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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 smitty3268 on 8/5/2009 8:05:38 PM , Rating: 3
This has all been debunked by that liberal rag, the Wall Street Journal.

The Cliff Notes:
What he released IS the official and legal birth certificate of Hawaii, even if they call it something else. It would be accepted by your employer, and by any court in the country. Hawaii won't even release anything else to normal citizens, the only reason Obama might even be able to get the original is because he's the president of the USA and it's unlikely some civil worker would say no to him.

The states Republican governor has vouched for it. Do you really expect people to believe that a Republican is lying to protect Obama?

There's seriously much more to support the idea that the moon landing was faked than there is for this. It's no different than all the liberal conspiracy theorists who think Bush and the CIA were behind 9/11 and the conservatives who think Clinton murdered Vince Foster.

Then there's the whole recent Kenyan birth certificate that just came out. You saying people are willing to risk fraud in order to frame the man?

HA HA HA HA HA HA HA HA HA HA!!!! Ok, really? You're saying there's not a single person in the whole country who would go into photoshop and whip up a fake document real quick? I think the Daily Show has already done that, in fact. Remember the whole CBS/Rather-gate thing with the faked documents about Bush? There are always wackos out there that will try to kill the President, no matter what kind of politics he follows. You really think they're too afraid to print out a piece of paper?

Nor did he really release any personal information as every other presidential candidate has ever done in recent history

Well, he release 2 full books full. The only stuff I can recall where McCain did put out more was the health stuff you mentioned, and it's self-obvious that someone running to be the 2nd-oldest president ever would need to release more health information than one of the youngest ever candidates. Sure, Obama smokes, but if you do even a basic check of mortality rates, you see that Obama is going to live far, far longer than McCain barring some crazy stroke or something that comes out of nowhere.

"Death Is Very Likely The Single Best Invention Of Life" -- Steve Jobs

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