Obama Gave Billions to Green Energy Companies with Ties to His Administration and 2008 Campaign

The Gateway Pundit ^ | 2/16/2012 | Jim Hoft

[tobyhill]

Overall, the Post found that $3.9 billion in federal grants and financing flowed to 21 companies backed by firms with connections to five Obama administration staffers and advisers.

Obama’s program to invest federal funds in start-up companies — and the failure of some of those companies — is becoming a rallying cry for opponents in the presidential race. Mitt Romney has promised to focus on Obama’s “record” as a “venture capitalist.” And in ads and speeches, conservative groups and the Republican candidates are zeroing in on the administration’s decision to extend $535 million to the now-shuttered solar firm Solyndra and billions of dollars more to clean-tech start-ups backed by the president’s political allies.

White House officials stress that staffers and advisers with venture capital ties did not make funding decisions related to these companies. But e-mails released in a congressional probe of Obama’s clean-tech program show that staff and advisers with links to venture firms informally advocated for some of those companies.

David Gold, a venture capitalist and critic of Obama’s investments in clean tech, said that even if staffers had been removed from the final decision-making, they had the kind of inside access to exert subtle influence.

[sappy]

mindless leftists numbnuts will never pay attention to these stories.

[SandRat]

All in Chicago Mob Style.

[molson209]

His months and months of Green Job speeches were just a scam to fill the pockets of his friends and today he starts again with the green energy scam

[BenLurkin]

The Democrat Party is turning America into a kleptocracy.

[pabianice]

Obama has $50,000 invested in LightSquared, a comm company that just capsized.

[andy58-in-nh]

And why, pray tell, isn't this a screaming RED HEADLINE scandal?????

[bigbob]

Before long you’ll be able to add Harbinger Capital and it’s junkscience Lightsquared broadband fiasco to the trash heap of Obama ideas. Even the regime’s own NTIA and FCC can no longer defend this boondoggle and it’s quickly going under the bus.

[Tzimisce]

Why don’t you little people shut the hell up and pay your taxes?

Your hard working government is broke.

/sarc(???????????????)

[oiler]

Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron-Bush-Ken Lay-Enron

[oiler]

Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton-Cheney-Halliburton

[palmer]

I thought Halliburton is doing pretty well.