The Big Donald Trump blockbuster....Once marital troubles for the Obamas
Donald Trump has been teasing a big Obama announcement for the past few days, and everybody is anxious to see what the big surprise will be. Trump has said that this could blow the top off the election, insisting that it would be very damaging information. Many wondered if this would relate back to all the supposed birth certificate hullaballoo, but Tuesday, Oct. 23 the Daily Mail revealed what this “gigantic” announcement is supposed to be.
According to the Daily Mail, Donald Trump's Obama announcement will reveal that Michelle and Barack Obama once filed divorce papers. The site says, “It is alleged that the eccentric real estate mogul will claim that the documents show the First Lady and the President were at one point in their two decades of marriage seriously considering splitting up.” While Trump has played coy about the announcement in his media appearances this week, a Florida-based investor supposedly has spilled the beans on the big surprise.
Newspapers Across America Endorse President Obama’s Strong and Steady Leadership
Republican Ann Coulter still using the word "RE-TARD?"
Comedy Central Breaking News!
Photo Op leaves Ryan looking like a dirty trickster
Facebook responses to a phony commerical
- Dave Roberts Trying to make already clean dishes cleaner is kind of like trying to convince America they'd make things better the our current President. We're on the mend people and we needn't reverse course.
- Margaret Redmond What frightens me about this "photo opp" is that Ryan saw nothing wrong with barging in, risking the food bank's contributions, then pretending that he was doing something worthwhile! The greatest of a person's character is what you do for someone who can't do anything for you. Lyin Ryan does not care about anyone but himself!
- Samantha Spade Rick Chadwell, I heard that, too. They jacked up this administrator of the Soup Kitchen and are trying to make him recant. The *new* story is they SET ASIDE SOME DIRTY DISHES in anticipation of Paul Ryan's visit for him to clean!!! these people crack me the fuck up!!!!!!
- Cynthia Brooke These guys need a better campaign manager. The Romney-Ryan campaign is not very good at photo ops. Take these two examples- Romney at Chipotle http://img842.imageshack.us/img842/5083/r620c2177a22158b24849fe.jpg
and Ryan at the soup kitchen http://tinyurl.com/8w6mf3v
VIDEO from HBO's "The Newsroom." The Tea Party is America's Taliban. Watch their essay on the sad state of Insanity Politics like it never was in the 20th Century.
TRUE CAPITALIST INVESTMENT versus Safe PROFITEERING!
(Analogy: How many rocket failures did it take to get a NASA man on the moon?)
Electric Car Battery Maker A123 Systems Files Bankruptcy
By Dawn McCarty and Craig Trudell - Oct 16, 2012 8:50 AM CT
A123 Systems Inc. (AONE), a maker of rechargeable lithium-ion batteries for electric cars, filed for bankruptcy after failing to make a debt payment that was due yesterday.
The company listed assets of $459.8 million and debt of $376 million as of Aug. 31 in Chapter 11 documents filed today in U.S. Bankruptcy Court in Wilmington, Delaware.
A123 didn’t expect to be on time with an interest payment due yesterday on $143.8 million of notes expiring in 2016, or to make a payment due yesterday on $2.76 million in outstanding 6 percent notes, the Waltham, Massachusetts-based company said yesterday in a regulatory filing.
“The company may not have sufficient cash to fund operations and may need to seek the protections provided under the U.S. Bankruptcy Code,” A123 said.
The bankruptcy filing may fuel further political debate over government financing of alternative-energy and transportation businesses. Federal grants and loans to companies including A123, Fisker Automotive Inc. and Tesla Motors Inc. have drawn scrutiny from congressional Republicans following the September 2011 bankruptcy filing of solar-panel maker Solyndra LLC two years after it received a $535 million loan guarantee from the U.S. Energy Department.
A123 fell as much as 16 cents, or 70 percent, to 7 cents a share in over-the-counter trading as of 9:43 a.m.
A123, which received a $249.1 million federal grant in 2009 to build a U.S. factory, needed a financial lifeline after struggling with costs from a recall of batteries supplied to Fisker, the plug-in hybrid luxury carmaker. A123 announced in August that it was working on a deal with Wanxiang Group Corp., China’s largest auto-parts maker, for financing in exchange for a majority ownership stake.
Wanxiang plans to invest as much as $465 million in A123, giving the Hangzhou, China-based company a stake of as much as 80 percent, A123 said in an Aug. 16 statement. In yesterday’s filing, A123 said it was considering strategic alternatives including “one or more potential transactions” to address its liquidity problems. There is “no assurance” that A123 will be able to find a way to continue to operate its business as a going concern, the company said.
President Barack Obama called A123 Chief Executive Officer David Vieau and then-Michigan Governor Jennifer Granholm during a September 2010 event celebrating the opening of the plant in Livonia, Michigan, that the company received the U.S. grant to help build.
“This is about the birth of an entire new industry in America -- an industry that’s going to be central to the next generation of cars,” Obama said in the phone call, according to a transcript provided by the White House. “When folks lift up their hoods on the cars of the future, I want them to see engines and batteries that are stamped: Made in America.”
Electric-vehicle sales since 2011 totaled fewer than 50,000 through September, just 5 percent of Obama’s target to have 1 million such vehicles on U.S. roads by 2015.
Republican presidential candidate Mitt Romney said last month that Obama has picked “losers” for alternative-energy loans and grants. His running mate, Paul Ryan, has called for all green-energy subsidies to be eliminated.
A123 has posted at least 14 straight quarterly losses. Its shares have fallen 85 percent this year to 24 cents at yesterday’s close in New York and traded at 16 cents at 8:29 a.m. before the start of regular trading.
The case is In re A123 Systems Inc., 12-49658, U.S. Bankruptcy Court, District of Delaware (Wilmington).
To contact the reporter on this story: Dawn McCarty in Wilmington at email@example.com: Craig Trudell in Southfield, Michigan at firstname.lastname@example.org;
To contact the editor responsible for this story: John Pickering at email@example.com
TRY, TRY HARDER!
Showing 4 of 167 comments on Electric Car Battery Maker A123 Systems Files Bankruptcy
Don't give up too early. New technology is risky and subject to early failures.
The difference between investors THEN and investors NOW, is that investors THEN were following a dream. Investors TODAY just want safe, sure bets. Today's people don't have vision....only greed to make money.
The question is, why do the Republicans highlight only the Obama enterprise failures, when actually they theoretically SUPPORT risk capital?
Republicans suggesting THIS is where the future of American capitalism resides. Private enterprise trying new things. Capitalistic Risk. I agree. But ya can't have it both ways, folks! Some will win, some won't. That's the price of HUMAN PROGRESS!
We TRY AND TRY and fail until we DON'T!
Maybe GOP capitalists need to figure out what they really believe, and stick with it. Eventually, today's better energy will PREVAIL over old oil..but let's be patient! Let it happen. And yes, with a bit of government encouragement. Old oil is OLD. And it's cost us all far too much. Let's try something NEW!