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  • Bright the latest Indiana electric vehicle startup to call it quits

    02/29/2012 9:37:15 AM PST · by Oldeconomybuyer · 14 replies · 1+ views
    Chicago Tribune ^ | February 29, 2012 | By Julie Wernau
    Just when it seemed like things couldn't get worse, Indiana received more bad news on the electric vehicle front Wednesday as another promising hopeful announced it would call it quits. Bright Automotive, which had plans to deliver 300 manufacturing jobs to Indiana by 2012 pending the outcome of a loan from the Department of Energy's Advanced Technology Vehicle Manufacturing Program, announced Wednesday it has withdrawn its DOE application and will wind down operations in Indiana. In a scathing letter to Energy Secretary Steven Chu, Bright Automotive Chief Executive Reuben Munger and Chief Operating Officer Mike Donoughe described an overly bureaucratic...
  • Chu: DOE working to wean U.S. off oil, not lower prices

    02/29/2012 4:30:37 AM PST · by tobyhill · 76 replies · 2+ views
    Politico ^ | 2/28/2012 | By ALEX GUILLEN
    The Energy Department isn’t working to lower gasoline prices directly, Secretary Steven Chu said Tuesday after a Republican lawmaker scolded him for his now-infamous 2008 comment that gas prices in the U.S. should be as high as in Europe. Instead, DOE is working to promote alternatives such as biofuels and electric vehicles, Chu told House appropriators during a hearing on DOE’s budget. But Americans need relief now, Rep. Alan Nunnelee (R-Miss.) said — not high gasoline prices that could eventually push them to alternatives. “I can’t look at motivations. I have to look at results. And under this administration the...
  • title:Video: SWAT team raids house over … unpaid student loans

    06/08/2011 10:52:52 AM PDT · by SeekAndFind · 43 replies · 1+ views
    Hotair ^ | 06/08/2011 | Ed Morrissey
    Via JWF and Reason, we now present this instructional video from the Department of Education. Now that the government has for all practical pruposes nationalized the student-loan industry, the DoE would like to educate recipients on new loan-collection processes. The banks used to send bill collectors and file claims in court, but the Obama administration doesn’t like those kind of harsh private-sector measures to retrieve lost capital. Instead, they’ll send a SWAT team to kick in your door and frighten your children — even if you don’t live with them anymore: CLICK ABOVE LINK FOR THE VIDEO Kenneth Wright does...