THE CARS
Organized Crime in Public Office, Technology Suppression, Crony Kickbacks, Cover-ups, Contract Rigging, Stock Manipulation: Welcome To Washington DC.
Hundreds of American business’s were invited by, and submitted applications to, the Department of Energy to help support a national federal request to build a new auto industry and add large numbers of domestic jobs to the economy.BUT – each and every one of them, unbeknownst to each, ran afoul of a campaign donor kickback deal that was already in place. They were all booted out, except a handful of “pre-wired” awardees.
This broke many laws! This was wrong! Now it is time for justice!
Do organized business-men’s groups really manipulate public policy like that? Let’s take a look at history:
WHAT’S HAPPENED SINCE THEN:Here are some of the things that have happened since 2008:
– A number of the people that worked with the highest levels of Government, that were nay-saying our project, were arrested or indicted for corruption.
– Dozens and dozens and dozens of the highest level federal executives that were nay-saying our project, were forced to resign. Almost every major person in the White House, at the start of the scandal, has resigned.
– The U.S. Government has awarded us multiple patents as the first-to-invent, including the core patent on pressure membrane vehicles.
– Three federal corruption lawsuits have been filed by our team against Washington executives who manipulated the system
– GM, Ford, Chrysler and other companies are now using parts of our technology in volume production, thus proving the value of our engineering.
– Most of our competitors, who got the same money we were applying for, went bankrupt after intermediaries skimmed off part of the taxpayer cash.
– Another group of our competitors, who got the same money we were applying for, had to be given to China under “gift terms”. The U.S.is now in Cyber War with China.
– The head of the federal auto agency suddenly quit when presented with documents about our case.
– 60 Minutes has broadcast no less than 5 segments that deal specifically with the scandal that our team endured.
– Over 15,000 news stories have been published, worldwide, about the scandal.
– One of the made up rejection notices that DOE staff came up with was that “we had not projected enough car sales” in the first 5 years of operation. IN FACT: We projected EXACTLY what EVERY single other car company in the world archived in their 5 years, including every single one that who got the same money we were applying for. Most of them had promised hundreds of thousands of vehicles in the first four years. We were right, they were either wrong or misleading.
– Two of the largest automotive safety scandals in history have emerged: The GM crash scandal with potentially billions in losses and the 16 million vehicle multi-car company airbag recall. Both were for deaths caused by their vehicle systems. Our technology specified that those other car systems were potentially lethal and solved those problems in advance. Our technology has, again, been vindicated.
– Tesla and Fisker have had disastrous vehicle fires from the use of non-automotive energy storage systems without adequate safety protection. Tesla has been forced to give it’s patents away because they describe these very dangers within the text of their patents. Our technology prevents such incidents.
– Federal and private investigators have uncovered moles, or planted staff, that were placed in our company, by competitors, in order to damage the project.
– Federal and private investigators have uncovered attack bloggers, or planted media shills, that were placed on the web, by competitors, in order to damage the project.
– At least 6 parties (with more expected to be uncovered) who were in charge of reviewing our federal application, owned stock in our competitors companies, who “won” the money.
– Some of our staff have now been required to testify in federal investigations. Some of our team have now been in communication with every major state and federal law enforcement agency in America.
– In one of the DOE rejections, the list of “reasons for rejection” has now been proven by investigation, and historical facts, to have been totally falsified by DOE officials. Every company who didn’t do what we had proposed, went bankrupt, or failed to find buyers.
– Snowden happened and proved that evidence of corrupt activities, by federal officials, has been archived more deeply than anyone suspected.
– We helped get some new laws passed that make it harder for this kind of scandal to ever happen again.
– Multiple federal and private investigations are still underway but preliminary results appear to show that the DOE funding program was compromised by corruption. The formal federal reports by the GAO and he U.S. Senate state this as fact.
– Dozens of federal investigations have reached the public eye, including the Lois Lerner IRS case, demonstrating that federal officials DO put “hits” on competing companies and interests.
– Films and books about the scandal are under-way
That is only a small part of the update. While the justice system is slow, somewhat broken and, at times compromised…it does eventually seem to work.
We still have hope for the future… check back…
“All Investigators are now closely watching the ELIO MOTORS ELECTRIC CAR FUNDING PROCESS: If Elio gets jacked up with any of the same tactics, it will prove the rigging of the funds. If ELIO MOTORS makes it through, it will prove that the 200+ other applicants had been jacked up in the process. ELIO Watchers are most interested in the DOE PERMANENT STONE-WALL TACTIC: An endless series of “just-on-more-thing” for those who are not associated with campaign backers. “Bottom-Drawer-ing” your application can be made to last over a decade, or until your company goes out of business. According to federal investigators, campaign backers Tesla, Solyndra and Fisker were reviewed in 14 days, like normal commercial bank loans. … Applying for DOE cash will make investors avoid your car company because of: “the deal”. See the federal investigation documents for details…
For a relatively small amount of money, a power-broker can now buy their own law, or policy decision, in Washington, DC. This study is about what happens when bad people spend tens of millions of dollars to buy laws and policy decisions at the expense of the public.The authors, and the reporting team, represent members of all political parties. All of the members of this study are Democrats, Republicans, Green Party and other parties. They have all joined together to fight on behalf of taxpayers and small-business owners, who got screwed in this program. There is an agenda: End Corruption!
As one applicant said: “We never even wanted to have anything to do with politics, or be involved with it in any way, but when someone lies to you, then robs you and destroy’s your life savings and then makes tons of money off of the thing they copied and stole, all the while also stealing from other members of the public, you have to do something. You would do the same to protect your family and friends”.
Numerous federal, senate & media investigations have now proven that corrupt politics were involved in a manner which damaged American businesses and damaged America. In other words, it has now been clearly validated that not a single independent American car company was allowed into the program in order to protect the interests of a special few. Not a single small business was supported by the program. They hired the people, that were the most threatened by what the independent companies were doing, to tell them if they should fund them or not.
Certain groups, including off-shore ventures, deployed measures to keep small and independent American car companies out of the market and this once-in-a-lifetime funding window. If a rogue nation launches a major conflict; the flow of oil will instantly halt. By creating a privately manipulated termination of American energy options, the people who rigged the auto market subjected America to national risk on behalf of their personal profits in violation of national security laws.
From a recent article on the web –“Is Lois Lerner The Steven Chu of the IRS?”
While, for most Americans, it was hard to imagine a head of a Federal Agency ordering hits and “Burn Notices” on Americans, no matter what your political affiliation, everyone is disgusted by the Lois Lerner Scandal where that exact thing happened.
It turns out, this may not have been the exception, but the rule: Steven Chu, at the Department of Energy, is charged with the same thing in the same time period. After receiving hundreds of applications from American companies, and having funds to support every one of them, he sabotaged all but a handful of them. That handful just happened to be campaign donors who just happened to see the hundreds of other companies as competitors they could not afford to have on the playing field. Federal investigators want to know who gave Chu his marching orders and who got insider trading stock out of all that. With over $200 billion dollars of taxpayer money going side-ways on deals connected to both the deciders and the campaign backers, the public wants answers ….”
Why should you care about this?
As of now, corruption misdeeds have caused:
Criminal-level political corruption charges and investigations.
The near destruction of the modern domestic EV market via market manipulation, lock-off and restricted favoring.
The acquisition, by America’s largest potential adversary*, of America’s leading energy and transportation companies, and their technologies, at taxpayer expense.
Over 40 resignations.
The loss of over $100 Billion taxpayer dollars.**
A negative impact on the job market.
A giveaway of tax dollars to billionaires, who had no need for the money, so they could build elite cars that nobody wanted, while intentionally with-holding money from dozens of independent car companies who actually had cars the market said, in writing, they wanted.
The redirection of market contracts to off-shore entities at the expense of domestic jobs and industry.
(* = CIA, NSA, State Dept., DIA) (** = GAO, U.S. Treasury, OMB, Wall St. Journal, NY Times, Senate Investigation Commte., Washington Post, LA Times, FOX, )
We recently saw this article online, It appears to have merit:WHO REALLY, ACTUALLY, KILLED THE ELECTRIC CARS?By AW
“Summary –
These people really, actually, killed the electric cars (AKA: “The Dirty 7”):
– Senators with Insider Trading Deals
– Campaign Financiers with Investments in Competing Areas
– Venture Capitalists with Competing Investments
– The Steel Industry (because electric cars avoid using steel)
– The Unions (Because they have certain deals with the “old” car companies)
– The Oil Cartel
– The Detroit Auto Cartel
The steel industry has a kick-back scheme with Detroit and a large number of Senators
The oil industry has a kick-back scheme with Detroit and a large number of Senators
The auto unions have a kick-back scheme with Detroit and a large number of Senators and Party Officials
Chrysler, Ford & GM have kick-back schemes between a large number of Senators, The oil industry and the steel industry
None of them make any money with electric cars so they don’t want any electric cars
GM, Ford & Chrysler manipulate funding, marketing, laws and politicians to hold off the electric car market on behalf of themselves and their steel and petro-chemical cartel partners.
Electric cars don’t use much, if any, steel so the steel industry feels it can keep billions of dollars for itself if it stops electric cars. The steel industry gets billions of dollars of contracts from Detroit which it pays back to some Detroit boards in repercussive stock and supplier arrangements.
Electric cars don’t use petroleum products so the petroleum industry feels it can keep hundreds of billions of dollars, for itself, if it stops electric cars. The petroleum industry gets hundreds of billions of dollars of contracts from Detroit which it pays back to some Detroit boards in covert ways.
Using a complex series of tactics deployed by hundreds of hired operatives, “consultants” and shills and costing Detroit over $16 million per year, this ongoing strategic interdiction plan has been very effective; until the internet came along.
Here is their playbook. Here are the details about how they do it. If you think it is how your world should work then you do not need to do anything, If you think it is wrong then you need to use all of the same techniques that they use to end it. If you think this is over-the-top or not credible then you need to think about what you think people might do to control trillions of dollars of profit and political power. Since you probably cannot even imagine that world, yet you know it exists, then you might want to help fix it:
THE DIRTY 7′S PLAYBOOK:
Targeted Blockade Efforts – All of the groups at the top of this report get together, via their lobbyists, and undertake coordination of all of the efforts listed below…
Department of Energy Manipulations – Documents have been uncovered which show that the Detroit Big 3 co-authored and lobbied the laws and decision process for DOE funding. The Big 3 represent that they are “competitors” but they conspire to direct all money to only themselves in auto funding efforts with tax dollars. Rahm Emanual, while working as head of the White House, is said to have given Steven Chu a “do Not Fund” list prepared by Detroit and Campaign Backers.
Lobbyists – It costs $50,000.00 to $150,000.00 to buy any politician in Washington. There are only 32 people, at a time, you need to buy in Washington to change policy and laws that affect hundreds of millions of citizens. Buying is accomplished with cash, sex, tickets, plane trips, meals, after-Washington (“private sector”) kick-back jobs , lawyers, access, mortgages and other secret trades.
Tucker-izing – The Tucker incident was a grand example of a car company “take-down”. See the Francis Ford Coppola Movie: “A Man and His Dream” for a set of classic playbook tactics
Fake “White Papers” – Lobbyists write white-papers or hire McKinsey Consulting to write white-papers that are made to look academic but are really a series of shill documents skewed to try to trick politicians into voting for kickback schemes to campaign backers and Detroit
Staged Venture Capitalists – Silicon Valley and NY VC groups organize to agree to not fund any but a few select companies that they control. They still take pitches from all of the other players so they can steal ideas and technology
Shill Pundits – Lobbyists who pretend to be subject experts and appear on TV and radio to say the same sales pitch/mantra over and over to embed falsehoods in the mind of the public
Shill Bloggers – Lobbyists who pretend to be subject experts and appear on blogs to say the same sales pitch/mantra over and over to embed falsehoods in the mind of the public
Corporate Saboteurs, Moles, Honey Traps & Spies – Over 500 Corporate Saboteurs, Honey Traps & Spies work in Silicon Valley alone. They are actually escorts, private eyes and undercover lobbyists. They are hired to infiltrate a competing company and cause a staff ruckus, prep a hostile take-over or get the CEO in a lawsuit. They try anything to slow-down or sabotage the new technology that is competing with the “Dirty 7” above.
Controlling the Battery Industry – VC’s bought control of the battery industry and ore supplies in order to create their own cartel
Goldman Sachs – False front organizations which appear to be one thing are actually manipulating funding, public policy and media coverage, ie: McKinsey, EPRI, Goldman Sachs, Lobby Groups, Banking Groups, Venture Capital Groups
Shill “Reporters” – The key tactic is to make the public think that the EV market is crashing or is not being accepted by the public. This is accomplished by making sure every car is too expensive or too hard to fuel so that the public will not want one, under the current synthetically generated limits.
Trade Industry Blockades – (SEE THIS STORY)
Penalty & Discouragement Laws created by Detroit Lobbyists – Making laws that only Detroit Cartel members can meet.
Green-Washing – A thing that is very deadly, explosive, toxic, impossible to dump safely, etc. (ie: Lithium ion) is branded and PR-hyped as a “green”-thing or “Cleantech”. Ie: Detroit said they needed more money because nobody was buying their cars so they told DOE to say they would give them free tax money to make “green cars” they never intended to market.
Building “See-It-doesn’t work” anti-EV’s – Car companies, who really don’t want to build electric cars, will build a few and either price them out of market interest or create a failure point so that they can say: “oh well, we tried, see it doesn’t work, back to gasoline then!”
Manipulating the stock market – By having the same investors in the Dirty 7 also be the same investors in the media companies and internet companies who control public information, the 7 can delete any negative news and push only positive news about their cartel products (ie: Tesla/Google)
White House “Consultants” – Steve Rattner (Indicted), Steven Chu (Under Investigation) or certain “Expert Executives” that are part of a cartel get “appointed” as “advisers” so they can manipulate the taxpayer money from within the system
Controlling the Unions and their Votes – Senior Washington Executive Staff go to the unions and say” If we give your associated companies, that hire your members, a bunch of money will you make all of your members vote for our party/candidate/bill?”
The GM EV1 – Ahead of it’s time, consumer raves, killed off because it was too successful
Fake science papers – Lobbyists write papers or hire McKinsey Consulting to write white-papers that are made to look academic but are really a series of shill documents skewed to try to trick news editors into creating articles and news stories which skew to support kickback schemes to campaign backers and Detroit
Anti-Advertising – An example of this is the Chevy Volt ad showing the Volt being driven into a gas station for the owner to use the bathroom and then the owner getting abused and harassed by the other customers. For millions of dollars of ad buys and video production, the main subliminal message is that you will get harassed if you buy the car and you associate it with bathroom urges. Chevy and Madison Avenue knew EXACTLY what they were doing. You don’t spend millions on “focus group ad response research”, as shown in the UI/UX research budget for this ad, without knowing it will have a negative effect ahead of time.
Manipulation Front Organizations – False front organizations which appear to be one thing are actually manipulating funding, public policy and media coverage, ie: McKinsey, EPRI, Goldman Sachs, “Plug-in America”, Lobby Groups, Banking Groups, Venture Capital Groups”
OUTSIDE LINKS ABOUT THE INVESTIGATION:
https://somosnark.wordpress.com/crime-files-cargate/interactive-public-timeline-car-gate-energy-dept-scandal/
http://meetslife.com/cargate-dept-energyvc-billionaire-epic-cluster-fck/
http://www.somo1.com
http://scandal-sheet.com/ripsheet-tv-investigation-videos/
http://peterschweizer.com/wordpress
http://abrege.eu/truth
http://www.paybackpolitics.org
http://bit.ly/NXeOLG
http://greencorruption.blogspot.com/
http://www.usa.gov/directory/federal/government-accountability-office.shtml
http://www.commoncause.org/site/pp.asp?c=dkLNK1MQIwG&b=4773595
http://www.gao.gov/
http://dailycaller.com/2012/10/30/as-many-as-fifty-obama-backed-green-energy-companies-bankrupt-or-troubled/Even More Sites Documenting the Investigations:GAO2
FBI Investigation
Daily Bail
VOX
Energy Makes America
Documentary Movie 1
Public Research Site
Documentary Movie 2
Documentary Movie 3
DOE 1
DOE 2
DOE 3
Solyndra A
Bloomberg Solyndra
Washington Post Solyndra
FBI
Auto Corruption 1
Auto Corruption 2
Auto Corruption 3
Auto Corruption 4
What is the bottom line after reading this small sample of the vast number of these articles, links, reports, investigations and studies?: “People got kickbacks to support favored companies and lock-out others.”
At this point it is pretty obvious, to anybody who reads the thousands of pages of published Congressional testimony and agency investigations, what happened. You don’t need to be an FBI agent to see what went down. You can read the headlines, almost every day, to see that something is really, really wrong in Washington. Let’s fix it!
While a certain few officials are trying hard to cover-up, delay and obfuscate the investigations; there are dedicated officials who are sincerely fact-seeking and prosecuting the law-breaker/ethics-breaker officials who misused taxpayer trust and money. Many of the evil-doers have already been fired or forced to quit.
For nearly a decade, our engineering teams warned DOE and NHTSA to not put 5000, or more, lithium ion batteries in an enclosed container because they WILL self-ignite. Here are the results of a new federal study confirming our team’s warnings:
“Corrupt politicians, and criminals, who engage in crimes in the dark will always, eventually, have to face the light. Welcome to the AGE OF TRANSPARENCY”
THE CARS, PART 2
How they killed the first one off…
Please visit: http://www.tuckerclub.org/Unfortunately for the bad guys, this time around there are DOE whistle-blowers, Senate investigators, social media investigators, federal agency investigators, major news journalists, angry public, law enforcement specialists, past case FOIA documents and many others helping to get the matter resolved. Mr. Tucker caused a law to be created, called “The Tucker Law” which is assisting many of the filed, and in-preparation, cases. Thank you Preston Tucker!See The Movie: Get the movie at Amazon.com at: http://www.amazon.com/Tucker-Man-Dream-Jeff-Bridges/dp/B00004Y62V/ref=sr_1_1?s=movies-tv&ie=UTF8&qid=1353268328&sr=1-1&keywords=tucker
Read about how they did it: http://www.economicthinking.org/Americanhistory/tucker-greg.html
An example of one kind of Process Detroit uses to kill off alternative transportation:
Rail industry stops technology to prevent derailments
By Robert J. AhernThe screech of a train derailment shattered the silence in the woods near New Unionville, Ind., last October. Fourteen cars filled with coal, weighing 140 tons each, went off the rails, another victim of a failed wheel bearing. Two years earlier, failed bearings caused a much larger accident near Portland, Ore. Derailed freight cars shredded 2 ½ miles of track before smashing into two parked fuel tankers carrying ethanol, which ignited and forced a community evacuation.
Failure of wheel bearings – the round, metal rods inside a railcar’s wheel assembly that help the wheels roll smoothly – are the nation’s third-largest cause of train derailments, according to a 2012 University of Illinois study. Only broken rails and track irregularities cause more accidents each year.
Rail travel, for both freight and passengers, is safer now than it has ever been. Yet problems persist. Bearing failure is one; accidental uncoupling is another. Innovative companies have devised solutions. Unfortunately, the railroad industry has been hostile to remedies that come from beyond its closed culture. This stonewalling puts American lives and freight at risk.
Companies such as Stage 8 Locking Fasteners of San Rafael, Calif., and Columbus Castings of Columbus, Ohio, have promising technologies and are hoping the federal government can help clear the way for them. Legislation is pending in Congress that would require the Federal Railroad Administration – the government agency that oversees the rail industry – to adopt and enforce mandatory safety standards that would ensure bearing failures, decoupling and other accidents do not happen. This would permit railroads to use any technology – from inside or outside the industry — that meets the standards.
In the strange case of Columbus Castings, the Ohio firm – a railroad industry outsider, despite being the nation’s largest steel foundry – created a product called the Z-Knuckle, which prevents accidental uncoupling.
The Z-Knuckle met the railroad industry’s newly created standard for such devices. But in an remarkable twist, because the Z-Knuckle was the only device that met the standard, the industry refused to authorize its use. Instead, it chose not to enforce its own standard.
Bearing failure caused 257 U.S. derailments between 2001 and 2010, with more than 1,700 cars skipping the tracks, the University of Illinois researchers found. This led to millions of dollars in lost freight, cleanup and track repair costs, not to mention the tragic loss of life.
These derailments happen because the screws holding the bearing end caps — which maintain proper tension in the bearing — vibrate loose after thousands of miles of service.
The rail industry has tried for 50 years to devise a reliable screw-locking technology of its own, but to no avail. The best locking system the rail industry has been able to come up with still allows a failure rate of 23 percent, which means that nearly one out of every four wheel problems is caused by loosened screws.
In 2009, Stage 8 invented the Cap Screw Locking System designed to keep rail car wheel screws from vibrating loose. But then it ran into the rail-industry bureaucracy. All new products that companies want to market to the nation’s rail carriers must be approved by the American Association of Railroads (AAR), the freight rail industry’s powerful trade group.
The organization withheld approval for years, blocking the new product that would threaten the revenue stream of bearing-replacement suppliers.
Stage 8 continued to hack through the red tape until the AAR set up another hurdle: A field test intended to prove the device’s flaws. But after 150,000 miles of the AAR’s own testing on rail cars, the locking device showed no failures. It was a complete success.
In 2010, the railroad industry spent $223 million to repair and replace wheel sets because of screw loosening. The Stage 8 device would not only wipe out that expense, if it were installed on every freight car in the U.S. over a seven-year roll-out period, a reliable analysis shows that the rail industry would save nearly $1.1 billion.
Many companies have created groundbreaking solutions to problems that have dogged the railroad industry for years. Congress should act on their behalf – and on behalf of the railroads themselves and their many users – to help make America’s railroads safer. Passage of legislation would repair the railroad’s broken system.
Ahern is director and executive vice president of Stage 8 Locking Fasteners Inc.
Industrial researchers estimate that over 8000 new technologies, per year, are halted, destroyed, sabotaged, delayed and blockaded by “Trade Groups” working in direct complicity with U.S. Senators. Sound like a crime? It is, except for Senators. Write your elected officials. Make the prevention of life-saving, community-health-improving and society-enhancing technologies, by public officials, A FELONY!
THE TAKEOVER GAME:
Almost every electric car company that starts to get traction has a hostile takeover attempt. Later stage parties create a dispute which causes the founder to be forced out, bought out, quit or otherwise stop providing the impetus to deliver a disruptive technology. The process has now occurred so many times that it is beginning to look like an intentionally crafted standardized strategy by third-parties who fear market diffusion. It happened to XP but they overcame it. The “new management” usually “accidentally” tanks the company. Let’s try to guess who the “third-parties” might be…
And on and on…BUT:What better way to control a market than to control all of the funding for that market and then have all that controlled funding administrated by “your people” who have been placed in, and around, a federal agency! It’s the “Takeover Game” on a whole new level.
Just sayin…
Do people really do these sorts of things? Imagine megalomaniac car, energy and materials company heads with billions of dollars that want to control hundreds of billions of dollars…
From the many comments we receive in the mail comes this. We thought it to be of particular interest:“Decoding Washington-speak
“Does not meet our qualification criteria” = “didn’t bribe the right people”
“Outside of competitive ranges” = “your stuff is better than the stuff our friends companies make so we can’t allow you in the market or you will blow the socks off our friends who pay us kickbacks”
“Due Diligence” = “We evaluated your material and then we ignored the evaluation results and changed the finish line so there could be no way you might look better than our friend’s companies even if you are better”
“Broad applicant group” = “even though most of the applicants were American small businesses we didn’t give funding to a single one of them. We only gave money to the few biggest American and non American companies who had a published record of the
largest campaign funding.”
“Substantial review” = “we intentionally took years to do what most banks take weeks to do in order to force those who compete with our friends companies out of business”
“Complete evaluation” = (SEE “SUBSTANTIAL REVIEW”, above)
“Your candor is appreciated..” = Because you reported violations of the law by agency insiders, you are going to get punished.
“Solyndra” = “What investigation?.. huh.. why do you mention them…?”
“Tax credits” = Reverse kickbacks
“Call for a review” = Have our best friends write a report saying nothing is wrong
” Write a review” = Have our best friends write a report saying nothing is wrong
Intentional delays exposed.http://mobile.bloomberg.com/news/2013-05-20/u-s-attorney-leaked-memo-to-undermine-operation-critic.html
GAO issues another interesting investigation
Feds: No more auto loans despite funds
Fisker & billionaires
Senate Probe
U.S. GAO – Department of Energy: Status of Loan ProgramsDOE leaves $51 billion in loan funds unused, oversight body reportsEnergy Department auto loan program sputtersFisker Founder Out In Electric Car China ShakeupUS Senator Stabenow and US Rep. Peters introduce Advanced Vehicle …How Obama Should Spend a Big Green Energy Fundhttp://www.businessinsider.com/book-of-longing-kleiner-perkins-lawsuit-2012-http://freebeacon.com/picking-losers/House passes ‘No More Solyndras Act’Bankrupt DOE Loan Recipient Abound Solar Under Investigation …Congress, local authorities investigate Abound SolarLawmakers Question USLoans to Abound Despite Quality IssuesHouse committee investigates government loan for solar panels that …
“Corrupt politicians, and criminals, who engage in crimes in the dark will always, eventually, have to face the light. Welcome to the AGE OF TRANSPARENCY”
THE CARS, PART 3
Startup plug-in vehicle maker Bright Automotive announced today that it is closing down.
While General Motors had invested $5 million in the company, Bright had relied on the hope that the U.S. Department of Energy would grant it low-interest loans under the advanced-technology vehicle manufacturing program.A letter from its CEO and COO to Energy Secretary Steven Chu notes that the Indiana company has waited more than three years for a DoE verdict on applications it submitted in December 2008.
‘Unacceptable to us and our investors’
“Last week, we received the fourth ‘near final’ Conditional Commitment Letter since September 2010,” Bright CEO Ruben Munger and COO Mike Donoughe wrote In the letter, which withdraws its loan application.
“Each new letter arrived with more onerous terms than the last.”
“The first three were workable for us,” wrote Munger and Donoughe, “but the last was so outlandish that the most rational and objective persons would likely conclude that your team was negotiating in bad faith.”
The two had written a week earlier to Secretary Chu that the DoE’s latest terms were “unacceptable to us and our potential investors.”
Earliest terms the easiest
According to a Bright source, over the years the DoE negotiating team would claim that agreement was close, but that “we couldn’t get consensus” on the 10-member board that decided on loan applications.
So each new draft contained additional and more onerous requirements.
The DoE first required increasingly detailed agreements with partners–out of which came a $5 million investment by GM Ventures in August 2010, an agreement with AM General for van assembly late last year, and various other signed vendor contracts. In today’s letter, Munger and Donoughe claim that in 2010, the DoE had urged them to link with an established automaker, and promised that if they did so, loans would be approved in “weeks, not months.”
Increasing match, loan spending ban
More problematic for the private financiers, the DoE also steadily increased the level of matching funds Bright was required to raise.
For the earliest loan recipients in June 2009–Ford, Nissan, and Tesla–that level was at roughly 20 percent.
But Bright’s required match on a $314 million loan application grew from $120 million in late 2010 to $240 million last year, which the company reluctantly agreed to.
But then in the final round this year, it grew again, to $345 million–or more than the total loan Bright had requested.
Perhaps most onerous of all, the DoE newly insisted that every penny of privately invested capital be spent first, before Bright could draw down any of its DoE funding.
There were also fine-grained milestones to be met in design, engineering, even marketing, that would be reviewed quarterly.
False words, false hope?
In the end, Bright never managed to put more than a few prototype vans on the road.
And 1,175 days after its first application, the company could wait no longer.
Bright’s executives minced few words in laying out the impact of the DoE’s lengthy decision-making process. Their letter says,
The ineffectiveness of the DOE to execute its program harms commercial enterprise as it not only interfered with the capital markets; it placed American companies at the whim of approval by a group of bureaucrats.
Today at your own ARPA-E conference, Fred Smith, the remarkable leader of FedEx, made the compelling case to reduce our dependence on oil; a product whose price is manipulated by a cartel which has caused the greatest wealth transfer in our history from the pockets of working people and businesses to countries, many of whom are not our allies.
And yet, having in hand a tremendous tool for progress in this critically strategic battle — a tool that drew the country’s best to your door — you failed not only in the deployment of funds from ATVM but in dissipating these efforts against not just false hope, but false words.
http://www.scribd.com/embeds/245748670/content?access_key=key-YL4mCagJZ704UQGMldZV&jsapi=true&xdm_e=http://xyzcase.weebly.com&xdm_c=default0&xdm_p=1
You know you have made it to THE TOP when WHITE HOUSE staff put a “HIT” on one of your teams! The following information has been provided by investigators from multiple agencies and news organizations:Their retribution attack weapons included: “Honey-Traps”, Hatchet Job Articles, Blogger Attacks, Google search engine manipulations, Employer database sabotage, Moles, Animated attack videos.. The Works!
BUT!.. WAIT TIL YOU SEE WHAT HAPPENED NEXT:
EVERY MAJOR TOP FEDERAL STAFFER, AND ASSOCIATED AGENCY HEADS, FORCED TO RESIGN, 8+ FEDERAL INVESTIGATIONS LAUNCHED ON THEM, TWO FEDERAL LAWSUITS (AGAINST THE BAD GUYS) IN COURT BEFORE FEDERAL JUDGES… AND THAT’S NOT EVEN THE MOST INTERESTING PART…
So… one of the teams won a Congressional award and then the feds invited them into a special program where they accidentally saw a crime-thing they weren’t supposed to see… then they reported the crime to federal law enforcement and Congress, like they were supposed to do… then… THE BAD GUYS decided they wanted to engage in a little retribution… That turned out to be one of their poorer ideas…
SEE ALSO: http://www.paybackpolitics.org
When the White House Press office says “Kill ‘em”, and points to members of the public, they mean it! Whooooeeee! They carpet-bomb you with fake blogger attack articles saying you are a “bad date”, you steal food from puppies, you comb your hair funny… they are ruthless. They have these shill tabloids that they use as fronts, you see.
Thanks to numerous network news broadcasts, the big secret investigation is no longer a secret.
If you are a credentialed reporter, we are glad to meet you at the local GAO, FBI, CIA, NSA, SEC office, or Federal Court Room, of your choice, and go over the very juicy details. (because some of them are helping us.) NOBODY, expected Eddie Snowden and now we find out we can subpoena recordings and videos of the bad guys doing bad things: Cool!.
These folks DO NOT get to attack taxpayers and citizens because those members of the public reported crimes: That IS NOT the way it is supposed to work. So Far: Multiple indictments of bad guys involved in corruption, multiple federal lawsuits filed against corrupt politicians, multiple federal investigations underway… Says CORRUPTION BUSTERS: “You can write all of the anonymous blogger attack articles you want and try to kill our careers, dating lives and brands but our investigators, and friendly agencies, will fill the jails with your guys and the HR files with their resignation and termination slips! You did crimes with our tax money, and our government, and you attacked our people for reporting it, and that is not cool!”
QUESTIONS AND ANSWERS:
Q. How do I research a federal crime investigation:
A. You call up the PRESS OFFICE for the FBI, CIA, NSA, GAO, Senate Ethics Committees, SEC, DIA or any other Three Letter Agency (TLA). They all have very easy to find Press Office contact information on the web. Some of them are down-right friendly and delighted to get a call. If any of them tell you: “we can’t comment on an on-going investigation”, that is a good thing. We like the ones that are “ongoing” and not “stone-walled”.
To go deeper, try the CRIME SCHOOL at http://www.corruptionbusters.info
You can also call federal law enforcement agencies and have them use the following keywords in their crime database: Department of Energy, Steven Chu, Lachlan Seward, Section 136, Solyndra, Fisker, Abound, and related names.
You will get either more info, less info or obstructed info depending on your political affiliation and the political affiliation of who you are asking. Scott and most of the Team are “Independent”. They will assist with investigations on crooks from ANY party.
Q. This sounds like something from a movie. Do big political scandals like this really happen?
A. Ahem… Watergate, Lewinsky, Solyndra, Contra-Gate, THIS THING, The VA Scandal, Bridge-Gate, ENRON, Bernie Madoff, ABSCAM, The LIBOR Scandal, Fast & Furious, Snowden, The British Tabloid Scandal, etc… Yep, it actually happens every day in Washington…mostly because voters let them. Voters – Please, Don’t vote for incumbents. Start fresh with Independents that guarantee to enact anti-corruption laws.
Kinda makes you want to pay attention to the news, huh?.. AND VOTE!!!!
Q. How big was this scandal?
A. Federal investigators are up to $290+ Billion Dollars, and still counting. That’s $290+B of Your Tax Dollars…
Q. Are you paranoid about security?
A. Now that everything has started going public, it isn’t such a big deal anymore. We recently met a technician from a federal agency who can get into any computer or cell phone of any leader, Senator or Congressman with two clicks of his mouse. We now assume everything is monitored and just never say anything over an electronic device we don’t expect to see on 60 Minutes next week. Plus there are the evil off-shore hackers. Everyone needs to be careful. No server is safe. One Banzai has a cellphone that is so bugged, it is called the “HOTLINE”. We can text or call on it if we want to send a direct communication to a federal agency because we can see that so many ports and routes are going in and out of it. Big Fun! In one of our lawsuits the naughty politicos wanted to slam a cone of silence on the case and seal the files. We said: “No Way”. This is public information. As you can see, in any newspaper, almost every major public and corporate network has now been broken into by hackers. Surf safely.
Q. What is the “RICO” Case you want to see filed?
A. THIS WIKIPEDIA link has a very good explanation. It puts everything on public record so nobody can say any charges are unfair or biased
Q. What has been the most frustrating thing about this?
A. The attacks on us by our own elected officials and the fact that every time we try to talk about it with one of them, they just up and quit! AT least 30 other companies are having this same experience trying to get a fair hearing.
Q. It sounds like some guys in Washington are really pissed at you. Does that make it hard to get a just hearing?
A. The bad ones that are just into it to steal money do not like us at all. The good people who are trying to serve the nation, and there still are a bunch of those left, help us quite a bit. It works out. Luckily the Founding Fathers came up with this whole “balance of power” thing. It was genius.
Q. Have your investigators hunted down, tracked down, all of the bad guys involved in this?
A. Yes. Almost every major agency and investigative committee has multiple investigations under-way. Check the news; Cover-ups, IRS Hits and insider trading scams are the talk of Washington these days.
Q. How can you prove you lost any money, or had damages, because of their bad things?
A. Easy! There was a certain set of money slotted out for our team in the U.S. Treasury. As we were about to get it, for some government contracts, the bad guys sabotaged it within the federal process, in violation of the law, on multiple occasions and then took that very same money and gave it to their friends, who were our competitors. The FBI, NSA, GAO and many other agencies have been able to track this money right down to the cents. The bad guy’s friends put some of that money in their pockets and then took some other parts of that money and built copies of our products and services. The SEC shows that they posted their financial records showing that, even though they made crappy copies of our products and got sued by many people, they say they still made billions of dollars in profit by using that U.S. Treasury money. So we have very hard, factual, documented metrics, that any investigator can review, supplied by the bad guys, that clearly show the amounts of money in question. The numbers don’t lie and you can “follow the money”, emails, texts, phone calls and restaurant videos right around to all of the conduits. There are two top Federal judges reviewing all of this right now. They are getting lots of pressure to not issue any rulings until after the mid-term elections. We believe justice will, eventually, prevail… with a little help from the sidelines…
Q. How do you know it was white House staff that engaged in character assassination efforts as payback for testifying about the crimes?
A. We now have video testimony and evidence of over 80 well-known Senators, Governors, Journalists, Celebrities, Washington Executives and Authors specifically stating that White House staff regularly ran a character assassination program against them. New participants, to the video collection, are being added daily. We have former White House aids and contractors who witnessed it. We have IT tracked attack data. We have direct correlated tie-backs and we have been informed that we have subpoena access to federal intelligence and law enforcement recordings documenting it.
Q. Isn’t this just a political attack on the Democrats?
A. Some of us helped get Obama elected, then we saw his people engage in crimes. Then federal investigators asked us to testify and they revealed more crimes and confirmed details. Some of the Banzai’s were top Democrats, but saw their own people doing crimes against the public. Discouragement set in. Now, most of the Banzai’s are “independent”. So, No. It’s not about politics, it’s about law enforcement!
Q. Aren’t you worried about more retribution things happening to you folks?
A. Whistle-blowers Eddie Snowden, Glen Greenwald, Julian Assange, etc. have developed