Monday, April 07, 2014

TKC TIPSTERS TOLD YOU SO!!! KANSAS CITY PREZ OBAMA 'GREEN' SUCCESS STORY SMITH ELECTRIC STAYS LOSING!!!



Here's an important bit of follow-up on the so-called Kansas City "green" economy.

To wit . . .

PREZ OBAMA TOUTED LOCAL COMPANY SMITH ELECTRIC THAT HAS NOW SUSPENDED PRODUCTION IN KANSAS CITY!!!

Check the bad news . . .

Smith Electric Suspends Electric Truck Production in Kansas City

Smith Electric announced it has stopped delivery of its Generation 2 trucks and vans because of the 'company’s tight cash flow situation.'

Deets:

"Smith Electric Vehicles, a centerpiece of the Kansas City area’s once high hopes for a wave of green industries, quietly suspended production at the end of 2013 because of a shortage of cash.

The move was disclosed in a report for the last quarter of 2013 filed with the U.S. Department of Energy, which in 2010 awarded the company a $32 million grant. Smith Electric said it stopped delivery of its Generation 2 trucks and vans because of the “company’s tight cash flow situation.”"

Remember that Insiders told this blog to expect as much earlier last year.

And this economic reality should provide some context for all of the hype and propaganda that politicos currently use to tout so many other "green" projects in Kansas City.

Developing . . .

13 Comments:

chuck said...

When oil is expensive and way over 100 bucks a barrel, this stuff makes sense. But fracking and new technology negates the need for electric cars and is a serendipitous boon to the economy. The fuckin idiot Democrats should ok the Keystone Pipeline and other measures that would make us Enery independent, but the politics with any of these measures are too much for reasonable folks to overcome.

I saw the "Enemies Of The State" show on Fox this weekend and no doubt, FOX has an agenda, That said, holy shit does our government, which grows at the Federal level like a fucking cancer run wild, screw over average dumbass Amercans just trying to make a living.

In it's worst case, it is the operative arm of a facist, politically motivated, Orwellian new demographik, determined to stamp out idealogical differences in the same way as Chinese Cultural Revolutions (sans, at this point, the out and out murder of it's citizens.).

A terrible story of intimidation, duress and fear directed illegally and falunted in the face of the 4th estate, who would not and will not report it and over the bodies of the victims.

Disgusting.

Anonymous said...

I see the Star is on top of things as usual. This happened 4 months ago???

Anonymous said...

It's not easy being green.

Anonymous said...


You mean OOBAAAMAA lied?
Again.

Off the grid I am!

Anonymous said...

Good Job Chuck! Think they can figure that out by lunch?

Anonymous said...

Ha ha, your kickass tipsters couldn't predict rain if they were outside getting wet.

Meanwhile, actual facts come from The Star.

P Bear said...

OBAMA....another Negro grifter. Left hook !

Anonymous said...

Dr. Analogy says:

Smith Electric is to Department of Energy grants (grants don't have to be repaid)

as

KCMO streetcar is to taxpayer enslavement (once you become a slave there's no freedom)

Anonymous said...

Hey Chuck,

How much do you think compressed natural gas (CNG) is currently selling for in the area?

Overland Park $ 1.79/gallon equivalent
Lee's Summit $ 1.99/gallon equivalent

I bought unleaded gasoline this morning for $ 3.35....makes you want to look into a CNG vehicle.

Anonymous said...

Always love it when they say its cash flow problems. Cash flow problems arise when you don't make a profit. If this boondoggle was making a profit someone would either loan them money or invest in them and they could stay in business.

Anonymous said...

Is that a picture of Cleaver's "office"?

Anonymous said...

ANOTHER company that is blessed by that fucking Obama nigger touch!

Anonymous said...

Smith's failure had everything to do with the CEO's ill conceived ideas, poor management choices, and swollen ego. Don't blame it on anything else.