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Another Obama fundraiser is investor in car company that won federal loan (More Crony Socialism)
WashPost ^ | 10-28-11 | Carol Leonnig

Posted on 10/28/2011 12:42:43 PM PDT by tcrlaf

An investment firm whose vice chairman has been an adviser and fundraiser for President Obama saw one of its portfolio companies win approval this year for $50 million in loans from the administration’s clean-energy loan program.

Washington-based Perseus says its affiliation with James A. Johnson, a major fundraiser for Obama’s campaign, played no role in persuading the Energy Department to award the loan to Vehicle Production Group, a Miami start-up that is manufacturing wheelchair-accessible cars and taxis.

Johnson headed Obama’s vice presidential selection committee in 2008 and is the former chairman of housing mortgage giant Fannie Mae. He was listed as a campaign fundraising bundler for Obama in the 2008 race, according to the Center for Responsive Politics, and committed to raising $200,000 to $500,000 for the upcoming presidential race.

Johnson could not be reached for comment Thursday. Perseus Chairman Frank Pearl said in an interview that it is an “absurd idea” to think that Johnson’s political connections helped the Miami company.

(Excerpt) Read more at ...

TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: corruption; crony; loan; obama
Remember kiddies... It's NOT Cronism if corrupt-while-Democrat!

Just ask ANYONE at the New York Times, or NPR/CBS/NBC/ABC/MSNBC!

Obama is the Fuhrer, after all. Who are WE to question what the messiah does with our money!

1 posted on 10/28/2011 12:42:48 PM PDT by tcrlaf
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To: Nachum

For your list.

2 posted on 10/28/2011 12:46:59 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: tcrlaf
Johnson screwing Fannie
3 posted on 10/28/2011 1:10:56 PM PDT by SERKIT ("Blazing Saddles" explains it all......)
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To: tcrlaf

WaPo giving out this info?

4 posted on 10/28/2011 1:35:49 PM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: tcrlaf

This is pure unadulterated fascism. I am sure Willy Messerschmitt got the same sweetheart deals in national socialist Germany during the 30’s and 40’s.

5 posted on 10/28/2011 1:49:28 PM PDT by Hoodat (Because they do not change, Therefore they do not fear God. -Psalm 55:19-)
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To: tcrlaf


6 posted on 10/28/2011 1:49:55 PM PDT by StAnDeliver (/)
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To: StAnDeliver

Friday afternoon news dump.

Nothing to see here. Move along

7 posted on 10/28/2011 2:01:00 PM PDT by EQAndyBuzz (I am a Cainiac)
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To: tcrlaf
FWIW, Ford V8 power, built at the old Hummer plant in Mishawaka, IN.

8 posted on 10/28/2011 2:08:14 PM PDT by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
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To: nascarnation

If my dog looked like that thing, I’d shave its behind and make it walk backwards.

9 posted on 10/28/2011 2:19:29 PM PDT by SnuffaBolshevik ("The trouble with internet quotations is that you don't know if they are true"-Abraham Lincoln.)
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

Thanks for the heads up Army Air Corps

The list, ping

Let me know if you would like to be on or off the ping list

10 posted on 10/28/2011 2:26:23 PM PDT by Nachum (The complete Obama list at
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks tcrlaf.

11 posted on 10/28/2011 3:07:06 PM PDT by SunkenCiv (It's never a bad time to FReep this link --
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Do You Love FR?

Click The Flag To Support Your Forum

Then Keep Your Forum Running And Donate

12 posted on 10/28/2011 3:18:26 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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I was going to ask if James Johnson is the same as the Fannie’s past CEO that started the housing bubble.

13 posted on 10/28/2011 4:19:13 PM PDT by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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