Cohocton Wind Watch: 80% of ‘Green Energy’ Loans Went to Top Obama Donors
Cohocton Wind Watch is a community citizen organization dedicated to preserve the public safety, property values, economic viability, environmental integrity and quality of life in Cohocton, NY and in surrounding townships. Neighbors committed to public service in order to achieve a reasonable vision for a Finger Lakes region worthy of future generations.


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Friday, December 02, 2011

80% of ‘Green Energy’ Loans Went to Top Obama Donors

With Energy Secretary Steven Chu set to testify Thursday before the House Energy and Commerce Committee about the government’s $573 million loan to failed solar panel maker Solyndra, an explosive new list of energy loan amounts to President Obama’s top fundraisers, bundlers, and supporters has been released by Breitbart editor Peter Schweizer, author of Throw Them All Out.

As the list reveals, 80 percent of all $20.5 billion in Department of Energy loans went to President Obama’s top donors. Furthermore, some of those dwarf in size those given to Obama bundler George Kaiser, owner of the now defunct Solyndra.

The list—which features the likes of Google owners Larry Page and Sergey Brinn, Robert F. Kennedy Jr., Ted Turner, John Doerr, and Al Gore—raises new questions about the procedures used to administer the now-controversial DOE loans.

Schweizer’s list stands in sharp contrast to President Obama’s promise that the allocation of all federal “stimulus” monies would be nonpartisan and fair: “Let me repeat that: Decisions about how Recovery money will be spent will be based on the merits. They will not be made as a way of doing favors for lobbyists,” Obama said in 2009.

But as Schweizer’s charges in his book, Throw Them All Out, [link] the Obama Administration may be guilty of “the greatest—and most expensive—example of crony capitalism in American history.”

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