Business

Obama Admin Gave Half-Billion-Dollar Loan to Gore-Connected Electric Car Company to Build Cars in… Finland?

Obama Administration Gave Half Billion Dollar Loan to Al Gore Connected Electric Car Company Fisker to Build in Finland

An electric car company that received more than a half-billion-dollar Obama administration-approved loan is reportedly now assembling its first line of cars in rural Finland, rather than in the United States. What’s more, the car company, Fisker Automotive, is funded by a venture capital firm whose partners include former Vice President Al Gore.

To make matters worse, Fisker is more than a year behind in rolling out its $97,000 luxury “Karma” car, funded in part with Department of Energy funds. A mere 40 Karmas have thus far been produced, with only two delivered to customers — one of whom is famed actor Leonardo DiCaprio.

ABC reports:

With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.

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.

“There was no contract manufacturer in the U.S. that could actually produce our vehicle,” the company’s founder and namesake told ABC News. “They don’t exist here.”

Henrik Fisker said the U.S. loan has been spent on engineering and design work that stayed in the U.S., not on the 500 manufacturing jobs that were exported to a rural Finnish firm, Valmet Automotive.

“We’re not in the business of failing; we’re in the business of winning. So we make the right decision for the business,” Fisker said. “That’s why we went to Finland.”

But shipping 500 jobs abroad is only part of the odd equation. According to ABC:

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.

Meanwhile, Tesla’s SEC filings reveal the start-up has lost money every quarter, and while its federal funding is intended to help the company mass-produce a $57,400 Model S sedan, ABC reports that the carmaker has never tackled a project so vast — raising doubts about the company’s ability to produce.

An investigation by ABC News and the Center for Public Integrity’s iWatch News slated to air on “Good Morning America,” purportedly found that the DOE’s bet carries risks for taxpayers, has raised concern among industry observers and government auditors, and raised additional questions about the way in which billions of dollars in loans for smart cars and green energy companies are appropriated.

Ironically, the Fisker’s $100,000 price-tag eliminates the “other 99%” of the potential customer base. That may be just as well, since it offers worse fuel efficiency than many gas-guzzling SUV’s.

Forbes reports:

The Fisker Karma electric car, developed mainly with your tax money so that a bunch of rich VC’s wouldn’t have to risk any real money, has rolled out with an nominal EPA MPGe of 52.

Not bad? Unfortunately, it’s a sham. This figure is calculated using the grossly flawed EPA process that substantially underestimates the amount of fossil fuels required to power the electric car…

As I calculated in my earlier Forbes article, one needs to multiply the EPA MPGe by .365 to get a number that truly compares fossil fuel use of an electric car with a traditional gasoline engine car on an apples to apples basis. In the case of the Fisker Karma, we get a true MPGe of 19. This makes it worse than even the city rating of a Ford Explorer SUV.

The entire ABC report can be read here.

Obama Administration Gave Half Billion Dollar Loan to Al Gore Connected Electric Car Company Fisker to Build in Finland (h/t: WeaselZippers)

Comments (341)

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  • kindling
    Posted on October 20, 2011 at 11:33pm

    We need to impeach this B@ST@RD before he spends anymore of our money. I get the feeling this is the tip of the iceburg and we are going to sink fast. All those people protesting this exact thing and they love Obama. IMPEACH them all! They have to go! WHO ELSE HAS HE GIVEN MONEY TO? This is crazy!

    Report Post » kindling  
    • Anamah
      Posted on January 24, 2012 at 4:16pm

      I agree with all of you kindling. We are the witness of our own defalcation. Birds of a feather flock together, but We the People are going to pay the bill.

      Report Post »  
  • KickinBack
    Posted on October 20, 2011 at 11:33pm

    Where are you auto unions?? American pride?? Stick up against Obama and redeem yourselves.

    Report Post » KickinBack  
    • Salamander
      Posted on October 20, 2011 at 11:36pm

      They are all over at Government Motors, trying to figure out how to divvy up the 2011 bonuses so that union management gets a big bonus and the rank and file gets a little one!

      Report Post »  
    • CatB
      Posted on October 20, 2011 at 11:43pm

      Obama would not need another “jobs bill” if he had not WASTED so much money giving it away to his donors!

      TEA!

      Report Post »  
    • thepatriotdave
      Posted on October 20, 2011 at 11:50pm

      I’M SHOCKED…not!

      Report Post » thepatriotdave  
    • Shasta
      Posted on October 21, 2011 at 12:02am

      Remember, their new mantra is “workers of the world unite”. So the unions should be happy???

      Report Post » Shasta  
    • godlovinmom
      Posted on October 21, 2011 at 12:14am

      Is this surprising…that stimulus money went somewhere…I can’t even imagine where else it went..how much was it all together…1.5 Trillion with both packages???…I’m sure quite a few people “scored” big!

      Report Post » godlovinmom  
    • WeDontNeedNoSteeeenkinBadges
      Posted on October 21, 2011 at 12:18am

      After marxist-Kenyan Obama gets arrested, tried, and hung (oh, please, from the White House roof, please?), then go back and RECOVER all those STOLEN TRILLIONS OF DOLLARS of American loans and pay them back to all lenders.

      Report Post » WeDontNeedNoSteeeenkinBadges  
    • SamIamTwo
      Posted on October 21, 2011 at 12:33am

      No one should be shocked. The company has been releasing news on their venture since July of this year…ABC waited till now, why?

      Autoblog carried the news out in july so did greentechmedia…

      Report Post » SamIamTwo  
    • banjarmon
      Posted on October 21, 2011 at 12:44am

      This is up there with BO’S BIG Canadian made BLACK BUS!!

      Report Post » banjarmon  
    • mad_hatter
      Posted on October 21, 2011 at 12:47am

      It is because of projects like this and Solyndra that will make him a one term President.

      Now Obama and the media is trying to label Obama as the underdog. Here is a clip from his interview when he was confronted with the polls that 54% of American doesn’t think he deserves another term: http://www.americanparchment.com/video/2011/oct/cars_stimulus_finland.html

      Report Post »  
    • duskerhu
      Posted on October 21, 2011 at 1:26am

      “” Where are you auto unions?? American pride?? Stick up against Obama and redeem yourselves. “”

      Mmmm, don’t tempt them…

      Report Post »  
    • asybot
      Posted on October 21, 2011 at 1:32am

      @banjorman The bus was not biult in Canada it was refurbished there.

      Report Post »  
    • The-Monk
      Posted on October 21, 2011 at 1:38am

      @banjarmon
      Buses… Obama has two of them. Both made in Canada. Not 1 bus.. but 2.. both made in Canada.Got it?

      Report Post » The-Monk  
    • The-Monk
      Posted on October 21, 2011 at 1:47am

      @Salamander
      Oh Jezs, it’s Salamander again.. Your new nick-name is Ed Shultz or Cornell West.

      Report Post » The-Monk  
    • RepubliCorp
      Posted on October 21, 2011 at 2:06am

      But if we would just give Obama another 500 billion he would fix everything ……..

      Report Post » RepubliCorp  
    • jb.kibs
      Posted on October 21, 2011 at 2:37am

      this is absurd… COME ON!

      Report Post »  
    • gb123
      Posted on October 21, 2011 at 3:27am

      @republicorp
      “But if we would just give Obama another 500 billion he would fix everything ”

      But if we would just give Obama another 500 billion everything would be a fix

      Report Post »  
    • pamela kay
      Posted on October 21, 2011 at 3:31am

      Isn’t that the truth. Why are the Unions supporting this? Ask Trumka, he is quite the world traveler. Cooking up deals? There is a whole lot more to this story, you can count on that.

      Report Post » pamela kay  
    • Steve
      Posted on October 21, 2011 at 4:23am

      The US Problem Explained

      * U.S. Tax Revenue: $2,170,000,000,000
      * Fed Budget: $3,820,000,000,000
      * New Debt: $1,650,000,000,000
      * National Debt: $14,271,000,000,000
      * Recent Budget Cuts: $38,500,000,000

      Now, Let‘s remove 8 zeros and pretend it’s a household

      Anual Family Income: $21,700
      Money The Family Spent: $38,200
      New Debt On The Credit Card: $16,500
      Outstanding balance on the credit card: $142,710
      Total budget cuts: $385

      Report Post »  
    • PATTY HENRY
      Posted on October 21, 2011 at 4:58am

      UH, SO…$ 2 BILLION to GEORGE SOROS so he can give it to his largest investment Brazilian Oil for drilling (in places that WE SHOULD BE DRILLING IN) with out any CONSENT from CONGRESS; and this half a BILLION for Al GORE’S cars…and 100 Million to the crook who left Fannie Mae in disgrace but still left with 100 M and the patent for the little plug those SOBS are going to install in our outlets in our homes to keep us from using too much electricity. THIS IS not about redistribution of wealth..it‘s about stealing all the money that’s left out there for them to divy up… COME ONE 2012…while there is still something left to salvage. THIS IS WHY I want to SEE CAIN’S PLAN installed, they will not be able to hide their theft anymore. THIS is NOT CAPITALISM…this is CRONY CAPITALISM… what those kids in OWS are ticked about is NOT CAPITALISM…it’s pure CRIMINAL (MAYDOFF) STUFF. WE need some you know whats in DC to stop it. I want an EXECUTIVE to be in the WH – one that still believes in AMERICA and is not trying to scoff up every last farthing. THIS JUST MAKES ME SICK …and I feel sorry for GORE’S Kids… they must have ZERO respect for this clown. 460 days … COME ONE 2012 !!!

      Report Post » PATTY HENRY  
    • mikem1969
      Posted on October 21, 2011 at 6:38am

      What do you know, they funded foreign labor with the stimulus, and now they give a finish company a loan to build cars instead of building them here creating AMERICAN JOBS. Way to go killing more AMERICAN JOBS OBAHITLERSTALINMAO.

      Report Post »  
    • Cat
      Posted on October 21, 2011 at 7:24am

      These are loans funded by taxpayers’ dollars … Where’s our dividend?

      Report Post » Cat  
    • dogpatch65
      Posted on October 21, 2011 at 7:56am

      Best part: Sarah Palin tweeted this story last night. A little later, it came out who is invested in this company. Can you say “crony capitalism”? (AGAIN):
      http://markamerica.com/2011/10/20/sarah-palin-tweets-outrage/

      Report Post »  
    • decendentof56
      Posted on October 21, 2011 at 8:09am

      Vote Obama/Biden in 2012!

      Report Post »  
    • smithclar3nc3
      Posted on October 21, 2011 at 8:18am

      CATB,
      You hit the nail on the head Obama wasted 1.5 trillion dollars in total on his failed stimuluses.
      Money he used to pick winners and losers and prop up unions. Looking at where the money went it looks like he tried to prop up democrat businesses and unions so basicly he was bribing his voting base.

      Report Post »  
    • HKS
      Posted on October 21, 2011 at 8:34am

      Nice car that I could never afford at this price but it will be made in Delaware when that plant is ready. The next model will cost half as much and they are very nice cars. Made with some great American engineering that’s done in Anaheim California with a very large staff, hundreds of jobs there. It would appear that they are not having a good experience in Finland and I would think they would want out of there asap. I heard that Valmet (a contract car assembly plant) is either on strike or about to be right now so they have labor issues as well. They assemble several different car lines there in short runs. The Delaware plant should be ready soon and I’m sure they will be relieved as the travel to Finland alone is quite a burden to carry. Of all the projects that this administration has supported this one could make it even if it were not a hybrid type car, which personally I would prefer at this level.

      Report Post » HKS  
    • UPSETVET
      Posted on October 21, 2011 at 8:41am

      The firm couldn‘t find suitable facilities to build it’s cars in the USA but found them in remote Finland?
      The Obama administration is smelling more like a dead skunk each day. There’s no telling what has been given away without the taxpayers knowledge.

      Of course we‘re supposed to believe that Congress and the Senate doesn’t know either where our money is ending up. I’ll bet SOME is in their pockets. Our whole government process is corrupt to the core, that‘s why they don’t do anyhting about Obama’s failed policies.

      Report Post »  
    • markthespark
      Posted on October 21, 2011 at 9:05am

      The unions are busy raising money for Democrats, orchestrating OWS protests against capitalism, the Tea Party and the Constitution! They don’t have time to realize who is giving them shaft. B.O.H.I.C.A.

      Report Post »  
    • Bluefish49
      Posted on October 21, 2011 at 9:28am

      Nice looking golf cart…where do you strap your bag?

      Report Post »  
    • Olive44
      Posted on October 21, 2011 at 9:59am

      exactly!!!

      Report Post » Olive44  
    • 123456beatriz
      Posted on October 21, 2011 at 10:05am

      AGAIN! Please Tell Glenn that the TV and Radio by Roku has problems. And is Just when Glenn is talking important issues about the communists and the morons in Wall Street. Yesterday the beginning of tv show was stopped 3 times. And today in radio the same.
      Please this is sabotage from Soros’ team of communists. Please maybe a good computer experts can help to prevent the sabotage. Maybe Israel can help, they know a lot about this. Please! try to defend the country. I know beacause I already lived in communist environment I know how those moron work!PLEASE! If I am in NY I will help, but in NC I can not!.please!

      Report Post »  
    • godlovinmom
      Posted on October 21, 2011 at 10:16am

      PATTYHENRY…you write like I feel…2012 can not get here fast enough..I wonder if it will be an end to all this madness…if not…we we’ll lose our country…I know I‘m one American that doesn’t want that to happen…So I WILL do all I can this election cycle to get a real American in our White House…People like yourself and others make me feel better about it all…patriots…God Bless!

      Report Post » godlovinmom  
    • Go Glenn
      Posted on October 21, 2011 at 10:30am

      There was a time in this country when one scandal was enough to bring down a presidency.

      We are now having trouble counting all the scandals and nobody does anything about them.

      I thought about trying to list them but honestly, I am too sick of this crap to even bother. We have to revolt!

      Report Post »  
    • nick7
      Posted on October 21, 2011 at 10:33am

      You are dreaming KICKINBACK ! The really horrorifying thought is that the People will elect these traitors into office again. Of course, they are not below falsifying the votes to continue in their corruption.

      Report Post »  
    • Blackhawk1
      Posted on October 21, 2011 at 10:42am

      Asybot

      The contract lists the country of origin as Canada and place of manufacture as “outside U.S.
      The feds bought the two coaches for $2.2 million from Hemphill Brothers Coach, based in Tennessee. It installed custom interior upgrades into the Prevost shell. So The buses were built in Canada and modified in Tennessee.

      Report Post » Blackhawk1  
    • Jim in Houston
      Posted on October 21, 2011 at 10:58am

      Excellent point! Maybe these people really didn’t want to deal with the unions and their goons. Still this, like everything else the administration has done just plan SUCKS!

      Report Post »  
    • Ruler4You
      Posted on October 21, 2011 at 11:10am

      U.S. government as corrupt as the old soviet style regimes. LOL! There is no ‘hope’ for America with guys like this “running” the country.

      Report Post » Ruler4You  
    • motonutt
      Posted on October 21, 2011 at 11:17am

      Isn’t this sweet….corupt basterds. More spreading our wealth to the rest of the world.

      Report Post » motonutt  
    • MIBUGNU2
      Posted on October 21, 2011 at 11:43am

      The Obama Administration has reached a new level of corruption.
      as the Lame Stream Media turns a blind eye !! Disgusting…….

      Report Post » MIBUGNU2  
    • Jumper
      Posted on October 21, 2011 at 1:10pm

      Yea, right, like that will ever happen.

      Report Post »  
    • ambrosia
      Posted on October 21, 2011 at 3:36pm

      As quoted in article,
      “There was no contract manufacturer in the U.S. that could actually produce our vehicle,” the company’s founder and namesake told ABC News. “They don’t exist here.”

      Wow ….Ding-Dong…sounds like the perfect invitation
      for a brand new, sparking industry….INSIDE the USA !

      This administration is TOTALLY mindless-
      except when it comes time to give billions of taxpayers money
      to all their corrupt, campaign fund-raising dummies
      who masquerade as green & solar energy companies.

      AMERICA has had ENOUGH !
      GET them all OUT of office & OUT of our lives.

      Report Post »  
    • theaveng
      Posted on October 21, 2011 at 4:37pm

      What’s with the TESLA bashing?
      They’ve been making electric cars *in the US* since the 90s. First with convertible sedans, then sportsters. They are one of those companies that is actually succeeding and should be praised for providing jobs to engineers and mechanics for almost 20 years now, rather than denigrated.

      Report Post »  
    • SonOfaCommunist
      Posted on October 21, 2011 at 7:45pm

      So the name of the car is KARMA. What I know about KARMA is that she can be a bi_ch. She always gives you what you deserve but the problem is that she can take her time doing it. But, when she gives it to you, O BOY, look out!!! I wonder what KARMA has for all these guys??? I can only imagine it would be sweet to watch :-)

      Report Post » SonOfaCommunist  
    • OneBuckeye
      Posted on October 21, 2011 at 10:29pm

      Anyone else think “GREENGATE” has surpassed WaterGate? Maybe by a 1000 times?

      Report Post »  
    • Hobbs57
      Posted on October 22, 2011 at 9:13am

      The electric motors turning these will come from the all great nation of … dundaddah … CHINA . Sorry, me no like China manufacturing here. Though, it may actually be made by GE, just in China is all. Right next to our air plane motors… unbelievable what his world has turned into. Wonder how many nights of anxious it took to say what the heck, why pay more when you can get it made in China for 1/4 the price ?? Sell- outs , all of them

      Report Post » Hobbs57  
  • bullcrapbuster
    Posted on October 20, 2011 at 11:32pm

    So now dumb and dumber are getting fleeced by Al Gore with his get rich saving the planet scams. These two genius’ will get a good chunk of it back as donations to their re-election coffers. Gotta keep that goose laying the golden eggs happy,

    Report Post » bullcrapbuster  
  • ComeAndTakeThis
    Posted on October 20, 2011 at 11:32pm

    We fund wind turbines that are inefficent Solar companies selling cra@ panels, and we are surprised that we are funding a POS car made in Europe. What about the failed Obamawager the Volt quite an impressive bit of financial engineering to build an American POS car.

    Report Post » ComeAndTakeThis  
  • billybe123
    Posted on October 20, 2011 at 11:31pm

    I hope I live long enough to see the History record on this administration. After this outlaw administration gets kicked out in 2012, I hope the sharks start circling to find out the truth and publish it. I want Obama to go down in history as the worst president ever, and for it to show how he did try to destroy’overthrow the government of this country from the inside out. And who ever it was that backed him. Herman Cain 2012 !!! God help him save this country!! Please!!

    Report Post » billybe123  
    • kindling
      Posted on October 20, 2011 at 11:40pm

      Sadly, he will set back relations between Blacks and Whites by several hundred years, not because Whites will not forget but because Blacks will have something new to hate Whites for. This man has caused more damage then anyone in history. I hope Michelle is still proud of her country, because she is married to the biggest @$$ that ever ran for office.

      Report Post » kindling  
    • TheEmperorHasNoClothes
      Posted on October 21, 2011 at 12:06am

      There is such corruption. I am beside myself with confusion and disbelief. Is the country so asleep as to not see all these crimes and not say a word. No one media person, no aide, no secretaries, no cafeteria workers or housekeepers are willing to step up to the plate and expose this administration for what it is. Nixon was a petty theif compared to the disgusting behaviors all involved have demonstrated. Only God is watching over this nation.

      Report Post » TheEmperorHasNoClothes  
    • stopspendingourmoney
      Posted on October 21, 2011 at 12:34am

      Herman Cain is unelectable and his 999 plan has more holes in it than Swiss cheese, Ron Paul’s plan is much better, he has allot more support and he has been right on everything he has said about Tarp bailouts housing and the economy, he was right all along, look and see where Cain stands on the feds and tarp, he is just another tool for the elites, wake up Cainites!! he is not the man he is just more of the same, Ron Paul is who we need at this time. Ron Paul 2012. Cain will be just another nail in America’s coffin possibly the last.

      Report Post »  
    • formulanine
      Posted on October 21, 2011 at 2:33am

      Don‘t be so naive to think that other presidents haven’t sent things the way of their campaign funders. I’m pretty sure that campaign costs in the last presidential election neared $1billion for each campaign. How do you think these politicians get all of this money, and why would corporations continue to pump money into these campaigns if they weren’t getting things back?

      Report Post »  
    • Steve
      Posted on October 21, 2011 at 4:10am

      stopspendingourmoney

      Paul’s chance to being President is as good as Obama speaking at the next Tea Party rally and claiming he was wrong and will change all his policies.

      So I suggest you get your pencil sharpened to write his name in . After what Obama has done we really dont need Ron Paul supporters anyway. Your more in line with Code Pink and taking stats from those who are on the dole for CAIR. Weren’t you at the OWS?
      http://www.youtube.com/watch?feature=player_embedded&v=Gi2l0gWJBUE#

      All Americans need to do is watch this video.
      http://www.youtube.com/watch?feature=player_embedded&v=noOyu_2oxWQ

      Report Post »  
  • Dougral Supports Israel
    Posted on October 20, 2011 at 11:27pm

    Fisker is not going to be profitable. We are in the middle of a deep recession. Who in their right mind is going to plunk down $100K for a subpar sports car? These things will be toys for a few rich liberals that want to parade around their “greenness”. Its wrong to take the taxes of hard-working Americans and use it to pay for stuff like this.

    Report Post »  
  • amerbur
    Posted on October 20, 2011 at 11:25pm

    This should be a crime. If this story stops here, I will be so discouraged. I am outraged. These lying, hypocrites in Washington, hollywood. I want my money back!!!!!

    Report Post »  
  • slr4528
    Posted on October 20, 2011 at 11:19pm

    Only in America..or I should say in an Obama Administration. Unbelievable.

    Report Post »  
  • Rick300
    Posted on October 20, 2011 at 11:14pm

    Nixon was right…he wasn’t a crook…if you compare him to Mr. Obama, Joe Biden and the whole progressive movement! Hell, Al Gore’s carbon footprint is bigger than his ego! American BORROWED money for overseas jobs…how global!

    Report Post » Rick300  
  • plastinoid
    Posted on October 20, 2011 at 11:14pm

    These Criminals must go! Impeach the lot of them, and put them in jail.

    Report Post » plastinoid  
  • atlasshrugged
    Posted on October 20, 2011 at 11:14pm

    Kudos to ABC. Now when is the rest of the MSM going too start reporting on the rape of the US taxpayers?

    Report Post » atlasshrugged  
    • Theleftisda
      Posted on October 21, 2011 at 12:41am

      Someone at abc is going to get fired for leaking this info

      Report Post » Theleftisda  
  • scout n ambush
    Posted on October 20, 2011 at 11:13pm

    For some obvious reason this sounds fishy.The fisker karma electric car company what was the name of the model , the “chakra” perhaps?

    Report Post » scout n ambush  
  • Cynic-clinic
    Posted on October 20, 2011 at 11:12pm

    The used 1994 Toyota that I bought for $200.00 gets 24 mpg city, 35 mpg highway and I’m still tuning it for better milage. The CO2 coming out of the pipe is feeding plants and trees everywhere I go.

    Hey Algore, try to beat my GREEN combination with your Frisker (frisking elites everywhere).

    Report Post »  
    • Salamander
      Posted on October 20, 2011 at 11:42pm

      Wow, a coal-fired sports car! How ingenious! Carbon footprint!

      Report Post »  
    • LastAmerican
      Posted on October 21, 2011 at 7:50am

      Hey I’ve got a 92 Honda civic vx that on a really crappy day gets 40 mpg. It regularly gets 45 mpg. 230,000 miles on it and it still purrs. I‘m in total defense when I drive it but it’s a lot of fun. Only one small battery for starting also.

      Report Post »  
    • Go Glenn
      Posted on October 21, 2011 at 10:38am

      Go point!!!! The lib’s love trees and grass (both kinds) yet they want to starve the trees by limiting the amount of CO2!!!!

      I say cut down all the old trees and bury them deep in the ground. This will be Carbon Sequestration.
      Then plant new young fast growing trees that consume the CO2.

      LOL

      Report Post »  
  • PleaseStartBrainb4engagingmouth
    Posted on October 20, 2011 at 11:12pm

    Maybe if the government didn’t regulate the crap out of Americans one of them or maybe a group of them would be interested in building them inside the USA .. do ya think? nah government needs to get bigger and more involved … right …..

    Report Post »  
    • pamela kay
      Posted on October 21, 2011 at 3:33am

      I agree, but they are up to something. Time will tell .

      Report Post » pamela kay  
  • wren
    Posted on October 20, 2011 at 11:08pm

    and the media wonders why Congress doesn’t want to hand him another blank check for his next union payoff…err i mean stimulus…err i mean jobs bill.

    Report Post »  
    • TelepromoterNChief
      Posted on October 21, 2011 at 11:37am

      Leg humping Chris Matthews continues to p!ss himself (literally) anytime some questions his Obama man hero.

      Report Post »  
  • PoliticalJunkieToo
    Posted on October 20, 2011 at 11:06pm

    This is such old news.
    It is still wrong but it has already been covered.

    Report Post »  
    • USNJIMRET
      Posted on October 20, 2011 at 11:21pm

      In my perhaps singular and worthless opinion, what you imply is a HUGE part of the problem with our political system. Once something is reported on, it becomes “old news”, and should never be mentioned again, apparently.
      I believe that even when it ►IS◄ ‘old’ news, there is great value to be gathered in reminding people that whatever the “flavor of the week” scandal might be, it is nothing more then a continuation of bad policy decisions made previously. Consider it something like a “preponderance of evidence” that this Administration makes lots and lots of bad decisions, costing the taxpayer more and more wasted money. Do NOT allow the spin masters to claim that whatever current “Huh” is in the news is a stand alone event, a decision made in a vacuum. The incredible waste of money for Green anything is,IMO, a criminal act, and should be treated as such. Half a billion here, half a billion there, tens and hundreds of millions for start up companies that have no chance of being profitable in the reasonable future, and what are the terms of paying the loans back? American taxpayer money ‘loaned’ to a company that promptly says that all the real work has to take place in some other country? It may not be, by definition, shipping American jobs overseas, but it sure as hell means that American tax dollars aren’t doing Americans any good whatsoever.
      It is, to put it mildly, an insane notion that our tax dollars fund a foreign economy!

      Report Post »  
    • Theleftisda
      Posted on October 21, 2011 at 12:49am

      Great post Jim
      thanks for your service

      Report Post » Theleftisda  
    • TEXASGRANNY73
      Posted on October 21, 2011 at 3:22am

      @USNJimRetired Good commentary. I would like to know why US funded anything to a global corporation (Fiskars) based in Finland that USA citizens already made wealthy with products such as scissors (I have two pair and paid taxes) and referred to as a start up company in article. Another NWO story? Your opinion may be singular but it is very valuable and I wish you would express more. Please.

      Report Post »  
    • the wireworker
      Posted on October 21, 2011 at 9:28am

      USNJIMRET, You hit the nail on the head…..

      HEY BIDEN! You told us about more rapes and murders and to look at the numbers, well we ARE LOOKING AT THE NUMBERS AND WE DON’T LIKE THE NUMBERS WE SEE YOU SPENDING US INTO OBLIVIAN WITH!!!

      Report Post » the wireworker  
  • Snowleopard {gallery of cat folks}
    Posted on October 20, 2011 at 11:06pm

    Political graft and cronism at the finest across the nation and the world.

    Report Post » Snowleopard {gallery of cat folks}  
  • Oregon_TEA
    Posted on October 20, 2011 at 11:06pm

    No return on my tax dollars that i had no say so on what it was used for?

    Report Post » Oregon_TEA  
  • legendarytwo
    Posted on October 20, 2011 at 11:05pm

    The problem we have is the republicans. We know the dems are evil, but Boehner and the others are complicate. They have to be to be filling their own pockets too or there would be impeachment hearings.

    Report Post »  
    • Tired of Code Names
      Posted on October 20, 2011 at 11:22pm

      legendarytwo
      Posted on October 20, 2011 at 11:05pm
      The problem we have is the republicans. We know the dems are evil, but Boehner and the others are complicate. They have to be to be filling their own pockets too or there would be impeachment hearings.

      Legendarytwo. Perhaps you meant complicite, but, I know sometimes spell check changes things after you have typed it, and, sometimes, is not correct for the meaning. But, kudo’s. You hit the nail on the head. Establishment Repubicans fear the tear party beause they know if the tea party voted in conservatives get a say, their lobbying, cronyism will come to an abrupt halt much as the liberals are concerned. I pray one day that middle ameraicans wake up whom I would like to believe are the majority, and, one day, we could have a third party that would trounce the minority from the progessive side and the republican progressive side.

      Report Post »  
    • Dougral Supports Israel
      Posted on October 20, 2011 at 11:29pm

      Unless you can get 2/3 of the Senate to agree, impeachment hearings are worse than useless. Starting them and failing to finish the job would strengthen 0bama.

      Report Post »  
    • legendarytwo
      Posted on October 21, 2011 at 12:35am

      DOUGRAL–
      You have bought the republican establishment smokescreen that gives them cover for allowing Obama to pillage and plunder America and our constitution.

      Report Post »  
  • wordweaver
    Posted on October 20, 2011 at 11:03pm

    Well done, Mr. President. Way to bring green technology jobs and products to Americans. A foreign-made vehicle that only the wealthy 1% can afford. I want my money back.

    Report Post » wordweaver  
    • Salamander
      Posted on October 20, 2011 at 11:44pm

      It‘s only green if you don’t use fossil-fueled electricity to recharge it! Otherwise, it’s coal-powered or natural gas-powered! Or, maybe, nuclear-powered!

      Report Post »  
    • asybot
      Posted on October 21, 2011 at 1:47am

      and what about the technology to biult the “fiberglass” or “composite body, the green mining and manufacturing to make the super light titanium or aluminum frames the plastic light covers the copper “green” wiring the really “green” rubber tires and light weight rims etc etc. etc. etc.. Green is a pipe dream !!!

      Report Post »  
    • asybot
      Posted on October 21, 2011 at 1:48am

      Sorry about the spelling, and I forgot to mention those really really “green” batteries that run the engines!!

      Report Post »  
    • asybot
      Posted on October 21, 2011 at 1:53am

      and I forgot to mention those really really manufacturing processes ti built a batteries to run these vehicles. What an amazing advertising campaign, all these companies have fooled so many sheeple.

      Report Post »  
    • RichNGadsden
      Posted on October 21, 2011 at 8:23am

      I’ve finally come to the decision that the only thing green about this failing movement, start up companies, and green jobs are the American green backs flowing from our mints into these green sewers! Wake Up America.

      Report Post » RichNGadsden  
  • South Philly Boy
    Posted on October 20, 2011 at 11:01pm

    algore = FRAUD… Put them ALL in JAIL

    Report Post » South Philly Boy  
    • NOBAMA201258
      Posted on October 20, 2011 at 11:13pm

      Could you imagine if Bush did this? the loons at msnbc would be all over it!!

      Report Post »  
  • PJL
    Posted on October 20, 2011 at 11:01pm

    What a crock!

    Report Post » PJL  
  • Black Midge
    Posted on October 20, 2011 at 11:00pm

    14:49 minutes and counting, Barrack your fifteen minutes have almost past and you and your buddies have squandered it !!!

    Report Post » Black Midge  
  • Maxim Crux
    Posted on October 20, 2011 at 11:00pm

    how is it that the president has the authority to dish out so much money?

    Report Post »  
  • The10thAmendment
    Posted on October 20, 2011 at 10:59pm

    Nothing to see here folks. Business as usual for the communist and thief.

    Report Post » The10thAmendment  
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