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Here We Go Again: Another Obama Bundler Given $400 Million DOE Loan…

Just another coincidence, right?

Via Washington Examiner:

Abound Solar, given a $400 million Department of Energy (DOE) loan guarantee for a project expected to create 400 permanent jobs, receives private financial backing through an investment firm founded by a fundraising bundler for President Obama.

The Sunlight Foundation notes that Bohemian Companies, which was founded by billionaire and Obama bundler Pat Stryker, participated with other companies in the “second institutional equity round of financing” in 2008 for Abound Solar, which recieved $104 million total through that round of financing.

Stryker gave $50,000 to Obama’s inauguration, according to the Center for Responsive Politics, and raised a further $87,000 for the inauguration. Stryker has since donated $35,800 to the 2012 Obama Victory Fund, Sunlight reports.

Keep reading…

Posted by ZIP on Thursday, December 1, 2011, at 10:25 pm | Like Tweet

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22 comments
  1. gastorgrab says:
    December 1, 2011 at 10:26 pm

    “The Sunlight Foundation notes that….”

    ———-

    That’s Harry Reid’s own funding machine, isn’t it?

  2. gastorgrab says:
    December 1, 2011 at 10:29 pm

    http://www.discoverthenetworks.com/funderprofile.asp?fndid=5377&category=79

    The Sunlight Foundation’s major disbursements (ranging from $25,000 to $325,000) in 2006 included grants to Citizens for Responsibility and Ethics in Washington (which also has received financial backing from George Soros’s Open Society Institute, Democracy Alliance, the Tides Foundation, the Streisand Foundation, and the Arca Foundation), the Young Elected Officials Network, (a project of People for the American Way), MAPLight.org, the Center for Responsive Politics, OMB Watch, the Center for Media and Democracy, the Center for Citizen Media, NewAssignment.Net, Room Eight, the Project on Government Oversight, and ReadtheBill.org. Smaller grants (ranging from $1,650 to $16,000) were made to Metavid, More Perfect, Arizona Congresswatch, the Connecticut Local Politics Blogspot, WashingtonWatchdog.org, the National Institute on Money in State Politics, the Project on Government Oversight, and the BluegrassReport.

  3. Little Miss Rainbow says:
    December 1, 2011 at 10:41 pm

    $400 million for 400 jobs…

  4. Katherine says:
    December 1, 2011 at 10:45 pm

    At what point does coincidence become pattern? When it reaches 100% of the time?

  5. chickadee says:
    December 1, 2011 at 10:56 pm

    There has never been a more successful thief in the WH than obama.
    He is allowed to rampage with impunity because weak men are afraid of looking like racists. Better to let him continue his streak of destruction and hope he goes away in 2012. What a damnable and pathetic legacy we are leaving for the history books.

  6. gastorgrab says:
    December 1, 2011 at 11:44 pm

    Little Miss Rainbow: “$400 million for 400 jobs…”

    ———

    If we had offered those employees a buyout of $100,000 each, we would have only spent $40 million.

    According to Obama, the “jobs created” were our primary concern, right?
    .

  7. Spurwing Plover says:
    December 2, 2011 at 12:11 am

    The green energy is a big time rip off of the american tax payers who will be footing this pork barrel green energy poppycock

  8. 86 says:
    December 2, 2011 at 12:44 am

    You have got to be kidding! Where does the insanity end?

  9. Constitutionman says:
    December 2, 2011 at 1:11 am

    The evil enemy of America -obama and the enemy cabal continues to laugh in OUR face and tear up the Constitution with every breath they take as they perform so many crimes against real Americans.
    The evil enemy must meet justice for the murdering agent Terry and Jaimie Zapata and hundreds! of mexicans -An murder that will continue for years- with evil anti-American subversive acts of clear Treason and Sedition with fast and furious/operation castaway (Hillary Clinton global inititive/Soros).
    Arrest the enemies now! obama and ilk are the clear and present danger with stealth jihad afficianados.
    Do not allow this fruad and farse to continue, as evil will grow if not confronted by good people.

  10. Michael says:
    December 2, 2011 at 3:20 am

    Sunlight is WAY behind on this story, except for the new addition of lobbying.

    Bloggers in Colorado have noted Stryker’s donations and involvement in funding Abound, recipient of that 2010 DOE loan, as far back as September 2010. More information was unearthed this September, and reported here:

    http://www.peoplespresscollective.org/2011/09/green-stimulus-for-billionaires-obama-bundler-pat-stryker-company-invested-millions-in-abound-solar-recipient-of-400m-doe-loan-guarantee/

    The link includes all the relevant donor information, as well as the investment connections.

  11. Kat says:
    December 2, 2011 at 8:01 am

    G** d*** it, I am sick to death of this shit!

  12. Jimco says:
    December 2, 2011 at 8:06 am

    A half billion seems to be the going rate.

  13. ThomNJ says:
    December 2, 2011 at 8:07 am

    Worth repeating:

    chickadee says:
    December 1, 2011 at 10:56 pm
    There has never been a more successful thief in the WH than obama.
    He is allowed to rampage with impunity because weak men are afraid of looking like racists. Better to let him continue his streak of destruction and hope he goes away in 2012. What a damnable and pathetic legacy we are leaving for the history books.

  14. Xavier says:
    December 2, 2011 at 8:13 am

    What’s infuriating is that none of this will be brought up by the mainstream media or the GOP. Here is undeniable evidence of fraud and collusion and yet it is simply swept under the rug.

    We *really* need a conservative counterpart to MSDNC.

  15. Chris W. says:
    December 2, 2011 at 8:34 am

    Money laundering.

  16. NoBlahBlah says:
    December 2, 2011 at 8:53 am

    my Head is going to explode

    jettison Rule of Law and ignore the Constitution

    guess what happens?

  17. U.S.S. fubar sinking says:
    December 2, 2011 at 9:16 am

    I am DONE thinking that someone is actually going to STOP this bullshit.

    I am resigned to the fact that our republic is officially being flushed down the toilet.

  18. Sentinel says:
    December 2, 2011 at 9:40 am

    The House majority (Republicans) seems to have been castrated with respect to the rule of law and the unlawful/criminal actions of the White House. I seriously doubt the word “Impeachment” has even been uttered up there out of the fear of the race card being dropped. This overt cowardess of our elected officials certainly needs to the the #1 issue when their re-election comes up.

  19. bitterclinger says:
    December 2, 2011 at 10:44 am

    And from the Repubics: crickets.

  20. Fishy Commentator says:
    December 2, 2011 at 11:11 am

    @Bitterclinger- tweedle dee and tweedle dum

  21. Math Wiz says:
    December 2, 2011 at 11:34 am

    It’s amazing just how little money it takes to buy off this administration.

    “Stryker gave $50,000 to Obama’s inauguration, according to the Center for Responsive Politics, and raised a further $87,000 for the inauguration. Stryker has since donated $35,800 to the 2012 Obama Victory Fund…”

    For a paltry investment of $172,800 ($50,000 + $87,000 + $35,000), they got 400 million dollars ($400,000,000) in return.

    This is a gain of $399,827,200 and a return on investment (ROI) of 231,381.50% – it pays to be a friend of O – the rest of us are lucky to break even.

    This is a

  22. GrumpyOne says:
    December 2, 2011 at 12:33 pm

    What we see here folks is the near complete takeover of the administration by the Chicago political machine. There’s no way to get around but to admit that this administration is the most corrupt ever.

    With the current line up of uninspiring GOP candidates, the future does not bode well. Four more years of O’bammy ‘n gang could well finish off what is left of this once great nation. “I need another term to finish the job,” so said he recently.

    Is the end near???

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