Green Tesla Motors: Another day another Solyndra

Pajamas Media ^ | 17 October, 2011 | Richard Pollock

[longtermmemmory]

The federal government subsidized passenger ships for a while. that is until the private sector did it faster and better AND it could not be denied.

This is about bankrupting us so we can’t defend our borders.

[Hoodat]

Thanks for the link. Here's an interesting item:

[Karma] Production is scheduled to start in December, with about 15,000 vehicles a year expected to hit the U.S. market starting next June. Many of the 1,500 people who have made deposits on the Karma are former BMW and Mercedes owners who want an environmentally friendly car without sacrificing luxury, Mr. Fisker said.

So 1,500 people put up cash in advance on cars that have not even gone into production, yet they still got a half-billion dollar loan? Good to know that this Administration is taking the taxes of the 99% to subsidize production of a luxury car that only the 1% can afford. Are the OWS idiots aware of this?

[NautiNurse]

Interesting, indeed. Thanks for highlighting the Obama administration hypocrisy.

This story should be front and center along with Solyndra and the rest of the taxpayer theft during the 2012 election campaign.