Archive for the ‘Fisker’ tag
The $90K People’s Car
Your tax dollars are being used to help a start-up automotive manufacturing company called Fisker Automotive. The car company received $529 million from the US government so that it c
an build hybrid sports cars — in Finland!
The Fisker will sell for about $89,000.00 US so not only will Americans not get jobs building them for the $529 million investment — Americans probably can’t afford to buy them, either. So why would the US government kick out a half a billion dollars in taxpayer money to build a foreign car for foreigners?
Fisker Motors says it will use the loan money to produce a $40K family sedan that hasn’t been designed yet for American families but in the meantime, production on the $89K Karma, pictured here, is due to begin this December.
Fisker Motors managed to get the half-billion dollar loan through connections with Kleiner Perkins Caufield & Byers, a veteran Silicon Valley venture-capital firm of which Gore is a partner.
Employees of KPCB have donated more than $2.2 million to political campaigns, mostly for Democrats, including President Barack Obama and Hillary Clinton, according to the Center for Responsive Politics, a nonpartisan group that tracks campaign contributions.
When the DOE was asked if Gore had any influence on Fisker’s application, DOE representative Matt Rogers was quick to reply, “Absolutely not.”
Of course it didn’t. Using American tax dollars to build cars in Finland that Americans can’t afford – why would anybody question that?
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