Skip to comments.Did Obama Administration Play Favorites With Energy Loans?
Posted on 03/30/2011 4:11:31 PM PDT by Kartographer
When the White House announced the federal government would loan $465 million to Tesla, a California start-up company with plans to develop an all-electric sedan, President Obama called it an "historic opportunity to ensure that the next generation of fuel-efficient cars and trucks are made in America."
The loan also represented a lucrative opportunity for Steve Westly, a major investor in the car company who had raised more than $500,000 for the president's campaign.
In 2009, the U.S. Department of Energy lent more than half a billion dollars to companies backed by Westly's California venture capital firm. In 2010, the White House tapped Westly for a seat on a special energy advisory panel that gives him regular access to Energy Secretary Steven Chu. Westly boasts on his website that his firm is "uniquely positioned" to take advantage of the Obama administration's interest in green energy.
(Excerpt) Read more at abcnews.go.com ...
I don’t care OBAMA IS AWESOME!
The real breaking news is the white hut bothered to state otherwise.
Is Obama a Muslim?
Is Hussein a Fraud?
Did Ayers write Hussein’s “DREAMS?”
Has Hussein ever “done anything for himself in his life?”
Does the “DONALD” know everything about this Fraud and Traitor?
What do America’s Enemies know about “HUSSEIN?”
and 1 Trillion more Questions about the Media Whore, Obama HUSSEIN, can follow if given the time!
Gee, that is a hard one.
As a businessman, I have to commend Steve Westly for making a Killer Investment! He gave Obama Hussein $500,000 in campaign contributions and has gooten hundreds of Millions of Our Taxpayer dollars in return! Obama Hussein surrounds himself with Whores, if NOT Thiefs and Murderers!
Can you say: “Government Electric?”
The only thing shocking about this story is that ABC is reporting it.
I thought that myself. He’s lossing his touch with the media.
The whole 'stimulus' package was but a well packaged window dressed collection of these payoffs! The leftist thieves!!!
Did Obama Administration Play Favorites With__________
If the organization/person/country/demographic is a friend of BO, the answer is yes.
change you can believe in!!!
Howdy Doody? Wooden butts?
They’re starting to smell the blood in the water, looking to build some distance for when he finally comes crashing down. I’m almost ready to bet he gets a primary challenge.
VP Cheney simply meeting with people from industry about energy policy caused a huge uproar, even lawsuits within months of the Energy Tax Force forming but Obama giving out loans to political boosters? Crickets.
Where's Issa's oversight committee? Where's Judicial Watch and others who sued the Bush administration?
Steve Westly (D) was the State Controller in CA from 03-07. Ran for governor in '06 but didn't win the Dem nomination. As a high profile bundler for Obama and relatively young (54), you can bet he hasn't given up on political ambitions.
Do Geico's TV ads run some nifty changes on rhetorical questions???
nobama is a fine, proud crony-capitalist. nobama, the great leader, plays favorites with everything he doles out from his stash. nobama is a criminal. nobama hates Free America, hates Americans, hates you, hates your children, hates the Constitution and hates the Bill of Rights. nobama is the Destroyer. nobama is a hate crime.
The "Bring back Hillary!" move has already begun. She might well win against the current array of Republican prospects as well.
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