A123 Systems, the major manufacturer of batteries for the
Chevy Volt and a recipient of $249 million in direct grant money from the U.S.
Government has filed for Chapter 11 Bankruptcy Protection. The firm joins EnerDel, another battery
manufacturer, in the bankruptcy line.
COMMENTS:
Solyndra, Beacon and Beacon Power also received government
grants or loan guarantees and filed for bankruptcy. And battery powered cars, such as the Chevy
Volt, are definitely not turning on consumers; hundreds of millions of more
federal support money has gone down the well-known black hole of Obama economics.
TODAY’S QUERIES & ANSWERS:
Q. Has Hillary killed all of her chances for President in
2016 by taking blame for Benghazi?
(Yolanda ~ Sioux Falls, SD)
A. No; the Clintons are historically clever at doing things
like this and emerging unscathed. I
mean, Bill lied under oath and he was President of the United States; Bill is
still one of America’s most popular people, right behind Khalid Sheik Mohamed.
Q. Now that Hillary has taken blame for Benghazi, does that
take the heat off of Obama? (Jarvis ~
Cloverdale, CA)
A. No way. She
carefully worded her statements and left Obama out to dangle; there was an
attempt in what she said to try and lay the blame for Obama’s actions, or lack
thereof, at the feet of the intelligence community. Look at it this way: Obama would have us
believe that since he felt the Ambassador and employees were killed by
protestors of the infamous video, it was okay for him to jump on a plane and
fly to Vegas. In other words, it’s okay
if protestors kill our Ambassador as opposed to terrorists. The whole White House parade of stories is so
convoluting as to be tantamount to an outright admission of guilt. The real question here is guilt about
what? What and why are they covering up?
Q. What happened to Susan Rice, the U.S. Ambassador who lied
on TV about terrorism at Benghazi? Has
she been sent to Siberia? (Fidelia ~
Coronado del Mar, CA)
A. No, she emerged yesterday, but the liberal press was kind
enough to not cover her predicament. And
guess what she had to say? She followed
the new official party line… She insisted she had spoken on the basis of what
intelligence officers had told her.
Obama and his team look more and more like dolts every day.
TODAY’S QUOTE:
“If there are no stupid questions, then
what kind of questions do stupid people ask? Do they get smart just in time to
ask questions?” ~ Scott Adams
TODAY’S VIDEO:
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