"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Sunday, August 12, 2012

UP IN FLAMES: FISKERS AND $529 MILLION OF TAXPAYERS' MONEY

DETAILS HERE. (FISKER GOT $529 MILLION OF TAXPAYERS' MONEY FROM OBAMA.)


THE SO-CALLED "GREEN ECONOMY INVESTMENTS" OBAMA AND HIS COMRADES MADE TO HIS CRONIES IS THE BIGGEST MOST EXPENSIVE SCANDAL IN THE HISTORY F THE UNTIED STATES OF AMERICA:
 In September 2011, Silicon Valley-based solar panel company Solyndra filed for bankruptcy after receiving a $535 million loan from DOE in 2009. Government officials reportedly warned the administration about Solyndra's viability back at that time, but these warnings were set aside to meet political deadlines. 
In November 2011, Beacon Power, a company that creates flywheels to store power and increase grid efficiency by preventing blackouts, filed for bankruptcy after receiving a $43 million loan guarantee from DOE in August 2010. 
Just last month, auto electric battery maker Ener1, whose EnerDel subsidiary received a $118.5 million DOE grant in August 2009, filed for bankruptcy. 
Electric vehicles haven't had a great year, either. Last year, General Motors' Chevrolet Volt was heavily criticized after three Volts sparked or caught fire in a series of side-impact crash tests conducted by the National Highway Traffic Safety Administration (NHTSA). Fisker had some battery issues of its own as well back in December 2011, where over 200 Karma's were recalled. 
Also, somewhat similar to Fisker's factory situation, an Indiana Think City EV plant has been sitting stagnant after failing to produce the Think City EVs, which are tiny two-seater EVs manufactured by Think Global.
IT'S TOO LATE TO IMPEACH THE BASTARD, SO WE'LL HAVTA SETTLE FOR KICKING HIS CORRUPT, CRONY-CAPITALIST ASS OUT OF THE WHITE HOUSE IN NOVEMBER!


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