One foot on a banana peel, the other in the grave. That’s where Fisker Automotive and SoloPower find themselves, struggling for survival despite generous government handouts in the form of loan guarantees and tax breaks. Should either company take a turn for the worse, a tombstone in Heritage’s “Green Graveyard” …
A123, the U.S. manufacturer of green-tech batteries that received millions in government aid, today announced a “memorandum of understanding” between it and Chinese auto giant Wanxiang. It totals up to $450 million in a bailout of debt purchasing and other cash infusions that would grant Wanxiang 80 percent controlling interest …
If you listen to Vice President Joe Biden, the most effective way to prevent rape and murder is more federal stimulus spending. In the Vice President’s defense, at least this is a new argument, considering the others—jobs created, bridges built, energy generated—have all miserably failed. But this desperate argument, while …
