Comments on: When An Uncle Sam Connection Trumps Greentech Innovation http://gigaom.com/2009/09/28/when-an-uncle-sam-connection-trumps-greentech-innovation/ Mon, 20 May 2013 22:18:07 +0000 hourly 1 http://wordpress.com/ By: Dan http://gigaom.com/2009/09/28/when-an-uncle-sam-connection-trumps-greentech-innovation/#comment-27066 Wed, 30 Sep 2009 16:25:41 +0000 http://earth2tech.com/?p=42061#comment-27066 The Gov does pick winners and loosers. which is fine for advanced tech (nuke fusion, UAV, defense, Internet) in other words the beginning of things.

The Government deciding directions by spending billions of ‘printed’ dollars for Cars and power companies is central control and not free enterprise.

Lobbists and large companies along with bureaucrats and CZARS should not be deciding what direction innovation is going to take in the US.

I’m not against giving $$ to smart folks so they can invent cool things, but giving $$ to car companies when the Gov OWNS car companies is conflicting.

also adding beauracracy costs and red tape to a process does not enable innovation.

]]> By: Buzz http://gigaom.com/2009/09/28/when-an-uncle-sam-connection-trumps-greentech-innovation/#comment-27065 Tue, 29 Sep 2009 02:25:16 +0000 http://earth2tech.com/?p=42061#comment-27065 Your story makes it seem like something’s different about ‘Green Tech’.
The US Govt picks winners and losers all the time. Darpa, DOE, NIH; bombs, batteries and baby formula. Risky tech is rarely funded exclusively by VCs or private enterprise.
In the case of Aptera, there was quite a large bipartisan support to change the archaic rules defining the word ‘car’ so they could access a line of credit to develop new and needed technology and pay US workers to manufacture it; not a bailout or grant.

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