Another Major Obama Fundraiser Is Investor In Car Company That Won $50 Million Federal Loan…
Follow the money.
(WaPo) — 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.
“I doubt there was anybody at DOE that even considered the fact that Jim was part of this firm. We went straight through the proper channels of the [loan] program,” he said.
Posted by ZIP on Friday, October 28, 2011, at 3:24 pm | 
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“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.”
It just never does play a role doesn’t it?
Uh, yeah.
Grants to king fink obmas most favored
another “unexpected” coincidence?
yeah…I didn’t think so either
We have a thugocracy for a government. If we the people don’t unite, we are doomed. That is why the Liberal/communist thugs are trying so very, very hard to divide us. Divided we fall and THEY stand. United WE stand and THEY fall. We’d better get our act together. I hope the Tea Party and people who believe in the Tea Party values stand together and defeat these despicable, disgusting Liberal communists. We can do it. Don’t be idle. Get involved. Your lives and the lives of your children and their children depend on us to take a stand and defeat the enemy. Don’t just sit there, DO IT.
the fraud got elected = license to continue to defraud
Wheelchair-accessible taxis? Must be a coincidence that Holder’s DOJ is about to sue NYC over just that:
http://tinyurl.com/3woj3yd
You know the deal is wrong by how put out the spokesman for the company gets. We see it all the time with the White House spokespeople. It is a code to the MSM…if we act offended, back off! The more the bluster, the bigger the cover-up that is about to ensue.
@Clark Narkulis…hit the nail right on the head with that one. I am sure that American males are going to have to lose urinals too. Some liberal woman is going to complain that a man standing to pee has an unfair advantage over women. Some leftist judge will buy it and then Obama’s people in the toilet manufacturing world will get huge government-supported contracts.
At one time we were “surprised” at this.
But now, it’s becoming the norm.
There is a reason that the Democrat’s emblem is a jackass.
Need a feel good after a long week of reading about all the OccupyWhateverWherever / Libturd / Obamacare / etc / etc crap????
Try this:
http://www.heraldonline.com/2011/06/24/3172364/thompson-will-always-be-a-bearcat.html
http://www.heraldonline.com/2011/10/28/3480945/group-to-honor-bearcats-fan.html
So far, the donations are almost $600.
Don’t you worry, Boehner is on it and won’t let anything fishy happen. We can all sleep tonight knowing he is at his post. FORE!!!!!
Obama is not hard to understand at all. Chicago democrat.
Just what are “the proper channels of the loan program”?
Will someone please share what fucking good this is going to do?
http://www.foxnews.com/politics/2011/10/28/white-house-to-review-energy-department-loans-in-wake-solyndra-scandal/
That’s just too funny…
“I love you, Mr. President!”
“And I love YOU, Random Citizen!”
Obama has to be the most ugly president americas ever had
It’s just another scam to dump our hard-earned dollars, demand more and further (and intentionally) impoverish the nation. The tyranny is upon us.
He’s so dirty. He’s the epitome of everything OWS hates, but they love him! Logic has lost its rhyme.
More lies .
Please stop showing his mug in all these articles………yuk.
“I doubt there was anybody at DOE that even considered Jim was part of this firm” Kinda like the three most common lies: ‘It was like that when I got here’, ‘The check’s in the mail’, I, uhhh, ‘forget’ the last one, someone help me out here!
“Of *course* I’ll respect you in the morning.”
The other choice is..uh…more risque.
@sf: They’re in the process of the more risque one.
I sure would like to see him making a trip to the dentist the joker WILL SUE FOR COPYRIGHT VIOLATION