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IG: Add LG Chem to Obama’s green-tech subsidy flops
hot air ^ | february 13, 2013 | Ed Morrissey

Posted on 02/14/2013 5:26:26 PM PST by lowbridge

This comes as no surprise to Hot Air readers, who learned about the value of the Obama administration’s $150 million subsidy investment of LG Chem last fall. After furloughing its workers at their Grand Rapids plant without having a single one of their batteries installed in a consumer vehicle, the local NBC affiliate produced this report on the way taxpayer money got spent:

(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events; US: Michigan
KEYWORDS: cultureofcorruption; globalwarming; grandrapids; greenjobs; holland; inneedosomerestraint; lgchem; michigan; moneylaundering; obama; obamabloopers; southkorea; subsidies; subsidy; waste

1 posted on 02/14/2013 5:26:32 PM PST by lowbridge
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To: lowbridge

Institutionalized corruption.


2 posted on 02/14/2013 6:30:17 PM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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