October 20, 2011

THE FISKER KARMA: Solyndra On Wheels? “Our tax dollars at work… a half-billion dollar loan (actually $529 million) from the U.S. Department of Energy to develop a hybrid toy for the wealthy and/or celebri-licious (like Leonardo DiCaprio, one of the first customers) that, in real world driving, won’t get much better mileage than your average crossover utility vehicle. Not only that, but the cars are manufactured in Finland — that’s right, Finland – and shipped here for sale, where their purchasers will then receive a $7,500 tax credit for buying one . . . . Oh, and by the way, it just so happens that several major investors in the company are also major donors to the Democratic Party. Can you say, ‘crony capitalism?’”

At least it’s really good looking.