[afraidfortherepublic]

Outrageous!

Full title: Another Obama-backed 'green' company, Smith Electric Vehicles, leaves trail of unpaid bills and broken promises

[ryan71]

Obama gives them a ton of our money, the execs keep a little of it “for their troubles”, they give most of the money back in campaign contributions then the company folds.

You must allocate the money to a bogus project before you can steal it.

[dangerdoc]

Private industry will produce a product when it makes sense to do so.

[rwfromkansas]

So far only one electric car company is showing much success so far. Why? It’s vehicle looks good and actually has decent range as they are building out charging stations across the country. The other companies just don’t have that, and their cars aren’t as good.

So, they will fail.

[lowbridge]

Bump