Fuel. Thats what we should be that is what we should be discussing. Not how we increase carbon emissions. We should be discussing what kind of legislation will move us aggressively toward energy efficiency, weatherization and such Sustainable Energies as wind solar and geothermal. We should be having a debate about legislation which makes our trancesportation system more efficient and get cars and trucks off the road. We should be having the debate about how we are going to get automobiles that run on electricity and make them less expensive and how to get cars running on 80100 miles per hour. We should not be talking about transporting the dirtiest oil on the planet. Mr. President , in my view the United States congress in a very profound way should not be in the business of rejecting science. When we reject science, we become the laughing stocks of the world. How do we get forward and prepare legislation if is not based on Scientific Evidence and to say the overwhelming majority of s
Rising tide is actually lifting all boats, not just us. Americans are tough. [applause] plus i wanted to see the new mustangs. Lets take a a minute and think about what you had to fight through. A punch in the gut. The year before. 400,000. Sales plunged 40 percent. We faced what once seemed unimaginable. On the brink of failure. This is the heartbeat of American Manufacturing and we had a choice to make. We could have killian given billions of taxpayer dollars without asking for accountability and return but that just would have kicked it down the road. We could have done nothing but think about the meaning for the country, the suppliers, communities all of them would have gone under. No one was in a stronger position you could have had a scare skating effect. Plans would have shattered we would have lost this iconic industry. The men and women who built these companies with their hands would have been left hanging out to dry. The communities you depended upon. And lets face it, the b
To a Novel Technology called liquid metal batteries. And the announcement a few days ago was the commercialization of these batteries as utilityscale storage devices. And so thats an example of a Brand New Technology that came out in this kind of open solicitation. In 2012 similarly an example was sensing and computing hardware that could be in a backpacksized device that you could walk in and rapidly generate indoor physical and thermal, etc. , maps of a built structure. So, again, a really interesting idea that probably would not have been brought out in the more targeted solicitations that we do. So we think this is exciting in terms of generating new Technology Ideas Going Forward. But let me also say that this will be a big year for our loan program. I hope some of you have noticed the change in tone of whats been written on the program. For a while it was solyndra, solyndra, solyndra. Well, it turns out theres 30 billion in play in the loan program. The overall default rate has b