A conservative news and views blog.

Location: St. Louis, Missouri, United States

Tuesday, October 18, 2011

Govt. forks more green to green car company; Another Solyndra?

Dana Mathewson

I'm sure many of us have been intrigued at the Tesla cars, especially the (expensive) sports car. Well, folks, it seems that the Obama administration has given lots of your money to the manufacturer -- which just happens to be run by a guy who is a reliable Democratic Party donor. Surely that's just a coincidence.

"Tesla . . . is no simple new age car company. It is owned and financed by big donors to the Democratic Party and to Barack Obama’s 2008 presidential campaign. Tesla’s principal owner is Elon Musk, the founder of PayPal. He has an estimated personal wealth of $672 million. His firm received venture capital from the The Westly Group, Daimler Chrysler, and from Abu Dhabi investors. The firm has partnerships with luxury sports car manufacturer Lotus and with Mercedes-Benz.

"The secret to access to the DOE money is The Westly Group, run by California Democratic Party stalwart and big Obama campaign bundler Steve Westly. The former eBay executive wasn’t merely a prodigious fundraiser for Obama, raising $500,000 for his presidential campaign. He also served as the president’s California campaign co-chairman. Another Obama $500,000 bundler was Solyndra investor George Kaiser and his foundation."

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