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Tag Archives: Crony

Obama’s “Green Energy” Stimulus Strikes – Twice

A123 Systems received, in 2009, a $249.1 million federal grant from “Dear Leader” Barack Hussein Obama’s wildly successful (NOT) stimulus program. A123 also received over $100 million in grants and tax credits from Massachusetts. A123 was, however, deeply in debt, and in October 2012, filed for bankruptcy. A123 sold $125 million of its auto assets to Johnson Controls, which will ...

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LightSquared and GPS Interference

Imagine you are at the controls of a small single engine airplane. You are flying in the clouds, relying on your instruments to keep you out of trouble. All you see out your windscreen is gray. You are setting up for an instrument (ILS) approach to a small airport. You are 1000 feet above the ground. To your right is ...

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