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Author Topic: Taxpayers footing the bill for next generation of electric car batteries Back to Topics
KaiserM715

Veteran Author
Houston

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Message Posted: Dec 5, 2012 9:35:17 AM

Whether you like it or not, you are an investor in the electric vehicle (EV) battery of tomorrow.

Late last week, the Department of Energy announced plans to spend $120 million to establish a major battery research center at the Argonne National Lab outside of Chicago. The stated goal: to create a new “Manhattan Project” that will develop an EV battery in the next five years that lasts five times as long and costs one-fifth as much as current EV batteries.
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FluffyDogAttack
Champion Author Riverside

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Points:190,785
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Message Posted: Dec 6, 2012 4:31:29 PM

Other people's money is so darn easy to spend. Good thing we grant our irresponsible leaders with unfettered access to it.

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TruthMatters
Champion Author New Jersey

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Message Posted: Dec 6, 2012 2:55:59 PM

Tax money well spent! We need this not only for EV owners, but anything that depends on battery for power.
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doctorindyj
Champion Author Santa Fe

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Message Posted: Dec 6, 2012 11:03:06 AM

Sure why not. Except don't wake up one day and complain that you have no money in your wallet after the IRS gets done with you.
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SycamoreISU
Champion Author Indiana

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Message Posted: Dec 6, 2012 10:16:53 AM

And the money pit known as alternative energy continues . . . .
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teenitup
Champion Author Houston

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Message Posted: Dec 6, 2012 9:20:30 AM

Quite the scam this fleecing of taxpayers is.

[Edited by: teenitup at 12/6/2012 9:21:38 AM EST]
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Skunk63
Champion Author Phoenix

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Message Posted: Dec 6, 2012 8:24:27 AM

I'd like my money back.
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ClarkSC
Champion Author South Carolina

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Message Posted: Dec 6, 2012 7:17:10 AM

Another waste of money.
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iFueler
Champion Author Durham

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Message Posted: Dec 6, 2012 1:49:48 AM

we can hope something will come of this expendature
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FluffyDogAttack
Champion Author Riverside

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Message Posted: Dec 6, 2012 12:33:46 AM

Marketing company's discovered it first, but now the Government knows too. Another foolproof way of convincing the gullible masses to willingly submit to forking more of their money over without blinking: Just tell them "were investing in Green Energy to Save the Planet"

Who doesn't love the planet? If you object you must be an awful person that hates the planet.

It's just like their other foolproof fleecing the taxpayer plan: "It's for the children & education". If you object to having your money stolen & wasted, it means you hate children and are against education.

Works every time. You've been had. But it feels good, right?

[Edited by: FluffyDogAttack at 12/6/2012 12:35:08 AM EST]
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Ply440GTX
Champion Author Phoenix

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Message Posted: Dec 5, 2012 11:42:24 PM

And we are also going to "bail out" Detroit b/c Obama owes it to those who voted him in for four more...
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ExplorerWA
Champion Author Washington

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Message Posted: Dec 5, 2012 11:33:43 PM

Interesting that this will be just outside of Chicago. Isn't Chicago where our President worked for Acorn?
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doghaulr
Rookie Author Denver

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Message Posted: Dec 5, 2012 11:28:50 PM

And yet obumma cuts health care, well I see where 120 MILLION could be spent on better resources then working on poor EV technology....let private market develop the next gen battery
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Night Owl
Champion Author Toronto

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Message Posted: Dec 5, 2012 10:59:41 PM

Let's hope they at least do something. EV battery technology is too primitive and costly right now.
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Wanda127
Champion Author Florida

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Message Posted: Dec 5, 2012 10:50:13 PM

TomT2Lee,tnfran,carranco I agree with all of you. The country is going in the wrong direction.
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carranco
Champion Author Georgia

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Message Posted: Dec 5, 2012 10:25:15 PM

4 more years of this waste.
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TomT2Lee
Champion Author Cincinnati

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Message Posted: Dec 5, 2012 8:51:14 PM

NO NO NO!!!!! Once upon a time, people who robbed from other people were called criminals and punished. Today they are called professional politicians and they rape & pillage the masses with total immunity. Come on Americans, snap out of your brain washed stupor.
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tnfran
Champion Author Arizona

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Message Posted: Dec 5, 2012 7:56:18 PM

Need to keep Gov't OUT of business as they screw up most anything they touch.
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ktbaeohana
Champion Author Las Vegas

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Message Posted: Dec 5, 2012 6:42:47 PM

watch and see.
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FluffyDogAttack
Champion Author Riverside

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Message Posted: Dec 5, 2012 6:01:38 PM

Glad to know we've entered a fancy, bright new age where research & development can only be funded by the government.
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bwatchingu
Champion Author Arkansas

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Message Posted: Dec 5, 2012 5:59:26 PM

not surprised
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WonderfulMI
Champion Author Michigan

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Message Posted: Dec 5, 2012 4:28:48 PM

When George W. Bush was president, he said "I'm the decider."

Now that Barack H. Obama is president, he is the decider.
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TableTalk
Champion Author Virginia

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Message Posted: Dec 5, 2012 4:13:26 PM

More wasteful spending with money borrowed from the grandkids.
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Taxrefugee
Champion Author Arizona

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Message Posted: Dec 5, 2012 3:40:00 PM

Why it's the Obama way
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teenitup
Champion Author Houston

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Message Posted: Dec 5, 2012 3:22:13 PM

No news here.
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greywolves
Champion Author Las Vegas

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Message Posted: Dec 5, 2012 2:45:19 PM

my parents and grandparents paid for hoover dam and all the electicity i use today. my parents paid the costs of the WWII in blood and treasure. i paid the costs of my parents social security and medicare.

please stop whining about paying the costs of keeping america great.

we have progressed from an 18th century agrarian society to a 19th century industrial society to a 20th century manufacturing society. this 21st does not stop the evolutionary process. we must invest in the future or live in the past.
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flatrock14
Champion Author Michigan

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Message Posted: Dec 5, 2012 2:42:30 PM

not surprised
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crep1291
Champion Author Ottawa

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Message Posted: Dec 5, 2012 2:33:01 PM

As I mentioned before, most of that money will eventually come back to the government via different taxes.
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deputydog082
Champion Author Detroit

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Message Posted: Dec 5, 2012 1:42:08 PM

we pay for everything else too!
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doggod
Champion Author Anchorage

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Message Posted: Dec 5, 2012 1:26:46 PM

Steal money and give it away to your friends. That's how a mafia works. Oh wait, it's the State. Same thing, never mind.

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kag2010
Champion Author Winnipeg

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Message Posted: Dec 5, 2012 1:16:02 PM

Invest in batteries.!
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RochBear
Champion Author Minnesota

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Message Posted: Dec 5, 2012 1:15:07 PM

Hmm, the DEO spending money in IL. I wonder why that is? Oh Hey President O. is from IL.

Any connection? Follow the money, and you'll find political pay offs.
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YaBassa
Champion Author Michigan

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Message Posted: Dec 5, 2012 1:10:26 PM


Give it a rest FauxNews
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Skunk63
Champion Author Phoenix

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Message Posted: Dec 5, 2012 12:52:55 PM

Picking losers...
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OTISFL
Champion Author Pensacola

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Message Posted: Dec 5, 2012 12:31:11 PM

Obama spending MORE of our bucks.
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evowner
Champion Author Salem

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Message Posted: Dec 5, 2012 12:27:56 PM

Rather invest in batteries than more war for oil Mideast policies that our children have to pay for.
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CVA19
Champion Author Salem

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Message Posted: Dec 5, 2012 11:59:15 AM

md11capt, the same could be said about MSNBC; but then neither comment would be relevant to the article, would they?

Obama, goes through money like it belongs to someone else.
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md11capt
Champion Author Denver

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Message Posted: Dec 5, 2012 11:42:27 AM

"Fox News whether you like it or not". Well, that says it all.
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SuziLew
All-Star Author California

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Message Posted: Dec 5, 2012 11:33:50 AM

We need a major revolution in battery technology!
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uglytom
Champion Author Florida

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Message Posted: Dec 5, 2012 11:30:55 AM

Taxpayers foot the bill for just about everything!
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rastaman215
Champion Author Ann Arbor

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Message Posted: Dec 5, 2012 11:20:25 AM

This country has lost its desire and ability to do great things. I'm glad that President Kennedy wasn't a small thinker, or we never would have landed on the moon. Creating a better battery is better than starting a war over WMD's that didn't exist.
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Jeff4U
Champion Author Atlanta

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Message Posted: Dec 5, 2012 11:15:33 AM

This EV project is nothing compared to Obama's bigger plans for your money.

Obama is smiling ear to ear while forcing the House to either accept a lousy tax deal or his preferred choice - go off the fiscal cliff so that everyone pays higher taxes!

Obama gets our money for Christmas and beyond.
We will get a large piece of coal and the shaft.

This is what 51% of you voted for.
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mikespipe
Champion Author New York

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Message Posted: Dec 5, 2012 11:11:12 AM

people complained about motor vehicles when they came out . those damm fool contraptions will never replace a horse and buggy. in 20 years we will wonder why it took so long to develop electric cars
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lesabreAZ
Champion Author Phoenix

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Message Posted: Dec 5, 2012 10:57:55 AM

Obama wants us drivin electric shoeboxes
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Rockyguitar
Champion Author Tampa

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Message Posted: Dec 5, 2012 10:39:40 AM

STOP the taxpayer funding. You flippin idiots, we're broke!
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VomVom
Champion Author Calgary

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Message Posted: Dec 5, 2012 10:36:10 AM

At least the money is to establish a battery research center and not given to another Democratic tied company who took the money and went bankrupt.
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MustangRacing
Champion Author Virginia

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Message Posted: Dec 5, 2012 10:33:23 AM

Stop wasting my tax dollars. Note where the research is. Chicago, know any politicians from that area? Anyone? Antone come to mind?
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humblepie
Champion Author Toledo

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Message Posted: Dec 5, 2012 10:26:57 AM

and everybody will "pay a lil more"
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TripleHs
Champion Author Austin

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Message Posted: Dec 5, 2012 10:20:14 AM

wait and see what to happen in the next decade or so
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hornet17
Champion Author Vancouver

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Message Posted: Dec 5, 2012 10:13:27 AM

with government subsidies and tax breaks we are investors in a lot of companies.
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Mota
Sophomore Author Louisville

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Message Posted: Dec 5, 2012 10:13:00 AM

I'm neutral on this as battery technology does not only benefit the EV market. There are many other applications of this research. But as is pointed out in the comments - is this the best use of our tax dollars? Are there other research topics offering greater good?

Also, I may be ignorant of the different facilities around the country to do this type of research but I find it interesting that the Argonne National Lab was selected for this project. It is run by the University of Chicago for the DOE, so I'm sure BHO, Dick Durbin, and Rahm Emanuel are happy with the decision to send more federal money to Chicago.
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