Finnishing Off the Tax Payer’s Dollars, One High Priced Sports Car at a Time
It must be great to be Al Gore. After he took the initiative in creating the internet, he moved on to global warming. Not content to let us get by with our dastardly use of carbon, he found a way for us to offset our usage by purchasing carbon credits. Now, Al has a vested interest in clean air vehicles, sports cars, to be exact. Needing to secure some capital for this car company, he turned to none other than the American taxpayer. Surely, the catch must be that this will create or save jobs right here in America, right? Wrong. Unless by America, you mean Finland, anyway.
WASHINGTON — A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.
The award this week to California startup Fisker Automotive Inc. follows a $465 million government loan to Tesla Motors Inc., purveyors of a $109,000 British-built electric Roadster. Tesla is a California startup focusing on all-electric vehicles, with a number of celebrity endorsements that is backed by investors that have contributed to Democratic campaigns.
I am sure the part in bold (emphasis mine) is just a silly coincidence.
The awards to Fisker and Tesla have prompted concern from companies that have had their bids for loans rejected, and criticism from groups that question why vehicles aimed at the wealthiest customers are getting loans subsidized by taxpayers.
So, the least wealthy among us are the ones paying for the wealthiest to drive around in sports cars? How is that “party of the little people” working out for you?
Quick note to Al Gore, choosing Finland to construct your car may not be the best choice, considering the fact that the earth has been cooling for the last 11 years, and is forecasted to continue doing so for the next 2 decades (at least), so much of Finland will probably wind up under thick layers of snow and ice. The cash you are stealing from American taxpayers may wind up being cold cash, indeed.
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some VERY inconvenient truths in there for his Excellency alGore.
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This is Fascism. The firms pay their dues to the government, and the government makes sure they win in the marketplace.
That. is. Fascism.
And which party is in charge now? Which one again?
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Fascism== The ugly stepsister of the two sided statist coin.
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Gore has made tens if not hundreds of millions off global warming scams.
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IP, we need a pic of “the lockbox”
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OT. Ex Marine starts coffee company. Snipers Brew is a brand.
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This is ridiculous, something is wrong with the cable around here, because since last night my internet has been getting slower and slower, and now I can’t even post. I’m at sub-modem speed, like 14.4 baud or something. I haven’t had a modem that slow since like 1992.
Sheesh.
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Sharp2edgedsword permalink
IP, we need a pic of “the lockbox”
the lockbox
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RWY, just to be on the safe side I made a contribution to the DNC last month and my Internet connection is fine. Go figure?
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Sure you have not been infected??
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Heh, You wasted yer doubloons, laddie. Whatever the problem was, it’s better now, just in the last 15 minutes.
Still not as fast as is should be, so I’ll wait a day before calling them and asking wtf…
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It must be true, even The Atlantic is covering the ACORN story.
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Dog, every so often, a line goes down around here and things get slow…. I had an aim virus, which I had no idea how I got. Anyway, I got a scanning tool and it is no longer finding it. So maybe it’s gone…
Death the proliferators of web pollution.
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Of course, I was just joking… Just in case anyone was thinking.
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Does this sound familiar?
The Perestroika Deception American Thinker
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of a theme with “Never let a good crisis go to waste”, eh, Jan?
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Soros has done his job well.
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Yosi Sergeant resigns post at NEA.
Over the last three weeks it has come abundantly clear that the way to destroy the Left is to –
* show the funding sources and the disasters they create. (aka ACORN)
* attempt to show how current political figures gain by such connections.
How? We ought to encourage a law that states anyone who a) files 501(c)(3) status or who b) receives government grants must disclose fully their books for that year and the 3 years previous. Such information shall be available on the Internet.
Let the People do the muck raking.
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And they deny being Communists. They do everything the USSR did, yet still deny it.
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#16 That is the exact phrase I was thinking about when I read the article.
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Last night I was listening to an interview with Jon Meyer, who in 2004 accurately predicted the economic times we are currently going through.
His thoughtful look into the financial future was not very consoling, though, as he believed the market was just about through “surging,” and the second tsunami of market sell-off would follow, with the DOW signaling such a cycle by dropping precipitously a 1000 pts.
Meyer recalled in the Great Depression that during the first seven months after the crash the market also rose, recovering up to 50% of it’s losses before it crashed again, going still lower. He said our market was in it’s sixth month, recovering about 60% of it’s lost assets.
Does history repeat itself, I was wondering?
In the meantime I found this article musing about whether we are experiencing merely a “bubble” or something that is more sustainable. The text wonders around a bit, giving different scenarios, without really nailing anything down. But, it’s still worth a perusal.
A risky revival Financial Times
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Technical correction on post #21 — the man being interviewed name was Joe Meyer!
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Cue the Unicorns. Baucus claims putting the HC online would be too difficult. Hmmm. That’s odd if true, because the HC bills have components to put OUR HC records online which is an even more difficult kettle of fish than just a DC Bill.
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Hey bc3b- Had a nice discussion after a book signing today with a group of people at Barnes and Noble on the West side of Michigan.
We talked about our old license plates, “The Great Lake State” or “Winter, Water Wonderland” and decided the new license plate should read (DRUM ROLL) “The Unemployment State”!
And if we sending our money to Finland to make cars I guess it would be true.
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What about the govtrack website where all bills and their status is listed?? They managed to get HR 3200 posted there so what makes this bill so special that it can’t be typed in like every other bill??
These people really think we are stupid.
http://www.govtrack.us/congress/bill.xpd?bill=h111-3200
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MI, worse than that. We are borrowing money from China, to have cars made in Finland (a high cost country) to sell to Americans. We could have avoided the borrowing, made the car designed and made in China for probably half what it will cost.
We are but a market to be tapped. Thanks Multinationals!
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drdog, putting the HC Bill would apparently require some staffer to drive down to Kinkos and fork over a nickle a page! Gasoline, staffer time and Kinkos charge means this would cost us taxpayers an additional $56.00 (give or take).
WE CAN’T AFFORD IT!!
Thank you, Senator Baucus!!
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JR, I guess that is the price of transparency. Or should I say the lack of it.
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Um….my spelling error was intentional, for whoever changed it.
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drdog…the $56 saved by Senator Baucus represents $.00000019 for every man woman and child in the great nation!! I can only assume Senator Baucus will send us each a check for that ammount!
Fiscal responsibility is alive!
(damn, I should be working for the White House Press Corps)
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drdog, reflecting seriously (for a change) on the Senator Baucus bullshit about it being “too difficult” to post the Bil online. 50 MILLION Americans own a combo printer/scanner that can take a document of any size in and transfer it to the attached computer. The software to convert that scan into a PDF costs about $10 (though free versions are available).
So at least 50 million Americans have to be scratching their heads over Bausus’ statement and saying: “You’re f**king kidding me…right?”
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Justrand – one really big problem. Those 50 million Americans are competent and the Democrats are not.
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JR, Baucus’s remark is right up there with Bush 41 seeing a self service grocery scanner being used for the first time. Those on the Hill lead a cloistered life. They, Dim and Rep alike need to be brought down, voted out and scratch like the rest of us for a living.