Confession of a crony capitalist

What Obama donor and Solyndra investor George Kaiser said about federal money is shocking.  Senator Jim DeMint found a gem. In a column in the Washington Times decrying what he calls President Obama's failures in "venture socialism" he dug out a quote that George Kaiser said in a speech back in July, 2009: "There has never been more money shoved out of the government's door in world history and probably never will be again than in the last few months and the next 18 months. And our selfish, parochial goal is to get as much of it for Tulsa and Oklahoma as we possibly can." He also might have said to get as much for it as he could possibly get for his foundation and for his ego as Oklahoma's patron saint. George Kaiser is the billionaire oil and gas investor whose foundation was the major investor in Solyndra -- now a name that symbolizes the folly and destructiveness of crony capitalism. This statement is unwittingly revealing of how cronies view taxpayers' dollars (and...(Read Full Post)