Not so bright.
You can’t compete with Government Motors Company.
“blasting the Department of Energy for failing to finalize a loan that the firm says would have kept it afloat.”
“kept it afloat” so that more money could have been wasted, and it could have failed later!
They must have forgotten the most important part
They were supposed to go to the White House with their checkbook and say “Hey, let’s be friends”
Bush’s fault.
Looks like Obama’s Energy Dept. is getting a little bit reluctant to continue reinforcing failure of these Green Start-ups in an election year. But if he should get re-elected, look-out!
Begging for corporate welfare.
How many cars have they built?
According to Wiki they applied for a $450 million loan
I don’t think they have actually sold any vehicles.
Related...
http://www.exposingtheleft.blogspot.com/2012/02/bright-latest-indiana-electric-vehicle.html
Related...
http://www.exposingtheleft.blogspot.com/2012/02/bright-latest-indiana-electric-vehicle.html
If you need a government loan to stay in business, you shouldn’t be in business.
I feel their pain. A multi million dollar loan would’ve kept me afloat too. But alas,....
If they are so great, why didn’t they get loans from investors and keep their paws out of our treasury?
Probably because they are not so great. The US taxpayer has been stiffed quite enough by the Federal government’s “capitalists.”
If they are so great, why didn’t they get loans from investors and keep their paws out of our treasury?
Probably because they are not so great. The US taxpayer has been stiffed quite enough by the Federal government’s “capitalists.”