Obama Fundraising with Solyndra Players Proves He Still Doesn’t Get It

| July 26 2012

Incumbent President Barack Obama attended a re-election fundraiser in Piedmont, California recently.

That’s not out of the ordinary during this time in the election cycle.  In fact, it is quite necessary for any presidential hopeful to raise funds for his campaign.

What was out of the ordinary was the fact that two of the attendees of this event were central figures in one of the blackest marks on the President’s first four years in office, the Solyndra loan.

Over $500 million of stimulus money was given to the company, who was a major player in the solar energy scene.

California Democrat Steve Westly, a Silicon Valley venture capitalist and former candidate for governor, tried to warn the administration about Solyndra’s viability to no avail.  The President ignored his concerns and visited the company anyway.

His concerns turned out to be justified as the company went bankrupt; losing all the taxpayer money it had been awarded.

Apparently he was not offended by the administration’s refusal to heed his warning because he was one of 60 Obama supporters in attendance at the $35,800-a-head fundraiser.

Nice to know the economy is still treating some of us well.

The far more controversial attendee was former senior advisor at the Department of Energy, Matt Rogers, who played a major role in approving the loan.

I find it interesting that the President continually allows himself to be associated with men tied to one of the biggest money pits we’ve seen in the last 4 years.

I also don’t understand why these men continue to support an administration that brazenly lost half a billion dollars in taxpayer money yet refuses to admit it is in the wrong.

Romney campaign spokesman Ryan Williams released what might just have the answer.

“President Obama’s first term worked out well for his donors who got special access and taxpayer money for their failed ventures,” Williams said. “It hasn’t worked as well for the 23 million Americans struggling for work in the worst economic recovery our country has ever had.”

So while these high rollers enjoyed their swanky dinner, and under the table promises of future support and funding of their pet projects, millions of others were choking down mac and cheese and praying that the next day would be the day they found work.

I’m guessing it’s going to be hard to find a job when one of the companies the government invested the citizen’s hard earned money in ended up adding 1100 of them to the unemployment line.

I think it is about time we elect a candidate that has a financial background and a proven track record when it comes to employment and money management, rather than the candidate who already lost over $500 million and doesn’t mind chilling with the guy who approved the deal.

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