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29A123 received $950k from feds on bankruptcy-filing day

And in the "one hand didn't know what the other hand was doing" department, we have this. Lithium-ion battery-pack maker A123 Systems received almost $1 million in federal funding the day it filed for bankruptcy, Reuters reports, citing a letter the company sent to Republican Senators John Thune and Chuck Grassley.

AddSenators propose loan guarantees for Midwest ethanol pipeline

It's no secret that corn-state Senator Tom Harkin (D - Iowa) is a fan of ethanol. In 2006, Harkin and Senator Richard Lugar (R - Indiana) proposed an ethanol pipeline study. The DoT and the Association of Oil Pipe Lines studied a biofuel pipeline in 2007 and Kinder Morgan Energy Partners had no major problem sending ethanol down the pipe in 2008.

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