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(Fox News)   Hurricane Sandy may have savaged Delaware's beaches, but it took the one-two punch of Hurricanes Biden and Obama to visit the financial devastation of the failed Fisker electric car plant upon the taxpayers who live there   (foxnews.com) divider line 113
    More: Sad, Fisker Automotive, Biden, Delaware, obama, A123 Systems, government bonds, senior senator, beaches  
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8456 clicks; posted to Main » on 03 Jan 2013 at 3:20 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



113 Comments   (+0 »)
   
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2013-01-03 02:17:00 PM
What the hell is subby biatching about now?
 
2013-01-03 02:25:07 PM

Lando Lincoln: What the hell is subby biatching about now?


An empty building isn't empty any more, but it isn't making cars because - surprise! - making cars can be hard if you don't have institutional experience.

In other words, businesses fail - it's pretty common - but because subby presumably has an ax to grind, it's the evil democrats and their corporate welfare at fault.

Of course, mention similar programs by members of the GOP and it's all about the (potential) jobs that were killed by an anti-business environment
 
2013-01-03 02:27:40 PM
This headline made me realize I haven't seen meow said the dog around here in a while.
 
2013-01-03 02:53:29 PM
This makes the Chevy Volt look like a resounding success.

When libs pick winners and losers, union thugs win and taxpayers lose, every time.
 
2013-01-03 03:22:28 PM
Yeah, I don't guess it's reasonable to allow the FREE MARKET to pick the winners and losers, is it?

Sarcasm switched to full throttle
 
2013-01-03 03:22:32 PM
That headline made my head hurt.
 
2013-01-03 03:23:50 PM
Are Freepers writing the headlines now?
 
2013-01-03 03:23:56 PM

QueenMamaBee: That headline made my head hurt.


Exactly. I'm running slow today so I read it like 3 times. I was still like whhaaaaaa?
 
2013-01-03 03:24:08 PM
tl;dr: What Fox News is saying:

kukis.org
 
2013-01-03 03:24:10 PM

stratagos: Lando Lincoln: What the hell is subby biatching about now?

An empty building isn't empty any more, but it isn't making cars because - surprise! - making cars can be hard if you don't have institutional experience.

In other words, businesses fail - it's pretty common - but because subby presumably has an ax to grind, it's the evil democrats and their corporate welfare at fault.

Of course, mention similar programs by members of the GOP and it's all about the (potential) jobs that were killed by an anti-business environment


That's nice and the sun may explode.... someday.
 
2013-01-03 03:25:11 PM
its early problems were largely related to such technical issues as steering

I'm not automotive engineer, but that could be important.
 
2013-01-03 03:25:34 PM
Mitt Romney and Paul Ryan doesn't like that Obama uses the government to pick which industries win and which industries lose, and Jon Stewart looked at just why it's a problem last night on The Daily Show. Turns out, it's a philosophical issue. Government money shouldn't be going into specific industries like green energy companies.

So where should money go? You know, technology and science research, Pell grants, infrastructure. Wait, hold on. "That's picking winners and losers!" Stewart said. "Investing in roads, rails, and air traffic is saying yes to cars, trains, and planes but f**k the bicycles. It may be a good decision but it's still picking winners and losers, and the government has always done that."

Every decision government makes picks winners and losers, Stewart said. But maybe Romney and Ryan don't think we should have picked winners and losers in World War II. Stewart goes dark: "Unlike them, I'm glad we beat Hitler."
 
2013-01-03 03:25:41 PM
Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.
 
2013-01-03 03:25:59 PM
So the government made a loan to a US car maker, which includes provisions to get the money back in the case of a bankruptcy, and somehow, Republicans are outraged.
 
2013-01-03 03:26:03 PM
less Fox Noise and more real news sources on fark please.
 
2013-01-03 03:27:17 PM
FTA:

"Fisker opened for business in 2007, and its early problems were largely related to such technical issues as steering and emissions.

Read more: http://www.foxnews.com/politics/2013/01/03/delaware-taxpayers-increasi ngly-on-hook-as-fisker-auto-plant-idles/#ixzz2GwjAWILa"


What kind of emissions problems can you have on electric vehicles?

WTF?
 
2013-01-03 03:27:18 PM
SOURCE = INVALID
 
2013-01-03 03:27:21 PM
Also, Fiskers seem to go all kaboom when you submerge them.
www.blogcdn.com
 
2013-01-03 03:27:23 PM
I was at the Delaware Beaches (Dewey) for New Years and the beach itself was just fine. The whole town (elevation 1.5 feet) seemed to be up and running.
 
2013-01-03 03:28:07 PM
Oh I get it..... Fisker Criff
images3.wikia.nocookie.net
 
2013-01-03 03:28:07 PM

MrSteve007: Republicans are outraged.


redundancy is redundant................
 
2013-01-03 03:28:12 PM
Wait...people live in Delaware?
 
2013-01-03 03:28:58 PM
Fox News chooses this to be the Sandy outrage du jour, instead of the asinine denial of relief by Congress.

/Real 'Murika, as brought to you by a British Billionaire and a Saudi Prince.
 
2013-01-03 03:29:17 PM

Leopold Stotch: I was at the Delaware Beaches (Dewey) for New Years and the beach itself was just fine. The whole town (elevation 1.5 feet) seemed to be up and running.


I will hopefully be spending time there this summer. Maybe moving there if i get a job at the school district there.
 
2013-01-03 03:29:34 PM

twistofsin: FTA:

"Fisker opened for business in 2007, and its early problems were largely related to such technical issues as steering and emissions.

Read more: http://www.foxnews.com/politics/2013/01/03/delaware-taxpayers-increasi ngly-on-hook-as-fisker-auto-plant-idles/#ixzz2GwjAWILa"

What kind of emissions problems can you have on electric vehicles?

WTF?


The Fisker has a turbocharged gasoline generator. The batteries only take it a couple dozen miles before it kicks in. The electric motors put out nearly 500 ft.lbs of torque to the wheels though.
 
2013-01-03 03:29:47 PM
As a Delaware taxpayer, I'm OK with this.
 
2013-01-03 03:30:01 PM
img.getglue.com
 
2013-01-03 03:30:30 PM

Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.


You give him too much credit. He'd wind up sticking his finger up some dog's butt
 
2013-01-03 03:31:43 PM

twistofsin: What kind of emissions problems can you have on electric vehicles?


It was a hybrid, Fisker sourced the motor from GM and did a Volt style thing. What ultimately did Fisker in was they tried to take components optimized for fuel saving and make it performance. An analogy would be if say you owned a Prius and one day went out and bolted the turbocharger off a sports car to the Prius. Bad things would happen. Fisker felt they had the knowledge needed to solve those bad things, they didn't.

/I know some ex GM employees who applied for Fisker and were met with an attitude of "No, no, you're some loser from a Michigan auto company. Use silicon valley folk will solve this." Turns out they actually did need some mechanical engineers with auto experience on staff
 
2013-01-03 03:32:07 PM

stratagos: Lando Lincoln: What the hell is subby biatching about now?

An empty building isn't empty any more, but it isn't making cars because - surprise! - making cars can be hard if you don't have institutional experience.

In other words, businesses fail - it's pretty common - but because subby presumably has an ax to grind, it's the evil democrats and their corporate welfare at fault.

Of course, mention similar programs by members of the GOP and it's all about the (potential) jobs that were killed by an anti-business environment


GUBMINT EBIL! CORPRATION GUD!
 
2013-01-03 03:32:08 PM
I was at Rehoboth the week after the storm and took some pictures of the "damage" looked fine to me. But that plant sounds like a boondoggle with a serious lack of leadership.
 
2013-01-03 03:32:15 PM
Just what Delaware needed, a double fisking.
 
2013-01-03 03:33:13 PM
So, a company gets money from the Advanced Technologies Vehicle Manufacturing Loan Program to develop an advanced technology vehicle and then has the money halted for not meeting milestones. That seems like it is exactly as it is supposed to work.

The state paid to get the plant to locate there. That happens all the time with many industries and is entirely the state's problem.
 
2013-01-03 03:33:47 PM
They meant well, so it's all good.
 
2013-01-03 03:34:25 PM

BunkoSquad: This headline made me realize I haven't seen meow said the dog around here in a while.


MSTD is actually funny, though.
 
2013-01-03 03:34:51 PM
HOPE!
CHANGE!

(hope and change registered trademarks and may not apply to america. Continued clapping and chanting 'I do believe in fairies' can be a better alternative. keep sending your tax money and we'll keep doing as we see fit. Remember, we are for the little guy. And that's you, dumbass)
 
2013-01-03 03:34:55 PM
It's a good thing that none of our old, tried and true technologies deliver massive failures like this.

lh5.ggpht.com
 
2013-01-03 03:35:49 PM

Fluorescent Testicle: BunkoSquad: This headline made me realize I haven't seen meow said the dog around here in a while.

MSTD is actually funny, though.


NO MSTD is NOT actually funny. KIDNEY STONES are funny compared to MSTD.
 
2013-01-03 03:37:18 PM
Whenever I read headlines like this one, I take comfort in the apparent fact that eventually Republicans will become so utterly stupid they'll forget how to breathe.

/hurry up, evolution!
 
2013-01-03 03:38:46 PM

Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.


Very true. At this rate, the successes are only three times greater than that off most other businesses. Obama is truly a failing monster!
 
2013-01-03 03:40:47 PM
It's really fun to watch the greasy, unwashed, Republi-copies come in here and try to shiat all over America.
 
2013-01-03 03:41:14 PM
Clearly we must raise taxes.
 
2013-01-03 03:41:19 PM
"Fisker" is a silly thing to brand an automobile with.
 
2013-01-03 03:41:19 PM
I saw a Fisker Karma not too long ago. Slick cars. I'd buy one if I had the jack.

Not sure what the point of the headline is, but with the Fox News logo next to it I'll just assume it's written in Derpanese and ignore it.
 
2013-01-03 03:42:00 PM
Well, it sure is nice to see all our old conservative friends back after y'all went MIA right after the election.

Superjew: Whenever I read headlines like this one, I take comfort in the apparent fact that eventually Republicans will become so utterly stupid they'll forget how to breathe.


Just have Obama issue a pamphlet declaring the proper way to breathe ("in, out. repeat as needed") and they'll stop doing it voluntarily just out of spite.
 
2013-01-03 03:43:19 PM
Hey, they did that to Wisconsin, too. Fortunately the governor is running a surplus and can handle the hit. Imagine that, a SURPLUS. Suck it, IL.
 
2013-01-03 03:43:29 PM
Another government boondoggle. But let's debate the more important issue which is what letter follows their name.

/as if it makes any difference.
 
2013-01-03 03:44:04 PM

ArcadianRefugee: Just have Obama issue a pamphlet declaring the proper way to breathe ("in, out. repeat as needed") and they'll stop doing it voluntarily just out of spite.


I'd pay Obama to hold a press conference about the dangers of tying plastic bags around one's own head.
 
2013-01-03 03:44:27 PM

limeyfellow: Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.

Very true. At this rate, the successes are only three times greater than that off most other businesses. Obama is truly a failing monster!


wait, I thought he was do nothing, under-qualified, empty suit? Oh, I see, it's Thursday
 
2013-01-03 03:50:07 PM

Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.


Republican logic:

1. If the government tries to help a business, but the business fails, then the government is evil.

2. If the government does nothing to help a business, and the business fails, then the government is evil.

3. If the government tries to help a business, and the business succeeds, then then business succeeded in spite of the government, because bootstraps....and the government is evil.
 
2013-01-03 03:50:41 PM
Electric Karma's gonna get you
 
2013-01-03 03:51:43 PM
I'm OK with this, and here's why.

Alternative energy needs to be on the table. Every aspect of our way of life is tied up with abundant cheap energy. Right now fossil fuels are the only game in town, especially in the transportation sector, which is huge.

Ensuring a steady supply of energy is in the national interest.

We can argue about the exact amounts, but fossil fuels are finite. Demand for them is skyrocketing.

There is little market incentive at present for alternative energy. Fossil fuels are still relatively cheap, and provide good economic return. The market will not turn to alternative energy until the price of fossil fuels gets a lot higher, at which point it will be too late to make a major switch.

Yeah, there's going to be failures, slow development, dead ends, etc. The private market won't bear those. Fine. Let's bear those costs as a nation, and keep that ball rolling.

Government regularly invests in things that the nation needs but lack sufficient private marketization. Vaccines, roads, etc.
 
2013-01-03 03:52:09 PM
"This is never a good roll for the government -- corporate welfare," said Paul Chesser, an associate fellow at the conservative-leaning National Legal and Policy Center. "Let the market put up the money, not the taxpayer."

I'm opposed to corporate relocation tax breaks because it picks winners and losers.

That's why I'm a Republican!
 
2013-01-03 03:52:22 PM

muck4doo: They meant well, so it's all good.


Right! It's absolutely the only business in America last year with problems! And only because the government helped them out!
 
2013-01-03 03:53:13 PM

easypray: Mitt Romney and Paul Ryan doesn't like that Obama uses the government to pick which industries win and which industries lose, and Jon Stewart looked at just why it's a problem last night on The Daily Show. Turns out, it's a philosophical issue. Government money shouldn't be going into specific industries like green energy companies.

So where should money go? You know, technology and science research, Pell grants, infrastructure. Wait, hold on. "That's picking winners and losers!" Stewart said. "Investing in roads, rails, and air traffic is saying yes to cars, trains, and planes but f**k the bicycles. It may be a good decision but it's still picking winners and losers, and the government has always done that."

Every decision government makes picks winners and losers, Stewart said. But maybe Romney and Ryan don't think we should have picked winners and losers in World War II. Stewart goes dark: "Unlike them, I'm glad we beat Hitler."


What industriy(ies) have Obama & Biden picked that have been winners?
 
2013-01-03 03:53:46 PM

BunkoSquad: This headline made me realize I haven't seen meow said the dog around here in a while.


Or EnviroDude...

We need more of those guys to keep fark interesting. Too bad nobody took them seriously, and they were labelled trolls.
 
2013-01-03 03:55:36 PM
skreened.com
 
2013-01-03 03:55:53 PM
WTF does Obama have to do with this. This is a deal between the State and Fiskar.

/why would you loan a scizzor company that much jack anyway?
 
2013-01-03 03:56:49 PM
I nominate that headline for a Worst Headline Razzie award. I feel a little bad about it though because submitter obviously worked so hard on it.
 
2013-01-03 03:57:31 PM

twistofsin: What kind of emissions problems can you have on electric vehicles?

WTF?


Hybrid cars have gas engines too.
 
2013-01-03 03:58:23 PM
The only green part about government funding for green energy is the green US dollar bills.
 
2013-01-03 03:59:12 PM

MrSteve007: So the government made a loan to a US car maker, which includes provisions to get the money back in the case of a bankruptcy, and somehow, Republicans are outraged.


It is a day ending in Y, so the Republicans are outraged.
 
2013-01-03 03:59:18 PM
Interestingly enough, DeLorean Motor Company was bidding on this entire plant too. Except their plans were to keep it open and producing Kappa cars badged as DMC's all while keeping jobs in place as well as generating taxes.

http://image.motortrend.com/f/we-hear /delorean-solstice-company-dream i ng-about-a-kappa-revival-tour/25403432 %20w527%20st0/new-delorean-kappa -solstice.jpg
 
2013-01-03 04:01:22 PM

bikerific: I'm OK with this, and here's why.

Alternative energy needs to be on the table. Every aspect of our way of life is tied up with abundant cheap energy. Right now fossil fuels are the only game in town, especially in the transportation sector, which is huge.

Ensuring a steady supply of energy is in the national interest.

We can argue about the exact amounts, but fossil fuels are finite. Demand for them is skyrocketing.

There is little market incentive at present for alternative energy. Fossil fuels are still relatively cheap, and provide good economic return. The market will not turn to alternative energy until the price of fossil fuels gets a lot higher, at which point it will be too late to make a major switch.

Yeah, there's going to be failures, slow development, dead ends, etc. The private market won't bear those. Fine. Let's bear those costs as a nation, and keep that ball rolling.

Government regularly invests in things that the nation needs but lack sufficient private marketization. Vaccines, roads, etc.


More importantly, Delaware does not have a well-diversified jobs base, and manufacturing jobs in particular have taken a nosedive here in the last two decades (see below BLS chart of in-state manufacturing jobs, 1993-2012). Putting us on the hook for a $9m investment in sustainable industry is worth the potential loss, and I'd support expanding the program to other industries as well. Besides, the government loses money on "bad bets" every day -- just ask a republican what he's doing with his federally-subsidized student loan...

data.bls.gov
 
2013-01-03 04:01:30 PM

Albert911emt: Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.

Republican logic:

1. If the government tries to help a business, but the business fails, then the government is evil.

2. If the government does nothing to help a business, and the business fails, then the government is evil.

3. If the government tries to help a business, and the business succeeds, then then business succeeded in spite of the government, because bootstraps....and the government is evil.


Not to mention that it's evil to try. The only good path is the one that's been worn down by years of use, even if that path eventually leads to a bad place.
 
2013-01-03 04:03:23 PM
Is Curt Shilling.
 
2013-01-03 04:05:30 PM

WTFDYW: WTF does Obama have to do with this. This is a deal between the State and Fiskar.

/why would you loan a scizzor company that much jack anyway?


Federalism. Do you speak it, motherfarker?
 
2013-01-03 04:09:42 PM

Claude Ballse: Interestingly enough, DeLorean Motor Company was bidding on this entire plant too. Except their plans were to keep it open and producing Kappa cars badged as DMC's all while keeping jobs in place as well as generating taxes.

http://image.motortrend.com/f/we-hear /delorean-solstice-company-dream i ng-about-a-kappa-revival-tour/25403432 %20w527%20st0/new-delorean-kappa -solstice.jpg


That would have been cool but I guess it's not "green" enough...

As someone who was born in Delaware and still works here, I just had a feeling this deal was gonna go south...
 
2013-01-03 04:16:59 PM

Albert911emt: Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.

Republican logic:

1. If the government tries to help a business, but the business fails, then the government is evil.

2. If the government does nothing to help a business, and the business fails, then the government is evil.

3. If the government tries to help a business, and the business succeeds, then then business succeeded in spite of the government, because bootstraps....and the government is evil.


The GOP does believe Government can help industry, just as long as its an industry that gives lots of cash to the GOP, like, for example, fossil fuels or agriculture.
 
2013-01-03 04:18:18 PM
Government funded experimental technology has been the driving force the last 50 years.

It spawns all kinds of spin-offs and start ups.

Yes, some fail. But the risk/reward is far to great to pass up.
 
2013-01-03 04:20:15 PM

ltdanman44: Government funded experimental technology has been the driving force the last 50 years.

It spawns all kinds of spin-offs and start ups.

Yes, some fail. But the risk/reward is far to great to pass up.


Pfft. What has going to the Moon ever done for us?!
 
2013-01-03 04:22:59 PM

Leopold Stotch: ltdanman44: Government funded experimental technology has been the driving force the last 50 years.

It spawns all kinds of spin-offs and start ups.

Yes, some fail. But the risk/reward is far to great to pass up.

Pfft. What has going to the Moon ever done for us?!


TANG
 
2013-01-03 04:28:24 PM

Albert911emt: Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.

Republican logic:

1. If the government tries to help a business, but the business fails, then the government is evil.

2. If the government does nothing to help a business, and the business fails, then the government is evil.

3. If the government tries to help a business, and the business succeeds, then then business succeeded in spite of the government, because bootstraps....and the government is evil.


I guess we can worship the other side of the coin and have the feds invest in businesses that wouldn't be self sustaining without someone holding them up. Artificial capital production and no or little demand is always a way for a business to thrive. If a business can't even find venture capitalists, that's telling you something right there. I always find it funny people cry when someone questions businesses that get several millions dollars to just build a product without a market established for it. I guess people forget when you had several large established companies that started out selling very small and without federal millions being injected to them earlier in our nation's history. 1900's boot strap logic just muddies the waters of 2000's start-up logic though so lets look the other way and shell out tax payer funding for teetering or failing businesses.
 
2013-01-03 04:43:53 PM
woot
 
2013-01-03 04:47:05 PM
Why would the GOP/FNC have a problem with the failure of a company that makes commie/liberal/homo cars that don't have a hemi?
 
2013-01-03 04:54:23 PM
sub.allaboutcircuits.com

All I need is some funding.....a hundred million would do it. All of my,....um...OUR problems would be over.

/invest in crap...don't be surprised when the result is .....crap
 
2013-01-03 05:02:56 PM

mjones73: Claude Ballse: Interestingly enough, DeLorean Motor Company was bidding on this entire plant too. Except their plans were to keep it open and producing Kappa cars badged as DMC's all while keeping jobs in place as well as generating taxes.

http://image.motortrend.com/f/we-hear /delorean-solstice-company-dream i ng-about-a-kappa-revival-tour/25403432 %20w527%20st0/new-delorean-kappa -solstice.jpg

That would have been cool but I guess it's not "green" enough...

As someone who was born in Delaware and still works here, I just had a feeling this deal was gonna go south...


Given that the tried-and-true Fortune 500 formula is 'Incorporate in Delaware and put your actual business anywhere but Delaware', I'd say that feeling comes easily.
 
2013-01-03 05:05:22 PM

easypray: Mitt Romney and Paul Ryan doesn't like that Obama uses the government to pick which industries win and which industries lose, and Jon Stewart looked at just why it's a problem last night on The Daily Show.


Interesting, considering that the Daily Show did not air "last night", nor any night this week.
 
2013-01-03 05:14:00 PM
Sounds like a lot of bad "Karmas."

\\\ Aisle seat, please.
 
2013-01-03 05:14:55 PM

vernonFL: union thugs


DRINK!
 
2013-01-03 05:19:45 PM

AcneVulgaris: "Fisker" is a silly thing to brand an automobile with.


I have to agree. It's a pair of scissors. Don't associate your car with an office supply.
 
2013-01-03 05:30:07 PM

Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.


You really wanna go with that line this close to the previous elections?
 
2013-01-03 05:30:27 PM

Tailgunner Joe: [sub.allaboutcircuits.com image 465x307]

All I need is some funding.....a hundred million would do it. All of my,....um...OUR problems would be over.

/invest in crap...don't be surprised when the result is .....crap


All you need is some of that Rearden Metal to go with the Galt's Motor you just drew, and soon you'll have the libertarian paradise dreamed of by Ann Rand.
 
2013-01-03 05:31:57 PM

ltdanman44: Government funded experimental technology has been the driving force the last 50 years.


Government funded experimental technology has been the driving force of progress for 5,000 years.
 
2013-01-03 05:37:21 PM

RabidJade: Albert911emt: Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.

Republican logic:

1. If the government tries to help a business, but the business fails, then the government is evil.

2. If the government does nothing to help a business, and the business fails, then the government is evil.

3. If the government tries to help a business, and the business succeeds, then then business succeeded in spite of the government, because bootstraps....and the government is evil.

I guess we can worship the other side of the coin and have the feds invest in businesses that wouldn't be self sustaining without someone holding them up. Artificial capital production and no or little demand is always a way for a business to thrive. If a business can't even find venture capitalists, that's telling you something right there. I always find it funny people cry when someone questions businesses that get several millions dollars to just build a product without a market established for it. I guess people forget when you had several large established companies that started out selling very small and without federal millions being injected to them earlier in our nation's history. 1900's boot strap logic just muddies the waters of 2000's start-up logic though so lets look the other way and shell out tax payer funding for teetering or failing businesses.


Yeah, you have no idea how a business is started is this era, do you? I see you also mention government money going to small businesses as bad, but there is no mention of government monies going to established companies.
 
2013-01-03 05:39:25 PM
Karma's a biatch.
 
2013-01-03 05:55:25 PM
You gonna get fisked.
 
2013-01-03 05:58:54 PM

MrSteve007: twistofsin: FTA:

"Fisker opened for business in 2007, and its early problems were largely related to such technical issues as steering and emissions.

Read more: http://www.foxnews.com/politics/2013/01/03/delaware-taxpayers-increasi ngly-on-hook-as-fisker-auto-plant-idles/#ixzz2GwjAWILa"

What kind of emissions problems can you have on electric vehicles?

WTF?

The Fisker has a turbocharged gasoline generator. The batteries only take it a couple dozen miles before it kicks in. The electric motors put out nearly 500 ft.lbs of torque to the wheels though.


Wow. So it was an electric car, but had a turbocharged gas engine with emissions problems and the government thought it was a green machine worthy of half a billion dollars? That's even worse than when Energy Star approved the gas-powered alarm clock. Link

assets.inhabitat.com
 
2013-01-03 07:00:43 PM

Leopold Stotch: ltdanman44: Government funded experimental technology has been the driving force the last 50 years.

It spawns all kinds of spin-offs and start ups.

Yes, some fail. But the risk/reward is far to great to pass up.

Pfft. What has going to the Moon ever done for us?!


Health and medicine
1.1 Light-emitting diodes (LEDs)
1.2 Infrared ear thermometers
1.3 Ventricular assist device
1.4 Artificial limbs
1.5 Invisible Braces
1.6 Scratch-resistant Lenses
Transportation
2.1 Aircraft anti-icing systems
2.2 Highway safety
2.3 Improved radial tires
2.4 Chemical detection
Public safety
3.1 Video enhancing and analysis systems
3.2 Fire-resistant reinforcement
3.3 Firefighting equipment
Consumer, home, and recreation
4.1 Temper foam
4.2 Enriched baby food
4.3 Portable cordless vacuums
4.4 Freeze drying
Environmental and agricultural resources
5.1 Water purification
5.2 Solar energy
5.3 Pollution remediation
Computer technology
6.1 Structural analysis software
6.2 Remotely controlled ovens
6.3 NASA Visualization Explorer
6.4 Space Race Blastoff
Industrial productivity
7.1 Powdered lubricants
7.2 Improved mine safety
7.3 Food safety

And that is just from N.A.S.A alone
 
2013-01-03 07:20:08 PM

wearetheworld: Hey, they did that to Wisconsin, too. Fortunately the governor is running a surplus and can handle the hit. Imagine that, a SURPLUS. Suck it, IL.


Surplus in fraud, deficit in jobs - all courtesy of a Walker-created deficit.

Ohioans did the right thing by rejecting a bill that was more strict than Wisconsin, and we're doing fine. The world didn't end, the state stayed solvent, and a political power grab was repudiated.  Most importantly, people actually got jobs that weren't connected to the political apparatus that was installed in 2010!
 
2013-01-03 07:23:30 PM

vernonFL: This makes the Chevy Volt look like a resounding success.

When libs pick winners and losers, union thugs win and taxpayers lose, every time.


Aren't those union thugs taxpayers?

I'm so confiused...
 
2013-01-03 07:52:15 PM
farking capitalism, how does it work?
 
2013-01-03 07:54:58 PM
I'd love to go back 6 or 7 years for a minute just to see how much all the farkers hated the government. With lord Obammy in there they can do no wrong...hypocrites
 
2013-01-03 08:00:09 PM
The government should not be allowed to give away public funds to businesses. That's bullshiat.
 
2013-01-03 08:09:04 PM

publikenemy: I'd love to go back 6 or 7 years for a minute just to see how much all the farkers hated the government. With lord Obammy in there they can do no wrong...hypocrites


While your back there you may want to ask about the energy efficiency act of 2003, energy policy act of 2005, and energy independence act of 2007. Where some of these thing originate such as taking away your freedom bulbs.
 
2013-01-03 08:36:18 PM
Dehurrrr..

Yay for NOBama!!

Ha suckers, you voted for him, you got him. Good luck.
 
2013-01-03 08:45:27 PM

limeyfellow: Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.

Very true. At this rate, the successes are only three times greater than that off most other businesses. Obama is truly a failing monster!


Umm, what has been a success? Failure after failure costing billions of dollars so far. I think you mean if something doesn't explode in failure and cost hundreds of millions, it is a success?
 
2013-01-03 09:04:03 PM
This calls for higher Delaware taxes to get this Fisker biatch up and running! When there's an inherent problem in a special-interest business model, the government should throw other people's money at it 'till the dang the works (or they run out of other people's money -- whatever)!
 
2013-01-03 09:16:45 PM

Rapmaster2000: "This is never a good roll for the government -- corporate welfare," said Paul Chesser, an associate fellow at the conservative-leaning National Legal and Policy Center. "Let the market put up the money, not the taxpayer."

I'm opposed to corporate relocation tax breaks because it picks winners and losers.

That's why I'm a Republican!


... but corporate welfare for highly profitable industries like oil is good?
 
2013-01-03 09:24:03 PM
I failed to comment on the journalist who can't spell a 4 letter word, but it is a Fox site ...
 
2013-01-03 09:26:36 PM

Gentoolive: Obamer picks another loser, what a surprise. If that moron tried to pick his nose, he'd put his eye out.


Good God that was weak. 1/10, only for spelling "moran" incorrectly.
 
2013-01-03 09:31:26 PM

ParaHandy: Rapmaster2000: "This is never a good roll for the government -- corporate welfare," said Paul Chesser, an associate fellow at the conservative-leaning National Legal and Policy Center. "Let the market put up the money, not the taxpayer."

I'm opposed to corporate relocation tax breaks because it picks winners and losers.

That's why I'm a Republican!

... but corporate welfare for highly profitable industries like oil is good?


I love that, corporate welfare. A made up term for made up crap. Liberals are dumb things.
 
2013-01-03 10:10:27 PM

Thunderpipes: ParaHandy: Rapmaster2000: "This is never a good roll for the government -- corporate welfare," said Paul Chesser, an associate fellow at the conservative-leaning National Legal and Policy Center. "Let the market put up the money, not the taxpayer."

I'm opposed to corporate relocation tax breaks because it picks winners and losers.

That's why I'm a Republican!

... but corporate welfare for highly profitable industries like oil is good?

I love that, corporate welfare. A made up term for made up crap. Liberals are dumb things.



you sound tired.
 
2013-01-03 10:40:12 PM
It's Fox News...So it's semi-fiction.
 
2013-01-04 12:07:27 AM
It's amazing how little Republicans and Libertarians seem to know about how things work, how much they hate trying anything new (especially when it's going to be vital some day), and still biatch and cry about Obama no matter what the subject is.
 
2013-01-04 12:54:16 AM

bikerific: I'm OK with this, and here's why.

Alternative energy needs to be on the table. Every aspect of our way of life is tied up with abundant cheap energy. Right now fossil fuels are the only game in town, especially in the transportation sector, which is huge.

Ensuring a steady supply of energy is in the national interest.

We can argue about the exact amounts, but fossil fuels are finite. Demand for them is skyrocketing.

There is little market incentive at present for alternative energy. Fossil fuels are still relatively cheap, and provide good economic return. The market will not turn to alternative energy until the price of fossil fuels gets a lot higher, at which point it will be too late to make a major switch.

Yeah, there's going to be failures, slow development, dead ends, etc. The private market won't bear those. Fine. Let's bear those costs as a nation, and keep that ball rolling.

Government regularly invests in things that the nation needs but lack sufficient private marketization. Vaccines, roads, etc.


WHY DO YOU HATE CAPITALISMWHARGBLE?!?
 
2013-01-04 02:06:34 AM

publikenemy: I'd love to go back 6 or 7 years for a minute just to see how much all the farkers hated the government. With lord Obammy in there they can do no wrong...hypocrites


You suck at trolling
or are a complete moron
or both
 
2013-01-04 03:05:58 AM

vernonFL: This makes the Chevy Volt look like a resounding success.

When libs pick winners and losers, union thugs win and taxpayers lose, every time.


The Chevy Volt is a resounding success. GM sold triple the amount last year that they projected.
 
2013-01-04 03:08:55 AM

twistofsin: FTA:

What kind of emissions problems can you have on electric vehicles?

WTF?


Offgassing.
 
2013-01-04 09:36:03 AM

RabidJade: I guess we can worship the other side of the coin and have the feds invest in businesses that wouldn't be self sustaining without someone holding them up. Artificial capital production and no or little demand is always a way for a business to thrive. If a business can't even find venture capitalists, that's telling you something right there. I always find it funny people cry when someone questions businesses that get several millions dollars to just build a product without a market established for it. I guess people forget when you had several large established companies that started out selling very small and without federal millions being injected to them earlier in our nation's history. 1900's boot strap logic just muddies the waters of 2000's start-up logic though so lets look the other way and shell out tax payer funding for teetering or failing businesses.


CSB time: Look up Mid America Brick, which is located in Mexico, Missouri. Mexico and the surrounding area used to be a huge manufacturer of fire brick for use in steel kilns and the like, but since the steel industry in the US has died off (thanks, Reagan), most of the brick refractories in the area have closed, including AP Green in Mexico. Now, an entrepreneur who used to work at AP Green took a look at the shuttered plant and thought that he could refit a lot of the equipment into making house brick instead of fire brick. The problem was the plant was huge and falling apart, he couldn't afford to ramp up to either a modernized production system or the massive workforce necessary to use the inefficient manufacturing gear that was there, and while he had the knowledge and business savvy to run the plant, he didn't have the capital.

Well, hat in hand, he goes to the venture capitalists and they tell him to get farked, because there weren't any assets that could secure any sort of loan and the idea of making bricks in central Missouri was apparently completely ridiculous and would never work. So, instead, he applied for government small business loans, government loans designed to encourage the manufacturing sector, and local government subsidies to be able to afford the property. In the last two years, the plant has been refurbished into a completely modernized high capacity brick line that operates in the guts of the old refractory - it's reusing a vacant industrial facility, it's operating more efficiently than the old brick plant, and it's brought jobs back to the area. This is a perfect example of the government helping out a business where venture capital failed.
 
2013-01-04 09:45:47 AM

ltdanman44: Leopold Stotch: ltdanman44: Government funded experimental technology has been the driving force the last 50 years.

It spawns all kinds of spin-offs and start ups.

Yes, some fail. But the risk/reward is far to great to pass up.

Pfft. What has going to the Moon ever done for us?!

Health and medicine
1.1 Light-emitting diodes (LEDs)
1.2 Infrared ear thermometers
1.3 Ventricular assist device
1.4 Artificial limbs
1.5 Invisible Braces
1.6 Scratch-resistant Lenses
SNIP
Industrial productivity
7.1 Powdered lubricants
7.2 Improved mine safety
7.3 Food safety

And that is just from N.A.S.A alone


That's the joke.
 
2013-01-04 12:18:49 PM

cretinbob: publikenemy: I'd love to go back 6 or 7 years for a minute just to see how much all the farkers hated the government. With lord Obammy in there they can do no wrong...hypocrites

You suck at trolling
or are a complete moron
or both


He is 100% right.

Every single gigantic government spending idea Obama has, you guys fall in love with. You don't care about deficits, debt, or the fact nothing he has done has helped the economy. Obama can do no wrong.
 
2013-01-05 04:03:26 AM

Thunderpipes: cretinbob: publikenemy: I'd love to go back 6 or 7 years for a minute just to see how much all the farkers hated the government. With lord Obammy in there they can do no wrong...hypocrites

You suck at trolling
or are a complete moron
or both

He is 100% right.

Every single gigantic government spending idea Obama has, you guys fall in love with. You don't care about deficits, debt, or the fact nothing he has done has helped the economy. Obama can do no wrong.


If that's the case, then both sides ARE bad. I haven't seen Republicans do shiat about deficits, debt, or the economy either. They've actually done everything the could to make it worse because "The number-one job is to make Obama a one-term president"- McConnell. And since they lost that battle, they're doubling down on their bullshiat.

Romney thought that allowing rich people to not pay taxes would magically create jobs, destroying PBS would magically fix the deficit, and that starting a war with Iran would magically save Israel. Is that kind of delusion really what you wanted, Thunderpipes?
 
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