President Obama Mentions An Energy Company In His Big Speech And It Goes Bankrupt Instantly

http://www.businessinsider.com/the-next-solyndra-president-obama-mentions-an-energy-company-in-his-big-speech-and-it-goes-bankrupt-instantly-2012-1#ixzz1kayxYnj6 ^

[Ed25]

Andrew Restuccia of The Hill is reporting that Ener1, a battery company that President Obama referenced in his State of The Union Speech on Tuesday as an example of successful energy investments, has just filed for chapter 11 bankruptcy.

[Phil]

Reversed Midas Touch

[Cementjungle]

Mentioned here: http://www.freerepublic.com/focus/f-news/2838315/posts

[brownsfan]

Reverse Midas touch... everything he touches turns to crap.

[ILS21R]

You can’t make this the stuff up.

[ConorMacNessa]

Etiam non princeps sed usque ad genua, Principis Pacis!

[pallis]

And so goes this country under obama.

[caww]

"Ener-1" a battery company that President Obama referenced in his State of The Union Speech on Tuesday as an example of successful energy investments, has just filed for chapter 11 bankruptcy.

hahahahaha.....makes ya wonder who's checking Bambie's sources....talk about a slap in the face! That's a nose cruncher!

[bray]

What a loser! Probably sent too much cash to the campaign.

Pray for America

[brownsfan]

This is why America is in trouble. This is from the comments on the Business Insider site:

< begin moron>
What you are seeing is just the results of the vast right wing conspiracy of bankers and big oil companies that are allied aginst everything President Obama does. You have to ask yourself, “Why do the Republicans destroy a company just because President Obama mentions them?” and “Is this really good for America to have Republicans and their special interets destroying companies and destroying American jobs?” Then vote Democrat to help restore our economy and return fairness and equality to America

/< end moron>

[GlockThe Vote]

Obama - the slap chop president

http://www.youtube.com/watch?v=VTmC7UQj7_M

[piytar]

Um, I’m pretty sure that was /sarc...

[Moonman62]

Has ABCNBCCBSCNNMSNBC reported on it yet?

[Buckeye McFrog]

The Great Orator Curse.

Please please PLEASE don’t mention my company in your next speech, Mr. President...

[gusty]

I guess that mook in the audience the other night just lost his job again. You know, one of the parade of everyday victims, like Buffet’s half a mil a year secretary.

[Night Hides Not]

The loans were pushed by Lugar. This case just stinks of crony capitalism in DC.

It's time to say goodnight, Dick!

[RWGinger]

I am having trouble getting the whole picture. It looks like Ener1 is declaring chapter 11 but another company( that Ener1 owns) acutally makes the betteries and may not be part of the chapter11

It doesn’t chaneg how stupid 0dumbo is to mentione this, just that the actual company may not be filing chapter 11.

We has Pubs shoudl also keep in mine Bush gave ener1 10 million. odumb0 gave them 111 million.

I don’t see why we are always throwing our money after this. let the marketplace decide .

[Mikey_1962]

Goe along with the Diner in Toledo, Solyndra among others.

[nascarnation]

makes ya wonder who's checking Bambie's sources.

Why would Baraq really care? The MSM won't worry about it, and this outfit likely recycled a good amount of the money into Democrat hands.