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Tag: Doubling Down
By JGillman, Section News
Carl Levin has a bridge to sell you over some swampland in Michigan.
In Mid-December, Senator Carl Levin posted a position piece supporting further battery technology spending by taxpayers in Michigan. He states:
In other words we have failed miserably in our efforts to date, and we should really double down.
Between the sale of battery technology to China, and a dismal failure of LG Chem to realize the investment made:
"But now you're getting it. Reporters who visited the Michigan factory of the South Korean company LG Chem, which got $151 million in stimulus money to manufacture lithium-ion batteries, discovered workers sitting around playing Monopoly and poker. The employees said it wasn't their fault: "What do you do when there's no work?" "Sure why not follow THESE successes with additional money thrown around.
As far as going all-in with these schemes, one might better be served with the proverbial 'fool me once .." advice. Frankly, Senator Levin should take the advice given to Harry Reid by the weeper last night.
At least the recipient would be 'getting it' voluntarily.
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