Barry gazes at a solar panel while thinking how much payback money Solyndra is going to give to the Dem party for his re election.
Posted on 10/01/2011 9:05:31 AM PDT by COUNTrecount
It now appears that the Energy Department was something of a haven for Obama fundraisers who wanted to affect policy after the election.
ABC News is reporting that several Obama fundraisers found themselves helping out around the place. Some of them had ties to green energy projects that DOE ended up supporting.
Well known already is DOE’s precipitous and calamitous decision to fund Solyndra, which was backed by Obama fundraiser George Kaiser.
Also known is that another Obama fundraiser, Stephen Spinner, was involved in advising on the Energy Department’s loan program. His wife’s law firm represented Solyndra, but the firm claims she had recused herself from work with the company.
DOE is trying to minimize Stephen Spinner’s role, while Spinner tried to maximize it, ABC reports.
Damien LaVera, an Energy Department spokesman, described Spinner as someone who had “no role” in evaluating loan applications or selecting recipients.
Spinner described his job differently. He wrote in an online bio for the Center for American Progress, the left-leaning think tank he joined after leaving the administration, that he “helped oversee the more than $100 billion of loan guarantee and direct lending authority” for the department’s green-energy loan program.
Meanwhile, yet another Obama fundraiser has popped into the mix, according to ABC.
California venture capitalist Steve Westly, who raised more than $500,000 for Obama, had Secretary Chu’s ear on green energy issues as a member of a high-level volunteer advisory panel. Mackey Dykes, who was a finance manager for the Obama campaign, was hired to be the liaison between the Energy Department and White House. Each declined interview requests.
Westly has held stakes in at least five companies that have won DOE support.
Fundraisers are often awarded by presidentis with ambassadorships and ceremonial titles. But President Obama, who talked much about eliminating money from politics and halting the “revolving door” between the private and the public sector, and so forth, appears to have placed money people in position in the government where they had a chance to . . . make more money.
Notice that Westly was the liaison between Energy and the White House. And it’s clear someone at the White House pressured OMB to reluctantly sign off on the Solyndra loan guarantee, which will cost taxpayers $500 million in the wake of Solyndra’s failure.
There is much more to come. More names will surface.
Who in the White House pressured OMB? What were this person’s ties to the Obama fundraisers?
If this were Dick Cheney energy policy, the Democrats would surely be screaming for a special prosecutor.
H/T to Doug Ross @ Journal, where I first learned of the ABC story. He has a good summary of the Energygate players.
Barry gazes at a solar panel while thinking how much payback money Solyndra is going to give to the Dem party for his re election.
What is surprisng to me is ABC reporting this.
ABC is probably trying to get out in front in case the rest of the liberal media decides to cover this...not likely.
The New York Times has already pronounced it...”a phony scandal”.
Most of the alphabet soup networks follow the TIMES.
Nancy Pelosi’s brother-in-law is given $737m of taxpayers’ money to build giant solar power plant in middle of the desert
http://www.dailymail.co.uk/news/article-2043282/Nancy-Pelosis-brother-law-given-loan-bigger-Solyndra-solar-plant.html?ITO=1490
Other investors include one of the major investors in Solyndra, which is run by one of the directors of Solyndra.
_______________________
This is worse than it sounds because an exec from Solyndra has moved over to Crescent Dunes, Pelosi’s company (presumably he will be made whole from any Solyndra losses).
Perhaps ABC honestly thinks “this is no worse than what Republicans do.”
Now will she have someone in the EPA running interference for her, so that worries about desert cactuses and tortoises won’t prohibit building this thing? Or will there be turf (or should I say sand) wars?
Energygate - another name for Democrat inbreeding!!
A slightly different ring at the same Democrat circus with a minor shift in the roster of clowns. The rest of us are shoveling up the circus animal effluence.
Al Gore set up global warming while in office and made $100M in 8 years. Looks like the rats wanted to get the energy market cornered to make trillions of dollars and stay in power forever.
California venture capitalist Steve Westly, who raised more than $500,000 for Obama, had Secretary Chu's ear on green energy issues as a member of a high-level volunteer advisory panel. Mackey Dykes, who was a finance manager for the Obama campaign, was hired to be the liaison between the Energy Department and White House... Westly has held stakes in at least five companies that have won DOE support."Corrupt As Al Gore" ping.
How many crimes does this crook from Chicago radical have to commit to get impeached? Morris said he heard Obama will step down in Jan. if things are still bad. How about Obama will have to resign or face an impeachment trial with his entire cabinet and admin old and new?What happens when a POTUS committed a real crime and then resigns?They get a get out of jail free card in exchange for they’re race card?
Isn’t ABC the Hillary network?
Solyndra loan guarantee, which will cost taxpayers $500 million in the wake of Solyndra’s failure.
You could have just as easily written "the government," but you didn't. Thanks!
Barry gazes at a solar panel while thinking...
Hmmmm, make them for $6 sell them for $3
make up the difference by selling in volumn,
that’s the ticket. This business stuff is easy.
Does anybody but me think this is a BIG money laundering scam?
Rush thinks it’s a big money laundering scheme.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.