Tag: Jennifer Granholm (page 2)

A state fund intended to create 390 Michigan jobs has loaned $7.7 million to 35 companies and created 79 jobs - only 20 percent of the number initially promised.

Ann Arbor SPARK received an $8 million grant in 2006 to create the Michigan Pre-Seed Capital Fund, which used $7.7 million of that amount. The grant was awarded as part of the Competitive Edge Technology Grants and Loans program, which exists "to encourage the development of competitive edge technologies to create jobs in the state."

Skip Simms, manager of the Michigan Pre-Seed Capital Fund, said in an email, "We saw a need for early stage capital for start-up technology based companies, which the private sector wasn't providing at the time."

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A123 in April received a two-year extension on its deadline to spend a $249.1 million grant from the federal government, originally received in 2009. The money was to be used for the construction of new lithium-ion battery manufacturing facilities in Michigan. A123's Livonia plant opened in 2010, and its Romulus plant opened last year. The company had $120 million left of the $249.1 million grant.

The hiring announcement comes after the company has hit financial problems. In March, A123 said it would spend about $55 million to replace defective battery packs in five battery packages that were assembled at its plant in Livonia.

In addition, financial losses have accelerated. In its 2011 earnings, A123's loss grew 69 percent to $257.7 million from the year earlier. And in April the company reported a first-quarter loss of $125 million -- a 133 percent increase from the  $53.6 million loss during the same quarter in 2011.

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But dammit, when it's a taxpayer funded hole you just put 400 new hands on the shovel to keep on digging.

First, a moment with Anderson Cooper exposing Barack Obama's War on Women.

H/t Diogenes'

"If I had to name people I don't like, I'd say Rush Limbaugh or Mark Levin. It's that breed of real toxic-spewers who are really damaging to our discourse. I'd be embarrassed to have my mom or dad listen to them. I don't think they shouldn't be on the radio but when the rhetoric inflames and exaggerates to the point of lacking integrity, that bothers me."

Aw Jennifer, the feeling is mutual...

-- Mark R. Levin (@marklevinshow) April 20, 2012

Heh, heh.

Politiho

They tell it like it is at the beauty shop or barbershop.

I went for a haircut on Saturday. My hairdresser Carmelita and I got to talking about health care and the decision now in the hands of the Supreme Court.

Do you have health insurance?" I asked.

"No," she said softly.

"Why not?"

"Are you kidding? It's just too expensive. No way can I afford it."

And the humor commences here.  (the picture alone is worth it)

Frankly, our electronically connected interweb world never sleeps, mankind must, which conflicts with required sleep and the addicted news junkie within.  The internet outage has really been a welcomed reprieve.  It freshens the soul and serves to remind me why I abandoned the city with choosing the friendlier neighborly Northern lifestyle similar to my rural Oakland County childhood.  That might be a bore to others seeking all the trappings of citified communal living arrangements of convenience, but my little Mayberry-esque plot of Gods' creation I truly do hold precious.

Well, thus far today has already been a snap return to reality only to reap the rewards of my assumption it being just the first robocall attacking my Rep. Dan Benishek, for his "promoting" what Rush says on the airwaves broadcast by a private business.  The robocall was from this unheard of by me "group" calling themselves "The Women of the 99%."  Really?  Dan is promoting any such thing?  That is one wildly outrageous accusation to make by an unidentified "group" who, by the way, is now intruding into the privacy of my home.  Hmmm... no number shows on the caller ID, and *69 only prompts the phone company's recorded message that they are unable to determine the phone number used.  No surprise there as the unrelenting onslaught of robocalls from the Romney campaign and his Restore Our Future PAC used the same tactic.