A123 Bankruptcy Gives Romney New Example of Green-Energy ‘Loser’
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The bankruptcy filing yesterday by electric-car battery producer A123 Systems Inc. gave Republican Mitt Romney fresh ammunition to criticize President Barack Obama’s record on the economy.
“A123’s bankruptcy is yet another failure for the president’s disastrous strategy of gambling away billions of taxpayer dollars on a strategy of government-led growth that simply does not work,” Andrea Saul, a Romney campaign spokeswoman, said in an e-mailed statement yesterday.