Each electric Fisker car cost US taxpayers $557,000, Company now nearly bankrupt

Musk made the comment Tuesday at a summit on energy innovation, where he appeared on stage with Energy Secretary Steven Chu and defended the Obama administration's clean energy program. Originally Posted by WTF

What else would he say? LOL!

Thats great for everyone, they must be building a product that they can sell profitably. I'm glad some companies that received govt money are, and repaying the loan. There have been many, too many, others that have failed and taken our money with them.

If I remember correctly, Iaccoca did the same thing with Chrysler back in 1983, to the tune of $350 mil.
Yep here it is http://uspolitics.about.com/od/econo...lerBailout.htm

So, CBJ7, Obama should be given a pass for handing out the money, because that is what Bush would have done. Good thinking. True Obamatic response.

You know, you should try thinking for yourself sometime. You might enjoy it. Originally Posted by CuteOldGuy

you should try reading sometime..

bush passed the legislation, the loan application was processed when bush was in office, Obie had just taken office when the DOE handed Fiskar the $$, he honestly had nothing to do with Fiskar, just like Fact check said and youre too dense to comprehend.

Obamatic Obamatron yada yada yada .... you should get some new material old man, your senile side is showing.

If I remember correctly, Iaccoca did the same thing with Chrysler back in 1983, to the tune of $350 mil.
Yep here it is http://uspolitics.about.com/od/econo...lerBailout.htm Originally Posted by Chica Chaser

Ronnie Regan gave out money? Nooooooooooooooooooooooo, not Sir Ronnie.

We both know they all make political contributions to get these loans!!!

Well, once again it appears that bullshit seems to reign supreme in a thread. Perhaps there is a legitimate reason the link from the OP was DELETED rather than archived from the website. Given the fact that the only authors I can find on that website are one individual, and "editor", perhaps the article which was cut and pasted is a lie? One has to wonder.

Its too bad...with a big V8 or V12 gasoline engine it would be an awesome car

Originally Posted by Chica Chaser

Yeah but it doesn't. It's an electric car with about as much power as an Oreck Vacuum Cleaner.

Well, once again it appears that bullshit seems to reign supreme in a thread. Perhaps there is a legitimate reason the link from the OP was DELETED rather than archived from the website. Given the fact that the only authors I can find on that website are one individual, and "editor", perhaps the article which was cut and pasted is a lie? One has to wonder. Originally Posted by chefnerd

In the age of NDAA and CISPA, you immediately think what was posted must have been a lie, since it was deleted. What does that say about what remains on the internet?

Ronnie Regan gave out money? Nooooooooooooooooooooooo, not Sir Ronnie.

Originally Posted by WTF

No, the act was signed into law by President Carter on January 7, 1980. It provided $1.5 billion in bailout funds for Chrysler Corporation. Ronnie collected it in 83.

Well, once again it appears that bullshit seems to reign supreme in a thread. Perhaps there is a legitimate reason the link from the OP was DELETED rather than archived from the website. Given the fact that the only authors I can find on that website are one individual, and "editor", perhaps the article which was cut and pasted is a lie? One has to wonder. Originally Posted by chefnerd

Bullshit reigns supreme? Really?

How about from The AP then, that old bastion of conservative journalism?
http://bigstory.ap.org/article/tesla...doe-loan-early

I believe the thread is about Fisker. So why do you bring an article about TESLA? Don't recall any mention of them here.

No, the act was signed into law by President Carter on January 7, 1980. It provided $1.5 billion in bailout funds for Chrysler Corporation. Ronnie collected it in 83. Originally Posted by Chica Chaser

Well what about .... Continental Illinois National Bank and Trust Company in 1984 for $9.5 billion.

Well what about .... Continental Illinois National Bank and Trust Company in 1984 for $9.5 billion.

Originally Posted by WTF

Well he had to spend the Chrysler money somewhere.

Well he had to spend the Chrysler money somewhere. Originally Posted by Chica Chaser

That was a bailout....ole Ronnie bailed out banks, imagine that, free market king Ronnie bailing out banks....sounds familiar doesn't It! :-)

Here is a pretty good detail about the history of the company.

Fisker Car History