Good grief… Another top Obama fundraiser is linked to the failed solar firm Solyndra.
Obama visited Solyndra in 2010 after his administration gave the company over $5oo million dollars in loans.
A second top fundraiser for President Barack Obama was linked to a federal loan guarantee program that backed Solyndra.
The Boston Herald reported:
The White House faced mounting political complications as a second top fundraiser for President Barack Obama was linked to a federal loan guarantee program that backed a now-bankrupt Silicon Valley solar energy company, and as two California lawmakers called for investigations of a state tax break granted to the firm.
Steve Spinner, who helped monitor the Energy Department’s issuance of $25 billion in government-backed loans to renewable energy projects, was one of Obama’s top fundraisers in 2008 and is raising money for the president’s 2012 re-election campaign.
Spinner did not have any role in the selection of applicants for the loan program and, in fact, was recused from the decision to grant a $535 million loan guarantee to Solyndra Inc. because his wife’s law firm represented the company, administration officials said Friday.
But Spinner’s role as a top official in the Energy Department program, which had not been previously revealed, is likely to spur new inquiries into whether political influence played a role in the handling of the “green” energy fund. Solyndra faces a congressional probe, a criminal investigation and separate internal inquiries at the Energy and Treasury departments.
“This will fuel more questions, and now you’ve got real people involved at the inspector-general level who will be turning over chairs and cabinets, asking questions,” said Stanley Brand, a criminal defense and ethics lawyer in Washington who has served as general counsel to the U.S. House of Representatives.
John Kass at The Chicago Tribune has more on Spinner’s close relationship with Obama.
Steve Spinner was the Obama administration official in charge of handing out billions and billions of tax dollars to “green” energy deals. According to the Tribune story, Spinner the other day invited Obama’s national political finance committee to a meeting in Chicago.
The name of the Obama fundraising initiative?
“Technology for Obama.”
The idea of the Obama fundraisers getting together, talking “green,” and perhaps offering taxpayer loan guarantees to insider businesses in the interest of helping the environment — it all seems rather fresh.
Like a mountain meadow.
Until you realize it’s the same old politics, the same kind practiced in Washington and Chicago and anywhere else where appetites are satisfied by politicians.
What a crooked outfit… And yet the media still wants to compare Obama to Jesus.