Obama’s Investment In Ener1 Pays Off For Russia


Ener1 had joined Solyndra, Beacon Power, Evergreen Solar, SpectraWatt and AES — all recipients of taxpayer dollars — in bankruptcy.

Now that technology is owned by a Russian tycoon.

“In a company whose ownership is connected to Medvedev, you have a golden opportunity for a military technology transfer and, perhaps, civil transfer from the U.S. to Russia at no cost,” said Stephen Blank, an expert on Russia and a research professor of national security affairs for the Strategic Studies Institute at the U.S. Army War College.

http://news.investors.com/article/609418/201204261900/russia-gains-stimulus-funded-ener1-technology.htm?

And my prior conjecture was right about this:

Intruders from China hacked into computers and stole the blueprints for America’s new joint strike fighter planes, the F-35 and F-22, according to the chairman of the House Homeland Security Subcommittee on Oversight, Investigations and Management.

To use Obama’s own complexification jargon:

In a recent open-microphone moment, President Obama told outgoing President Dmitry Medvedev that Obama’s reelection would give him more “flexibility” to give the Russians what they want.

There’s one way to stop that — for voters to just say “nyet” in November.




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