Tag Archives: green bankruptcy

Another “green” bankruptcy

“A123 Systems Inc. (AONE), the electric car battery maker that received a $249.1 million federal grant, filed for bankruptcy.”  Obama’s spent billions of taxpayer dollars on “green” companies that he believes will support him politically– and the result has been the Solyndra scandal and bankruptcy after bankruptcy.

Romney put it best during the first presidential debate: “don’t forget, you put $90 billion – like 50 years worth of breaks – into solar and wind, to Solyndra and Fisker and Tesla and Ener1. I mean, I had a friend who said, you don’t just pick the winners and losers; you pick the losers.”

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