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AUDIT REVEALS TAX-PAYER BACKED FACTORY HASN’T PRODUCED/SOLD SINGLE BATTERY
#1
http://www.theblaze.com/stories/2013/02/...t-in-2009/

Quote:FED AUDIT REVEALS TAX-PAYER BACKED BATTERY FACTORY HASN’T PRODUCED OR SOLD A SINGLE BATTERY SINCE AWARDED FED GRANT IN 2009

A taxpayer-backed battery plant in Holland, Mich., made headlines last year after it was discovered its employees were being paid to do nothing.

Now LG Chem Michigan Inc., a subsidiary of South Korea’s LG Group, is back in the news after it was revealed Wednesday that it has not produced or sold a single battery since being awarded a $150 million federal grant in 2009, according to a new report by the Energy Department’s Inspector General.

Not a single one.
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#2
This stuff does not even send up a red flag, anymore...

It's like a drop of water in the ocean. Obama's stimulus?Shrug
My guidance counselor said I wouldn't amount to anything... Lucky guess! Dodgy

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#3
mikey;79386 Wrote:This stuff does not even send up a red flag, anymore...

It's like a drop of water in the ocean. Obama's stimulus?Shrug

Yep, just another failure in the ocean of failure that is this administration.

There's quite a list of companies that took the money and then closed up shop.
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#4
Isn't this the company that the Big O just approved selling to a Chinese firm? Yet people wonder how the Chinese are catching up so quickly on the digital side of the house.Dodgy
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"The problems we face today are there because the people who work for a living are outnumbered by those who vote for a living." Dan Cofall
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#5
I am very interested in knowing exactly how much money was given to the President's campaign.
tolerance for failure meter... LOW
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#6
Ten*K;80742 Wrote:I am very interested in knowing exactly how much money was given to the President's campaign.

I'm sure that a good bit of funds were funneled from various failed companies right back into the DNC. But we're left to the government to basically investigate itself, and we've seen in the past where that's lead to.
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#7
I'm sure they will investigate it fast and furiously.
tolerance for failure meter... LOW
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