Here is a local #Greenfail noted by the Mackinac Center.
Our former Governor’s big bet on big batteries didn’t work out: A123 Systems stock is trading at $0.82, down from $26.00. Click the link above at #Greenfail if you are not familiar with this corporatist morality tale. And, click the link below: This is not the first time I’ve mentioned A123, but it could well be the last.
I wonder what the press conference will look like when A123 hits $0.00?
Watch Jennifer Granholm predict 63,000 jobs would be generated by her consummate central planning winner picking. Watch as the president, Mr. “Electricity rates would necessarily skyrocket,” calls in to support the faithful. See the SecEng, Mr. “I want $10 per gallon gasoline” support her wisdom. Carl and Debbie are just along for the ride; on your back.
Jennifer? Carl? Debbie? mr. president? … Lithicus? (For an explanation of that last reference, you’ll have to go here.)