This is what Crony Capitalism looks like. This is NOT capitalism. Not biblical capitalism. This is out and out corruption by this administration. Yet, someone stands up and tries to look like a big hero because he throws a bone, a scrap of 15 million to the only true green industry technology that works. All others are foolishness.

Green company gets $390M subsidies, lays off 125 | Campaign 2012 | Washington Examiner

campaign2012.washingtonexaminer.com

A123 Systems, an electric car battery company once touted as a stimulus "success story" by former Gov. Jennifer Granhom, D-Mich., has laid off 125 employees since receiving $390 million in government subsidies -- but is still handing out big pay raises to company executives.