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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Tax Dollars Sold To ChiComs For Pennies On The Dollar

    By Corinthian Scales, Section News
    Posted on Wed Aug 08, 2012 at 03:32:40 PM EST
    Tags: How much did that job cost you?, Working for the Commie Yellow People, Green jobs, Red China, Anyone but Stabenow, NObama (all tags)

    Yet another watermelon jobs success story via The Detroit News

    Struggling battery maker A123 Systems Inc. - with nearly 800 employees in Michigan - said it reached a deal with a Chinese auto parts company for an investment of up to $450 million that could keep the company in business - and will likely see the Chinese firm acquire a majority stake in the battery maker.

    Waltham, Mass.-based A123 reached a deal with Wanxiang Group Corp. that will allow the Chinese firm to acquire an 80 percent stake in A123.

    A123 has won about $500 million in grants and other support from state and federal governments - including $238 million from the state of Michigan and a $249 million Energy Department grant as in August 2009 as part of the $800 billion stimulus.

    A123 in April received a two-year extension on its deadline to spend the rest of the $249 million grant.

    Rest here

    Frilliant!  Good thing them A123 Execs got their cut for failure first.  And, thanks, Lansing!  What DC doesn't steal for China, you do.

    Watermelon jobs?  They are green on the outside, but all Red on the inside.

    < The Devil You Know | Eunuchty >

    Share This: Digg! StumbleUpon del.icio.us reddit reddit

    Display: Sort:
    Unreal (none / 0) (#1)
    by steve on Wed Aug 08, 2012 at 05:48:28 PM EST
    The green energy scam keeps getting worse and worse.

    Display: Sort:


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