Delaware taxpayers increasingly on the hook as Fisker auto plant idles. Fisker sounds like Finnish for the f-bomb. It sure looks like Delaware got Fiskered to us. They’ve also Fiskered the US Government out of $193 million in loan guarantees. Sounds like a 4 wheeled Solyndra.

{ 10 comments… read them below or add one }

Navyvet2 January 5, 2013 at 2:56 pm

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Not as bad as they got Fiskered when they elected Joe “I’ll have another” Biden.

poppajoe49 January 5, 2013 at 9:42 pm

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You sure that wasn’t “Thank you sir, may I have another”?

Bonfire of the Absurdities January 5, 2013 at 3:27 pm

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“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.”

Not a good roll for the gubbermint but a great roll for the politicians. If it works out, the pol is a hero (on someone else’s dime, but he/she/it gets the credit.) If it fails (as it usually does) the loss goes into the black hole of gubbermint spending, never to be seen again even though taxes will rise in the aggregate. Both the failure and the rise in taxes will be blamed on someone/something else.

Private capital invests their OWN money carefully based on realistic probabilities of profitable return. Pols invest OPM recklessly because return is irrelevant, it’s all about getting the suckers to VOTE FOR ME!

Progressive Hemrrhoid January 5, 2013 at 8:51 pm

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“Dear Leader” and that asshat Stephen Chu sure know how to pick some real winners. Can’t hep but wonder how many millions got re-bundled for “Dear Leader’s” multi-billion election.

CO2Insanity January 5, 2013 at 9:37 pm

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Chu is from Berkeley, need anyone know more?

Not so silent January 6, 2013 at 12:15 am

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No one is actually from Berkeley, they just stop there to get high and steal shit and then split.

poppajoe49 January 6, 2013 at 5:47 am

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And perfect their liberal stupidity.

flashingscotsman January 6, 2013 at 9:30 am

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I can throw rocks at Berkeley from here.

You know, that doesn’t sound like such a bad idea.

poppajoe49 January 6, 2013 at 4:52 pm

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I need to come visit you.
You have all the good games!

MKR148 January 6, 2013 at 8:50 am

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Fisker? More like fisted!