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Barack Obama used green energy loans to “recycle” money to Democrat donors

November 24, 2012

 Many of us have found it to be curious that so much money awarded by the government under Barack Obama’s green energy initiative manged to find its way into companies with ties to the Democrat party. Mitt Romney even alluded to this during the first debate but then backed off it for some reason.

  Now the head of the Government Accountability Institute (and it I am not mistaken wasn’t the GAI embroiled in a little controversy of their own?), Peter Schweizer, is making the claim that the Obama regime’s green energy initiative was a recycling project all right–but it was recycling green energy money to campaign donors as a reward before those campaign donors recycled the money back to Barack Obama’s campaign.

Peter Schweizer, president of the Government Accountability Institute, said President Barack Obama had a “recycling” program that used crony capitalism to reward its campaign contributors, who would then funnel money back to the Obama campaign.

Schweizer said crony capitalism was so rampant in the Obama administration that Obama campaign bundlers received more than $21,000 on average in government-backed loans and grants for every dollar they contributed to the Obama campaign.   

  According to this story there are instances where powerful Democrats just happened to invest in companies shortly before they received this green energy loans:

Weeks before Amyris received a $25 million grant from the Obama administration, Feinstein and her husband bought nearly a $1 million in equity in the company. Then, the initial investors, such as Gore, saw a $12 million investment balloon to more than $80 million after they took the company and cited the government grants as a reason the company would be successful

  Was this just a coincidence or was there some type of insider trading of sorts going on? I think we all know the answer to that question. Of course this isn’t news at this point because many of us saw what was going on here almost from the beginning and were sounding the alarm horns, but I thought I would take the opportunity to remind the American people that elections have consequences and we are getting what we deserve for ignoring what was happening right under our noses.

  The people decided this was acceptable when they voted for four more years of the same failed policies because with Barack Obama’s win has come renewed talks about global warming, cap and trade, and green energy and we all know what that means…..

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19 Comments leave one →
  1. November 24, 2012 8:39 pm

    Anyone not knowing this by now needs a lobotomy and a double carbon tax.

    Like

    • November 25, 2012 7:57 am

      Sadly many people don’t because the media didn’t find it to be newsworthy before the election.

      Like

  2. bunkerville permalink
    November 24, 2012 9:06 pm

    Had this been Bush….but the days of Woodward and Bernstein are past.

    Like

    • November 25, 2012 7:58 am

      Exactly!

      Like

  3. November 24, 2012 9:06 pm

    Thank you so much for this fine piece. I have a new blog and need good material. I am reblogging this. I hope I can send you a few visitors. Nice work.

    Like

    • November 25, 2012 7:59 am

      Thanks for reblogging this, I’ll be checking out your blog as well.

      Like

      • November 25, 2012 3:12 pm

        You are welcome Steve. Check us out if you have time. I am reblogging right now quite a bit to keep good info in front of my readers.

        Like

      • November 25, 2012 7:50 pm

        I sure will be checking you out!

        Like

  4. November 24, 2012 9:07 pm

    Reblogged this on The D.C. Clothesline.

    Like

    • November 25, 2012 8:00 am

      Thank you, keep spreading the word! I will be checking out your blog as well.

      Like

  5. November 24, 2012 9:22 pm

    Reblogged this on America at War.

    Like

    • November 25, 2012 8:00 am

      Thank you.

      Like

  6. November 24, 2012 10:09 pm

    Steve, do you find it curious why the GAI is only now reporting on this. I wonder why it took them so long to figure this out. The MSM will say this is rehashong old news. Oh well, maybe something good will come out of it.

    Like

    • November 25, 2012 8:01 am

      Good question Jim, now that the election is over perhaps they feel it is safe to report this because as you said the MSM will now use the excuse that this is old news and not worth covering.

      Like

  7. November 25, 2012 6:44 am

    Isn’t it strange how some of this is being released, after the election? Nothing I hear about this administration surprises me.

    Like

    • November 25, 2012 8:02 am

      Yeah, it seems to me that this is something the American people might have been interesting to know before the election which is why it wasn’t reported.

      Like

  8. MTBirkmire permalink
    November 25, 2012 9:07 am

    it’s been reported in http://www.wnd.com a few days ago that illegals voting 2-3 times in each of the states put the election in obama’s hands illegally. That explains why we in Arizona have been overrun with criminal illegals in our state, it’s bad…real bad but fortunately GOD’s in charge NOT THEM…they just think they are. I haven’t given up on the internet but I’m really struggling financially because medicare can’t pay my doctor bills at all anymore.

    Like

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