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Electric Car Company Given $200 Million Loan By Obama Admin Says It May Drop Plans To Build Its Cars In America?

~ The Rebel ~ 2012/06/01 17:35:20

Another brilliant investment.

The luxury carmaker Fisker Automotive continues to signal it could ditch plans to build its next generation hybrid electric vehicle in the United States, despite the nearly $200 million in Obama administration loan money it has already received.

Fisker received federal funds in part to help purchase a shuttered General Motors plant in Delaware, where it predicted it would one day employ 2,000 auto workers to assemble the clean-burning gas-electric family car, known as the Atlantic.

Read More: http://cowboybyte.com/8357/electric-car-company-gi...

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  • sglmom 2012/06/09 23:07:43 (edited)
    sglmom
    +2
    In other words ..

    this is another $200M of Taxpayer Funds that THIS ADMINISTRATION FLUSHED Down the TOILET?
    (IT is NOT 'loaned' .. this was a GRANT That didn't need to be repaid at all)


    so how many TRILLIONS has this Administration FLUSHED down the Toilet ..
    (of borrowed dollars too .. they are sticking on our backs) ..


    Guess the little thing called STOPPING the NONSENSE hasn't yet dawned to them?



    flushed dollars down toilet
  • Cuppajo 2012/06/01 17:51:22
  • keeper 2012/06/01 17:37:25
    keeper
    +2
    By the way...this isn't a loan...it is a grant!

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2013/06/18 23:25:43

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