Another Day, Another 100 Million Down the Rat Hole |:
"In keeping with their practice of throwing money at nearly bankrupt green energy companies, the Obama administration dumped 100 million dollars into a nearly bankrupt company named Ecotality.
At the time the grant was given to Ecotality, they were nearly bankrupt, but the executives were offered 1 million dollars by their Chinese partners if they could secure free government money.
It turned out to be a slam dunk."
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