At least the Solyndra loan was wasted *in* America — Updated

October 20, 2011

Over $500 million taxpayer dollars to subsidize a “Green” car  — made 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 job of assembling the flashy electric Fisker Karma sports car has been outsourced to Finland.

“There was no contract manufacturer in the U.S. that could actually produce our vehicle,” the car company’s founder and namesake told ABC News. “They don’t exist here.”

Henrik Fisker said the U.S. money so far has been spent on engineering and design work that stayed in the U.S., not on the 500 manufacturing jobs that went to a rural Finnish firm, Valmet Automotive.

Money is fungible. You can bet the taxpayer-funded loan dollars spent here freed up resources to be spent in Finland.

And, gee, want to guess how this company had such an easy time getting the taxpayer-funded loan?

Connections help:

One of Fisker’s biggest financial supporters, records show, is the California venture capital firm Kleiner Perkins Caufield & Byers. The firm financially supports numerous green-tech firms, records show.

Kleiner Perkins partner John Doerr, a California billionaire who made a fortune investing in Google, hosted President Obama at a February dinner for high-tech executives at his secluded estate south of San Francisco. Doerr and Kleiner Perkins executives have contributed more than $1 million to federal political causes and campaigns over the last two decades, primarily supporting Democrats. Doerr serves on Obama’s Council on Jobs and Competitiveness. Doerr has not replied to interview requests since March.

Former Vice President Al Gore is another Kleiner Perkins senior partner. Gore could not be reached for comment.

“Their major venture investor is Kleiner Perkins, who has Al Gore as a partner and is certainly politically connected in general,” said industry observer Sexton. “Whether that played a role or not is up to the DOE to explain.”

So, in return for some donations, Fisker receives several hundred times that in taxpayer-funded loan for a car that no one has even seen yet. Sweet deal, that. I’m sure the project was approved solely on the merits.

And I’m the King of Spain.

Read the whole thing. There’s another “green” car firm involved. Add in their loan, and were talking nearly a billion. Maybe theirs is at least “made in America.” And I wonder what all of Obama’s union buddies think of this?

“Chicago on the Potomac” doesn’t cover half of it.

via Sarah Palin

UPDATED: Sweet! Fisker’s gas-electric hybrid gets a whopping 20 miles per gallon in gasoline mode — less than the Chevy Volt! And for this we forked out more the $500 million. Way to go, President “We Got Every Decision Right!

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Barack Carter

October 20, 2011

Gee, where have I heard those words before?

It’s more than a passing resemblance.

via Steven Hayward.

(Crossposted at Sister Toldjah)


Perry on Romney: this is how you do an attack ad

October 20, 2011

Yesterday, the Romney campaign issued an attack ad obviously questioning Rick Perry’s intelligence — and then quickly pulled it back when they realized it made their guy look like a jerk.

Today the Perry campaign issued their own ad attacking Romney, and it’s a good one:

Ouch! That’ll leave a mark.

Team Romney, take notes.

Now, if only Team Perry could get their guy to actually show up at debates…

RELATED: Rick Perry 2012.

(Crossposted at Sister Toldjah)


Libya: Daffy Qaddafi dead? And the country’s future?

October 20, 2011

Let’s hope so; I can think of few people more deserving of a trip to Hell. What’s certain, though, is that his “hometown” and last major focus of resistance, Sirte, has fallen:

There are unconfirmed reports deposed Libyan leader Moamar Gaddafi has died of wounds sustained when fighters captured his home town of Sirte.

If true, his death, which came swiftly after his capture is the most dramatic single development in the Arab Spring revolts that have unseated rulers in Egypt and Tunisia and threatened the grip on power of the leaders of Syria and Yemen.

“He (Gaddafi) was hit in his head,” National Transitional Council official Abdel Majid Mlegta said.

“There was a lot of firing against his group and he died.”

Mr Mlegta said earlier Gaddafi was captured and wounded in both legs at dawn on Thursday as he tried to flee in a convoy which NATO warplanes attacked.

There was no independent confirmation of his remarks and NATO said it was still checking on the reports, which could take some time to confirm.

“We are checking and assessing the situation,” a NATO official said.

“Clearly these are very significant developments, which will take time to confirm. If it is true, then this is truly a historic day for the people of Libya.”

I’ll say it would be, if true. That sharp-dressing psychopath made the lives of most Libyans a nightmare for over 40 years and was responsible for the murder of Americans and other nationals in acts of terror. In the 70s he was a backer of the Irish Republican Army, as well as the Italian Red Brigades, the Basque ETA, and Peru’s Sendero Luminoso. While it became easy to laugh at his public buffoonery (and here’s the sad truth about his female bodyguards), let’s keep in mind that Muammar Qaddafi was a seriously evil, vile human being. If he has indeed met the fate of Saddam Hussein, Nicolae Ceaucescu, and Benito Mussolini, let no tears be shed for him.

But what of Libya’s future? This morning I caught a few minutes of Fox and Friends and watched Gretchen Carlson interview a reporter from the New York Times (sorry, can’t find a video link) and almost laughed at the man’s naivete: the Libyans were fighting for “democracy” and the “rule of law,” and that they “want the same things we do.” It was the starry-eyed “they’re just like us” argument that’s almost inevitably lead to cries of “what went wrong” a few years later.

“Just like us?” Did this reporter know of the Libyan Jew who went home to rebuild a synagogue in his old neighborhood, only to be told to flee for his life? Or how the rebels would scrawl the Star of David over pictures of Qaddafi, implying he was a Jew and thus an enemy to the Muslims?

“Just like us,” only without the religious tolerance part.

Did the reporter recall that eastern Libya, the Benghazi area, where the rebels originated, was also a hotbed for Al Qaeda recruiting? Or that at least some influential rebel commanders and their soldiers have fought for Al Qaeda? I think the “rule of law” they’re fighting for may mean something a bit different to them then it does in a Western liberal democracy. (hint: Sharia)

“Just like us,” only without that equality under the law part.

I’m not saying all the Libyan rebels are Islamists nor that there are no liberals among them; they’re not and there are. Libya may yet become a recognizable constitutional democracy instead of another Islamic hellhole. Let’s hope so, for the world would be a better place. But no one can predict a revolution’s future, and I’m not nearly so sanguine and indeed positively chirpy about Libya’s as a “sophisticated” reporter from the nation’s fish-wrap of record.

They’re not “just like us.”

RELATED: Some great photos at The Atlantic on the fall of Sirte. (via Stephen F. Hayes)

(Crossposted at Sister Toldjah)