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Electric Car Battery Maker A123
Systems Files Bankruptcy

Bloomberg.com, by Dawn McCarty

Original Article

Posted By:Mobyclik, 10/16/2012 9:52:18 AM

A123 Systems Inc. (AONE), a maker of rechargeable lithium-ion batteries for electric cars, filed for bankruptcy after failing to make a debt payment that was due yesterday.(Snip) A123, which received a $249.1 million federal grant in 2009 to build a U.S. factory, needed a financial lifeline after struggling with costs from a recall of batteries supplied to Fisker Automotive Inc., the plug-in hybrid luxury carmaker. A123 announced in August that it was working on a deal with Wanxiang Group Corp., China’s largest auto-parts maker, for financing in exchange for a majority ownership stake.

Comments:
Another one of Oblamos LOSER picks to squander $249.1 million of taxpayers money on. And now China gets it. These batteries were also for the wonderful Chevy Volt that EVERYONE wanted.

  

Post Reply  

Reply 1 - Posted by: Robinsolana, 10/16/2012 9:57:26 AM     (No. 8936751)

Does Obama only pick losers.
It is as if like attracts like.


Reply 2 - Posted by: Scottyboy, 10/16/2012 9:58:31 AM     (No. 8936754)

Yo Barry, how's that debate prep going ?


   

 

  


 
Reply 3 - Posted by: 3XALADY, 10/16/2012 10:48:37 AM     (No. 8936881)

Glenn Beck was talking yesterday about GM, how he had spoken to many of the top people about the hydrogen car that they were developing and that he drove for a month. Don't remember how GM made the decision to go with the electric car versus the hydrogen car, or was it Preezy Downgrade who made that decision?


Reply 4 - Posted by: PChristopher, 10/16/2012 12:31:37 PM     (No. 8937191)

This is beyond absurd. I wonder how many Swiss or off-shore accounts are filled with hundreds of millions of our tax dollars from these 'bankrupt' companies.

All friends of Obama's, I'm sure and all laundered back to him. Prison would be too kind for these scum.



Post Reply   Close thread 707070




Below, you will find ...

Most Recent Articles posted by "Mobyclik"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "Mobyclik"



Fake war hero sentenced
to year in prison
Tampa Tribune, by Ray Reyes    Original Article
Posted By: Mobyclik- 3/15/2013 9:38:56 AM     Post Reply
TAMPA He claimed he was a war hero injured in Iraq and bilked the Veterans Administration for thousands of dollars in medical care. He even persuaded the organization Vacations for Veterans to give him a free trip to Hawaii.(Snip)Crane portrayed himself as "the most decorated veteran in Florida," U.S. Assistant Attorney Amanda Kaiser said. Crane had falsely said he was awarded the Distinguished Flying Cross, two Purple Hearts, an Air Medal and other war-related awards. He told local veterans´ groups that "he was blind in one eye, had 24 metal plates in his face, took a bullet in his back

NASCAR´s Jeff Gordon pranks unsuspecting
car salesman in Pepsi video
The Oakland Press (Michigan), by Karen Workman    Original Article
Posted By: Mobyclik- 3/15/2013 7:49:52 AM     Post Reply
Pepsi´s video of NASCAR driver Jeff Gordon pulling a prank on an unsuspecting car salesman is going viral, racking up more than 1.4 million views since being uploaded Tuesday. Gordon, a champion NASCAR driver, disguised himself for the video and pretended he´d never driven a powerful car before, then gives the car salesman the test drive of a lifetime in a Camaro.

   

 

  


 
The week´s news
Hernando Today/Tampa Tribune, by Len Tria    Original Article
Posted By: Mobyclik- 3/10/2013 10:13:38 AM     Post Reply
This past week has been a news filled bonanza of important events. Let me start with the demise of the Dictator of Venezuela, Hugo Chavez, who succumbed to cancer after his extensive treatment in Cuba.(Snip) It is possible that he may yet get the Nobel Peace award posthumously for his nationalizing businesses and bringing 24 percent, or there about, inflation to his country.It is amazing that a country blessed with humongous oil reserves should still have naked poverty and huge unemployment after 14 years of enlightened rulership. One thing he reportedly did do well was to amass a private

Inside today´s executive branch office
Hernando Today/Tampa Tribune, by J.G.Nash    Original Article
Posted By: Mobyclik- 3/10/2013 10:01:12 AM     Post Reply
"Ok, the Republicans surprised us and hung tough on cutting some of the increase we´d hoped for in next year´s budget: what are we gonna do bout dat? Well Sir, we at INS have already taken action to show the public how painful those cuts will be. We´ve already released more than 2,000 illegal immigrants we´d held in our detention centers.(Snip)...cut the ammunition provided to front line troops. When those desert outposts run out of ammo, and are overrun by fanatical Arabs, the ignorant public will get the damn message. Look how excited they became over just that Benghazi thing.

Justice is a long time coming
Hernando Today/Tampa Tribune, by Staff    Original Article
Posted By: Mobyclik- 3/6/2013 9:42:09 AM     Post Reply
Finally after several years of the intrigue associated with the biggest leak of government classified documents to the WikiLeaks website, the perpetrator, Pvt. Bradley Manning, has admitted guilt to lesser counts of the charges against him. (Snip)We have another high profile case involving a military man, Maj. Nadal Hasan, who shot and killed 13 people and wounded 30 others at Fort Hood, Texas. This happened on Nov. 5, 2009, a full 40 months ago. Our government, by the way, does not call it an act of terrorism, but rather defines it as workplace violence, even after there is proof

Cuts, cuts and what?
Tampa Tribune/Hernando Today, by Len Tria    Original Article
Posted By: Mobyclik- 2/21/2013 9:06:56 AM     Post Reply
The Democrats are running around like Chicken Little of "the sky is falling" fame, forecasting the dire results of sequestration foisted upon us by the bad Republicans. Our military will dissolve instantly, ships will disappear from the sea, little kids will lose their babysitters at Head Start and all kinds of draconian things will befall the country. As usual it is just so much hogwash that is meant to play to the low information voters whom we have plenty of.(Snip) I am waiting for him to blame George W. Bush, who has been blamed for everything that the

President Obama´s gun law diversion
Tampa Tribune/Hernando Today, by J.G. Nash    Original Article
Posted By: Mobyclik- 1/22/2013 10:16:17 AM     Post Reply
Television´s History channel is running an outstanding series about each and every one of our presidents. Nowhere in that has there been evidence of a Chief Executive with less character, lower standards, fewer morals, greater incompetence, a more dangerous socio-political agenda, and yet with increasingly arrogant, personal ambition and ego than those of President Barrack Hussein Obama. My damning allegations have never been better proven, than by Mr. Obama´s current, disgraceful...

   

 



 
As he was saying...
Tampa Tribune/Hernando Today, by Len Tria    Original Article
Posted By: Mobyclik- 1/13/2013 7:57:12 AM     Post Reply
"The fact that we are here today to debate raising America´s debt limit is a sign of leadership failure. It is a sign that the U.S. government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government´s reckless fiscal policies. Increasing America´s debt weakens us domestically and internationally. Leadership means that, ´the buck stops here.´ (Snip) America has a debt problem and a failure of leadership. Americans deserve better."

Benghazi gate
Hernando Today/Tampa Tribune, by Len Tria    Original Article
Posted By: Mobyclik- 11/20/2012 12:49:57 PM     Post Reply
After almost ¾ of a year the president finally holds a press conference but the press fails to show up. I mean they physically showed up but not journalistically. In the world of politics and press when the press fawns over someone they find a way to either not ask a probing question or they simply ask a non-consequential one. That is what happened on Wednesday when the president was served up a bunch of softball questions that made for one of the dullest press conferences in recent memory. When queried about Benghazi and...

Border Patrol under scrutiny
for deadly force in Arizona
Associated Press, by Staff    Original Article
Posted By: Mobyclik- 11/14/2012 9:53:55 AM     Post Reply
NOGALES, Ariz.-A pair of Mexican drug smugglers in camouflage pants, bundles of marijuana strapped to their backs, scaled a 25 foot-high fence in the middle of the night, slipped quietly into the United States and dashed into the darkness. U.S. Border Patrol agents and local police gave chase on foot — from bushes to behind homes, then back to the fence. The conflict escalated. Authorities say they were being pelted with rocks. One agent responded by aiming a gun into Mexico and firing multiple shots at the assailant, killing a

Republicans poised for
gains in governor’s races
Associated Press, by Mike Baker    Original Article
Posted By: Mobyclik- 10/30/2012 7:39:17 AM     Post Reply
Olympia, Wash. - Republicans are in position to extend their recent gains among governors as they compete for seats they haven’t won in a quarter-century. Of the 11 states with gubernatorial elections in November, eight are now led by Democrats, and each of the most competitive races is a GOP pickup opportunity. The numbers suggests that Republicans soon will claim 30 to 33 governorships after holding just 22 a few years ago — an advantage not reflected in the divided Congress or competitive presidential race. “It says that when people are choosing the government closest to the people,

October Jobs Report
Still On Tap For Friday
FOX Business, by Dunstan Prial    Original Article
Posted By: Mobyclik- 10/30/2012 7:10:30 AM     Post Reply
The U.S. Labor Department said it plans to release the October jobs report due out Friday as scheduled, despite the onslaught of Hurricane Sandy. "The employees at the Bureau of Labor Statistics are working hard to ensure the timely release of employment data on Friday, November 2," said a Labor Department spokesperson. "It is our intention that Friday will be business as usual regarding the October Employment Situation Report." The October jobs report could have a significant impact on the Nov. 6 presidential election. A positive report would undoubtedly be hailed by President Obama

   

 

  


 


Most Active Articles (last 48 hours)



The most shocking news
you won´t see in the MSM today

62 replie(s)
American Thinker, by Thomas Lifson    Original Article
Posted By: magnante- 4/9/2013 11:49:09 AM     Post Reply
The murder trial of abortionist Kermit Gosnell largely is being ignored by the mainstream media, even in the face of grisly testimony, such as what we heard yesterday. Life News reports: ...a former employee described how she heard a baby scream during a live-birth abortion. Abortion clinic employee Sherry West described an incident which "really freaked (her) out" and related to the jury how she heard a child who was born alive following an abortion scream.

Obama says he´s ´determined
as ever´ for gun bill

60 replie(s)
Associated Press, by Nedra Pickler    Original Article
Posted By: Desert Fox- 4/8/2013 10:27:49 PM     Post Reply
HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try

White House: Planned GOP
gun filibuster cowardly

48 replie(s)
Washington Times, by Dave Boyer    Original Article
Posted By: Dreadnought- 4/8/2013 11:08:31 PM     Post Reply
Beginning a week of high pressure on gun control, the White House on Monday accused some Republican senators of cowardice for planning to filibuster gun legislation without allowing the full Senate to vote on President Obama’s initiatives. “If they oppose this legislation, have the courage to say so on the floor and vote no,” said White House press secretary Jay Carney. “Don’t block it. Don’t hide behind a procedural action to prevent a vote. That’s the wrong thing to do, and that’s how the president clearly feels.”

´Mickey Mouse Club´ star
Annette Funicello dies at 70

47 replie(s)
Los Angeles Times, by Dennis McLellan    Original Article
Posted By: JoniTx- 4/8/2013 1:18:00 PM     Post Reply
Annette Funicello, the dark-haired darling of TV´s “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the ´60s by teaming with Frankie Avalon in a popular series of “beach” movies, died Monday. She was 70. Funicello, who was diagnosed with multiple sclerosis in 1987 and became a spokeswoman for treatment of the chronic, often-debilitating disease of the central nervous system, died at Mercy Southwest Hospital in Bakersfield, Walt Disney Co. spokesman Howard Green said. Funicello and her husband, Glen Holt, had moved from

Chelsea Clinton doesn´t close
door to public office

42 replie(s)
USA Today, by Catalina Camia    Original Article
Posted By: jackson- 4/8/2013 10:23:20 AM     Post Reply
Chelsea Clinton has raised her profile in the last few days, which sparked the inevitable question about the former first daughter´s future: Will she ever be like Mom and Dad and run for office? Clinton, 33, essentially said "maybe" in an interview that aired Monday on NBC´s Today show. "Right now I´m grateful to live in a city, a state and a country where I strongly support my mayor, my governor, my president and my senators and my representative," said Clinton, whose father, Bill, was president from 1993-2001 and her mother, Hillary

   

 



 
Obama flying 11 relatives of Sandy Hook
victims to D.C. on Air Force One so
they can back gun control in person

39 replie(s)
Associated Press, by Staff    Original Article
Posted By: BuckeyeRon- 4/8/2013 4:05:18 PM     Post Reply
President Barack Obama is bringing 11 relatives of those killed in the shooting at Connecticut´s Sandy Hook Elementary School to Washington on Air Force One on Monday so they can personally encourage senators to back gun legislation that faces tough opposition. A nonprofit organization that works with the families, Sandy Hook Promise, said that after Obama´s speech on gun control in Hartford, he is flying with relatives of seven children and one staffer killed during December´s massacre at the school. The White House says Obama is going to argue that lawmakers have an

Updated: White House, McCain
blast Cruz for threatening
filibuster over guns

38 replie(s)
Houston Chronicle, by Joanna Raines    Original Article
Posted By: JoniTx- 4/8/2013 4:55:05 PM     Post Reply
There was growing buzz over the weekend that a bipartisan agreement on gun control — a deal that would expand background checks — could hit the floor as early as this week. However, any deal could be derailed by the looming threat of a Republican filibuster involving Texas Sen. Ted Cruz. With Cruz standing proudly in the way of any gun legislation, Democrats are trying to make him pay a political price — and even a couple of high-profile Republicans are questioning his tactics.

Why Is White House
Stonewalling on Benghazi

36 replie(s)
Investor´s Business Daily, by Rep, Dana Rohrbacher    Original Article
Posted By: Desert Fox- 4/8/2013 7:13:10 PM     Post Reply
More than six months since Ambassador Christopher Stevens was assassinated by terrorists in Benghazi, the Obama administration is still trying to keep a lid on information about the attack. Congress and the American people need to know what happened the night of Sept. 11, 2012. Who did the killing and what was their motive? Why wasn´t help sent? And why did the administration lie about who was responsible? Members of Congress have asked hundreds of questions at hearings conducted by several investigative committees, but many of the most significant have been left unanswered. Information detailing what happened before, during and
Headline corrected.

Joe Scarborough: Republicans
that filibuster gun control ´put
rapists´ rights over parents´ rights´

32 replie(s)
Daily Caller, by Jeff Poor    Original Article
Posted By: sparky86- 4/8/2013 11:05:50 AM     Post Reply
On Monday’s broadcast of MSNBC “Morning Joe,” host Joe Scarborough voiced his agreement with Arizona Republican Sen. John McCain, who on Sunday’s “Face the Nation” on CBS questioned those Republicans who are threatening a filibuster on pending gun control legislation. Scarborough said such a filibuster would be an example of the GOP putting “rapists’ rights ahead over parents’ rights.” “[I] tell you what, Richard Haass, I saw John McCain there,” Scarborough said. “And I’m hopeful. Because, you know, there are a lot of guys out there in the Senate and they are going out because it’s a free shot.

The World-Changing Margaret Thatcher
32 replie(s)
Wall Street Journal, by Paul Johnson    Original Article
Posted By: Desert Fox- 4/8/2013 8:21:53 PM     Post Reply
Margaret Thatcher had more impact on the world than any woman ruler since Catherine the Great of Russia. Not only did she turn around—decisively—the British economy in the 1980s, she also saw her methods copied in more than 50 countries. "Thatcherism" was the most popular and successful way of running a country in the last quarter of the 20th century and into the 21st. Her origins were humble. Born Oct. 13, 1925, she was the daughter of a grocer in the Lincolnshire town of Grantham. Alfred Roberts was no ordinary shopkeeper.

Poll: Obama underwater on
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30 replie(s)
Politico, by Donovan Slack    Original Article
Posted By: Dreadnought- 4/8/2013 10:17:29 PM     Post Reply
A new CNN/ORC International poll found President Obama´s overall approval rating has ticked up to 51 percent but ratings have fallen on his handling of the key issues on his agenda: immigration, guns, and the deficit. On immigration, 44 percent approve of the way he is handling the issue, down from 51 percent in January. At the same time, disapproval has jumped to 50 percent, up from 43 percent in January. On guns, 45 percent approve and 52 percent disapprove, the poll found. In January, 46 percent approved and 49 percent dispproved. And on the deficit, 38 percent approve

Obama Responded Faster to Ebert´s
Death Than He Has to Thatcher´s

29 replie(s)
Cybercast News Service, by Staff    Original Article
Posted By: Maryland_Patriot- 4/8/2013 10:49:04 AM     Post Reply
Update: The White House issued a statement on Margaret Thatcher´s death shortly after 10 a.m., hours after the news broke. The entire statement is printed at the end of this report: (CNSNews.com) - Hours after the BBC reported the death of conservative British Prime Minister Margaret Thatcher on Monday, President Barack Obama still had not issued a statement on her passing. But last week, within half an hour of film critic Roger Ebert´s death, the White House tweeted a statement from the president. As of 10:00 a.m. EDT on Monday, there was still silence from the White House on Thatcher´s death,

   

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