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Big news in the White House is under fire for how it handled Green energy stimulus funds.
And that are looking into the programs that were funded by the White House and its -- -- number of subsidies and guarantees.
That were handed out.
To campaign donors who had some links with some of these companies that got the money so just how much taxpayer money.
Went to the friends of the administration is -- questions.
Is being raised so Debra -- been doing some reporting on that looking into it is this a lot broader.
Indeed it is Martha behind the headlines of Solyndra and lightsquared congressional investigators have uncovered a covered a pattern of pour -- scrutinize loans and loan guarantees.
Given to well connected Democrats.
Here's just a few of them.
Well we all know about slender 535.
Million dollar loan guarantee to a company whose chief investor was Obama campaign under George Kaiser.
There's also bright source energy of one point six billion dollar loan to a company -- senior advisors Robert Kennedy junior.
So -- reserve 737.
Million dollar loan to a company which had as a major investor Michael for Roman who has now a deputy assistant to the president.
Who bubbled up to a half million dollars for the president in 2008.
And granite reliable wind generation of 168.
Point nine million dollar loan.
-- much former majority owner in that company is Nancy and DePaul was now White House deputy chief of staff.
Peter Schweitzer author of the book throw them all out says the blame lies with the president.
What he's done is he's taken the energy and alternative energy program and used it as an opportunity to.
Make his campaign contributors and members of his finance committee first campaign.
But even more wealthy than they are.
If you look at the percentages of a loan guaranteed loans and grants.
That have gone to Obama connected companies it's astonishing dances around 75%.
And this is in a program where the acceptance rate is less than 10%.
This is a problem of when the government becomes involved in economic decisions that are best left for the private sector it.
Reduces -- and -- have -- lower costs and innovate.
Schweitzer believes that of many of those who were chosen to receive the loan guarantees were picked almost solely.
For their success in raising money for the Obama campaign Martha.
That thank you.
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