Lost in all the sickening political posturing in Washington over the lives and livelihoods of millions of human beings is the fact that innovation is indeed occurring in my hometown of Detroit.
It's just not happening at the Big Three.
But it is at companies like A123, which Seeking Alpha recently reported may not have lost out after all to rival battery-maker LG Chem for the coveted contract for GM's new electric hybrid Volt. (I covered the unveiling of the prototype Volt two years ago.)
As I have written before, both companies have ties to Michigan and both are using nanotech to develop safe, long-lasting lithium-ion batteries for electric vehicles.
Japanese companies like Toyota develop technologies like li-ion batteries largely in-house. While in the United States much of the real innovation occurs within smaller companies or groups until it's ready to be bought or gobbled by the big guys.
Motown's old automotive manufacturing and supplier jobs are gone. They won't come back. But automotive innovation, where nanotech plays a key role, is still happening in my poor, maligned, slandered and libeled, blighted, poverty-stricken, homeless, foreclosed and repo'd hometown of Detroit.