A123 Video Shows President Obama, Top Politicians Praising Failed Green Company

This is a previously-uploaded video from the Michigan Economic Development Association that has since been made private. It was uploaded in October of 2010 and title, "Michigan Advanced Battery Capital of North America." The video shows President Obama, former Michigan Gov. Granholm, Senator Levin, Senator Stabenow and Energy Secretary Chu all praising the troubled battery manufacturer.

Since then, the company has shed money, laid off half its workforce, recalled products and seen an erosion of its stock price. Today, just two years after the initial roll-out, the company is being acquired by a Chinese firm.

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[satxusa]

Steven Chu, who would love to bankrupt all fossil fuel businesses.

We need to run these losers out of Washington and out of every state capital in the country.

[Juan Dos]

LMAO! Venture socialism and "Obama the thoroughly stupid parasite" don't mix in the real world...

Granholm and Levin, the reflection of criminally stupid people...

[patswickedpissah]

test post

[sunbahn]

63,000 jobs, Governor is the media, or all these 'fact-checkers' checking into those preposterous claims or how much all these wealth transfers cost? These are all feel good tax dodges for billionaires and multi-millionaire cronies of the president, governor, and senator financed with your tax dollars and borrowed from the Chinese. Isn't it grand. The creators of A123, Solyndra, etc. will be paying off all these politicians with absurd speaking fees and mass book purchases.

[Eric Schneider]

should have said 63 cents

[myForumDaily]

losers. 6 cents and bankrupt. thank you for playing. clowns.

[civilian]

63,000 jobs? Now being bought by the Chinese? Oops.