Saturday, October 27, 2012

Obama & Abound Solar - More Crony Capitalism

Socialist President Obama really knows how to take care of his "friends".   Another one of Obama's "friends" and one of his fat cat donors, an investor in Abound Solar, has filed for bankruptcy.   A woman by the name of Pat Stryker, associated with Abound contributed about $500,000 to the Socialist Party, including monies to Obama's campaign and Inaugural committee.  Stryker has also been a frequent visitor to the White House. 

This particular beneficiary of Obama's Crony Capitalism, funding "Green" companies, was provided $400 million in loan guarantees from the Department of Energy.   However, Abound has been accused of knowingly shipping out defective solar panels in order to secure the federal loan guarantee.  As a result, criminal proceedings are under way in Colorado against Abound and its management.  

Obama has given away $90 Billion in borrowed and taxpayer money to fund specific Solar and Wind companies and other Green boondoggles.   A lot of this money went to big donors feeding at the trough.   Several of these companies have already filed for bankruptcy, with more to follow.   Rather than funding these "Green" companies, if government has any role to play in making the United States Energy Independent, it would be better to fund grants in research to make all sources of energy cleaner, safer and cheaper, which is exactly what Mitt Romney has proposed.   For the most part, the federal government should not be involved in picking winners and losers and or funding companies, or more corporate bail outs.   It is always best to let the free market work.

We have to stop all of Obama's Crony Capitalism by making Obama a one term President.   We must elect Mitt Romney, the next President of the United States and gain Republican control of both Houses of Congress to restore respect for our country around the world, economic growth and job creation again in America.   We have to stop Obama's corrupt Crony Capitalism.

We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We must act to prevent the bankruptcy of the United States.   The waste, fraud and corruption under Socialist President Obama has grown to new levels.   It all has to stop.   We have to make it stop by making Obama a one term President.   

P.S.  To donate to Mitt Romney's campaign to take back our country, just go to and click on DONATE.  Once on that page, look for the line that says, I know my Referrers Information, click on that box and type in 8544, the National Freedom Forum Referral number to make our voices heard.  Give as much as you can to make Obama a one term President to end Crony Capitalism once and for all.

No comments:

Post a Comment