|
|
| |
Topic: Battery builder A123 Systems
that won $249 million federal grant
files for bankruptcy |
Battery builder A123 Systems
that won $249 million federal grant
files for bankruptcy
Yahoo Auto News, by Justin Hyde |
|
|
Original Article
|
|
Posted By:mambo 5, 10/16/2012 1:01:02 PM
|
| No company has embodied Washington's hope for an American-built electric vehicle business like A123 Systems. The Massachusetts-based company was supposed to become the leading home-grown supplier of lithium-ion batteries for automakers in the United States and around the world -- fueled in part by a $249 million grant from the Obama administration. Today, A123 Systems filed for bankruptcy, saying much of its assets would be sold after losing $857 million over the past several years. Here's why it failed.
|
Comments:
They are dropping like flies!
|
 
Reply 1 - Posted by:
lylacat, 10/16/2012 1:03:09 PM (No. 8937305)
Another notch on 0bie's belt.
|
Reply 2 - Posted by:
Robinsolana, 10/16/2012 1:06:01 PM (No. 8937313)
Obama's green subsidy OBundler cronies are steadily going bankrupt.
|
| |
|
Reply 3 - Posted by:
Teleologicus, 10/16/2012 1:09:25 PM (No. 8937322)
If you build it, they will not necessarily buy it - especially if the taxpayer is your venture capitalist.
|
Reply 4 - Posted by:
sgtfox of the jarhead clan, 10/16/2012 1:14:03 PM (No. 8937337)
More confiscated tax money being shoveled into the rat holes ...never to be seen again.
|
Reply 5 - Posted by:
Kurto, 10/16/2012 1:18:10 PM (No. 8937346)
Like Mitt Romney said, 0bama only picks losers.
|
Reply 6 - Posted by:
wlit22z, 10/16/2012 2:26:33 PM (No. 8937551)
And another one bites the dust! Is anyone keeping count?
|
Reply 7 - Posted by:
jgat, 10/16/2012 2:31:21 PM (No. 8937562)
Can anybody in the "green" electric generation/storage business produce a useful business plan or does the presence of taxpayer's money result in mental paralysis?
|
| |
|
Reply 8 - Posted by:
whyyeseyec, 10/16/2012 2:32:43 PM (No. 8937571)
How much in bonus`es and retirement pay are we on the hook for with this company?
Probably more than the initial loan....
|
Reply 9 - Posted by:
GOP_U_BET, 10/16/2012 2:34:14 PM (No. 8937578)
I keep hearing that song:
And another one gone, and another one, and another one bites the dust!
|
Reply 10 - Posted by:
pineledger, 10/16/2012 3:56:27 PM (No. 8937826)
Another of Zip's stellar investments.
|
Reply 11 - Posted by:
Griller1, 10/16/2012 5:38:35 PM (No. 8938054)
We all know that these are friends of, or friends of friends of, the president. They all got a boatload of taxpayer money so that they'll all be extremely wealthy for generations to come. There needs to be a major investigation as to whom these people were connected, and then many people should go to prison and never see freedom again.
|
Reply 12 - Posted by:
beca, 11/19/2012 8:20:45 AM (No. 9023306)
does anyone care enough to do anything about this..........the lame of brains reelected him.....a sign to keep wasting...and GIVING....
|
| |
|
Below, you will find ...
Most Recent Articles posted by "mambo 5"
and
Most Active Articles (last 48 hours)
|
Most Recent Articles posted by "mambo 5"
|
Security concerns after 500
pounds of still-missing explosives
stolen from federal bunker
|
|
FoxNews, by Barnini Chakraborty
Original Article
|
|
Posted By: mambo 5- 5/10/2013 12:22:09 PM
Post Reply
|
|
Around the same time the nation was transfixed on the hunt for the Boston Marathon bombers last month, thieves on the other side of the country pulled off a little-noticed heist -- swiping 559 pounds of explosives from a federal storage facility in Montana. As of Friday, not one ounce of it has been found. The incident, federal officials believe, was not terrorism-related. But it´s the latest to raise security concerns in an age when authorities are warning about the desire of violence-bent terrorists to inflict mass casualties with bombs.
|
Obama sends Congress $3.77T
spending plan, riles both sides
|
|
FoxNews, by Staff
Original Article
|
|
Posted By: mambo 5- 4/10/2013 11:10:26 AM
Post Reply
|
|
President Obama found himself weathering bipartisan broadsides Wednesday as he sent Congress his 2014 budget proposal, which in its effort to please both sides of the aisle has ended up angering both. The budget arrived on Capitol Hill Wednesday morning, delivered 65 days after the legal deadline. The $3.77 trillion spending plan, which is over 2,000 pages, tries to curb deficits by further raising taxes on top earners and reining in the growth of Social Security.
|
Ex-Detroit mayor convicted
of sweeping corruption charges
|
|
Reuters, by Steve Neavling
Original Article
|
|
Posted By: mambo 5- 3/11/2013 1:14:47 PM
Post Reply
|
|
Former Detroit Mayor Kwame Kilpatrick, once seen as a rising star in Democratic Party politics, was convicted on Monday on two dozen federal charges of corruption and bribery while in office. U.S. prosecutors accused Kilpatrick, 42, his father and a city contractor of widespread corruption, extorting bribes from contractors who wanted to be awarded or keep city contracts, turning the mayor´s office into "Kilpatrick Incorporated" during his seven year tenure.
|
IRS moves to collect billions
in fees from healthcare law
|
|
The Hill, by Ben Goad
Original Article
|
|
Posted By: mambo 5- 3/2/2013 3:09:22 AM
Post Reply
|
|
The Internal Revenue Service on Friday unveiled its proposal to raise tens of billions of dollars through annual fees on health insurers, prompting fierce criticism from industry groups who warn the costs will be passed along to consumers. The proposed rule from President Obama´s healthcare law will be published for public consideration in Monday’s Federal Register. The rule would assess annual fees on most insurers that would total $8 billion next year and rise thereafter, eclipsing $14 billion in 2018, according to the IRS.
|
| |
|
Former Clinton aide, columnist joins Woodward
in claiming White House threat
|
|
FoxNews, by Staff
Original Article
|
|
Posted By: mambo 5- 2/28/2013 4:51:20 PM
Post Reply
|
|
Another member of the Washington political media stepped forward Thursday to claim he was threatened by the Obama White House, shortly after the White House denied reports that an adviser threatened famed Watergate journalist Bob Woodward. The latest claim comes from Lanny Davis, who served as counsel to former President Bill Clinton and later went on to write a column for The Washington Times.
|
Obama’s Backers Seek
Big Donors to Press Agenda
|
|
New York Times, by NICHOLAS CONFESSORE
Original Article
|
|
Posted By: mambo 5- 2/26/2013 8:56:13 AM
Post Reply
|
|
President Obama’s political team is fanning out across the country in pursuit of an ambitious goal: raising $50 million to convert his re-election campaign into a powerhouse national advocacy network, a sum that would rank the new group as one of Washington’s biggest lobbying operations. (snip)But those contributions will also translate into access, according to donors courted by the president’s aides.
|
Detroit is in financial emergency,
state-appointed review finds
|
|
Associated Press, by Staff
Original Article
|
|
Posted By: mambo 5- 2/20/2013 9:32:09 AM
Post Reply
|
The fiscal crisis plaguing Detroit is now in the hands of Michigan´s governor after a state-appointed review team determined the city was in a financial emergency with "no satisfactory plan" to resolve it. Republican Gov. Rick Snyder has 30 days to decide if Detroit needs an emergency manager to take charge of its finances and spending, and come up with a new plan to get the city out of its financial mess. (Snip)The report also said the city´s bureaucratic structure makes it difficult to solve the financial problems.
Intro repaired by staff
|
Most Active Articles (last 48 hours)
|
Mark Levin Tears Into Obama: ‘Flat-
Out, Bald-Faced Lie’ That He Knew
Nothing About IRS Targeting
|
|
Mediaite, by Josh Feldman
Original Article
|
|
Posted By: KarenJ1- 5/23/2013 9:48:28 PM
Post Reply
|
|
Conservative radio host Mark Levin is very skeptical of the idea that President Obama had absolutely no idea about the IRS tea party targeting before the story broke in the news mere weeks ago. Levin declared adamantly that it is a “flat-out, bald-faced lie” that Obama didn’t know beforehand, citing prior reports by a few conservative news outlets picking up on the news well before the 2012 presidential election. Levin said, “I don’t believe for two seconds that Obama wasn’t aware of this.”
|
Obama nominates Nuland for
assistant secretary of state
|
|
Politico, by Reid J. Epstein
Original Article
|
|
Posted By: KarenJ1- 5/23/2013 10:08:52 PM
Post Reply
|
|
President Obama on Thursday nominated Victoria Nuland, a State Department official involved in the editing of the administration´s talking points on Benghazi, to be the next assistant secretary of state for European and Eurasian affairs. Nuland, a career foreign service officer who was until recently State´s top spokesperson, had long been expected to be nominated the post to replace Philip Gordon, who Obama picked to serve as Middle East coordinator for the National Security Council. Nuland´s nomination -- which requires Senate confirmation -- could come under scrutiny from Republicans who see her as playing a central role in shaping
|
| |
|
Anthony Weiner says Houston
psychiatric facility made
him ‘a new man’
|
|
Houston Chronicle, by Nicole Narea
Original Article
|
|
Posted By: Dreadnought- 5/23/2013 10:52:02 PM
Post Reply
|
|
Anthony Weiner’s New York mayoral candidacy was only made more improbable today after he revealed that he visited a Houston psychiatric facility following his resignation from Congress in 2011. Haunted by scandal surrounding his sexually explicit online communications with women, the Democratic former congressman sought treatment for his compulsive behavior from mental health professionals at the Gabbard Center. According to its website, the facility provides “3-day outpatient psychiatric evaluation,” particularly to “professionals who are in personal or professional crises.” While Weiner did not disclose
|
Bystanders in their own fate
|
|
Orange County Register (Ca), by Mark Steyn
Original Article
|
|
Posted By: Desert Fox- 5/24/2013 5:32:34 PM
Post Reply
|
|
On Wednesday, Drummer Lee Rigby of the Royal Regiment of Fusiliers, a man who had served Queen and country honorably in the hell of Helmand Province in Afghanistan, emerged from his barracks on Wellington Street, named after the Duke thereof, in southeast London. Minutes later, he was hacked to death in broad daylight and in full view of onlookers by two men with machetes who crowed "Allahu Akbar!" as they dumped his carcass in the middle of the street like so much roadkill. As grotesque as this act of savagery was, the aftermath was even more unsettling
|
Benghazi and Obama´s
Ambition to Be U.N. SecGen
|
|
American Thinker, by James Lewis
Original Article
|
|
Posted By: magnante- 5/25/2013 9:20:44 AM
Post Reply
|
|
Washington rumor has it that Obama wants to be U.N. Secretary General. There are several reasons that make that likely, and if it´s true, it throws new light on a lot of Obama´s oddities -- including his Royalty Bows, his Apology Tours, his Muslim Sellout, and the Benghazi Cover-Up. But first -- why would Obama be planning to become the chief of the U.N. before he has even finished his second term?
|
Mark Levin: "RINO" Issa Didn´t
Investigate IRS Before Because
He "Despises The Tea Party"
|
|
Real Clear Politics, by Ian Schwartz
Original Article
|
|
Posted By: KarenJ1- 5/24/2013 5:38:38 PM
Post Reply
|
|
MARK LEVIN: So why didn´t Chairman Issa hold an investigative hearing a year ago? Why didn´t Chairman Camp, all Republicans, hold an investigative hearing a year ago, and all the other tripping over themselves right now? I´ll tell you why. Because the establishment Republicans, the RINO Republicans, despise the Tea Party. They despise the conservative movement. We exist to be managed, to be shuttled to the polling place, to vote for their candidates. The Karl Roves of the world, and all the rest of them. They fight us in the primaries, they fight us at the grassroots.
|
Fox News’s Roger Ailes responds
to Justice Dept. investigation
|
|
Washington Post, by Erik Wemple
Original Article
|
|
Posted By: Dreadnought- 5/23/2013 11:00:19 PM
Post Reply
|
|
Fox News chief Roger Ailes has sent a memo to his subordinates at the leading cable news network. He sent this memo to his staff today in connection with the federal investigation into an alleged leak to Fox News reporter James Rosen, a story that the Washington Post’s Ann E. Marimow broke earlier this week. The memo’s a masterpiece, too. For all those who wonder what it is about Ailes that endears his people to him — and that makes him such a good interviewee for any media reporter lucky enough to get an audience
|
| | |
|
|
