"Ten days ago, LG Chem subsidiary Compact Power began furloughing workers without ever having produced a single battery for Ford or GM electric vehicles. So far, taxpayers have put $150 million into the Holland, Michigan operation via Barack Obama’s green-tech subsidy program without seeing any return at all on the investment; the only batteries that have been produced were built in South Korea. So what has CP and LG Chem been doing for the last couple of years in the facility that taxpayer dollars built? Mostly playing cards and reading magazines, as the NBC affiliate in Grand Rapids reports (via the Weekly Standard):"
Another shovel ready job from the