Salon.com > A123 Systems http://www.salon.com Fri, 24 May 2013 10:45:00 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 The new Solyndra http://www.salon.com/2012/10/16/the_new_solyndra/ http://www.salon.com/2012/10/16/the_new_solyndra/#comments Tue, 16 Oct 2012 20:00:00 +0000 http://www.origin.railrode.net/?p=13042313 President Obama better be prepared to deliver an aggressive defense of his signature "green jobs" energy policy initiative tonight. On Tuesday morning, A123 Systems, a manufacturer of electric car batteries that received a sizable grant from the Obama stimulus, filed for bankruptcy. The Romney camp, reported the Hill, wasted no time painting the troubled company as a new Solyndra.

"A123’s bankruptcy is yet another failure for the President’s disastrous strategy of gambling away billions of taxpayer dollars on a strategy of government-led growth that simply does not work,” said Andrea Saul, a spokeswoman for Mitt Romney.

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