Not Logged In Log In   Sign Up   Points Leaders
Follow Us    1:54 AM

GasBuddy News Article

53
votes
In lawsuit against Energy Department, two firms claim cronyism in ‘green car’ loan program

Washington Post -- 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


Read the Full Article

Submitted Jan 11, 2013 By: bar1035
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
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,041
Points:2,387,215
Joined:Nov 2008
Message Posted: Jan 14, 2013 12:08:02 AM

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

Posts:10,917
Points:2,283,130
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:11,576
Points:1,868,995
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:1,623,005
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:11,576
Points:1,868,995
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:11,576
Points:1,868,995
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:11,576
Points:1,868,995
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:10,495
Points:2,516,350
Joined:Apr 2006
Message Posted: Jan 12, 2013 5:03:33 AM

Now the lawyers get rich.
1fulltank
Champion Author Buffalo

Posts:10,917
Points:2,283,130
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:13,415
Points:2,855,225
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:668,700
Joined:Mar 2012
Message Posted: Jan 12, 2013 12:33:52 AM

Again?
HEBster
Champion Author Kentucky

Posts:11,886
Points:3,129,665
Joined:May 2006
Message Posted: Jan 12, 2013 12:33:48 AM

No surprise
crreed1
Champion Author West Virginia

Posts:5,011
Points:3,212,935
Joined:May 2005
Message Posted: Jan 12, 2013 12:32:33 AM

ok
silverfoxv65
Champion Author Michigan

Posts:7,757
Points:2,002,480
Joined:Sep 2009
Message Posted: Jan 12, 2013 12:32:04 AM

Thats obummer!
Harry813
Champion Author Iowa

Posts:4,724
Points:1,343,195
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:10,161
Points:1,877,565
Joined:Sep 2009
Message Posted: Jan 12, 2013 12:30:40 AM

Whatever --- Zonk.
Settjec
Champion Author Little Rock

Posts:5,140
Points:1,444,515
Joined:May 2010
Message Posted: Jan 12, 2013 12:30:23 AM

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

Posts:9,683
Points:2,869,125
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:12,172
Points:3,241,950
Joined:Mar 2005
Message Posted: Jan 12, 2013 12:28:23 AM

Ya think?
10k
Champion Author North Carolina

Posts:25,621
Points:3,028,175
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:5,950
Points:1,438,975
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:7,107
Points:1,510,540
Joined:Apr 2011
Message Posted: Jan 12, 2013 12:24:18 AM

heh
heartbroken2010
Champion Author Ottawa

Posts:7,561
Points:1,672,535
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:5,897
Points:2,873,370
Joined:Nov 2006
Message Posted: Jan 12, 2013 12:20:31 AM

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

Posts:598
Points:159,440
Joined:May 2012
Message Posted: Jan 12, 2013 12:19:18 AM

Corruption sucks!
chuckwthompson
Champion Author Charlotte

Posts:7,015
Points:1,353,085
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:6,155
Points:1,603,105
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:5,521
Points:1,339,245
Joined:Feb 2011
Message Posted: Jan 12, 2013 12:15:26 AM

Too many Sue happy people
unicornpmb
Champion Author Buffalo

Posts:11,729
Points:2,405,620
Joined:Sep 2005
Message Posted: Jan 12, 2013 12:15:04 AM

Waste of court time.
jkpsr
Champion Author New Jersey

Posts:5,974
Points:1,628,915
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:6,490
Points:1,441,625
Joined:Mar 2011
Message Posted: Jan 12, 2013 12:14:08 AM

Ok
Jmac2008
Champion Author Missouri

Posts:4,614
Points:1,487,620
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:10,424
Points:2,112,405
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:13,783
Points:2,630,945
Joined:Mar 2008
Message Posted: Jan 12, 2013 12:11:17 AM

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

Posts:10,814
Points:3,222,425
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:11,387
Points:2,455,995
Joined:Aug 2008
Message Posted: Jan 12, 2013 12:10:52 AM

Really?
Chris46
Champion Author Dayton

Posts:50,438
Points:2,844,340
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:5,007
Points:1,164,515
Joined:Mar 2012
Message Posted: Jan 12, 2013 12:09:21 AM

Sounds Fishy to Me.
naspa
Champion Author Cleveland

Posts:4,640
Points:1,127,850
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:3,594
Points:919,825
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:4,175
Points:1,171,680
Joined:Jan 2012
Message Posted: Jan 12, 2013 12:05:11 AM

Ok.
BobD2009
Champion Author Long Island

Posts:10,182
Points:2,000,015
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:912
Points:2,088,655
Joined:Sep 2008
Message Posted: Jan 12, 2013 12:04:56 AM

ok
PrinceLH
Champion Author Ontario

Posts:5,947
Points:1,314,070
Joined:Jun 2011
Message Posted: Jan 12, 2013 12:03:55 AM

What else is new!
wshokie12
Champion Author Winston-Salem

Posts:3,420
Points:914,890
Joined:Aug 2012
Message Posted: Jan 12, 2013 12:03:26 AM

Again
Post a reply Back to Topics