Least shocking story of the week: Obama lied about WH involvement in bankrupt Abound Solar loans

Barack Obama is a compulsive liar...

Via Daily Caller:

Just one day after President Obama went on television saying that politics had nothing to do with the now bankrupt Abound Solar receiving a taxpayer-backed loan guarantee from the Energy Department, emails have surfaced that contradict these claims and suggest White House involvement in the company receiving the loan.

“And these are decisions, by the way, that are made by the Department of Energy, they have nothing to do with politics,” President Obama told KUSA’s Kyle Clark.

However, emails obtained by COMPLETECOLORADO.COM suggest that the White House was involved in the Energy Department awarding Abound Solar a $400 million loan gurantee, contradicting the President’s claim.

The emails also suggest that the loan guarantee was political payback to Democratic benefactor Pat Stryker.

In one email, DOE loan executive Jonathan Silver tells DOE credit advisor Jim McCrea that, “You better [let] him know the [White House] wants to move Abound forward,” referring to Treasury Advisor Ian Samuels who wasn’t moving fast enough on scheduling calls regarding Abound.

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Yet Another Obama Fundraiser Gets $400 Million Department of Energy (DOE) Loan Guarantee

Green pay for green play?

Via Washington Examiner:

Abound Solar, given a $400 million Department of Energy (DOE) loan guarantee for a project expected to create 400 permanent jobs, receives private financial backing through an investment firm founded by a fundraising bundler for President Obama.

The Sunlight Foundation notes that Bohemian Companies, which was founded by billionaire and Obama bundler Pat Stryker, participated with other companies in the “second institutional equity round of financing” in 2008 for Abound Solar, which recieved $104 million total through that round of financing.

Stryker gave $50,000 to Obama’s inauguration, according to the Center for Responsive Politics, and raised a further $87,000 for the inauguration. Stryker has since donated $35,800 to the 2012 Obama Victory Fund, Sunlight reports.

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Abound Solar  makes solar panels. Solyndra made solar panels. The Chinese made solar panels much cheaper than Solyndra. Solyndra went bankrupt and took hundreds of millions of our tax dollars with it. I predict this company will be in bankruptcy within three years.