Daily Archives: April 25, 2012
New meaning to Obama’s hot mic moment with the Russians
Keep it in mind as you read on.
“Batteries made in America for America and backed by America. That’s how politicians hailed Ener1.” Specifically that’s how Biden hailed the firm.
And now it’s made news that a Russian, Boris Zingarevich with close ties to Putin and Medvedev, has purchased Ener1, a US battery firm.
The company tapped the country’s top scientists at Argonne National Lab in Illinois, and U.S. taxpayers pledged up to $118 million in federal stimulus funds and $80 million in state and local incentives to help Ener1 produce cutting-edge battery technology for electric cars and the U.S. military.
Boris Zingarevich made his name and his fortune in the 90’s by owning a Russian paper company, and then mysteriously, all his rivals were murdered or suffered from arson attacks. This is the businessman who has come to America.
The Chicago Tribune has a must read article on this. There are so many twists and turns in this story that injure America, it would take me all day to write a blog. And indeed, there is potential for several blogs in it.
Suffice it to say that the ramifications of this business deal are frightening and it gives new meaning to Obama’s hot mic moment with Medvedev.