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Ever hear of the auto battery
company called A123 Systems? This is from the Associated Press:
DETROIT (AP) -- Short of cash and hurting from weak sales of
electric cars, battery maker A123 Systems Inc. filed for bankruptcy
protection on Tuesday and quickly sold its automotive assets.
Another Obama backed company
that's gone belly up here in the good old USA. By the way, they were
supposed to make batteries for the "Fisker" auto maker in Finland,
also backed by Obama. That make 3/4 billion dollars invested (That
Means From You and Me) by the current administration that we'll
probably never get back.
It's been a common theme for the
last four years and we have also heard about the solar power
companies that have closed their doors because there's just not
enough demand for their product, at least not yet. They have
received Obama's investment (That Means From You and Me)
The way the government gives out
grants (how about a grant to watch sick shrimp run on a tread mill,
or build a mechanical squirrel to attack rattle snakes) you would
think they might look a little deeper into the subjects of investing
(That Means From You and Me).
It must be nice, when you want
to invest money, to just dip into that ever flowing investment bank
(That Means From You and Me), and do it, without fear or
consequences. If you and I did that, we would be broke in a New York
minute.
I just hope when the President
starts talking tonight, about how he want to invest in the future to
better the economy, remember he's talking about getting it from You
and Me!
Soon even the government's
investment bank will go dry and then what will we do?
Ever hear the saying,
"Liberalism is not so bad until the other person's money runs out".
And that my friend, is You-and-Me..................
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