Koch-Backed Group To Release $6 Million Swift Boat Style Campaign Vs. Obama

Americans for Prosperity, a conservative group bankrolled by the multimillionaire Koch brothers, is about to unleash a $6 million dollar ad campaign in order to attack President Obama.

The ads, described by ABC reporter Jake Tapper as contaning “claims that are not tethered to facts,” will attempt to compare the bankruptcy of solar energy company Solyndra (who received federal funds) to the corporate raider career of Republican frontrunner Mitt Romney.

The ad claims the Obama administration knew about Solyndra’s problems before they were given loans, but that isn’t true. By comparison, the companies that Romney ran were often shredded to the bone in pursuit of profit that was added to Romney’s rumoured $250 million net worth.

The Koch-backed ad also truncates a quote from President Obama on problems at Solyndra, making it appear as if he approves of the problems there. In fact, Obama is noting that most of the loan guarantees like Solyndra have worked out well for the government, as ABC reports. [ABC]