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Old 02-25-2012, 08:20 AM   #1
Rosie7
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Default Green company gets $390M subsidies, lays off 125

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.
"[T]he company has laid off 125 employees and had a net loss of $172 million through the first three quarters of 2011," the Mackinac Center for Public Policy notes, observing that the company's primary customer, Fisker Automotive, is also struggling financially. "Yet, this month A123’s Compensation Committee approved a $30,000 raise for [Chief Financial Officer David] Prystash just days after Fisker Automotive announced the U.S. Energy Department had cut off what was left of its $528.7 million loan it had previously received."


http://campaign2012.washingtonexamin...ays-125/394051
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Old 02-25-2012, 09:24 AM   #2
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Default Re: Green company gets $390M subsidies, lays off 125

58 views and crickets. If a union thug would have posted this, some of you would be all over him telling him it's none of his business how much the CEO/CFO makes in wages and bonuses.
Oh, and the "just how does this affect YOU personally? " card.
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Actually, Chicago is not a dangerous place to be because not enough people die there, cops or not.
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Do I want to be the only white guy in the neighborhood with $2000 in my pocket? Nope. Seems like a risky place to be.

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Old 02-25-2012, 09:29 AM   #3
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Default Re: Green company gets $390M subsidies, lays off 125

Anyone notice a developing pattern?......anyone???
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Old 02-25-2012, 09:42 AM   #4
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Default Re: Green company gets $390M subsidies, lays off 125

you mean take the money and run? lol
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Actually, Chicago is not a dangerous place to be because not enough people die there, cops or not.
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Do I want to be the only white guy in the neighborhood with $2000 in my pocket? Nope. Seems like a risky place to be.

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Old 02-25-2012, 09:56 AM   #5
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Default Re: Green company gets $390M subsidies, lays off 125

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58 views and crickets. If a union thug would have posted this, some of you would be all over him telling him it's none of his business how much the CEO/CFO makes in wages and bonuses.
Oh, and the "just how does this affect YOU personally? " card.
This isn't about a publicly traded company that that is going broke on its own, its about a private company that accepted stolen money to make political contributions.
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Old 02-25-2012, 11:01 AM   #6
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Default Re: Green company gets $390M subsidies, lays off 125

No, but it is about those at the top getting $$ to make a decision to get rid of those at the bottom.
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Actually, Chicago is not a dangerous place to be because not enough people die there, cops or not.
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Do I want to be the only white guy in the neighborhood with $2000 in my pocket? Nope. Seems like a risky place to be.

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Old 02-25-2012, 11:07 AM   #7
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Default Re: Green company gets $390M subsidies, lays off 125

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No, but it is about those at the top getting $$ to make a decision to get rid of those at the bottom.
If they didn't lay those people off, they would've had to pay them part of the $390m and would not have been able to give it to the DNC and Elect Obozo campaign.
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Old 02-25-2012, 11:24 AM   #8
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Default Re: Green company gets $390M subsidies, lays off 125

friend of bill barack
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Old 02-25-2012, 11:29 AM   #9
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Default Re: Green company gets $390M subsidies, lays off 125

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If they didn't lay those people off, they would've had to pay them part of the $390m and would not have been able to give it to the DNC and Elect Obozo campaign.
yeah, I missed that part when I read the article the first time. lol
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Actually, Chicago is not a dangerous place to be because not enough people die there, cops or not.
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Do I want to be the only white guy in the neighborhood with $2000 in my pocket? Nope. Seems like a risky place to be.

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Old 02-25-2012, 11:34 AM   #10
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Default Re: Green company gets $390M subsidies, lays off 125

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Originally Posted by MichiganSkip View Post
58 views and crickets. If a union thug would have posted this, some of you would be all over him telling him it's none of his business how much the CEO/CFO makes in wages and bonuses.
Oh, and the "just how does this affect YOU personally? " card.
It has NOTHING to do with Unions. It has to do with a company that is sucking O's cock to the tune of 390 million of OUR dollars and pissing it away (right back to the DNC).........
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Originally Posted by rapidr
You'd stand a better chance of jacking off a wildcat in a phone booth with a handful of sand than converting me to YOUR leftist crap.
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Old 02-25-2012, 11:41 AM   #11
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Default Re: Green company gets $390M subsidies, lays off 125

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It has NOTHING to do with Unions. It has to do with a company that is sucking O's cock to the tune of 390 million of OUR dollars and pissing it away (right back to the DNC).........
Looks like for some anyway, cocksucking pays pretty good. lol

Quote:
Robert Johnson, vice president of the energy solutions group, got a 20.7 percent pay increase going from $331,250 to $400,000, while Jason Forcier, vice president of the automotive solutions group, saw his pay increase from $331,250 to $350,000. Prystash’s raise was 8.5 percent, going from $350,000 to $380,000.
You're not saying this whole "giving money to green energy companies" is a scheme to
put taxpayer monies into the Dem party is ya?
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Quote:
Originally Posted by Jsup View Post
Actually, Chicago is not a dangerous place to be because not enough people die there, cops or not.
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Do I want to be the only white guy in the neighborhood with $2000 in my pocket? Nope. Seems like a risky place to be.

.
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Old 02-25-2012, 11:47 AM   #12
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Default Re: Green company gets $390M subsidies, lays off 125

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Looks like for some anyway, cocksucking pays pretty good. lol



You're not saying this whole "giving money to green energy companies" is a scheme to
put taxpayer monies into the Dem party is ya?
There's a line of the mother fuckers ready to suck O's cock for a half a billion at a time.......he's just keeps on payin'
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Originally Posted by rapidr
You'd stand a better chance of jacking off a wildcat in a phone booth with a handful of sand than converting me to YOUR leftist crap.
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Old 02-25-2012, 11:52 AM   #13
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Default Re: Green company gets $390M subsidies, lays off 125

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There's a line of the mother fuckers ready to suck O's cock for a half a billion at a time.......he's just keeps on payin'
has anyone been able to document that some of that money goes back to the DNC, or is it speculation? I'd think if it were provable someone would surely have spilled the beans by now. At any rate, it would make good press
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Quote:
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Actually, Chicago is not a dangerous place to be because not enough people die there, cops or not.
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Do I want to be the only white guy in the neighborhood with $2000 in my pocket? Nope. Seems like a risky place to be.

.
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Old 02-25-2012, 11:52 AM   #14
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Default Re: Green company gets $390M subsidies, lays off 125

BTW Dale, lots of Novas running today
http://www.ustream.tv/channel/drag-story
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Quote:
Originally Posted by Jsup View Post
Actually, Chicago is not a dangerous place to be because not enough people die there, cops or not.
Quote:
Originally Posted by Jsup View Post
Do I want to be the only white guy in the neighborhood with $2000 in my pocket? Nope. Seems like a risky place to be.

.
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Old 02-25-2012, 11:58 AM   #15
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Default Re: Green company gets $390M subsidies, lays off 125

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BTW Dale, lots of Novas running today
http://www.ustream.tv/channel/drag-story
Cool.....guy in a Nova just made a HELL of a save.....broke an axle on the launch.....
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Originally Posted by rapidr
You'd stand a better chance of jacking off a wildcat in a phone booth with a handful of sand than converting me to YOUR leftist crap.
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