ByronBlog

Byron Matthews, a sociologist retired from the University of Maryland Baltimore County and a partner in an educational software company, lives near Santa Fe, NM.

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Location: New Mexico, United States

Friday, March 16, 2012

Going for the Green

10 Reasons Why Fisker May Be Worse Than Solyndra

"Fisker’s shortcomings and mismanagement are contributing to the troubles – and perhaps the eventual downfall – of its battery supplier, A123 Systems, which let go 125 of its plant workers in November. Don’t feel bad for the owners of A123 though, who have received at least $279 million in grants from DOE, as they took care of themselves nicely with raises and parachutes after the factory firings."

Testifying before Congress, Obama's hopelessly incompetent Sec'y of Energy Steven Chu gave himself a "A-minus" for taking care of taxpayer funds. How pathetic.  In fact, Chu is in way over his head, being used as a tool by green-energy scammers and rake-off artists who smelled a payday and have zeroed in on Obama's naive alternative energy fixation like rats on a cheddar wheel.  The venture fails, taxpayer money gets flushed, but these guys always seem to come out just fine. Just lucky, I guess...

Byron

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