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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Hope Praytochange who wrote (116082)	10/22/2011 12:28:51 PM
From: joseffy	Read Replies (1) \| Respond to of 224749

$529 Million U.S. Taxpayer Loan Creates 500 Jobs ? In Finland ----------Obama Green Jobs Triumph ------------------------------------------------------------------------------------------------------------------------------------------ Your Obama ripoff of the day. by John Hayward 10/21/2011 humanevents.com ABC News reports a smashing success story of Obama job creation, as a $529 million taxpayer loan to an electric car copy has produced 500 manufacturing jobs. That’s only $1,058,000 per job - far more efficient than the normal $5.6 million per job rate for Obama programs. Unfortunately, the jobs are in Finland. Oh, and the cars in question are luxury vehicles that cost $97,000 apiece. And they’re already a year behind schedule for production. And they only get 20 miles to the gallon, which is not exactly a triumph of fuel efficiency. Leonardo DiCaprio bought one. You little people will have your crack at one of these Finnish miracle wagons soon enough, however, because a bargain-priced $57,400 model will soon be available to the working poor. Power to the people, man! Was this a case of a big job-creating program snatched away to distant shores at the last moment, in a shocking betrayal of Obama’s economic genius? Nope. The jobs were never going to be in the United States. “We’re not in the business of failing, we’re in the business of winning,” explained company founder Henrik Fisker. “So we make the right decisions for the business. That’s why we went to Finland.” Smart man. The World Bank just released its annual survey of which countries are the best places to start a business. Barack Obama?’s America is not even in the top ten. How did Fiskers win this fabulous American taxpayer support for jobs in Finland? As you know, the Energy Department has a rigorous set of complex tests for “green” loans, administered with precision by a group of brilliant and completely impartial geniuses who make wonderful high-stakes “bets” with your money. In an entirely unrelated coincidence, ABC observes that “one of Fisker’s biggest financial supporters is the California venture capital firm Kleiner Perkins Caulfield & Byers?.” One of their partners, John Doerr?, is a Google billionaire and top Democrat contributor who just happens to sit on Obama’s “Council on Jobs and Competitiveness.” Oh, and Al Gore? is another senior partner in the firm. But that has nothing to do with anything. Fiskers bought an old General Motors? factory in Delaware, and they say they’ll soon be “churning out tens of thousands of electric sports sedans” there. Just wait until the wave of demand for the discounted $57,400 model hits, and the people who still have jobs after four years of Obama are driving those puppies to Wal-Mart for groceries! Those eye-popping sticker prices will surely come down from competition, as red-hot rival automaker Tesla Motors? (run by top Obama donor Elon Musk, and counting top Obama donor Steve Westly? on the board of directors) uses its own $465 million loan to pump out America's most vital product: electric cars nobody wants, except rich liberals hungry for politically correct status symbols. Except Tesla has “no experience in high-volume manufacturing of electric cars.” Also, the company “has yet to turn a profit, and suffered net losses in each quarter.” Their losses total $522.8 million so far. That’s even more than the pile taxpayer money Barack Obama gave them! “A key question, experts and investigators say, is whether another Solyndra is in the offing,” reports ABC News. Don’t be silly, ABC! At least there are actual jobs being created here. For a million dollars a pop. In Finland.