A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.
The award this week to California startup Fisker Automotive Inc. follows a $465 million government loan to Tesla Motors Inc., purveyors of a $109,000 British-built electric Roadster. Tesla is a California startup focusing on all-electric vehicles, with a number of celebrity endorsements that is backed by investors that have contributed to Democratic campaigns. Matt Rogers, who oversees the department’s loan programs as a senior adviser to Energy Secretary Steven Chu, said Fisker was awarded the loan… Read More
While Americans are sitting at home without jobs the Obama government is paying off investors that have contributed to Democratic campaigns which is no other than a “Pay to Play”.
Taxpayer money going out of this country to Finland isn’t helping to create jobs in America now is it! Ask yourself how many jobs could $465 million dollars create here in The United States of America! When will the American people say enough Obama of you giving our tax dollars away?