4/01/2011

One of Obama's top fundraisers obtains a half of billion for "Green" Projects, and no that isn't a pun for money projects

From Judicial Watch:

One of President Obama’s top fundraisers has been rewarded with more than half a billion dollars in stimulus money for “green” projects and a coveted adviser position at the federal agency that regulates his highly profitable business ventures.

It’s the very cycle of money, influence and access that Obama vowed to break when he came to Washington, according to the investigative journalism group that broke the story this week. Not only has the president’s money man benefited from the astounding sums of cash the administration has dedicated to “clean energy” startups, he also has extraordinary access to the White House and serves as an adviser to the cabinet official (Energy Secretary Steven Chu) who regulates his industry.

The prolific Democratic fundraiser, Steve Westly, worked in the Jimmy Carter Administration and was once a public official in California where he currently operates a lucrative “green” business (Westly Group) that’s boomed in just a few years. The Westly Group has raked in more than half a billion dollars in loans, grants or stimulus money from the Department of Energy which is doling out around $35 billion to politically-connected businesses that help reduce pollution.

A frequent White House visitor Westly is also a member of a government advisory board on energy policy, which means he actually “advises” Energy Secretary Chu, the administration official in charge of distributing the agency’s green startup cash. The money is supposed to help clean technology firms expand in order to meet Obama’s goal of lowering dependence on foreign oil. . . .

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