Author Topic: ECOtality was awarded $115 million in stimulus funds files for bankruptcy  (Read 734 times)

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Offline LadyVirginia

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Rush mentioned this.

They install charging stations.

http://freebeacon.com/ecotality-files-for-bankruptcy/

Quote
“Government is terrible at picking winners and losers for a simple reason: Politics always interferes,” said William Yeatman, an energy policy expert at the Competitive Enterprise Institute, in response to the bankruptcy news.

“That news is only the latest costly reminder that Energy Department bureaucrats shouldn’t be running a taxpayer-backed investment bank for green energy,” Yeatman said in an email.

Jonathan Read, the company’s former CEO, styled himself as a “political beast.” Read boasted about his political connections, and received bonus payments contingent on ECOtality winning DOE support.
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Online Pandora

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Re: ECOtality was awarded $115 million in stimulus funds files for bankruptcy
« Reply #1 on: September 17, 2013, 05:09:19 PM »
Suh-PRIIIIIZE!
"Under certain circumstances, profanity provides a relief denied even to prayer." - Mark Twain

"Let us assume for the moment everything you say about me is true. That just makes your problem bigger, doesn't it?"

Offline Libertas

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Re: ECOtality was awarded $115 million in stimulus funds files for bankruptcy
« Reply #2 on: September 17, 2013, 08:15:21 PM »
What?  You built it and nobody came?!

 ::hysterical::
We are now where The Founders were when they faced despotism.