Barack Obama once called lithium-ion battery company A123 "what's possible in a clean energy economy". Now, in spite of $249 million in grant money handed out by the Obama administration and another $100 million in state tax breaks, A123 is just weeks from shutting down if a Chinese buyout that will most likely include the Chinese company getting American taxpayer dollars doesn't go through. Apparently Obama knows jacksquat about possibilities in a green energy economy.

Don't bother looking in liberal media outlets for the story of another Obama-funded green energy company going under, it isn't there.

http://www.greentechmedia.com/articl...xiang-takeover