They build plug in hybrid cars.
They got $529 million Federal Dollars.
Al Gore is a partner in the veture capital firm that backed it.
Two years after the loan was announced outsourcing went to FINLAND.
Nice Huh?
"HERE"
and
"HERE"
.... and here are some money quotes......
"There was no contract manufacturer in the U.S. that could actually produce our vehicle," the car company's founder and namesake told ABC News. "They don't exist here."
"In a lengthy interview, Fisker said he apprised the Department of Energy of his decision to assemble the high-priced Karma in Finland after he could not find an American facility that could handle the work. They signed off, he said, so long as he did not spend the federal loan money in Finland -- something he says the company has taken care to avoid."
...........as Bubba ( whatbubbaknows) says "What would Henry Bowman do?"
We are being fucked very slowly:
image from "HERE" with an interesting video of the boiling frog concept.
H/T to The Furious Frenchman
Double face palm, for when one is not enough. If I go off on a rant, I'll surpass my word limit, and cause several nuns to conflagrate.
ReplyDeleteIts SO aggravting that they are getting away with all this, its OUR TAX MONEY!
ReplyDeleteWhoever approved the loan to Fisker should be Carlton Fisk'ed to the side of the head with a Louisville Slugger.
ReplyDelete