Does anyone find it ironic that all these snipers wail about a business decision which they so eloquently wax poetically about when they praise free enterprise yet fall upon jingoistic, fear mongering when it doesn't fall their way. A123, 38 Studios, LIBOR, what next oh great, powerfull private enterprise. To paraphrase Billy Joel "We didn't start the fire"

This would be a much more rational discourse if there were an industrial policy to which Congress could agree, but it avoids it like the plague -- would rather free-form on commerce so that the lobbyists have their way on every detail. The GOP is always lionizing corporations, but no competent corporation would run things this way. They'd have their list of priority industries, security processes, and expected returns backed up by measurable standards. These GOP guys are a joke -- they keep silent if THEIR position wins and bleat and moan like hurt puppies if another position wins. But not matter what, they've got their lobbyists in the mix influencing policy-of-the-day.

I thought Republicans wanted to creat good jobs in Ameriva? I guess they define good jobs as those that support their agenda

Stearns from FL has his head screwed on backwards. If the Chinese want to invest in clean energy and find new companies, smart technologies, born-at-MIT innovators, go for it! The US should promote this kind of business model. The only danger is to fossil fuel dinosaur-outfits that want to be free to squeeze every last penny of profit from their current gravy train. Politicians who use these fear the Red Chinese scare tactics, spurned on buy their corporate paymasters should be ashamed of themselves; but then they have no shame.

Your posting obviously was to attack Republicans. You need to forget about politics. The reality is that the tax dollars we had spent on green jobs have created very few jobs in the US. Majority of green jobs (especially manufacture) went to China. These jobs also will go to China. What's even worse is that they also get the technical know how as they become principle owner of this company.

China already subsidizes these green-tech companies, if it already doesn't have a majority stake in them, so sure while we give a slight boost to the companies at first if we don't continue then they may close. Some businesses are not profitable and it takes the government to do the R&D or float the companies so they can perform, just like the time of the Space Race which gave us a lot of tech. Unfortunately the time of the Bell Labs is pretty much over, unless investors get their short returns many are not willing to go for the long haul as many of these companies need and the government can do.

Let's see.... a Republican senator says this is a matter of "national security," and all good Repubs will tell you national defense is one of the (few) jobs the federal government rightly has. Ergo, Obama's providing support to A123 in the first place was the right thing to do since it matters to our "security." The Repubs make your head spin with their hypocrisy. Why aren't we fighting for the US to step in and save this company? This is one of the preeminent battery technology companies in the world. They have created more than a thousand jobs. Sounds like a good place to step in and use my tax payer money, if you ask me.