From The Blaze
Volt no jolt: LG Chem employees idle
President Barack Obama in 2010 spoke at LG Chem subsidiary Compact Power, an electric battery plant in Holland, Mich., to tout his administration’s decision to pour millions and millions of taxpayer’s dollars into the clean energy industry.
“Our goal has never been to create a government program, but rather to unleash private-sector growth,” Obama said. “And we’re seeing results.”
“This is a symbol of where Michigan’s going. This is a symbol of where Holland is going. This is a symbol of where America is going,” he added.
Much like Obama campaign adviser David Axelrod’s premature Nats gloat tweet, the president’s 2010 Holland speech seems pretty ominous in retrospect.
Why? Because, according to a new report from Target 8, that same electric battery company President Obama spoke at in 2010 is an unmitigated disaster and a shameful waste of tax dollars.
For starters, there’s no work to be done. Employees, who are being paid with the $150 million the Department of Energy awarded the plant, claim they show up and sit around because there’s nothing to do. It has gotten to the point where employees spend most of their time playing cards and/or board games and watching movies to keep themselves entertained.
“There would be up to 40 of us that would just sit in there during the day,” one former LG Chem employee Nicole Merryman, who said she quit in May, told Target 8.
Read more here.
How many more nails do we need to hold on the coffin lid? I know this is not surprising, but at the same time it’s disgusting. Isn’t it obvious by now that there is no market for EV’s? None. Zip, zero, nada, null. Hello!?!?!?! Can you say pipe dream?
Someone in the Mitt Romney camp should put this story into one of their anti-Obama ads.