Stephanie
Diamond Member
- Jul 11, 2004
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well well
links in article at site
SNIP:
posted at 10:41 am on December 10, 2012 by Erika Johnsen
Let me get my obligatory free-trade qualifier out of the way here first: Its not so much that theres anything at all wrong with businesses buying and selling on the international arena, because foreign markets may have demands for products we dont, and we all stand to make money off of one another in a mutually beneficial and productive way. Free-trade is not a zero-sum game, and everybody wins.
The problem here is that in the case of A123 Systems, a manufacturer of lithium-ion batteries for electric cards, the Obama administration spoon-fed hundreds of millions of dollars of taxpayer money into what they assured us was a guaranteed-successful endeavor at ushering in the glorious green-energy revolution and leading us down the path of ostensibly necessary energy independence. Not only has President Obamas investment failed to inspire a dearth of American-made electric car-buying (which has also been very generously subsidized, courtesy of the taxpayer), but its brought us no closer to the energy self-sufficiency at which President Obama constantly suggests hed like us to arrive.
The Washington Post reports:
all of it here
Yep: Bankrupt Obama-stimulus recipient goes to the highest bidder, the highest bidder being China « Hot Air
links in article at site
SNIP:
posted at 10:41 am on December 10, 2012 by Erika Johnsen
Let me get my obligatory free-trade qualifier out of the way here first: Its not so much that theres anything at all wrong with businesses buying and selling on the international arena, because foreign markets may have demands for products we dont, and we all stand to make money off of one another in a mutually beneficial and productive way. Free-trade is not a zero-sum game, and everybody wins.
The problem here is that in the case of A123 Systems, a manufacturer of lithium-ion batteries for electric cards, the Obama administration spoon-fed hundreds of millions of dollars of taxpayer money into what they assured us was a guaranteed-successful endeavor at ushering in the glorious green-energy revolution and leading us down the path of ostensibly necessary energy independence. Not only has President Obamas investment failed to inspire a dearth of American-made electric car-buying (which has also been very generously subsidized, courtesy of the taxpayer), but its brought us no closer to the energy self-sufficiency at which President Obama constantly suggests hed like us to arrive.
The Washington Post reports:
all of it here
Yep: Bankrupt Obama-stimulus recipient goes to the highest bidder, the highest bidder being China « Hot Air
