|No more stimulus money for Finland|
Solyndra, a failure, at least tried to manufacture solar panels in the United States. Fisker, an American firm, chose to make its cars in Finland.
More from Lewis:
Nearly $200 million into a $529 million loan from the Department of Energy, Fisker’s yet to build a car in the United States. The current model they offer, the Karma, retails for a reasonable $103,000. And here’s the fun part. The Karma, produced in Finland, first suffered a recall in December. That recall expanded recently — in no small part due to a Karma in Texas lighting on fire and burning down the garage where it was parked. It appears that not only are these not American cars, but they're not even particularly safe for American drivers.What we have here is more proof that leftist central planning of our economy does not work.
According to ABC News, "Fisker received federal funds in part to help purchase a shuttered General Motors plant in Delaware, where it predicted it would one day employ 2,000 auto workers to assemble the clean-burning gas-electric family car, known as the Atlantic."
This latest recall won't help things, but even before yesterday's announcement the odds of the Department of Energy’s loan creating jobs was slim. The American Spectator reported in February that Fisker's loan had been suspended for failing to meet the basic requirements for continued funding. With that loan now on hold, it’s quite likely Fisker will build the planned factory overseas.
As for Obama, his other policies aren't working either.
Oh, Wikipedia may want to update its entry about Fisker in regards to that Delaware plant.
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