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.

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10 Comments on "Delaware taxpayers increasingly on the hook as Fisker auto plant idles"

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MKR148
Member
MKR148
January 6, 2013 8:50 am

Fisker? More like fisted!

Progressive Hemrrhoid
Member
Progressive Hemrrhoid
January 5, 2013 8:51 pm

“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.

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

“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!

Navyvet2
Guest
Navyvet2
January 5, 2013 2:56 pm

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

poppajoe49
Member
poppajoe49
January 5, 2013 9:42 pm

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

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