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Anybody notice, obama is only picking losers?

hypocritexposer

Well-known member
As a socialist, isn't he supposed to pick both, winners and losers?

NEW YORK (CNNMoney) -- Battery maker A123 Systems, a one-time darling of the U.S. electric car industry and recipient of millions in government funding, filed for Chapter 11 bankruptcy Tuesday.

http://money.cnn.com/2012/10/16/technology/a123-battery-bankruptcy/index.html
 

hypocritexposer

Well-known member
hypocritexposer said:
As a socialist, isn't he supposed to pick both, winners and losers? Maybe it's only his corporate friends, that we never hear of, that are the winners.....they get the money and then disappear.

I wonder if those of us that mentioned obama's connections to socialists groups that had "front green operations" arre still known as conspiracy theorists now?

NEW YORK (CNNMoney) -- Battery maker A123 Systems, a one-time darling of the U.S. electric car industry and recipient of millions in government funding, filed for Chapter 11 bankruptcy Tuesday.

http://money.cnn.com/2012/10/16/technology/a123-battery-bankruptcy/index.html
 

Steve

Well-known member
there is a wind company that just failed..

Danish Wind Turbine Company That Received Over $50 Million In Stimulus Lays Off 800 Workers

A Danish wind turbine company whose subsidiaries received over $50 million in U.S. stimulus dollars announced on Friday it has cut more than 800 jobs in the United States and Canada this year and may be forced to lay off another 800 employees in North America.

This is yet another green energy company that received wasteful stimulus funds and does not even have anything to show for it.

Vestas said without more tax credits and stimulus funds, the company will have trouble competing.

Vestas executives, according to Reuters, told investors that "it would stop non-profitable projects," especially in Europe and America, where demand for its products have plummeted.
 
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