ELECTRIC CAR BATTERY MAKER A123 SYSTEMS HAS FILED FOR BANKRUPTCY AFTER $249 MILLION IN TAXPAYER SUPPORT
. . . .
AFTER BILLIONS SPENT ON ELECTRIC VEHICLES AND BATTERIES, SALES ARE NOWHERE CLOSE TO OBAMA’S GOAL OF 1 MILLION CARS
. . . .
EVEN IN BANKRUPTCY, OBAMA’S FAILED INVESTMENTS HAUNT TAXPAYERS
Solyndra’s Investors Stand To Make Millions Off Of Tax Benefits The Energy Department Transferred To Them To Avoid Political Embarrassment
. . . .
Update: In May 2012 Obama visited a dusty, desert town 30 miles outside Las Vegas Wednesday to declare he’s doubling down on failed federal efforts to boost the solar industry which has NEVER proven to produce a single working product. Like Socialism, no evidence ot works, but they just keep doubling down on the failed ideals!.
Republicans believe Obama is gambling with taxpayer dollars as he continues to aggressively push alternative forms of energy proven to be more than 20 years off in working effectively and being affordable. After the failure of Solyndra, which resulted in the loss of half a billion dollars in taxpayer dollars President Obama is going to give America more of the same: FAIL.
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(This is a long article, and a lot was skipped. The link is above. Zim.)
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