Does this make any sense?

The  Department of Energy has been throwing taxpayers' money down the drain  with 1 green energy company after another. But...when Carbon Motors, a  company with a factory in Connersville, Indiana here in the Cornfield  with 21,000 reservations for the police cruiser the company wants to  build, asks for a loan, nearly 3 years later in March DOE said no to a  $315 million loan.

Carbon  Motors set up operations in the Hoosier State in 2009 with the promise  of 1,500 jobs. The company still plans to fulfill that promise some day  and hopefully sooner than later.

Orders  and inquiries came in from around the world. There was and is interest  from 35 countries about it's specifically designed police cruiser. The  cruiser uses a BMW clean diesel engine which cuts fuel costs by 40%. The  cruiser has built-in night vision cameras, license plate recognition  cameras, radiation and chemical detectors.

Yet, DOE said no to a loan.

In  July 2009 when the company opened the doors, Connersville's  unemployment rate was at 16%. The promised 1,500 jobs would and could  make a big difference in the east central Indiana community.

The orders poured in. But the DOE said no.

Now  the company is waiting for private funding sources to fulfill both the  orders and the job commitment. Now it may be 2 1/2 to 3 years before the  1st cruiser rolls off the production line.

Carbon Motors CEO William Santana Li said, "They  were held hostage by the Department of Energy for 30 plus months  including my team, our investors and the entire town. It’s unfair."

Li went on to say, "We  are sitting on 35 countries requesting export. By one way or another  the American spirit will prevail and we will put people back to work."

From  the Cornfield, once again we have the federal government picking and  choosing winners and losers in the business world. To date, the  government's track record indicates a penchant for always picking dogs  and not thoroughbreds.

http://wishtv.com/dpp/news/local/west_central/carbon-motors-remains-optimistic