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December 10, 2012

Old and Busted: We Have To Throw Millions Down Ratholes Like A123 So We Build Batteries, Rather Than The Chinese
New Hotness: A123 Sold To Chinese

The only thing that surprises me is that someone thought it was worth buying. I suppose some of those millions we spent must have bought some research that can be useful to someone, at some point.

True that the A123′s Michigan plant will remain open, but what we’ve essentially accomplished here is borrowing money from the Chinese, to build a company at a loss, to then sell it to the Chinese.

The plant will remain open for now. The Chinese don't buy companies to employ foreign workers. They believe in insourcing.

posted by Ace at 12:23 PM

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I suppose some of those millions we spent must have bought some research that can be useful to someone, at some point. True that the A123′s Michigan plant will remain open, but what we’ve essentially accomplished here is borrowing money from the Chinese, to build a company at a loss, to then sell it to the Chinese. The plant will remain open for now. The Chinese don't buy companies to employ foreign workers. They believe in insourcing. posted by Ace at 12:23 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Skip : "Marxists love a riot ..." publius, Rascally Mr. Miley (w6EFb): " Jaclyn Smith just turned 80. Damn, I'm getting ..." wth: " The woman bragging about still the food looks lik ..." Thomas Paine: "My favorite video is the woman who took her son wi ..." Boss Moss: "The Austrian Vegetarian. ..." Bulg: "stealing not still Posted by: It's me donna s ..." Ben Had: "rickb223, GROK is flat out lying. 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Old and Busted: We Have To Throw Millions Down Ratholes Like A123 So We Build Batteries, Rather Than The ChineseNew Hotness: A123 Sold To Chinese

Old and Busted: We Have To Throw Millions Down Ratholes Like A123 So We Build Batteries, Rather Than The Chinese
New Hotness: A123 Sold To Chinese