Cancel 2016.2
The Almighty
http://www.thedailybeast.com/newswe...ative-energy-programs-became-green-graft.html
But I am sure those on the left will say this is just coincidence. Right? Nothing to see here, move along.
So an Obama bundler was put in charge of handing out the loans? Well, that explains why so much went to the people he raised money from.
None. NONE of the first 18 were even documented properly? Who is in charge? Mickey Mouse? Oh wait, it was a bundler for Obama that was put in charge... not someone who knew what they were doing.
Hopefully the mainstream media starts highlighting more of this. Especially when Saint Obama is stamping his feet proclaiming how Reps just want to help their friends and screw everyone else over.
In the 1705 government-backed-loan program, for example, $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers—individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party.
But I am sure those on the left will say this is just coincidence. Right? Nothing to see here, move along.
One might think that the Department of Energy’s Loan Program Office, which has doled out billions in taxpayer-guaranteed loans, would be directed by a dedicated scientist or engineer. Or perhaps a civil servant with considerable financial knowledge. Instead, the department’s loan and grant programs are run by partisans who were responsible for raising money during the Obama campaign from the same people who later came to seek government loans and grants. Steve Spinner, who served on the Obama campaign’s National Finance Committee and was a bundler himself, was the campaign’s “liaison to Silicon Valley.” His responsibilities included fundraising, recruiting more bundlers, and managing Obama’s relationship with a cadre of very wealthy donors. After the 2008 campaign, Spinner joined the Department of Energy as the “chief strategic operations officer” for the loan programs. A lot of the money he helped hand out went to that same cadre of wealthy Silicon Valley campaign donors. He also sat on the White House Business Council, which is made up of Obama-supporting corporate executives.
So an Obama bundler was put in charge of handing out the loans? Well, that explains why so much went to the people he raised money from.
The Government Accountability Office has been highly critical of the way guaranteed loans and grants were doled out by the Department of Energy, complaining that the process appears “arbitrary” and lacks transparency. In March 2011, for example, the GAO examined the first 18 loans that were approved and found that none were properly documented.
None. NONE of the first 18 were even documented properly? Who is in charge? Mickey Mouse? Oh wait, it was a bundler for Obama that was put in charge... not someone who knew what they were doing.
The GAO further declared that the Department of Energy “had treated applicants inconsistently in the application review process, favoring some applicants and disadvantaging others.” The Department of Energy’s inspector general, Gregory Friedman, who was not a political appointee, chastised the alternative-energy loan and grant programs for their absence of “sufficient transparency and accountability.” He has testified that contracts have been steered to “friends and family.”
Hopefully the mainstream media starts highlighting more of this. Especially when Saint Obama is stamping his feet proclaiming how Reps just want to help their friends and screw everyone else over.