WaPo finds nearly $4 billion in green-tech stimulus funds went to WH-connected firms

posted at 3:05 pm on February 15, 2012 by Ed Morrissey

During the 2008 campaign, Barack Obama pledged to flush lobbyists out of the halls of power and bring “hope and change” to Washington.  Obama also pledged not to hire lobbyists in his administration, signed an executive order to that effect, and then issued dozens of waivers to his own rule.  Not only did Obama start his administration by reneging on his lobbyist pledge, insiders in his administration conducted informal lobbying on behalf of companies to whom they were connected — and manged to snag nearly $4 billion in federal funding in the green-tech stimulus, the Washington Post reports:

During the next three years, the department provided $2.4 billion in public funding to clean-energy companies in which Wagle’s former firm, Vantage Point Venture Partners, had invested, a Washington Post analysis found. Overall, the Post found that $3.9 billion in federal grants and financing flowed to 21 companies backed by firms with connections to five Obama administration staffers and advisers.

Obama’s program to invest federal funds in start-up companies — and the failure of some of those companies — is becoming a rallying cry for opponents in the presidential race. Mitt Romney has promised to focus on Obama’s “record” as a “venture capitalist.” And in ads and speeches, conservative groups and the Republican candidates are zeroing in on the administration’s decision to extend $535 million to the now-shutteredsolar firm Solyndra and billions of dollars more to clean-tech start-ups backed by the president’s political allies.

White House officials stress that staffers and advisers with venture capital ties did not make funding decisions related to these companies. But e-mails released in a congressional probe of Obama’s clean-tech program show that staff and advisers with links to venture firms informally advocated for some of those companies.

David Gold, a venture capitalist and critic of Obama’s investments in clean tech, said that even if staffers had been removed from the final decision-making, they had the kind of inside access to exert subtle influence.

“To believe those quiet conversations don’t happen in the hallways — about a project being in a certain congressman’s district or being associated with a significant presidential donor, is naive,” said Gold, who once worked at the Office of Management and Budget. “When you’re putting this kind of pressure on an organization to make decisions on very big dollars, there’s increased likelihood that political connections will influence things.”

One of the most eyebrow-raising connections in this story is that of Steven Spinner, who served as a DoE loan adviser — and whose wife worked for the law firm Wilson Sonsini, which handled a number of loan applications for the green-tech stimulus.  How did that work out for Mrs. Spinner?  Wilson Sonsini clients got $2.75 billion in stimulus cash, almost three-quarters of the amount tracked in this report.  The law firm tells the Post that it doesn’t believe their employment of Spinner’s wife influenced DoE loan decisions — and if you have a few bucks, they can sell you a few shares of Solyndra, too.

The Post also details how 2008’s bundlers from the venture capital industry gained access to top Obama administration officials.  Steve Westly bundled for Obama in 2008 and is bundling again in 2012, and his investments ended up with $600 million in federal funding.  Coincidentally — or so claims the White House — Westly also serves on an advisory board for Energy Secretary Stephen Chu.  David Prend was a significant investor in a green-tech firm and got a meeting with climate czar Carol Browner before the Obama administration approved a loan for the firm, a loan that got discussed in the meeting.  The firm?  Solyndra.  Prend got federal funding for another of his investments, too — the now-defunct Ener1.

It didn’t take long for the RNC to create a helpful graphic that acts as a scorecard:

Obama didn’t stop the lobbying.  He just hired the lobbyists and gave away the treasury.

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I know this is all slimy crony capitalism…

… and a waste of tax payer’s money, but is any of it illegal?

Just askin’…

Seven Percent Solution on February 15, 2012 at 3:10 PM

Truth is that it is crony socialism but that is redundant.

jukin3 on February 15, 2012 at 3:11 PM

In a strange coincidence, none of those guys look like me.

-BHO

BobMbx on February 15, 2012 at 3:13 PM

Hey, all those investments will pay off once gas gets to $7 a gallon.

By my watch, that should be around November 7th.

teke184 on February 15, 2012 at 3:13 PM

I know this is all slimy crony capitalism…

… and a waste of tax payer’s money, but is any of it illegal?

Just askin’…

Seven Percent Solution on February 15, 2012 at 3:10 PM

Are you serious……Are you serious?

BobMbx on February 15, 2012 at 3:13 PM

The Obama administration is turning out to be the most corrupt administration in the history of the United States.

And the most incompetent.

Thanks again, 52%ers.

AZCoyote on February 15, 2012 at 3:13 PM

How much comes back as campaign donations and mega pac support? News at NEVER.

astonerii on February 15, 2012 at 3:15 PM

Hey relax people! Remember–He won.

steved95 on February 15, 2012 at 3:16 PM

Seven Percent Solution on February 15, 2012 at 3:10 PM

Probably not, which I guess makes it all OK. Not a dig at you, Seven…

Kraken on February 15, 2012 at 3:16 PM

If the wapo is reporting this, you better at least quadruple the number. Minimum.

KMC1 on February 15, 2012 at 3:17 PM

Thanks again, 52%ers.

AZCoyote on February 15, 2012 at 3:13 PM

You are very welcome. Thank you again for always nominating a worthless in the middle reach around across the aisle moderate so the Democrats always have a nice clean crisp differentiated person to put in front of the “we the people”. Thank you in advance for giving us Romney as our latest foil.

astonerii on February 15, 2012 at 3:17 PM

Just think how much they’d find if they actually looked for it.

Flange on February 15, 2012 at 3:18 PM

It’s no accident that when the price of gas was rising rapidly, O said only that he preferred that it rise more slowly. They want energy prices to rise, to “necessarily skyrocket.” And other than what even they know is a fanciful diversion (green energy), they are adamantly against increasing energy supplies, period. They are trying to engineer a siege — an energy siege — of their own people!
The global warming [fabrication] was the perfect vehicle to work to bring their dream to fruition. They proposed 83% CO2 cuts by 2050; you talk about taking a wrecking ball to civilization. This radical proposal was approved in the House! We were that close to succumbing to the leftist environut agenda!
That’s why it is so upsetting to us when conservatives tow the liberal environut line. Like the “conservative” Michael Gerson. Rebuttal of the agw is simple: there is nothing wrong with the climate, and CO2 has nothing to do with it: http://www.youtube.com/watch?v=WK_WyvfcJyg

anotherJoe on February 15, 2012 at 3:18 PM

Let’s conjugate…

Corrupt… corrupter… Obama!

faraway on February 15, 2012 at 3:19 PM

But these “green tech” firms make Libs feel good about themselves (save the polar bears!) so that’s all that matters.

visions on February 15, 2012 at 3:19 PM

Can this really all be blamed on “a guy who is just in over his head”?

Mord on February 15, 2012 at 3:21 PM

Have a better link to that GOP poster?
One could go blind trying to read it.

albill on February 15, 2012 at 3:21 PM

Wait. This is the Washington Post? What the hell are they doing reporting actual news????

Cicero43 on February 15, 2012 at 3:22 PM

I’m looking at Steve Spinner’s Linkedin page…..

Appointed on April 29, 2009, reporting into the Office of the Recovery Act, was responsible for the strategic operations of the loans and loan guarantees programs within the DOE. Program areas include automotive, nuclear, fossil, transmission & distribution, industrial energy efficiency and renewables generation and manufacturing (solar, wind, hydrogen, biomass, geothermal, etc.). Program announced 20 deals for $25B during 18 month appointment tenure. Portfolio expanded beyond Small Business in September, 2009. DOE lead representative on the WH Business Council, WH Innovation Cohort, and WH Automotive Communities Task Force.

Loan guarantees program…..so is he the one who is responsible for screwing the taxpayers out of their “loan”

Why isn’t he in jail yet?

Ditkaca on February 15, 2012 at 3:22 PM

I’m sure Michael Moore will now on Rachel Maddow with a pair of handcuffs again and go after those thieves who are looted the treasury…

Oh wait.

Washington Fancy on February 15, 2012 at 3:22 PM

Why isn’t he in jail yet?

Ditkaca on February 15, 2012 at 3:22 PM

If Holder isn’t in jail in connection with 2000 dead Mexicans, then this guy won’t be in there for corruption.

teke184 on February 15, 2012 at 3:23 PM

How much comes back as campaign donations and mega pac support? News at NEVER.

astonerii on February 15, 2012 at 3:15 PM

News investigative reporters will be right on it!
(Seeing as they are losing market share…and the hundreds of millions that will be spent to drum on the drones long term attention spans…they will not question where the money comes from…they need a pay day here and there. Crickets can’t find crap!)

KOOLAID2 on February 15, 2012 at 3:24 PM

Sorry, I was so pissed off, I must have had a minor stroke when I was typing my last comment…

Before the grammar Nazi’s arrive… I meant to say…

“I’m sure Michael Moore will now on Rachel Maddow with a pair of handcuffs again and go after those thieves who are looted the treasury…

Oh wait.

Washington Fancy on February 15, 2012 at 3:24 PM

Without even getting into the insider angle it boggles the mind to just sit and think of the amount of money that has been flushed down the toilet. At some point it becomes meaningless, like poker chips at the black jack table – don’t worry, it’s just plastic circles kinda’ thing.

DumboTheAvenger on February 15, 2012 at 3:24 PM

Since when does the Washington Post engage in journalism? They’ll be hearing from the “Truth Team”.

Clink on February 15, 2012 at 3:22 PM

Wow, you nailed that one OK. Just imagine which editor’s/reporter’s head will roll for telling the truth. Imagine that, from the Wa Po yet….

chai on February 15, 2012 at 3:24 PM

So why is WaPo reporting this? What’s their point???

red131 on February 15, 2012 at 3:24 PM

Palin’s right. If we run against Crony Capitalism then we get the independents. The evils of CC is something independents can understand and agree with. THe problem; our own side might be neck deep in it.

BoxHead1 on February 15, 2012 at 3:26 PM

Over and over again- it’s the progressive way. Develop a platform, then lie your butt off about it to get it enacted. I’m convinced that no one within the movement has the slightest integrity. I wish they’d just come out and say:

“Look America. We know there are still some who believe they can work hard and be successful on their own -but they can’t. Not anymore. You need us. We’re smarter than you. But, we don’t hold that against you; we’ll take care of you. Under our leadership, you’ll be given enough healthy food to survive, a modest home, an electric car, and a job we feel is suitable to your talents. You’ll never be comfortable, but comfortable is over-rated. You will be content though; content in the knowledge that we’ll make a Truman Show out of all of you. If you’re sick, we’ll care for you up until the point you’ve exhausted all of your dedicated medical funds. If we run out of work for you, we’ll find a small piece of ground for you to look after. And in the end, you’ll retire at 55 and hopefully live another 5 or 10 years able to enjoy the fruits of your labor. Why won’t we eventually become Greece you ask? Because the Greeks are stupid. We’re smarter than the Greeks, that’s why. Now shut up and wait for us to call your name.”

BKeyser on February 15, 2012 at 3:28 PM

THe problem; our own side might be neck deep in it.

BoxHead1 on February 15, 2012 at 3:26 PM

They don’t call them the ‘establishment’ for nuthin’.

faraway on February 15, 2012 at 3:28 PM

Going to have to put out the lines, to hook any trolls on this thread! Won’t find them flopping into this boat!

KOOLAID2 on February 15, 2012 at 3:28 PM

The law firm tells the Post that it doesn’t believe their employment of Spinner’s wife influenced DoE loan decisions

And Moochelle’s no-show $310K hospital job was completely unrelated to the fact she was married to Senator Earmark Obama. In case you were thinking about that.

Cicero43 on February 15, 2012 at 3:28 PM

So why is WaPo reporting this? What’s their point???

red131 on February 15, 2012 at 3:24 PM

Pre-emptive. Try to get it out there before the Republicans use it later in the election year. Wash Post is an organ of the administration.

kenny on February 15, 2012 at 3:31 PM

KOOLAID2 on February 15, 2012 at 3:28 PM

Three less, I don’t mind one bit. Trout lines are good.

Bmore on February 15, 2012 at 3:32 PM

I know this is all slimy crony capitalism…

… and a waste of tax payer’s money, but is any of it illegal?

Just askin’…

Seven Percent Solution on February 15, 2012 at 3:10 PM

Ever wonder why Solyndra never got much airplay? Despite all the questionable things that were done?

Little noted, even by CBS News’s Sheryl Atkinson, was the $ 750 million production facility built in a little over a year and a half.

In one of my former incarnations, I worked for an engineering firm that did a lot high end technology facility design and construction against ridiculously high speed schedules. The Solyndra facility, even allowing for overtime and premium paid for production of equipment costs, should have cost ~ $ 250 million. If you want to find your illegality – figure out where the other $ 500 million went. (Hint: This involves friends of friends in the true Chicago style.)

As Deepthroat said to Woodward, “Follow the money.”

PolAgnostic on February 15, 2012 at 3:33 PM

I just want someone, anyone to tell me why bho is going out daily to every state, getting tons of campaign funds and WE are paying for it? WHY? If bho is out campaigning, shouldn’t his war chest be paying for this? Gads knows bho has gotten tons of taxpayers money from these gone under taxpayers funded firms. I would bet that somehow bho found a way to sock it to taxpayers for him taking mo out to dinner on Valentines day?
L

letget on February 15, 2012 at 3:35 PM

None of this matters.

Those who embrace dependency upon the State – would embrace Satan – if he was the one doing the providing.

There is no scandal, no corruption, no failure – that will keep them from voting for Obamuh, again.

OhEssYouCowboys on February 15, 2012 at 3:35 PM

Let’s conjugate…

Corrupt… corrupter… Obama!

faraway on February 15, 2012 at 3:19 PM

Conjugate? That’s exactly what the conjugater-in-chief is doing to us.

Or, as Rush would say, “There’s a whole lot of conjugatin’ goin’ on.

davidk on February 15, 2012 at 3:38 PM

This is like money in the piggy bank…we break it open during the campaign…

right2bright on February 15, 2012 at 3:42 PM

Three less, I don’t mind one bit. Trout lines are good.

Bmore on February 15, 2012 at 3:32 PM

Did I miss three ban hammers? Holy cow who got it?

D-fusit on February 15, 2012 at 3:42 PM

None of this matters.

Those who embrace dependency upon the State – would embrace Satan – if he was the one doing the providing.

There is no scandal, no corruption, no failure – that will keep them from voting for Obamuh, again.

OhEssYouCowboys on February 15, 2012 at 3:35 PM

I would argue that they have already embraced Satan and he is doing the providing from his lair at 1600 Pennsylvania Avenue.

TXUS on February 15, 2012 at 3:42 PM

Its called Political Campaign Kick-Backs!!

Le Period!!

canopfor on February 15, 2012 at 3:42 PM

If Holder isn’t in jail in connection with 2000 dead Mexicans, then this guy won’t be in there for corruption.

teke184 on February 15, 2012 at 3:23 PM

I think they are just marking that up as a trade balance.

LoganSix on February 15, 2012 at 3:43 PM

A mere 4 Billion$$ ?

What a piker.

Related:

Yesterday, I got an email from a Solar Retailer I bought something from last year, with a letter attached that they wanted me to print, sign and send to 0bama, begging for more taxpayer money to be given to the solar industry.

Guess if I sent it in or not.

LegendHasIt on February 15, 2012 at 3:44 PM

Wow I have never seen such an expansive expensive coincidence/

Dr Evil on February 15, 2012 at 3:44 PM

And in ads and speeches, conservative groups and the Republican candidates are zeroing in on the administration’s decision to extend $535 million to the now-shutteredsolar firm Solyndra and billions of dollars more to clean-tech start-ups backed by the president’s political allies.
=============================

And where did the $1 Billion go,in private investment,
above the $535 Billion in Tax Payer loot,in regards to
Solyndra!?

canopfor on February 15, 2012 at 3:47 PM

My initial point was…

… if this were a Republican, the Democrats would be screaming for impeachment and the MSM would carry their water from now until the end of time itself.

If any of this is actually illegal, then even with Eric Holder in charge of the in-Justice Department, bringing this to the light of day would be another topic in the campaign…

… If it is not, then the Democrat double standard rule will be in effect.

Just sayin’…

Seven Percent Solution on February 15, 2012 at 3:51 PM

Hey, why do you think they call it “green” energy?

NOMOBO on February 15, 2012 at 3:51 PM

And this is the brilliance of the barry.bot campaign. While Rs talk about birth control…something that was settled about 50 years ago, and should be a liberty issue anyway…Barry is talking about a corporate Minimum Tax.

Now this Minimum Tax allows him to provide his own ‘cover’ for his crony capitalism (and donation machine).

Meanwhile, Ben Smith is a the every-linked Buzzfeed to keep Rs off stride.

Smith’s journOlist speciality is creating distractions to keep Republicans off-message. He’s a genius at coming up with nonsense-narratives, or items that build upon or amplify nonsense-narratives, that are specifically desiAgned to give Obama’s Media Palace Guards something to talk about other than Obama’s failed record or whatever it is the Republicans want to talk about. I first caught on to what Smith was doing back in 2008 when he published this.

and then all the snipers like Dana Milbank

r keller on February 15, 2012 at 3:53 PM

Notice how “dry” and “hard news” this piece is in the WaPo? No embedded opinion or snarkiness. In fact, only this “hard news” piece from them and no opinion writer throwing out an Op-Ed on this.

If this happened under Bush, the news piece would have swaths of snark inside it and a dozen Op-Ed’s would follow. It would migrate into a huge scandal and a Pulitzer would be waiting in the wings…..

Opposite Day on February 15, 2012 at 3:54 PM

$3.9 Billion seems a bit low to me.

Given the cover most of the media has given this administration, I would have thought they could have diverted more.

MessesWithTexas on February 15, 2012 at 3:54 PM

and manged to snag nearly $4 billion in federal funding in the green-tech stimulus, the Washington Post reports

Did MMFA approve this ” report “?

burrata on February 15, 2012 at 3:55 PM

Washington Post looking closely at administration sweetheart deals? Is that allowed? Or are they merely treading safe ground already trailblazed by unavoidable minimal Solyndra coverage. That sort of journalistic CYA would be allowed. Mm hm.

curved space on February 15, 2012 at 3:57 PM

Obama’s Truth Troops are now after the Washington Post???

Roy Rogers on February 15, 2012 at 3:58 PM

D-fusit on February 15, 2012 at 3:42 PM

Peek in over here at Ed’s show. I hang over here by myself on Crowder days.

Bmore on February 15, 2012 at 3:59 PM

There goes my blood pressure…again. I don’t know what sends me over the edge more, the corruption or the congress that does nothing about it. Legal or not, this should not be allowed. Sorry guys, but the GOP is full gutless morons who have been outmaneuvered by this administration at every turn.

Can’t Boener and McConnell be replaced by people with more backbone….like, immediately?

daddysgirl on February 15, 2012 at 4:00 PM

During the 2008 campaign, Barack Obama pledged to flush

He did flush.

The entire US capitalistic system straight down the Loo.

In the immortal words of the noted HA Legal Scholar crr6:

Thank you President Obama.

crr6 on May 1, 2011 at 10:45 PM

Notice how crr posted this on International Workers’ Day?

Del Dolemonte on February 15, 2012 at 4:00 PM

Thanks again, 52%ers.

AZCoyote on February 15, 2012 at 3:13 PM

Don’t forget to Thank all of the Idiot Republicans who stayed home from the polls in 2008 to “teach the Party a Lesson”.

Many of them are going to do the same thing this fall.

Del Dolemonte on February 15, 2012 at 4:02 PM

Hers a bag of worms that needs further investigation!!
And,this is how Obama goy his foot in the Demovrat door,
to run for a Senator??!!
————————

October 13, 2011
Obama’s Power Grid
********************

President Barack Obama’s environmental record has prompted eco-minded groups to call his policies “disastrous,” a “nightmare,” and a “sell-out.” Less well-known, however, is the fact that Obama himself has long been allied with Chicago-area pro-nuclear-energy leaders and that several people in his core council have professionally benefited from their association with Exelon,

the power company that runs America’s largest nuclear fleet. With Japan’s nuclear accident still looming, many in the environmental movement, who initially supported Obama’s “clean-energy” agenda, have been turned off, but, as Vanity Fair contributing editor Robert Sam Anson brings to light, Obama and his inner circle have vowed not to take the nuclear-power option off the table.

He’s announced $8.3 billion in federal-loan guarantees to build a pair of nuclear reactors in Georgia (the first in the U.S. in more than 30 years),

The capper: the same people who wooed Obama into being the nation’s chief advocate of spreading nuclear power now want no part of it.

How could such a smart guy have gotten into such a big mess?

A good slice of the answer has to do with Exelon, a utility company headquartered in Chicago with $18.6 billion in annual revenues, and America’s leading provider of nuclear-generated electricity.

Back in Springfield, Democrats reclaim the legislature, and in 2003 Jones becomes senate president. Obama informs his good friend he’s now in a position to make the next U.S. senator.

“Do you know of anyone?” Jones asks.

“Me,” Obama replies.

All at once, Obama’s name begins appearing on virtually every piece of major legislation. Profile increases, senatorial nomination follows.

Obama proves dexterous at fielding nuclear-power questions in the run-up to November 2004. The first part of his answer—“[should] remain on the table for consideration”—moves the Nuclear Energy Institute to congratulate him for “keeping an open mind.” The second—that, as senator, “a major priority” will be figuring how to store nuclear waste and ensure that plants are safe—wins the love of enviros. Equally pleased Exelon executives and employees contribute some $70,000 to his win.
(More…)
==========

http://www.vanityfair.com/politics/features/2011/10/obama-nuclear-201110

canopfor on February 15, 2012 at 4:04 PM

WaPo finds nearly $4 billion in green-tech stimulus funds went to WH-connected firms

“WaPo finds,” what, like they were the first to undercover this? I read almost the full story and just get a ho-hum feeling from it. Someone couldn’t resist mentioning that the Bush administration was involved and they included Clinton, too. Wow, a WH official says the loans were given based on the merits–no really, that from an Obamboozler WH official? I have a hard time believing that WaPo means anything even faintly resembling any kind of Watergate-type scandal uncovering journalism with his piece. They’re just getting’ on-board? Or just covering theirs so they can say they were on the case–even if they’re just spewing partisanry.

stukinIL4now on February 15, 2012 at 4:06 PM

Wilson Sonsini had its own connection to the White House: the firm’s chief executive, John Roos, was a top bundler for Obama’s 2008 campaign.

Roos is now U.S. Ambassador to Japan. His appointment was a huge slap at Japan. This is the first time the post has ever gone to a major campaign contributor with no other qualifications for the job. Previous Ambassadors include former Senators Howard Baker and Mike Mansfield, Douglas MacArthur, former VP Walter Mondale, and former Speaker Tom Foley.

rockmom on February 15, 2012 at 4:06 PM

Why won’t we eventually become Greece you ask? Because the Greeks are stupid. We’re smarter than the Greeks, that’s why. Now shut up and wait for us to call your name.”

BKeyser on February 15, 2012 at 3:28 PM

But what about that Greek Exceptionalism 0bama was expounding upon..?

affenhauer on February 15, 2012 at 4:07 PM

As usual, some Comedy Gold in the WaPo Comments:

where were you critics when the bush/cheney administration was running roughshod over the constitution, allowing industries to write their own environmental standards, deregulating the financial industries which precipitated the collapse of the financial markets, funneling billions to cheney’s old firm through the iraq war…where were you?!

Speaker Boehner invited Keystone XL execs as his personal guests at SOTU address. Comments?

You all seem to be unaware of these facts:

The Republican investigation of Solydra did not produce a single charge of any kind of problem.

The entire Solydra project began 4 years before Obama was elected and the extension was made at the behest of the Dept. of Energy folks that started it many years before.

Just to be technically correct. Cheny was inside of Iran doing contract work while the Iraq war was still going on. That makes him and Haliburton war profiteers under the US legal system.

And this desperate thread hijack attempt, which utterly failed:

Mittens – one of the biggest venture capitalists on the planet, and one of the biggest jokes regarding bankrupting companies. Mittens – number one vulture who goes after companies on the brink of going out.

Del Dolemonte on February 15, 2012 at 4:15 PM

There’s a saying “to find corruption, follow the money”. In the Obama administration, you only need to follow them to work.

TulsAmerican on February 15, 2012 at 4:23 PM

Words cannot fully describe my total disgust and loathing of the jerk who is our president.

GaltBlvnAtty on February 15, 2012 at 4:28 PM

I know earmarks are supposed to be evil, but at least the money was earmarked for a specific purpose and could be audited and accounted for. Earmarks were replaced by stimulus money which is nothing but a slush fund for politicians. Once again, the American taxpayer has been had.

lea on February 15, 2012 at 4:30 PM

If this is a legal, necessary step to re-elect the president who saved the auto industry, reformed health care, is winding down two stupidly run wars, and kept the economy from sliding into a depression, I’ll kee the change, thank you His pragmatism gives me hope for this November.
 
urban elitist on February 7, 2012 at 1:35 PM

rogerb on February 15, 2012 at 4:39 PM

A mere 4 Billion$$ ?

LegendHasIt on February 15, 2012 at 3:44 PM

Really, 4 billion?
Wake me up when we’re talking real money…oh wait.

OTTO on February 15, 2012 at 4:40 PM

At what point do we cast Obama as just another Democratic stooge?

NickelAndDime on February 15, 2012 at 4:46 PM

In a strange coincidence, none of those guys look like me.

-BHO

BobMbx on February 15, 2012 at 3:13 PM

Not true Barack. Steve Spinner also has big ears.

Mr_Magoo on February 15, 2012 at 4:57 PM

Mitt Romney has promised to focus on Obama’s “record” as a “venture capitalist.”

Heh.

President 10-289 definitely does not get a B+ in that category.

More like an EF…for EPIC FAIL.

MichaelGabriel on February 15, 2012 at 4:58 PM

Obama didn’t stop the lobbying. He just hired the lobbyists and gave away the treasury.

Whatever happened to “See something, say something”?

Mr_Magoo on February 15, 2012 at 4:59 PM

Hugo Chevez would be proud.

CommentGuy on February 15, 2012 at 5:00 PM

I love that picture of O with the $#!+ eatin’ grin on that RNC ad, laughing all the way to the bank with $7.21 Billion. Make that into a 30-second and and run it in places like PA and OH, who could make some money from natural gas, and we’ll see what they think of “green” (as in dollar bills) energy.

Steve Z on February 15, 2012 at 5:03 PM

Is this the same WAPo that fauns all over barry?

maybe some actual journalism instead of lock-step.

DiabloAzure on February 15, 2012 at 5:10 PM

Okay. So what’s your point? /big sarc/

Mr. Grump on February 15, 2012 at 5:11 PM

Good thing President 10-289 didn’t major in Finance at college.
He’d be holding up a cardboard sign at a highway overpass by now.

Community organizing is more his cup of tea.

MichaelGabriel on February 15, 2012 at 5:13 PM

Did the White House buy 4 Pinocchios with their $4 billion?

Steve Z on February 15, 2012 at 5:19 PM

And in other news:

Despite Whitney Houston cashing in on record sales and worldwide concert tours, the singer, … reportedly squandered her fortune by spending money on drugs, experts say. – FoxNews

No, really? That’s a stunner!

Mr_Magoo on February 15, 2012 at 5:21 PM

If the wapo is reporting this, you better at least quadruple the number. Minimum.

KMC1 on February 15, 2012 at 3:17 PM

Add up the numbers in the RNC ad, you get $7.21 Billion. Unless some of these theives teamed up to extort the same $$$.

Steve Z on February 15, 2012 at 5:30 PM

This will yet go down as one of the MOST CORRUPT administrations evah! But is that surprising? With it’s Chicago background?

GarandFan on February 15, 2012 at 6:33 PM

Prison for all. Have a spine GOP

scboy on February 15, 2012 at 7:20 PM

I’m shocked, just shocked!

Torch on February 16, 2012 at 10:14 AM