Not Logged In Log In   Sign Up   Points Leaders
Follow Us    4:49 PM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: In lawsuit against Energy Department, two firms claim cronyism in ‘green car’ loan program Back to Topics
bar1035
Champion Author
Charlotte

Posts:13,716
Points:2,124,720
Joined:Aug 2006
Message Posted: Jan 11, 2013 1:17:43 AM

An electric car start-up and its sister company sued the Energy Department on Thursday, claiming Secretary Steven Chu and his agency awarded money to politically favored firms and strung along their firms and others in a “fixed” race for federal funds.

In addition to complaints of cronyism, XP Vehicles and Limnia said they have evidence suggesting the Energy Department improperly shared their patented technology with competing companies that won federal funding.

XP Vehicles had sought a $40 million federal loan in 2009, proposing to make a lightweight sport-utility vehicle of space-age materials, and was ultimately rejected. Limnia had devised a rechargeable energy storage system that would power the car.

“XP and Limnia are fighting against the Department of Energy’s lack of fairness in
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,340
Points:2,444,365
Joined:Nov 2008
Message Posted: Jan 14, 2013 12:08:02 AM

losers always tend to cry foul.
1fulltank
Champion Author Buffalo

Posts:11,073
Points:2,321,605
Joined:Nov 2008
Message Posted: Jan 13, 2013 6:14:38 AM

All articles today are retreads so far.
Gnusman53
Champion Author San Diego

Posts:11,737
Points:1,915,725
Joined:Feb 2004
Message Posted: Jan 12, 2013 7:33:04 AM

Nah gravity..... that is the modus operandi of the GOP.... note KBR's contracts after killing American soldiers in Iraq.
gravityhurts
Champion Author North Carolina

Posts:5,648
Points:1,653,105
Joined:Sep 2008
Message Posted: Jan 12, 2013 7:31:20 AM

The problem with this company is that they where not willing to kick money back into the democrats reelection coffers so they couldn't "qualify" for program.
Gnusman53
Champion Author San Diego

Posts:11,737
Points:1,915,725
Joined:Feb 2004
Message Posted: Jan 12, 2013 7:27:26 AM

sounds like there is a little political incest going on between the sister companies.... (grin)
Gnusman53
Champion Author San Diego

Posts:11,737
Points:1,915,725
Joined:Feb 2004
Message Posted: Jan 12, 2013 7:26:22 AM

Gee.... interesting how they are not suing for the amount of the loan they fantasized about getting.....
Gnusman53
Champion Author San Diego

Posts:11,737
Points:1,915,725
Joined:Feb 2004
Message Posted: Jan 12, 2013 7:24:13 AM

O goodness... the only bummers and bozos seem to be posting....(grin)
gobux10
Champion Author Ohio

Posts:4,212
Points:886,680
Joined:Mar 2010
Message Posted: Jan 12, 2013 6:03:07 AM

He said, she said
52MPG
Champion Author Dayton

Posts:10,646
Points:2,553,725
Joined:Apr 2006
Message Posted: Jan 12, 2013 5:03:33 AM

Now the lawyers get rich.
1fulltank
Champion Author Buffalo

Posts:11,073
Points:2,321,605
Joined:Nov 2008
Message Posted: Jan 12, 2013 2:26:56 AM

Cronyism is at all levels of government and backrooms.
k54frog
Champion Author California

Posts:13,579
Points:2,893,700
Joined:Dec 2005
Message Posted: Jan 12, 2013 1:07:54 AM

"Say it ain't so..."
medic319
All-Star Author Akron

Posts:756
Points:671,900
Joined:Mar 2012
Message Posted: Jan 12, 2013 12:33:52 AM

Again?
HEBster
Champion Author Kentucky

Posts:12,041
Points:3,178,140
Joined:May 2006
Message Posted: Jan 12, 2013 12:33:48 AM

No surprise
crreed1
Champion Author West Virginia

Posts:5,161
Points:3,250,085
Joined:May 2005
Message Posted: Jan 12, 2013 12:32:33 AM

ok
silverfoxv65
Champion Author Michigan

Posts:7,919
Points:2,040,955
Joined:Sep 2009
Message Posted: Jan 12, 2013 12:32:04 AM

Thats obummer!
Harry813
Champion Author Iowa

Posts:4,724
Points:1,373,195
Joined:Jul 2011
Message Posted: Jan 12, 2013 12:31:44 AM

Who said they were going to be fair ?
MidNJ
Champion Author New Jersey

Posts:10,302
Points:1,913,200
Joined:Sep 2009
Message Posted: Jan 12, 2013 12:30:40 AM

Whatever --- Zonk.
Settjec
Champion Author Little Rock

Posts:5,270
Points:1,481,845
Joined:May 2010
Message Posted: Jan 12, 2013 12:30:23 AM

Oh well... Our tax dollars at work
Zonk
Champion Author Michigan

Posts:9,833
Points:2,907,875
Joined:Oct 2005
Message Posted: Jan 12, 2013 12:29:28 AM

Nothing about obama and his cronies has been or is fair.
Toppers
Champion Author Atlanta

Posts:12,327
Points:3,296,225
Joined:Mar 2005
Message Posted: Jan 12, 2013 12:28:23 AM

Ya think?
10k
Champion Author North Carolina

Posts:25,812
Points:3,065,325
Joined:May 2006
Message Posted: Jan 12, 2013 12:27:09 AM

and y'all expected anything different from steven chu, a nobama disciple ??..
rahcat
Champion Author Grand Rapids

Posts:6,135
Points:1,502,450
Joined:Jan 2010
Message Posted: Jan 12, 2013 12:26:06 AM

What do you expect from this corrupt administration?
viperND
Champion Author South Bend

Posts:7,271
Points:1,573,015
Joined:Apr 2011
Message Posted: Jan 12, 2013 12:24:18 AM

heh
heartbroken2010
Champion Author Ottawa

Posts:7,718
Points:1,711,010
Joined:Aug 2010
Message Posted: Jan 12, 2013 12:22:48 AM

Ok.
tedjm1
Champion Author New York

Posts:5,609
Points:801,050
Joined:Dec 2006
Message Posted: Jan 12, 2013 12:22:44 AM

The politicos can't fix this problem. They cause it as part of greed, crneyism and politics.
4warned
Champion Author Michigan

Posts:5,900
Points:2,931,580
Joined:Nov 2006
Message Posted: Jan 12, 2013 12:20:31 AM

Someone looking for a quick dollar.
PissedATthePump
All-Star Author Pennsylvania

Posts:600
Points:160,180
Joined:May 2012
Message Posted: Jan 12, 2013 12:19:18 AM

Corruption sucks!
chuckwthompson
Champion Author Charlotte

Posts:7,170
Points:1,412,760
Joined:Sep 2011
Message Posted: Jan 12, 2013 12:19:05 AM

And this surprises you? Cronyism is the gold standard for the Obozo Administration!
uglytom
Champion Author Florida

Posts:7,464
Points:1,542,015
Joined:Jul 2007
Message Posted: Jan 12, 2013 12:19:01 AM

More Government " steering"
regout
Champion Author Quebec

Posts:6,205
Points:1,615,555
Joined:May 2010
Message Posted: Jan 12, 2013 12:18:43 AM

Lawyers again, the ones who will make money.
whaboush
Champion Author Richmond

Posts:1,256
Points:800,195
Joined:Nov 2010
Message Posted: Jan 12, 2013 12:16:42 AM

That is sad! What's wrong with these companies!?
stratlinetime
Champion Author Kalamazoo

Posts:5,673
Points:1,377,590
Joined:Feb 2011
Message Posted: Jan 12, 2013 12:15:26 AM

Too many Sue happy people
unicornpmb
Champion Author Buffalo

Posts:11,884
Points:2,469,095
Joined:Sep 2005
Message Posted: Jan 12, 2013 12:15:04 AM

Waste of court time.
jkpsr
Champion Author New Jersey

Posts:5,978
Points:1,639,420
Joined:Jun 2005
Message Posted: Jan 12, 2013 12:14:11 AM

We need to keep the lawyers out of this!
skb69sa
Champion Author San Antonio

Posts:6,643
Points:1,478,875
Joined:Mar 2011
Message Posted: Jan 12, 2013 12:14:08 AM

Ok
Jmac2008
Champion Author Missouri

Posts:4,654
Points:1,498,600
Joined:Dec 2008
Message Posted: Jan 12, 2013 12:13:52 AM

just a waste of tax payer money to be tied up in a lawsuit.
TIGERPAW46
Champion Author Florida

Posts:10,591
Points:2,150,705
Joined:Mar 2004
Message Posted: Jan 12, 2013 12:11:56 AM

Yes we know the party favorites in solar etc. got grant money or low interest loans then some claimed bankruptcy only a couple yrs later.
joel27nc
Champion Author Raleigh

Posts:13,943
Points:2,693,420
Joined:Mar 2008
Message Posted: Jan 12, 2013 12:11:17 AM

Everyone wants a handout! Where is mine?
judgemobile
Champion Author Ohio

Posts:10,964
Points:3,269,375
Joined:Nov 2005
Message Posted: Jan 12, 2013 12:11:05 AM

new Golden Rule: SUE unto others before they SUE unto you.
FlyNFool
Champion Author South Carolina

Posts:11,538
Points:2,518,045
Joined:Aug 2008
Message Posted: Jan 12, 2013 12:10:52 AM

Really?
Chris46
Champion Author Dayton

Posts:51,198
Points:2,893,715
Joined:Sep 2005
Message Posted: Jan 12, 2013 12:10:38 AM

Sounds like a bunch of carp to me!
boatfloyd
Champion Author Jacksonville

Posts:5,153
Points:1,201,040
Joined:Mar 2012
Message Posted: Jan 12, 2013 12:09:21 AM

Sounds Fishy to Me.
naspa
Champion Author Cleveland

Posts:4,805
Points:1,193,325
Joined:Jan 2012
Message Posted: Jan 12, 2013 12:08:38 AM

It's nothing personal, just lobbying.
Blue_Cruzer
Champion Author Lexington

Posts:8,894
Points:1,942,465
Joined:Mar 2007
Message Posted: Jan 12, 2013 12:08:02 AM

Nothing new for cronyism out of the govt.
melvindale
Champion Author Michigan

Posts:1,438
Points:351,230
Joined:Jun 2011
Message Posted: Jan 12, 2013 12:07:47 AM

Annoying sour grapes from wannabes.
DblChek
Champion Author San Antonio

Posts:3,647
Points:931,190
Joined:Jul 2008
Message Posted: Jan 12, 2013 12:07:32 AM

This is truly surprising! OK, so it’s not surprising that a crooked administration’s crooked department made a crooked deal with some crooked green loan rip-off company. It’s surprising that the story came out of the Washington Post!!!
cheaper0ON
Champion Author Ontario

Posts:4,325
Points:1,236,930
Joined:Jan 2012
Message Posted: Jan 12, 2013 12:05:11 AM

Ok.
BobD2009
Champion Author Long Island

Posts:10,337
Points:2,038,490
Joined:Apr 2009
Message Posted: Jan 12, 2013 12:05:08 AM

The Obama administration is guilty as charged.
jdevlin
All-Star Author Ontario

Posts:916
Points:2,122,685
Joined:Sep 2008
Message Posted: Jan 12, 2013 12:04:56 AM

ok
PrinceLH
Champion Author Ontario

Posts:6,109
Points:1,352,545
Joined:Jun 2011
Message Posted: Jan 12, 2013 12:03:55 AM

What else is new!
wshokie12
Champion Author Winston-Salem

Posts:3,505
Points:950,215
Joined:Aug 2012
Message Posted: Jan 12, 2013 12:03:26 AM

Again
Post a reply Back to Topics