 AFP raised $140 million in the 2012 election cycle, and it spent $122 million, more than in all the previous eight years since its founding.The organization spent more than $33.5 million on television advertisements opposing Obama's re-election.In 2011 and 2012, AFP spent $8.4 million in swing states on television advertisements denouncing a loan guarantee the Department of Energy had made to Solyndra, a manufacturer of solar panels.