Group spends $6 million linking Obama to Solyndra in ad
January 16th, 2012
02:21 PM ET
11 years ago

Group spends $6 million linking Obama to Solyndra in ad

(CNN) - A conservative group announced Monday they were spending millions to spotlight President Barack Obama's involvement in the failed green energy firm Solyndra, which received loan guarantees from the federal government before it declared bankruptcy.

Americans for Prosperity said they spent $6 million to run the minute-long spot in the battleground states of Michigan, North Carolina, Ohio, Wisconsin, Virginia and Iowa. The ad began airing Monday.

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The conservative group touted the ad as the "first major ad buy of 2012 focused on the Obama Administration's failed policies."

"This ad is important because it puts a spotlight on how cronyism and blind ideology came together in the halls of the White House," Tim Phillips, President of Americans for Prosperity, said in a statement.

Solyndra failed after receiving $535 million in federal loan guarantees in 2009. Prior to the bankruptcy, President Barack Obama visited the company to tout it as a model for green industry.

The spot accuses Obama of helping secure the loan guarantees for Solyndra for political reasons.

"We all know about Solyndra," the narrator says. "The White House emails. The FBI raids. Solyndra investors raised campaign money for Obama. The government gives Solyndra half a billion in taxpayer money. Politics as usual."

The ad closes with the narrator telling viewers, "Tell President Obama American workers aren't pawns in your political games."

Americans for Prosperity supports many tea party movement causes, and has pushed for reducing government regulation in the oil and gas industries,

The group was co-founded by industrialists Charles and David Koch, who are major supporters of conservative and libertarian causes.

In November, AFP ran a similar ad attacking Obama for the Solyndra affair. That buy was for $2.4 million, and ran in the battleground states of Florida, Michigan, New Mexico and Virginia.

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Filed under: 2012 • Energy • President Obama
soundoff (78 Responses)
  1. demogoat

    How about $400,000,000,000.00 for the F35 fighter jets that can't land on an aircraft carrier. Now that is planning. Waste is spelled Department of Defense.

    January 16, 2012 04:45 pm at 4:45 pm |
  2. Marcus

    Hey Truth...

    The Congress voted for the 'Iraq intervention stuff' because of two things:
    WMDS – that were never found
    Links beteween Al Qaeda and Saddam Hussein's regime – Never proven,
    But all the reports that were provided to the congressmen and women said that it was only a matter of months to prove them both...
    Who provided those reports again?

    January 16, 2012 04:49 pm at 4:49 pm |
  3. Fla Pete

    How much did your past pres Bush spend overseas,between money and lives lost.What about no bid contracts to Halliburton,for example,you Repubs are such flippin hypocrites.Don't do what I do,do what I say...Bush outsourced how much overseas with tax breaks,you are so forgetfull,must be on some good stuff,acting so stupid.How much did we spend on Medicaid,Medicare with no backing to pay for it,you forget,so I'm reminding you STUPID PEOPLE,spend your superpac money,you're gonna need more to beat Obama,arrogent hypocritical you are.How much did Bush spend to pick up Bin Ladens family stateside to send back home,you don't remember do ya,selective memory,I assume...You Repubs turned this country upside down,no one else,REMEMBER THAT...Obama was saddled with over 11trillion in Bush debt before he took office,do your math.People in glass houses shouldn't throw stones,complete morones...

    January 16, 2012 05:01 pm at 5:01 pm |
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