The total is now 20 companies that the Obama Administration has provided taxpayer funds to that are either bankrupt or in distress in the Administration’s quest to push technologies upon the American public
Another Obama-Funded Company Files for Bankruptcy: A123 Systems
The (A123) plant’s opening “is about the birth of an entire new industry in America — an industry that’s going to be central to the next generation of cars,” Obama said. “And it’s going to allow us to start exporting those cars, making them comfortable, convenient and affordable. It helps our manufacturing industry to thrive, and with it, that means our communities and our states and our country are going to thrive.”(i)