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Joe Biden is in Michigan today, reportedly to announce the first round of $2B in battery grants.  (Source: The Weekly Standard)
Grants bring good news to state's troubled economy

Michigan is among the states that has been hit hardest by the recession.  The government went to extreme measures to keep the state's economy from collapsing, including assuming majority ownership of GM and propping up Chrysler through bankruptcy.  Now the federal government is preparing to reach deeper into its pockets to help the state out even more.

Vice President Joe Biden is in Michigan today at the NextEnergy Center in Detroit.  He is reportedly going to announce the first round of $2B USD in Department of Energy battery grants.  The grants should boost the state's economy and help develop better electric vehicles, currently favored as the future of the car industry by the domestic automakers.

The federal government is also separately loaning money to battery manufacturers under the $25 billion Advanced Technology Vehicle Manufacturing Incentive Program (ATVM).  Among the battery manufacturers that applied for that loan are A123 Systems, EnerDel, and Compact Power.  Thus far Ford, Nissan, and Tesla Motors received ATVM loans.  It is unknown who the grants will go to, but A123 Systems, EnerDel, and Compact Power seem like leading candidates.

Ed DeSeve, the president's special advisor on the stimulus program, had stated about on July 21, "I think you'll see over the next week or so ... some industrialization focus, for example, on the battery grants that are coming.  It makes sense to put those in places where there is productive working capacity -- people who can do the jobs. There are plants where the jobs can exist, and I think you are going to start to see more and more of that over time."

The ATVM loans must be repaid eventually by automakers and battery makers.  However, the DoE grants do not have to be repaid.  Michigan has also offered battery makers some big tax cuts in hopes of luring business into the state.

A limited amount of tickets to Mr. Biden's appearance have been offered to the public on a first-come-first-serve basis.

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RE: Michigan
By Dorkyman on 8/5/2009 5:07:59 PM , Rating: 1
There is the ORIGINAL birth certificate, and there is a MODERN VERSION of the original. All the Messiah supporters say "he has released his birth certificate" but they are refering to the MODERN VERSION. The original exists, locked up in Hawaii. It makes me extremely curious as to why Messiah has gone out of his way to hide the original, as well as locking down numerous other documents (school transcripts and such) pertaining to his earlier life. His very actions make people suspicious. He could instantly defuse the criticism by releasing those documents--yet he won't.

A fascinating situation for a man who campaigned on "transparency."

RE: Michigan
By nunya on 8/5/09, Rating: 0
RE: Michigan
By MrPoletski on 8/6/2009 6:38:54 AM , Rating: 3
Messiah? where the hell did that come from?

He could instantly defuse the criticism by releasing those documents--yet he won't.

So could the birthers, by shutting the hell up.

You think Obamas parents put announcements in the local papers about his birth over there just in case their son decided to run for president in forty years time?

What planet are you on?

And what the hell is wrong with the modern version of his birth certificate?


And.. being as his mother was a Us citizen, doesn't being her son entitle him to US citizenship even if he were born in Spain, Germany AND France?

"There is a single light of science, and to brighten it anywhere is to brighten it everywhere." -- Isaac Asimov

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