Incandescent bulb production moved from the U.S. to Asia, windmills made in China with federal funds, now electric cars, powered by $500 million of our money, are being manufactured in Finland. Or they were until they were recalled for defective batteries that catch fire.
Why, you ask, are U.S. taxpayers subsidizing a Finnish electric sports car that costs $90,000? Are you surprised that Al Gore has perched his fat ass on the company’s Board of Directors? Bet you aren’t.
Obummer is shutting down all our energy sources, driving manufacturers from our shores and has adopted a vehemently anti-business stance. Is he doing this deliberately or is he really just this stupid? Could be either one, I suppose, but there’s no question that the community organizer is a drooling moron. In a way, that’s almost reassuring – imagine the damage he could cause if he were an evil genius.
In a lengthy interview, Fisker said he apprised the Department of Energy of his decision to assemble the high-priced Karma in Finland after he could not find an American facility that could handle the work. They signed off, he said, so long as he did not spend the federal loan money in Finland — something he says the company has taken care to avoid. He said the decision, ultimately, was to help prevent his company from following the path of Solyndra, which exhausted nearly all of its loan money on a high-tech solar manufacturing plant in Freemont, California.
“If you just start doing like what Solyndra did, making a factory in a place where it was too expensive to manufacture … [you] obviously fail,” he said.
For What It's Worth 