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Wednesday, February 15, 2012

Venture capitalists play key role in Obama’s Energy Department - The Washington Post

Venture capitalists play key role in Obama’s Energy Department - The Washington Post: "During the next three years, the department provided $2.4 billion in public funding to clean-energy companies in which Wagle’s former firm, Vantage Point Venture Partners, had invested, a Washington Post analysis found. Overall, the Post found that $3.9 billion in federal grants and financing flowed to 21 companies backed by firms with connections to five Obama administration staffers and advisers."

Crony capitalism. Hate to say it, but it's what the Nazis did...

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