A who's who list of Barack Obama contributors and recipients of his $787 billion stimulus program. Image courtesy of michaelcostello.blogspot.com
March 27, 2012. Washington. In this third of a three-part Whiteout Press series titled Naming Names, we expose President Obama’s $787 billion dollar Stimulus Program. We give you the names of the individuals guilty of diverting the stimulus funding to the President’s campaign contributors. We also expose the people and companies that donated to the Obama campaign and then found themselves showered with billions in stimulus funding, much of it undocumented and undeserved. The names involved are shocking, including the richest men on Earth, current and former US Senators and even a past Vice President. But the one person at the center of it all is President Barack Obama.
All of the below information comes from the recently published book, ‘Throw Them All Out’ by Peter Schweizer. Just like the first installment of this Whiteout Press special series, ‘Naming Names – Congressman Guilty of Insider Trading’, Schweizer digs out the dirty details of President Obama’s stimulus spending and matches it up with the seemingly endless list of Barack Obama campaign contributors. What Schweizer discovers is a shocking overlap between the two. In an audit of just one stimulus program by the Dept of Energy, the agency found that $16.4 billion of the total $20.5 billion allocated went directly to Obama campaign contributors. After tireless investigation, it turns out that one program was indicative of the President’s entire trillion dollar stimulus program. The book ‘Throw Them All Out’ is a must read – order it here and help Whiteout Press at the same time.
Peter Schweizer sums up what his research revealed by explaining, “Beginning in 2009, the U.S. embarked on the greatest reverse-Robyn Hood transfer of wealth in history. Tax money was taken from all, rich and poor, and given to billionaires.”
Barack Obama’s strategy to take taxpayer funds and turn them into campaign contributions was simple, only in reverse. With tens of millions in campaign contributions to the future President came an implied promise to reimburse that money out of the US Treasury, sometimes ten-fold, one hundred-fold or one thousand-fold. To make it happen, the President and his donors used a dozen key individuals to facilitate the transaction. Those individuals quietly moved between three common professions over the time period the operation was in effect.
They were either ‘bundlers’ for Barack Obama’s fundraising team, meaning they collected donations from a number of individuals and corporations and combined them into one, very impactful contribution. They were on Barack Obama’s official staff, advising the candidate and President on any of a number of issues. Or they were employed by a for-profit corporation where they had no knowledge or understanding of what the company did. Their only value was the connections these individuals had to Washington DC and politician like then US Senator Barack Obama, or in the cases of Warren Buffett and George Soros, Illinois State Senator Obama..
These key individuals played musical chairs between the three positions, guiding money and influence from the President’s contributors to the White House and back again. According to Peter Schweizer’s book, his research reveals that at least ten members of President Obama’s Finance Committee and more than a dozen of his fundraising ‘bundlers’ found themselves conveniently employed at corporations that received billions in stimulus funding. Others began at these same corporations and quietly moved into key staff positions in the Obama Energy Dept, where they shepherded stimulus money back to the corporations they just came from.
Rather than plagiarize Mr. Schweizer’s incredibly insightful book ‘Throw Them All Out’ and reprint too much of the specific detail, we’re going to name the names and quote some of the raw data and notes to give our readers a basic understanding of the role each played in the scandal that traded stimulus funds for campaign contributions.
Summarized from the book ‘Throw Them All Out’ by Peter Schweizer
These are the key players responsible for diverting stimulus money to Barack Obama and DNC campaign contributors. If investigators are looking for a smoking gun, the below individuals are the ones with gun powder residue on their hands. After these individuals’ first 18 loans, the GAO audited the financial transactions and “found that NONE were properly documented.”
The Inside Players
The following individuals found themselves in one or more of three key positions in the stimulus for contributions scandal. They either worked for a stimulus recipient, worked in the White House or the Energy Dept, or owned all or a portion of the companies receiving stimulus money. Some held all three positions at various times. All companies, corporations, banks and investment firms mentioned were donors to either Barack Obama or the Democratic Party, as well as recipients of taxpayer stimulus funding.
For more information on Warren Buffett, read the Whiteout Press article, ‘Warren Buffett, the Devil in the Details’.
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