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$100 Million Man to Host $1Bn President | Missouri Political News Service

$100 Million Man to Host $1Bn President

October 3rd, 2011 by mopns · No Comments

Now that Solyndra has gone bankrupt, and the president’s green jobs initiative has been a monumental bust, it’s amazing that the president will attend a fundraiser hosted by Tom Carnahan. Carnahan’s windfarm “luckily” received a $100 million subsidy during the stimulus frenzy. The Obama campaign announced earlier this year that they planned on raising $1 billion dollars for the upcoming campaign, tomorrow’s event will be another step towards that lusty goal.

President Barack Obama will raise money in early October with a Missouri businessman whose company benefited from a $107 million federal tax credit to develop a wind power facility in his state.

Tom Carnahan, a scion of Missouri’s most prominent Democratic political family, is listed on Obama’s campaign website as a host of a $25,000-per-person fundraiser to be held in St. Louis on October 4.

His energy development firm, Wind Capital Group, was helped by a sizable credit authorized in the stimulus, for an energy project in northwest Missouri. Read more….



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