Cause of Action was able to determine, through publicly available data combined with a FOIA production, that for corporations who have received a loan guarantee of any amount, the likelihood that it made campaign contributions increases significantly. Of the data available, 95% (.95) of DOE loan recipients with less than $1 billion in annual revenue documented political contributions by the organization or senior level staff. Comparatively, only 31% (.319489) of similarly sized organizations that did not receive loans made political contributions in one way or another.Hat tip: Steven Hayward
PREVIOUSLY on "green energy" as a scam:
•Mafia profits off of "green energy" scams
•Environmentalists at war with environmentalists over green energy
•Surprise: EU's carbon trading riddled with fraud
•Obama declared that God has "commanded" us to fund green energy.