“The only reasons Fisker has not superseded Solyndra on the disaster scale is because it has not declared bankruptcy yet…”
Paul Chesser writes at NLPC.org:
Automotive and green technology advocacy Web sites are abuzz with a story about a former employee of Fisker Automotive who claims the company released its $102,000-plus Karma electric sport sedan prematurely, in order to meet targets set forth by the Department of Energy so Fisker could access funds from a $529 million loan award.
This followed reports from all over the Internet that Consumer Reports purchased a Karma in Connecticut for $107,850, only to see it totally disabled before the magazine could run it through its tests…
Contribute to Obama, get money. Spend to get – it’s like captialism. Sorta.