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

The RNC released this infographic today showing that billions in taxpayer dollars were were given to firms with close ties to the Obama Administration.

The Washington Post reported:

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.

“To believe those quiet conversations don’t happen in the hallways — about a project being in a certain congressman’s district or being associated with a significant presidential donor, is naive,” said Gold, who once worked at the Office of Management and Budget. “When you’re putting this kind of pressure on an organization to make decisions on very big dollars, there’s increased likelihood that political connections will influence things.”

Energy Department spokesman Damien LaVera said the companies won awards based on merit, not political connections. He said the staffers and advisory board members reviewed by the Post had no role in funding decisions, nor did they have any personal financial stake in the companies. One of those administration advisers had first been appointed to his position by the Bush administration, LaVera said…

Thousands of agency and White House e-mails released as part of the Solyndra investigation show that venture capitalists who held advisory roles with the Energy Department were given access to Obama’s top advisers.

Read the whole thing. It will make you ill.

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    IMPEACH the mooslime

  • Skandia Recluse

    Reward your friends and punish your enemies; he told us he would do this.
    The Obama administration is the most transparent administration in the history of the United States.

    The problem is, too many people can’t believe what they are seeing.

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  • NeoKong

    How much of that money will flow right back to his reelection campaign….?

  • Carbon Pootprint

    Where are the black green people in that chart? Obama is a racist!!! bahhahaaha

  • Ruebacca

    the green hussel continues.

  • dwd

    change you can believe in

    uh huh

  • Proud Right-Winger

    Of course all’s quite on the Mainsteam Media front…but then, what do you expect?

  • coolidgerules

    You would have thought that a congresscritter would have already been looking into this. You didnot have to see this a mile away, because you could smell the stench. It was rotten when these “green” start-ups started folding, but then the bundlers for his campaign are the CEO’s and what not? Any no one in the MBM decides that this is important?

  • aprilnovember811

    He’s looting the Treasury. It must be nice to be able to rob banks and get away with it.

  • aprilnovember811

    The MSM doesn’t seem to understand that it is their children and grandchildren he’s robbing.

  • George

    I’m sure Rachall Maddow will be reporting on this tonight. Hmmm…. then again, maybe not.

  • Paul in N. AL

    This would be great posters to put around the community and on cars.

  • bg


    please, note the dates..

    [“Environmental warfare is defined as the intentional modification or manipulation of the natural ecology, such as climate and weather, earth systems such as the ionosphere, magnetosphere, tectonic plate system, and/or the triggering of seismic events (earthquakes) to cause intentional physical, economic, and psycho-social, and physical destruction to an intended target geophysical or population location, as part of strategic or tactical war.”]

    scary stuff

    Obama Years Ago Helped Fund Carbon Program
    He Is Now Pushing Through Congress

    Obama, Maurice Strong, Al Gore

    [In 1997, Strong went on to accept from Tongsun Park, who was found guilty of illegally acting as an Iraqi agent, $1 million from Saddam Hussein, which was invested in Cordex Petroleum Inc., a company he owned with his son, Fred.


    It may be interesting to note that the Chicago Climate Exchange in spite of its hype, is a veritable rat’s nest of cronyism. The largest shareholder in the Exchange is Goldman Sachs. Chicago Mayor Richard M. Daley is its honorary chairman, The Joyce Foundation, which funded the Exchange also funded money for John Ayers’ Chicago School Initiatives. John is the brother of William Ayers.]

    [In 2000 and 2001, while Barack Obama served as a board member for a Chicago-based charitable foundation, he helped to fund a pioneering carbon trading exchange that is likely to fill a critical role in the controversial cap-and-trade carbon reduction scheme that President Obama is now trying to push rapidly through Congress.]

    Scandal: Obama, Gore, Goldman, Joyce
    Foundation CCX partners to fleece USA

    [Know the crooks and their roles:

    George Soros, Joyce Foundation and connection to CCX.

    What is CCX, the Chicago Climate Exchange, projected to gross 10 Trillion a year is Cap-N-Tax passes. Obama played a pivotal role in the formation of the CCX. (Click here for expose)

    Barrack Hussein Obama, Board Member of the Joyce Foundation, funded the formation of the CCX. ( Valerie Jarrett is still on the board, Obama’s top adviser.) Obama sat on board and funneled money to Ayer’s brother (wild huh, just a guy in his neighborhood) and to form the CCX.

    AL Gore–Goldman Sachs– GIM: Hold on to your britches, London-based Generation Investment Management sees the Trillion and they purchased a huge stake in Chicago Climate Exchange (fifth largest shareholder.) The founder of GIM is none other than former Vice President Al Gore along with Goldman people. For example other founders are David Blood (former Goldman executive), Mark Ferguson (Goldman) and Peter Harris (Goldman) to name a few. “

    Franklin Raines, mega crooked banker and bust Fannie Mae head, uses Fannie Mae (taxpayers money) to buy the technology to measure and manage carbon. The patent was award the day after Obama and Dems won the election.

    Goldman Sachs owns ten percent of the CCX and its 10 Trillion a year potential. (CCX is 10% owned by Goldman Sachs (GS) and 10% owned by Generation Investment Management (GIM).) Gore, Goldman, and Cap and Trade – Tangled Web of Corruption]

    bits & pieces more here , and in connecting links..

    if could, i could list at least a 100 more links that you couldn’t possibly say
    didn’t thoroughly connect all the dots.. like i said from the get go, Obama
    was “groomed” for transitioning the US into the NWO.. oh wait, i believe
    “groomed” was the word Farrakhan used.. heh, frigg semantics, and btw,
    there’s an awful lot of info that has been sucked up by Obama’s black hole
    machine.. but no matter, we too will be soon enough..


  • Blacque Jacques Shellacque

    Nice of the RNC to point this all out, but if I had to guess, I’d say nothing is going to come of it.

    The House can’t even manage to prosecute anyone in the Justice Dept for their Fast and Furious roles.

  • Me

    That is a GREAT Poster!!!

  • saveus

    two words:


  • Buffalobob

    I know that they have a special set of ethics and standards in Chicago, what will it take to indict these crooks?

  • http://reaganiterepublicanresistance.blogspot.com Reaganite Republican

    Are you suggesting the president is dishonest lol