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Now the parent company ener 1 filed for chapter 11 bankruptcy protection. republican lawmakers call it the latest example of the taxpayers losing on the administration's green energy experiment. >> this is a jobs program, you know, according to the president, that is costing taxpayers millions of dollars and is wasted money. in a time when we have $16 trillion in debt, over 8% unemployment. we've got to have programs that make sense. >> a year ago, the vice president was highlighting ener dell as the obama administration goal to put 1 million advanced technology vehicles on road by 2015. mr. b...

Federally-back fund from the energy department through the white house. now this time it is called ener-1. parent company of a electric car balterry maker. electric car battery sales are not so hot. they received a $118 million grant in 2009. last year vice president biden praised company touring the facility. >> everyone is catching on, folks. the industry is transforming itself. we believe americans are ready to embrace that transition. and you folks, you folks standing her on the floor, ener-1 are on the ground floor of the transformation. martha: enron-1. sorry about that. oops. bill, help...

Called it "enron 1." do you think -- >> bob: send biden a president. you beat up on him so much he's the pinata. >> eric: he's a gift that keeps on giving. i think he's funny. >> kimberly: puts you in a good mood. >> eric: all right, not letting the free market decide -- >> bob: there is an energy. >> eric: which energy projects work and don't. let them risk their money. >> kimberly: i agree. too much coddling and done with billions of dollars to the green energy project. alternative energy. i'm for exploration. but responsible financial decisions need to be made. reckless spending with the am...

Evidence. >> received $118.5 million department grant. now the parent company ener 1 filed for chapter 11 bankruptcy protection. republican lawmakers call it the latest example of the taxpayers losing on the administration's green energy experiment. >> this is a jobs program, you know, according to the president, that is costing taxpayers millions of dollars and is wasted money. in a time when we have $16 trillion in debt, over 8% unemployment. we've got to have programs that make sense. >> a year ago, the vice president was highlighting ener dell as the obama administration goal to put 1 mill...

>> eric: biden actually called it "enron 1." do you think -- >> bob: send biden a president. you beat up on him so much he's the pinata. >> eric: he's a gift that keeps on giving. i think he's funny. >> kimberly: puts you in a good mood. >> eric: all right, not letting the free market decide -- >> bob: there is an energy. >> eric: which energy projects work and don't. let them risk their money. >> kimberly: i agree. too much coddling and done with billions of dollars to the green energy project. alternative energy. i'm for exploration. but responsible financial decisions need to be made. reckl...