from people giving $30,000 or more to the Obama Victory Fund comprise $23 million, while the 1,335 donations the fund received from those giving $250 add up to about $336,000, a Washington Times analysis shows. The campaign has branded itself as a new type of political operation and touted its reliance on a grass-roots network of everyday...

The campaign fundraising efforts of President Obama raised $86 million in the past three months from 500,000 people — but at least $35 million of it can be traced to just 244 well-connected supporters who collected contributions from wealthy friends. Just 634 donations from people giving $30,000 or more to the Obama Victory Fund comprise $23 million, while the 1,335 donations the fund received from those giving $250 add up to about $336,000, a Washington Times analysis shows. The campaign has branded itself as a new type of political operation and touted its reliance on a grassroots network

WASHINGTON (AP) — President Barack Obama's campaign team has signed up an early wave of elite fundraisers who have collected at least $34.95 million combined since April, helping bankroll the president's re-election bid. The Obama campaign on Friday voluntarily disclosed its list of 244 individuals and couples who serve as "bundlers," often wealthy, well-connected donors who raise campaign cash from friends and business associates. The campaign has emphasized its more than 550,000 donors and note that Obama does not take money from political action committees or Washington lobbyists. But the list underscores the role of high-dollar bundlers who helped Obama...

Telecom executive Donald H. Gips raised a big bundle of cash to help finance his friend Barack Obama’s run for the presidency. Gips, a vice president of Colorado-based Level 3 Communications LLC, delivered more than $500,000 in contributions for the Obama war chest, while two fellow senior company executives collected at least $150,000 more. After the election, Gips was put in charge of hiring in the Obama White House, helping to place loyalists and fundraisers in many key positions. Then in mid-2009, the new president named him ambassador to South Africa. Level 3 Communications, in which Gips retained stock, meanwhile...

Former Minnesota Gov. Tim Pawlenty remains little-known beyond his home state, but he has begun to line up wealthy donors, a critical constituency. Even as he draws low single-digit support in early polls, Mr. Pawlenty has amassed a substantial roster of well-connected GOP donors and fund-raisers in his quest for the Republican presidential nomination. Their preference for Mr. Pawlenty could pose a challenge to his GOP rival, Mitt Romney, the former Massachusetts governor who has used experience as a 2008 candidate and background as a private-equity investor to build what is widely regarded as the largest network of high-impact fund-raisers...

Paul Ryan wants to end ALL corporate welfare, and Obama's so-called proposal to reform the tax code will not end corporate welfare. It is a diversion to distract people from pointing out all the corporate welfare that he supports. Secondly, those corporations which receive corporate welfare (from the government through tax dollars) which Obama likes to euphemistically label "investments," may then have freed-up money to offset any tax increases to the heads of those corporations - through the shelling out of bonuses. As John Stossel and several other Libertarians (as well as conservatives and progressives) have reported, more money is...

When the White House announced the federal government would loan $465 million to Tesla, a California start-up company with plans to develop an all-electric sedan, President Obama called it an "historic opportunity to ensure that the next generation of fuel-efficient cars and trucks are made in America." The loan also represented a lucrative opportunity for Steve Westly, a major investor in the car company who had raised more than $500,000 for the president's campaign. In 2009, the U.S. Department of Energy lent more than half a billion dollars to companies backed by Westly's California venture capital firm. In 2010, the...

No phony businesses or great train escapes in this one, alas, but on the upside it’s much easier to follow the money. One HillRaiser suspected of laundering contributions through frontmen is a fluke; two is a pattern. When Hillary Rodham Clinton held an intimate fund-raising event at her Washington home in late March, Pamela Layton donated $4,600, the maximum allowed by law, to Mrs. Clinton’s presidential campaign. But the 37-year-old Ms. Layton says she and her husband were reimbursed by her husband’s boss for the donations. “It wasn’t personal money. It was all corporate money,” Mrs. Layton said outside her...

Clinton Campaign Vows To Check Contributions Solicited by Supporter BRISTOW, Va. -- When Hillary Rodham Clinton held an intimate fund-raising event at her Washington home in late March, Pamela Layton donated $4,600, the maximum allowed by law, to Mrs. Clinton's presidential campaign. But the 37-year-old Ms. Layton says she and her husband were reimbursed by her husband's boss for the donations. "It wasn't personal money. It was all corporate money," Mrs. Layton said outside her home here. "I don't even like Hillary. I'm a Republican." The boss is William Danielczyk, founder of a Washington-area private-equity firm and a major fund-raising...

A federal grand jury indicted two Virginia men on Wednesday for allegedly trying to illegally reimburse donors who gave to Hillary Clinton’s senate and presidential campaigns. The Department of Justice (DOJ) has accused the two men, William Danielczyk and Eugene Biagi, of paying back $186,600 in contributions to the senate and presidential campaign committees of a candidate for federal office, and obstructing the Federal Election Commission (FEC) and the FBI.

Took less than a month for former Huffington Post CEO Betsy Morgan and Managing Editor Scott Baker to go huffing and puffing all over The Blaze. The Blaze, now cutting a break for Code Pink in Cairo, should check in with writers Andrea Shea King and Kristinn Taylor who got it right (no pun intended). Is it HuffPo at the helm that is portraying Code Pink rabble rousers as Obama enemies? Note to Glenn Beck: Code Pink is not Global Citizen Barry Soetoro’s enemy. They are right up his wazoo. Big time.

12, 2008 EXCLUSIVE: Who is Mohammed Al-Churbaji?:; Islamic Terrorist "Mr. Mom" Mohammed Al-Churbaji, Dad of Obama Fundraiser Worked for Azzam, Bin Laden * How hard it is to get rid of known terrorists in our midst and how easy it is for a deported Al-Qaeda terrorist to return to America; * How corrupt U.S. embassy officials get away with re-admitting terrorists into the U.S.; * How easily terrorists and their families gain acceptance by our society, including the Barack Obama Presidential campaign; * How America's universities are not tools of moderation for Muslim foreigners, but breeding grounds for terrorist fraternization...

Let’s all go!

Amy Goodman of the Marxist Democracy Now! network reported yesterday on the arrest of a “leading Democratic donor” named Hassan Nemazee. Here is the story, in its entirety: Back in the United States, a leading Democratic donor has been arrested and charged with seeking to defraud the financial giant Citibank. Hassan Nemazee is accused of submitting forged documents to secure a $74 million loan. Nemazee has given at least $150,000 to the Democratic Senatorial Campaign Committee since 2006 and supported several other leading Democratic politicians. Not much to sink your teeth into there. Could it be that Goodman is downplaying...