Obama Donors & Crony Socialism – All Wealth Flows In A Closed Circle of Corporations & Politicians



Don’t know if you saw this on Big Government but you might want to take a look. 80% of green energy loans went to Obama big donors. This is crony socialism –  great wealth circulating between the corrupt political leaders and the corporations on the taxpayer dime. Can anyone see how corrupt this is?

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. Read more: Big Government