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Chris Wysocki
Caldwell, NJ
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Wankers.
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Thursday, 03 January 2013
Another Obama Green Jobs success story: Delaware taxpayers on the hook for failed Fisker plant
In 2009 VP Joe Biden touted it as a sure-fire way to create 2,500 green jobs. Today the Fisker Automotive plant in Wilmington, Delaware sits idle. But its bills keep on piling up. And thanks to crackerjack Obama Administration planning, Delaware taxpayers are ultimately on the hook.
Delaware taxpayers appear to be getting soaked twice under a deal in which the Democratic governor loaned $21.5 million to a hybrid electric carmaker to set up shop in the state. The company has yet to produce a car in Delaware, and taxpayers are footing the electric bill for the idle plant.
The deal was enthusiastically announced in 2009 by Gov. Jack Markell and Vice President Biden -- formerly Delaware's senior senator -- as a way to bring as many as 2,500 green jobs to the state. But California-based Fisker Automotive Inc. has since suffered a series of setbacks that have compounded its shaky financial situation.
Delaware reportedly has paid at least $400,000 in utility bills since about April, when Fisker halted operations and laid off dozens of workers at the 142-acre, Wilmington-area facility. Markell staffers told The News Journal the payments are part of the grant deal and necessary to at least keep Fisker's small-scale operation on life support.
When are these Green Dreamers gonna realize that it's the taxpayer who's on "life support"?
Fisker's success was dependent on batteries from another Obamunist failure — A123 Systems — the remnants of which were recently bought up by the ChiComms at fire sale prices. No A123? No Fisker.
But not even the Chinese are dumb enough to buy out Fisker. Nope. Only a bunch of fellers like the Obama Administration, who've never actually owned a Real Business in their lives, would put their money on something so ridiculous.
Except of course, it isn't actually their money. It's ours.
Flushed down the Green Jobs toilet. Aren't you glad they just raised
your taxes to pay for this shit?
Posted at 21:21 by Chris Wysocki
[/agw]
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