Why Taxpayers Are Taking A Half Billion Dollar Bath With the 31st Richest Man in America (Thanks, Obama!)

George Kaiser is, according to the Tulsa World, the “wealthiest man in Oklahoma, and the 31st richest in the country.” He’s got a net worth of $10 billion dollars.

He runs a family foundation “dedicated to breaking the cycle of poverty through investments in early childhood education, community health, social services, and civic enhancement.” Speaking to the Rotary Club of Tulsa in 2009 about his foundation’s efforts to obtain “stimulus” funds, he said approvingly of the trillion-dollar Obama stimulus package: “There’s never been more money shoved out the government’s door in world history, and there probably never will be again.”

Kaiser is a top Obama donor, having raised somewhere between $50,000 and $100,000 for the Obama 2008 campaign, along with a personal donation of $53,500. He’s the primary investor in a company whose executives and board members kicked in a total of $87,050 to get Barack Obama elected. This kind of campaign loot earned Kaiser a remarkable level of White House access. He’s visited the White House sixteen times since 2009.

Although he’s made a fortune from oil and gas, Kaiser is a deep thinker about “energy independence,” by which he means forcing Americans to use less gasoline. He’s proposed a “freebate” that would grab billions in new taxes from gasoline purchasers, and redistribute the money so that people who don’t buy a lot of gas will get a nice government handout bonus at the end of the year.

Oh, and the company he invested in, that poured so much money into Barack Obama’s campaign coffers? That would be Solyndra. Based on the amount of taxpayer money pumped into Solyndra, and the number of corners cut to get it there, George Kaiser is the most important man in America. It’s a shame we didn’t get to know him better before we all took a bath with him.

— John Hayward, Human Events

From:  http://content.eaglepub.com/?ldrgplYu0wOMIZ1z0OPIk5gdaVhquNgRl

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