[Thanks to Random Acts of Patriotism for the heads-up.]
From ABCNews.com:
With the approval of the Obama administration, an electric car company that received a $529 million dollar federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.
Vice President Joseph Biden heralded the Energy Department’s $529 million loan to the start-up electric car company called Fisker as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the job of assembling the flashy electric Fisker Karma sports car has been outsourced to Finland.
“There was no contract manufacturer in the U.S. that could actually produce our vehicle,” the car company’s founder and namesake told ABC News. “They don’t exist here.”
Henrik Fisker said the U.S. money so far has been spent on engineering and design work that stayed in the U.S., not on the 500 manufacturing jobs that went to a rural Finnish firm, Valmet Automotive.
“We’re not in the business of failing; we’re in the business of winning. So we make the right decision for the business,” Fisker said. “That’s why we went to Finland.”
[Let’s see; what else does Valmet make? Oh yes, that would be cheap AK-47 knock-offs. Valmet is actually a Finnish state-owned conglomerate.]
So imagine that. A business saying, straight up, it’s “not in the business of failing.”
That’s called “taking the money from the dumb (deleted) and shoving it up his philosophical ass.”
And the price? A “$529 million dollar federal government loan guarantee.” HALF a BILLION dollars. Sound familiar? Solyndra, anyone?
That’s called “the true cost of green jobs,” where infrastructure is lacking, when regulations are overbearing, where unions for unskilled laborers rule all, why taxes are confiscatory.
And, bottom line, that’s called “The Fleecing of the American Taxpayer.”
Predicated upon brain-damaged (but nonetheless clearly entertaining) Vice President Joe Biden saying the company was, quote: “a bright new path to thousands of American manufacturing jobs.”
Repeat: THOUSANDS OF AMERICAN MANUFACTURING JOBS.
Once more, for those of you who just may have tuned in:
PROMISED by VP Joe Biden: THOUSANDS OF AMERICAN MANUFACTURING JOBS.
Removed, however, OFFSHORE to the frozen country of FINLAND.
Do I somehow detect just a tad bit of irony here, perchance?
BZ