So, where's the $529 million gone? A shovel-ready project? No, to an overseas millionaire who doesn't have a clue about mass-producing an automobile.
Link to original White House press release: http://www.whitehouse.gov/the-press-...-boxwood-plant
Where's Joe Biden now?
As Fisker marches to the predictable bankruptcy, I suggest that they attach Al Gore's fortune.
After all he really owns Fisker through his green investment firm. I'm sure that the 3/4 of a $ billion dollars that Obozo gave Fisker, washed through his hands first, while he skimmed off a paltry few hundred million, just for his mis-administrative expenses.
Perhaps we could seize his multi-million dollar, waterfront Condo is San Francisco, that he says will be under 20 feet of water soon, so he doesn't really need it. Or perhaps his yacht, or his private jet.
Don't you just love our selfless, green entrepeneurs?
since their primary source of funding (the DOE) went away, how can they expect to deliver the new car in the yet to be built factory?.. they are stuck with the Karma built in Finland.
Its not just the electric cars that are a massive flop. I keep seeing all the failing solar panel companies, the wind mill makers and wind mill farms.....It just seems like all that happened was, a HUGE amount of federal money was given to all these "Green" companies, they passed it to their CEOs and then went out of business! I'm serious. The Cruze getting 42mpg? THAT is a success. The rest of this Eco BS is just that. BS.
Toyota--The Official Vehicle of Terrorist Everywhere
Q: How do you spell "Fisker"?
another 'bama crony and contributor on the take and wasting tax payers' money.
Hendrik Fisker was a very good designer, but he has always been a poor businessman. He couldn't even make money re-skinning BMW 6 and 7 series cars in the early 2000's. He is obviously a good snake oil salesman who can get investors, but a poor businessman in delivering on what he has sold.
The ex- Aston Martin designers who fail as car business start-up owners seems to be a trend.
Current Driveway Fleet:
2008 Colorado CrewCab Z71 2WD
2008 Suzuki SX-4 Crossover AWD Touring (wife still loves it after 5+ years and 62K miles)
2009 Honda Civic Hybrid (college duty)
2003 Porsche Boxster S (sunny days and track events)
2011 Cruze LT2 RS (college duty in Florida)
They spent the millions cleaning the factory out so we have some extra warehouse space for all of walmarts imports.
We can now replace all those dirty manual labor factory jobs with clean warehouse positions.
My modes of transportation: CTA 'L' & buses, Metra, Pace bus, rental cars (usually GM), taxicabs, bicycling, and walking.
Member of the "I will never purchase a new car" club.
Get the facts about ethanol and biofuels in the USA!
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