According to Jonathan Starkey of Delaware Online, there's this guy, Henrik Fisker, whose new company, Fisker Automotive, is building a $100,000 Karma hybrid car. To help the project along, the U.S. Department of Energy lent the business half a billion dollars. However, in an interview on ABC with Brian Ross here's what Fisker said:
“There was no contract manufacturer in the U.S. that could actually produce our vehicle. They don’t exist here.” So it's actually being built by contract manufacturer, Valmet Automotive, in Finland.
Then, after scrambling around, Fisker finally explained that the company's got a new plant in Newport, Delaware, which will build the next car, the Nina, though that remains to be seen. But what's known for sure right now is that there's only $329 million left of the $535 million borrowed. So, $206 billion of tax-payer guaranteed bucks went to Finland.
There's also a rumor, but totally unconfirmed by myself, that Al Gore's an investor in Fisker's business. Gee, what a surprise.
So, little by little, the hypocrisy and fraud of the current administration's leaking out and taxpayer's are getting ripped off in spades while friends of the White House make out like bandits. And while all this double-dealing goes on, Joe Biden, who's become the front man, is out there screaming for more tax-payer funds to abscond with. So, maybe when it all works out, perhaps instead of getting another four years, some judge will sentence them all to ten to twenty.
That's it for today folks.
Adios.
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