Monday, September 09, 2013
"Indiana firm acquires MV-1 wheelchair accessible vehicle"
These stories just keep on coming.
I'm not sure if it's just government at work or specific to this administration's poor choices.
Keep in mind that the "lost" money did go somewhere,..
I'm not sure if it's just government at work or specific to this administration's poor choices.
Keep in mind that the "lost" money did go somewhere,..
David Shepardson tells this example of poor judgment at DetroitNews.com:
"The Obama administration said it will lose money on the investment. It previously recouped a $5 million reserve fund, so it’s not clear how much of the remaining $45 million it lost. But chances are it lost tens of millions of dollars, since there was little outside interest for the start-up. The Energy Department auctioned off its outstanding loan in recent weeks to exit the troubled investment."