Solyndra On Wheels

Discussion in 'Politics' started by bitterlyclingin, Oct 21, 2011.

  1. bitterlyclingin
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    bitterlyclingin Silver Member

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    (Just when you thought you'd seen the worst of Obama's Crony Capitalism, this tidbit appears in the news. Apparently the key to getting your fingers into the US Treasury's till, and whatever sums of taxpayer's dollars your heart desires, was to bundle some election funds for Barry. Cars built in Finland with Chinese engines funded under the stimulus? Whats 787 billion dollars between friends anyway? "The taxpayers will never notice. Besides, if they do, I'll just blind them with a smile and a speech, and it'll be all cool.")

    "It’s a gorgeous vehicle, manufactured in Finland and sporting a Chinese engine. Rich people like Leonardo DiCaprio and Al Gore (both of whom made their fortunes by peddling fiction) are lining up to buy it. Nothing wrong with that; if I had the money I might buy one myself, even though the car doesn’t get especially good mileage. But there is just one thing: the Obama administration has invested $529 million in taxpayer money to help develop the Fisker Karma. That’s right–it’s another “green jobs” scam, except that if any jobs are being saved or created, they are in Finland and China.

    Why on Earth would Barack Obama subsidize Finnish workers and fantastically rich Americans? For the usual reason:

    Fisker’s top investors include Kleiner Perkins Caufield & Byers, a veteran Silicon Valley venture-capital firm of which [Al] Gore is a partner. Employees of KPCB have donated more than $2.2 million to political campaigns, mostly for Democrats, including President Barack Obama and Hillary Clinton, according to the Center for Responsive Politics, a nonpartisan group that tracks campaign contributions."

    http://www.powerlineblog.com/archives/2011/10/solyndra-on-wheels.php
     
    Last edited: Oct 21, 2011
  2. naturegirl
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    naturegirl Silver Member

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    Oh snap, they couldn't make that car here. Nope we don't have the facilities or the skilled workers. If it makes it in Finland, it might create some jobs here.................just like Solyndra was going to. Yes, let's keep investing in failing foreign green companies, just what we need.
     
  3. bitterlyclingin
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    bitterlyclingin Silver Member

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    (The cup of "Crony Capitalism" continues to runneth over. Just bundle for Barry and he'll make you rich! The Chicago Way, only out of 1600 Pennsylvania Ave.)

    "Yet an audit this year by the Government Accountability Office, the investigative arm of Congress, criticized the Energy Department for not keeping close enough tabs on its fleet of auto loans — including those to Fisker and Tesla — to ensure they meet benchmarks. The funding was issued under the $25 billion Advanced Technology Vehicles Manufacturing loan program, one piece of a giant umbrella of DOE loans and loan guarantees going out the door.

    “DOE cannot be assured that the projects are on track to deliver the vehicles as agreed,” said the GAO report examining the department’s ATVM program. “It also means that U.S. taxpayers do not know whether they are getting what they paid for through the loans.” [emphasis mine]"

    Donors, Bundlers, and Obama Allies Secure $1 Billion in Loans, Export Jobs to Finland | RedState
     
  4. bitterlyclingin
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    bitterlyclingin Silver Member

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    At what point does this collection of steadily growing sewage reach enough critical mass to be referred to and treated as "High Crimes and Misdeameanors"?
    Remember when Dick Cheny hosted a conference of oil company insiders in the VP offices? CVS was called in to send multiple emergency tractor trailer fleets loaded with Adult Huggies to both the NYT's and the WaPo's headquarters to staunch the tidal wave of uncontained soil that was inundating those offices after the Liberal writers inside simultaneously lost control of their anal sphincters after hearing the report.
     
  5. blastoff
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    blastoff Undocumented Reg. User

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    At the least they should name one of the car models the Batshit Mobile as a testament to this whole idiotic endeavor.
     
  6. waltky
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    waltky Wise ol' monkey Supporting Member

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    More political strings pulled?...
    :confused:
    Solar-panel maker Solyndra defeated a proposed government takeover bid on Monday
    Wednesday, October 19, 2011 - Solar-panel maker Solyndra LLC defeated a proposed government takeover bid, but the attempt underscored the depth of concerns in recent weeks at the Justice Department about the roles played by the bankrupt company’s top financial officer and its board of directors.
     
  7. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    Anyone need more proof that "stimulus" means payback to constituents?

    Take away the power to dole out this gambling money. It's not neccessary and the mental midgets in charge have no idea what they are investing in..
     

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