And even though it's burned through $1 billion already, and its latest speculative venture is to build the $55,000/copy Atlantic is with China, Fisker still wants the balance of its $529 million US DOE Scamulus loan guarantee.
Obamandias and Steven Chu were unavailable for comment.
Even the DOE Loan Program Office still touts the public benefits of taxpayer “investment” in Fisker, noting that the project would produce 2,000 permanent jobs, 17.4 million gallons of gasoline displaced, 154,000 tons of carbon dioxide avoided, and 30,000 annual cars off the road.
Actual results for the $193 million in taxpayer funds already flushed on this boondoggle...?
So as a result, some 200 employees in the U.S. are idled. This is a drop from 775 employees in February 2012, when Fisker lopped off 71 workers when its plans to build the Atlantic in Delaware were shelved. Forty more were let go late last year, and apparently another 100 were dropped since December. But again, multiple media sources have said no Karmas have been produced for eight months, and as of October only 2,000 had been sold.
Curiously, ultra-rich Karma owners DiCaprio, Algore and Justin Bieber were absent from the Bankruptcy announcement.
H/T Tom Nelson
4 comments:
This guy, Charles Ponzi, just turned me on to this great investment opportunity the DOE might be interested in.
On the bright side, Leo and Algore were actually investors too, so they got justly reamed.
Bwuhahahahahahahahahahahahahahahaha.
SG, I seriously doubt that the Goreacle and DiCraprio lost a dime in this venture. That's EXACTLY why Fister (Yeah, that was intentional.) is wanting the other $520+ million of OUR money... so that the Great Green Ponzi Posse can continue pulling in the green, without losing a bit of their own money.
Apparently these assholes aren't real strong on history, or they'd realize what happened in post-Revolution France--- The peasants don't take too kindly to having the royals pissing on their heads and being told that it's raining champagne.
BC--whatever that investment firm Captain Carbon is a partner in--it's in the story--they did lose and aren't investing more. DiCaprio is just a well-healed sucker, He lost--like Kelsey Grammar did in one of those WindBoondoggles--but not enough to wise up.
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