Car Company Gets U.S. Loan, Builds Ca...

Car Company Gets U.S. Loan, Builds Cars In Finland

There are 4 comments on the abcnews.go.com story from Oct 21, 2011, titled Car Company Gets U.S. Loan, Builds Cars In Finland. In it, abcnews.go.com reports that:

Vice President Joseph Biden heralded the Energy Department's $529 million loan to the start-up electric car company called Fisker as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the job of assembling the flashy electric Fisker Karma sports car has been outsourced to Finland.

The loan to Fisker is part of a $1 billion bet the Energy Department has made in two politically connected California-based electric carmakers producing sporty -- and pricey -- cutting-edge autos. Fisker Automotive, backed by a powerhouse venture capital firm whose partners include former Vice President Al Gore, predicts it will eventually be churning out tens of thousands of electric sports sedans at the shuttered GM factory it bought in Delaware. And Tesla Motors, whose prime backers include PayPal mogul Elon Musk and Google co-founders Larry Page and Sergey Brin, says it will do the same in a massive facility tooling up in Silicon Valley.

Join the discussion below, or Read more at abcnews.go.com.

“The Truth Will Set You Free”

Since: Jun 07

Gainesville, FL

#1 Oct 21, 2011
Obviously, the Obama administration does not care at all about American jobs. However, he is quite adept at making sure his big donors and supporters get rich off of the taxpayers money (all in the guise of 'saving the environment'). The same thing happened to the so-called 'stimulus' money. Grifters & Charlatans all.

These people are the perfect example of the rich getting richer while the masses suffer. Democrats are for the little guy? Anyone who believes that is a fool.

“Happy, warm and comfortable”

Since: Oct 10

Mountain retreat, SE Spain

#2 Oct 22, 2011

“Happy, warm and comfortable”

Since: Oct 10

Mountain retreat, SE Spain

#4 Oct 22, 2011
Another story on the same subject currently running here at Topix:
Fisker Karma Electric Car Gets Worse Mileage Than an SUV
http://www.topix.com/news/global-warming/2011...

Since: Aug 11

Location hidden

#5 Oct 22, 2011
Earthling-1 wrote:
Another story on the same subject currently running here at Topix:
Fisker Karma Electric Car Gets Worse Mileage Than an SUV
http://www.topix.com/news/global-warming/2011...
our tax dollars at work , the best obama slush fund going .

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