What’s Wrong With This Picture?

[Guest]

As apart of the stimulus plan, the Obama administration has lent $529 million to a startup firm backed by Al Gore. This company will use the money to build a car that will sell for $89,000. The problem is that the car will be engineered and produced in Finland! How, pray tell, does this stimulate the economy here or put Americans back to work?

Another startup will get $465 million for a car to be built in Britain and sold in the US for $109,000. Isn’t it time to find jobs for US citizens rather then sending them overseas?

http://online.wsj.com/article/SB125383160812639013.html

[Guest]

As apart of the stimulus plan, the Obama administration has lent $529 million to a startup firm backed by Al Gore. This company will use the money to build a car that will sell for $89,000. The problem is that the car will be engineered and produced in Finland! How, pray tell, does this stimulate the economy here or put Americans back to work?

Another startup will get $465 million for a car to be built in Britain and sold in the US for $109,000. Isn’t it time to find jobs for US citizens rather then sending them overseas?

http://online.wsj.com/article/SB125383160812639013.html

Great link and post BBQ !

That stimulus bill alone should have ALL OF US on guard about the small print in what this administration and congress are basically shoving down our throats. That bill was sheer mockery of the system.

[Guest]

FYI - At the bottom of the WSJ article listed under, "Related News From the Web" was this:

Fox News criticizes - and misleads viewers on - Tesla, Fisker DOE loans

Pop quiz: what country is Tesla Motors based in? England? Wrong. What about Fisker Automotive? Finland? Wrong again, but if you gave those two answers, you might be qualified to be on Fox News and criticize the Department of Energy for . . .

full article:
http://green.autoblog.com/2009/10/02/fox-news-criticizes-and-misleads-viewers-on-tesla-fisker-do?icid=sphere_wsj_teaser

[Guest]

FYI - At the bottom of the WSJ article listed under, "Related News From the Web" was this:

Fox News criticizes - and misleads viewers on - Tesla, Fisker DOE loans

Pop quiz: what country is Tesla Motors based in? England? Wrong. What about Fisker Automotive? Finland? Wrong again, but if you gave those two answers, you might be qualified to be on Fox News and criticize the Department of Energy for . . .

full article:
http://green.autoblog.com/2009/10/02/fox-news-criticizes-and-misleads-viewers-on-tesla-fisker-do?icid=sphere_wsj_teaser

Good post, HOWEVER while the company may be based in England it will be built in FINLAND !

Heck the developers are from California...you know the guys who gave over 2 million dollars to the Obama campaign !!!!