CFIF.org – Under the guise of “investing” in so-called green energy, the Obama Administration is perpetrating yet another massive scam on the American people. It has now been documented that Obama is using your hard-earned tax dollars to line the pockets of his biggest campaign donors.
But don’t take our word for it…
According to research done by Hoover Institution Fellow Peter Schweitzer, the hundreds of millions of dollars in taxpayer-backed loans handed to Solyndra – the now bankrupt company that was run by Obama campaign bundler George Kaiser – is just the “tip of the iceberg.”
In fact, a staggering 80% of the federal grants and loan guarantees made to green-tech firms by Obama’s DOE since 2009 were made to companies whose chief executive or chief investors were major contributors and big money men to Obama’s 2008 presidential campaign.