Wednesday, July 18, 2012

IT IS NOT YOUR MONEY MISTER PRESIDENT TO GIVE WAY TO YOUR CRONY ..! DEMOCRATS DONORS RAKE IN BILLIONS UNDER OBAMA ADMINISTRATION ..Obama’s record of REWARDING POLITICAL DONORS with TAXPAYER DOLLARS ..





President Obama’s record of rewarding political donors with taxpayer dollars and plum administration posts is facing a new round of scrutiny thanks to GOP challenger Mitt Romney’s effort to make it a central issue of the campaign.
“[President Obama] thinks it’s his right to give taxpayer money to those who have supported him financially,” former Gov. John Sununu (R., N.H.) said Tuesday on a conference call hosted by the Romney campaign. “It’s insulting to hard-working entrepreneurs who really do create jobs.”
The most publicized instance of so-called “crony capitalism”—investing taxpayer dollars in firms tied to political donors—is the failed solar panel company Solyndra. The Fremont, Calif., firm was the first to receive a taxpayer-backed loan guarantee from the Department of Energy (DOE) in September 2009, worth more than $530 million. The funding for the loan was allocated in the controversial stimulus package passed earlier that yea

Cronyism Built That | CLICK   FOR  MORE..

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