Top Obama Bundler & Solyndra Investor George Kaiser Boasts of Cashing in On Stimulus Funds (Video)

On May 26, 2011, the White House posted this video praising Solyndra as a Recovery Act success story.

Barack Obama’s gleaming example of green technology – Solyndra – filed for bankruptcy this month. The solar panel manufacturer squandered $535 million of stimulus money in a little over a year.

Why Solyndra?
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. And top Solyndra officials also made numerous visits — 20 — to the White House, according to logs and reporting by The Daily Caller. Solyndra officials in the logs included chairman and founder Christian Gronet and board members Thomas Baruch and David Prend. The company secured the $535 million loan despite the fact that it was widely known Solyndra was in deep economic trouble and had negative cash flows since its inception.

Kaiser said he did not use political influence or talk to administration officials about a massive government loan to Solyndra. However, the Solyndra investor made multiple visits to the White House in the week before the Department of Energy approved a $535 billion guaranteed loan to Solyndra on March 20, 2009


And, now there is evidence that Kaiser boasted about cashing in on the Obama-Pelosi stimulus back in July 2009.
“It’s Time to Cash in on the Mother of All Government Handouts.”
Verum Serum reported:

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  • SSBN 627(B)

    “Cash in”. Aint that sweet. How about if the Oblama dictatorship starts gunning for rich folks to ‘pay their fair share’, other than Republicans?

    I am sick unto death of these hypocritical liberal scum.

  • MrGoodWench

    Its time Hussein put on a yellow tie,
    and wag his finger ,
    and read the following :

  • donh

    Look closely at the top video how many employees are wearing white coats and face masks….They don’t want you to notice they are palestinian immigrants who were employed at $300 per hour so they could wire funds back to Hamas.

  • daryl

    If we find that we’ve elected a useless leech,
    it’s up to the Congress to vote to IMPEACH!

    ENOUGH of this SH*T ALREADY!!!!

  • SSBN 627(B)

    Henry J. Kaiser would obliterate this sorry sack of excrement. Sadly, this country would not support a man of such talent and capability today. Instead we get money-grubbing filth such as this.

  • MrGoodWench

    “It’s Time to Cash in on the Mother of All Government Handouts.”
    A government handout ? A handout ???
    But Biteme said it was about that 3 letter word J O B S
    we had to spend our way to prosperity
    Bush caused Solyndra ….or something.

  • rbosque

    I hope Kaiser likes prison! Maybe if he’s lucky, his bunkmate will be straight.

  • Mark1957

    From the Washington Times today;

    Taxpayers get stuck again, this time for Solyndra’s legal bills.

    U.S. taxpayers risk losing more than a half-billion dollars from the collapse of solar-panel maker Solyndra Inc., but former Massachusetts Gov. William F. Weld and his associates stand to earn a windfall in fees representing the bankrupt company in coming months.
    Two weeks after the company was raided by the FBI, Solyndra filed papers asking a bankruptcy judge to allow it to pay $825 per hour to Mr. Weld, a former two-term Republican governor of Massachusetts who endorsed Barack Obama for president, and lesser amounts to four others at the McDermott Will & Emery law firm, including a former White House reporter turned adviser specializing in crisis management.
    The company wants to employ the law firm as special counsel during Solyndra’s bankruptcy to help it deal with a host of government investigations, records show. In addition to Mr. Weld, the company wants to pay Stephen M. Ryan, a registered lobbyist, former Senate committee general counsel and head of the firm’s government-affairs practice, $775 per hour.

  • Mark1957
  • B-Line

    Does it horrify everyone else, as much as it does me, when you hear people cheering gleefully for the looting of the federal treasury that this man is shown beaming with pride about?

    Rhetorical question, I know.

  • donh

    ” but former Massachusetts Gov. William F. Weld and his associates stand to earn a windfall in fees representing the bankrupt company in coming months. ” Fee Fi Fo Fum …I smell the dung of a Rino named Romney.

  • Dwayne the canoe guy

    The reaction doesnt surprise me. Tulsa is THE liberal pocket in Oklahoma.

  • patman

    “Embarrassed” or caught. Which one is it???

  • Katie

    Looks to me like he has the same nose problem that obama does…sniff! snort!

  • donh

    I noticed that Katie…Kaiser has Obama’s facial poker tells where he rubs his nose and sticks his tongue into his cheeck when his lies reach a climax…….Anyone want to bet Keating 5er Johnny McCain..perpetual rodent of the Rotary Club had a hand in steering these funds ?

  • how much of that money was solyndra willing to launder for the democratic party thru campaign contributions and political activies like television and newspaper ads. i hope the myth got his share before they went belly up.

    anybody thing that guy might have a coke problem.

  • Nanna1

    As a native Okie, I am mortified at this jerk!! Hope he is run out of Oklahoma on a rail, after doing time in an Oklahoma prison!1

  • Ginger

    Three times in one and a half minutes he took his fingers and squeezed his nose! Is that not a sign of Cocaine use? Maybe just a cold! I would had used a kleenex though! Just wondering.

  • Cee

    I am ashamed to have Kaiser as a supposed city leader. He should be smart enough to know that money the government gives out comes from taxes on people not some magic tree.

  • Is Holder going to advised them to plead the fifth and not answer any questions.

  • a former dem

    this makes me sick to my stomach, I have never been this disgusted by a crony as an administration as this one.

  • This sounds like money laundering to me, give a failing company taxpayer money in return they give money back into Obama’s campaign just like acorn did. how many more of these so called loans that we’ve not heard about yet.

  • StrangernFiction

    “there’s never been more money shoved out of the governmnent’s door in world history and probably never will be again then in the last few months and the next 18 months.”

    The campaign ads continue to write themselves.

  • Roy Beans

    It is not Solyndra, Kaiser, or Tulsa that is to blame here. They did what anybody would do when offered money for nothing. They developed a plan (probably a poor one) and submitted the paper work for the grants and then used the money whimsically when they got it. They lobbied for it and greased the wheels to get access to talk to the folks in charge of dispensing the monies. This happens in companies and cities and states all across the country every day.

    The problem is the system of crony capitalism. It applies to good Republicans who run companies and lousy Democrats who run companies. Both get grants and contracts and tax benefits from the government. If you do not enter into the system and make the contacts, fill out the grant papers, and try to get sit downs with the government reps then you are not on a level field with the competition. This system corrupts company and government and swindles taxpayers. It also produces poor innovation, poorer products, and weak companies.

    The US is full of it. Europe is full of it. The Far East is full of it. Almost every country is in debt up to its neck and with the system fully in place there is very little ability to scale it back to save their balance sheets. The people get money from the government, the companies get money from the government, and the government gets its take. Whats left is a battle of whom gets what amount cut and the battles are getting violent. No matter who wins the country is poorer.

    I like Sara Palin. I don’t want her to run for President but I do want her doing what she did in response to the Presidents latest overture; that is to harp on the crony capitalism that is destroying our country. The capitalist system is a brutal system. It is not full of love but it brings out through competition, the best companies and products and services. Crony capitalism and state run capitalism is awful. Instead of the brutal battle to produce the best product or service we get the corruption of people, lousy companies, limited and poor products, and the compulsion to pay that only a government is capable of doing.

  • myohmy

    Did he said that? Sounds like George Kaiser is encouraging others to loot the US government just like he did.

  • Scott

    He needs to join Jeff Skilling of Enron fame in Federal prison…

  • Taqiyyotomist

    Hello, there, smoking MF’ing gun!!

    Curiouser and curiouser…

  • Ginger

    On January 20, 2013… I want the new republican president to FREEZE every one of those TRAITORS bank accounts! All administration, czars, Congress, high up armed forces, Timmy and his crew, Holder and his crew, That jerk that Beck ran off, Cashteen, necked chest thumping Emanuel! ETC! Let them prove where they got their millions between 2008 – 2013 before their accounts are released!

  • newsjunkie_ky

    Did I miss it? I didn’t hear him say, “It’s Time to Cash in on the Mother of All Government Handouts.”
    Did he say that or did verum serum say that?

  • this isn’t crony capitalism its crony socialism. these companies aren’t competing with other firms for this money by producing a better product. they are bribing a politican to get this money. the money that the american workers earned and had confiscated by the politicans. while the union leaders cheered.

  • Molon Labe

    I wonder if Obama snorts Draino. Ton be this corrupt and dishonest.

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  • Phil

    This is kind of a BS post based on the most flimsy “facts”. The article does not even get the basic facts straight. The U.S. government did not make a loan, they made loan guarantees. How do you explain that Solyndra was originally approved for loan guarantees by the Bush adminstration? That does not seem to fit the narrrative of this post, does it?