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Re: Rawnoc post# 2993

Tuesday, 06/23/2009 2:40:28 PM

Tuesday, June 23, 2009 2:40:28 PM

Post# of 18603
Ford and Nissan were awarded a combine $7.5 million in federal loans today. But what is more important is what U.S. Energy Secretary Steven Chu remarked almost as a side line in his speech today.

He said he hopes to make awards to parts suppliers and battery makers within the coming months.

Congress approved the creation of a $25 billion fund in 2008 to help car companies and suppliers develop green vehicles and components.



"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa