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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.

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

Yo Barry, how's that debate prep going ?

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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?



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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.

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Below, you will find ...

Most Recent Articles posted by "Mobyclik"

and

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Most Recent Articles posted by "Mobyclik"



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Bat Guano Crazy´
Breitbart.com, by Staff    Original Article
Posted By: Mobyclik- 3/15/2014 9:48:16 AM     Post Reply
On Thursday’s “The O’Reilly Factor” on the Fox News Channel, comedian Dennis Miller ranted against the lawmakers that participated in the so-called “Up4Climate” talk-a-thon that took place on the floor of the U.S. Senate earlier this week to draw attention to global warming. (Snip) But simply, her secret service name is ‘polar vortex,’ alright? She is an idiot. She is bat guano crazy. She sleeps upside-down. If she thinks there is global warming that is enough of a reason...

Debbie’s Double-Talk
Washington Free Beacon, by Adam Kredo    Original Article
Posted By: Mobyclik- 1/14/2014 6:20:00 PM     Post Reply
Jewish community leaders in South Florida say they are growing frustrated with Rep. Debbie Wasserman Schultz (D., Fla.) over her conflicting statements regarding a bipartisan Iran sanctions measure in the House. Following a Washington Free Beacon report detailing her efforts to block a House resolution backing new sanctions on Iran, Wasserman Schultz has told her hometown press that she is open to new sanctions, while telling D.C. reporters that she opposes them.(Snip)Other Jewish leaders said that Wasserman Schultz’s staff has alternately mocked the Free Beacon and lashed out at its reporters. One senior legislative assistance in the congresswoman’s D.C. office even denied

   

 

  


 
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CNN, by Brian Walker    Original Article
Posted By: Mobyclik- 1/8/2014 10:04:40 AM     Post Reply
Two ships broke free Tuesday from the Antarctic ice that had trapped them off the continent´s coast. Cracks in the ice allowed the Russian research ship Akademik Shokalskiy to escape the ice field where it had been stranded for two weeks, Australia´s Maritime Safety Authority said. The Chinese icebreaker Xue Long, which had gotten stuck in the ice during an attempt to extract the Russian ship, broke free about an hour later, officials said. (Snip)The Xue Long will remain on its original mission in the Antarctic, China´s state-run Xinhua news agency said.

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Posted By: Mobyclik- 9/23/2013 11:49:12 AM     Post Reply
As the saga of the Affordable Care Act continues, another mammoth program being pushed by the Department of Education for approval by all state legislatures is a national curriculum, which is called Common Core State Standards.(Snip)CCSS expedites the process of making government schools a vehicle for propagandizing students. The centralized government would be able to "teach" moral relativism, fairness, political correctness, multiculturalism, tolerance for the progressive agenda and bigotry for the traditional moral values. These Marxist/progressive concepts are changing the culture to welfare dependency.

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Posted By: Mobyclik- 9/4/2013 6:15:11 PM     Post Reply
Barack Obama is either the most inept president ever to sit in the White House or he is an enemy of the Republic. For the last 10 years, I have watched this man´s uncanny rise to the pinnacle of power and vacillated between those two choices. I have come to the conclusion that ideology trumps inexperience. His ego is so massive, and his leftist beliefs so strong, that he is willing to throw our country under the big international bus. Let´s review our Middle East policy since Obama took office. He made it his top priority to go to the

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Posted By: Mobyclik- 7/29/2013 2:30:12 PM     Post Reply
PASCO COUNTY -- Detectives in Pasco County have made an arrest in the home invasion shooting that happened on Friday.They say 18-year-old Ryan Mills was taken into custody after finishing treatment at Bayonet Hospital for gunshot wounds he suffered during that armed robbery. Detectives say Mills and another man busted into a Land O´ Lakes home brandishing a fake gun. Turns out, someone in that home had a real gun and opened fire on the two men, shooting them both. The sheriff´s office is still investigating the incident and tells us the other suspect will be arrested once he is released from the hospital.

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Posted By: Mobyclik- 7/28/2013 10:53:17 AM     Post Reply
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Associated Press, by Scott Bauer and Ken Thomas    Original Article
Posted By: Mobyclik- 5/23/2013 11:10:49 AM     Post Reply
MADISON, Wis.--Another year, another campaign. Wisconsin Gov. Scott Walker is gearing up for re-election next year, his third race in four years. But the Republican’s courting of out-of-state donors and conservatives, his plans to visit Iowa this week and his refusal to say whether he would serve out another full term if elected suggest he might be seeking a much bigger prize — the presidency. Not that he will openly acknowledge as much.

More evil than Nazi Germany
Hernando Today/Tampa Tribune, by Doug Patton    Original Article
Posted By: Mobyclik- 5/4/2013 10:46:21 AM     Post Reply
This is a tale that would bring a smile to the face of Josef Mengele, Adolf Hitler and Planned Parenthood founder Margaret Sanger: the true story of a black abortionist making a fortune killing black babies — and occasionally a black mother — in the filthiest conditions imaginable.(Snip)Perhaps most disturbing in the report is this: “The search team discovered fetal remains haphazardly stored throughout the clinic — in bags, milk jugs, orange juice cartons, and even cat food containers.” Toilets were back up, clogged with body parts from murdered babies: Black babies, Asian babies, babies whose

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Posted By: Mobyclik- 3/15/2013 9:38:56 AM     Post Reply
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NASCAR´s Jeff Gordon pranks unsuspecting
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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.

   

 

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