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Channel: Discussion on Fisker Automotive: an unfolding scandal?
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Obama DOE

What a bunch of bungling boobs!

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Scandal? What scandal?

A $100,000 luxo-sport car for 1%-ers like launch customers Al Gore, Leonardo DiCaprio and Justin Bieber, subsidized by US taxpayers to supposedly create "green jobs" not in America, but in Europe. Oh,...

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Deployment before development?

What Solyndra and Fisker have in common is deployment before technology development. Ready, fire, aim. There is also the disturbing appearance that federal spending was motivated by non-technology...

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Fine Example of Socialist Regime

Comrades! We have seen the future in the past. History is repeating itself under Obama's effort to do communism better than before.

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The failures are being exaggerated

When Congress created the DOE loan guarantee program, they set aside $10 billion to cover the expected losses. It appears that the actual losses will be less than $3 billion. Focusing on the failures...

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Are we exaggerating when we point out...

...that these cars, which were supposed to be built in the US creating high-tech US manufacturing jobs are, in fact, being built in Finland?Exactly how does borrowing money from the Chinese to pay...

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Props to SmartPlanet

Props to SmartPlanet for publishing a story like this. It wasn't long ago that this would have never been mentioned here.

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The failures are NEVER exaggerated, and the stimulus is not there

at all, when after the initial influx of cash is wasted and eventually a company has to shut down operations. At best, government funding, or stimulus, is very short-term, and there won't be any...

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