The PJ Tatler

Oops: Biden Dubs Latest Greendoggle 'Enron One'

Maybe Joe Biden is a misunderstood Nostradamus, not just a…name that sounds a lot like the last two syllables of Nostradamus. A year ago to the day, he seems to have predicted the demise of an electric car battery maker. The video below is the proof. It’s from VP Biden’s visit to Ener1 in January 2011. Since that visit, Ener1 has joined a long list of “green” companies that received loans, grants or subsidies from the Obama administration and subsequently went belly up.

At least he didn’t say it with a fake Indian accent.

Enron went bankrupt in 2001. Ener1 received a $118 million grant from the Obama administration in 2010. It announced Chapter 11 yesterday. But “Enron One” will live forever, thanks to Prophet Joe.