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published Monday, October 3rd, 2011

Tennessee truck stop got stimulus money despite bankruptcy

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    TR Auto Truck Stop Plaza is in Dandridge, Tenn., in an area that the EPA had designated as one where air quality is not always healthy. / WBIR
    Photo by The Tennessean

In July, Tennessee’s transportation commissioner applauded the opening of the state’s first truck- stop electrification terminal at TR Auto Truck Plaza in Dandridge, a project taxpayers paid for with a $424,000 federal stimulus fund grant.

Thursday, the shiny new equipment languished uselessly as U.S. Bank took possession of the bankrupt business after an auction at the Jefferson County Courthouse failed to solicit a single bid.

While not as spectacular a flop as Solyndra — the California solar panel manufacturer that filed for bankruptcy last month after receiving a $535 million guarantee from the federal government — the truck stop’s collapse further illustrates flaws in the way stimulus projects were evaluated that extended to the state level.

Read more at The Tennessean

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It continues, doesn't it? Yet some will argue and fight for more of it.

October 3, 2011 at 1:09 p.m.
GlacierClipper said...

Obama Stimulus Packages and Projects is a form of fraud.

All of the half azzed politicians and political appointees should be held responsible.

If this type of BS had taken place when a republican was president, the Democrat Jack azzes would have demanded impeachment proceeding.

Since this is Obama's way of telling the taxpayer that you money is mine and will be spend as we please.

Obama is a disgrace to this country.

Another Chicago Thug!

October 3, 2011 at 6:32 p.m.
onetinsoldier said...

Obama just provided the money, a state repugnant, screwed it off.

October 4, 2011 at 11:17 a.m.
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