Day by Day Cartoon by Chris Muir

Friday, October 21, 2011

More good money after bad

It was bad enough that Osama's administration had to give a large chunk of our great-grandkids' money to Solyndra - now, we get to fund Finnish Karma:
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Car Company Gets U.S. Loan, Builds Cars In Finland


 
With the approval of the Obama administration, an electric car company that received a $529 million 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 company's manufacturing jobs are still limited to the assembly of the flashy electric Fisker Karma sports car in Finland.
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The next video after the one at the link has Osama saying something about being responsible for what happens "on his watch", and that "people are not better off than four years ago".

And, he's not sorry about Solyndra - because other things haven't blown up - yet.

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