Not even ABC News could overlook the obvious parallels between layoffs today at Fisker Automotive and another spectacular, high-profile failure of the Obama administration’s “green energy” push. Solyndra, which received a $535 million loan guarantee from the government, wasn’t a total loss; someone found a way to salvage the company’s inventory for an art exhibit. Fisker isn’t a museum piece yet, but things aren’t looking good.

Sarah Palin wants the American public to see red over the administration’s latest “green” failure. In a Facebook post today, she urged Americans to elect only those “who understand and will let America’s marketplace dictate economic successes.”

The Anaheim, CA-based start up has failed at pretty much every level – especially when it comes to the company’s ultra expensive luxury electric hybrid, the Karma (what a name!), which is assembled in Finland and received a green-energy loan to transition the assembly to the U.S., something that never happened.

This is really just the latest manifestation of the administration’s crony capitalism as their green energy buddies benefit from this atrocious waste of taxpayer money. Americans really need to get outraged by these wasteful ventures. As we’ve seen time and time again, We the People are always stuck subsidizing the left’s “losers.”

But … how could Fisker fail? Not only was it hand-picked by the administration; only a year ago, Justin Bieber himself declared the Karma “swaggy.”

Maybe it’s time to admit that “a little swag” is no predictor of future success.


Sharyl Attkisson tweets about fiscal-stimulus recipient A123 Systems

My dogma just ran over your karma

  • Cory

    Final we is actually I nice car. I test drove one the other day. Just couldn’t bring myself to plop down six figures, especially on an American made car.

    • Adi

      I can’t quite figure your English, but I assume you know this car was made in Finland.

      • silverzone

        yep, we actually dump our money for a car that been assemble in Finland. I wonder if overprice Tesla is the next in line. That company been bankrupted before.

      • E Quilibrate

        OH! my mistake, I didn’t realize it was english.

  • RightThinking1

    My favorite remains Beacon Power, where the product literally disintegrated.., along with smoke and flying debris. Taxpayer dollars, up in smoke.

  • Scott Carroll

    Golden parachute anyone? The ones with the “Obama for America” logo on them come with a $200 million rebate.

  • Rusty Shackleford

    So an electric car company that took OUR money lays off the real working folks, but somehow manages to keep it’s caviar-guzzling execs. And Obama “supports” the working class?!? Did someone put LSD in my beer or something?

    • trixiewoobeans

      Yeah…no. Fact is stranger than fiction with this bunch, and they’re REALLY GOOD with fiction!

    • SideshowJon36

      Those execs can donate a lot more to Obama and the Democrats. If they lose their jobs, well, then they’ll have less money to donate to Obama and the Democrats

  • arttie

    Bad karma anyone?

    • TheOriginalDonald

      In Southeast Asia we’d call this kind of thing bad karma-Mark Rumsfield (Bruce Dern), The “Burbs

  • Spatial Awareness

    Ah….. Cold, Hard, Truth…. ==>

    • Craig Jacobs

      I’m as fiscally conservative as anyone, but Tesla by all accounts is doing a pretty good job, and they are pretty much 100% made in California. And they are on track to repay the DoE loan 5 years early. I’m 100% against corporate welfare, but I support loans to US companies that employ people here, build here and pay the loans back with interest. Romney was wrong to call out Tesla. For those of us that actually know what’s going on it make him look like an uninformed buffoon. Anyone that knows about physics, energy densities, efficiencies, etc knows that the future is in electric everything. As a proponent of _good_ science and a patriot, I _want_ companies like Tesla to be successful in the US.

      • Spatial Awareness

        Tesla???!!!!! That only makes what… three models?? Two which are COMPLETELY impractical for the average American family….. With a starting price of “$500.00 a month”, that prices how many families out of the market????? Yeah…. ok…… I’m glad they’re “successful” for the target audience….. the 1%. You go for it. I’ll pass.

        P.S. Tesla gets ZERO “pats on the back” for paying back the Taxpayers. That is their obligation.

        • Craig Jacobs

          You have the kind of logic that make conservatives look like luddite buffoons, just like your buddy Romney, who in my book simply didn’t suck as bad as Obama, but he sucked pretty damn bad. You have no idea what you’re even talking about. Firstly Tesla makes one model. The Model S. It seats 5 and goes 200+ miles on a charge. It costs about $600/month nicely equipped. That is hardly impractical, and hardly for the “1 percent” – I see families all the time in Mercedes, BMW and Porsche SUVS and cars – are those also impractical? You have, apparently, zero idea of how new technology products are brought to market, and how long it takes to build markets, ramp up manufacturing and infrastructure. Do you know how much a 5 megabyte hard drive cost in 1983? about $1,500 (or $3,800 in 2013 dollars) My iBM PC cost me close to $7,000 in 1983. Without all the government contracts we would not be close to where we are with computer and network technology. (You know, that stuff you use to complain about the government?) Now everyone has a phone that has a few hundred times the power and cost a couple hundred dollars. A great majority of the things you enjoy are a direct result of government spending on defense. But I suppose you’re OK with $2 billion dollar B2 bombers, huh? Actually I am too – I’d much prefer that the government spent money smartly on defense, infrastructure and technology rather than handing over entitlements to the 47%.

          I will go for it. I’m in line to get one of these. $600 a month for a car that won’t cost me $3,000+ a year in fuel costs, has basically zero maintenance means that that $500 a month is comparative to less than $400/month. That’s basically nothing.

          • Spatial Awareness

            Did I push your shite in too hard with my comment??? Poor little cupcake…
            It took you 4 whole hours to think up this diatribe. You lefties are so predictable when someone else disagrees with you….. And the name calling makes your argument so much more valid. Thank you for sharing.

          • Spatial Awareness

            Did I push your sh!te in too hard with my comment??? Poor little cupcake…
            It took you what…. 4 whole hours to think up this diatribe. You lefties are so predictable when someone else disagrees with you….. And the name calling makes your argument so much more valid.
            Thank you for sharing.

          • Craig Jacobs

            I’m farther to the right than you probably. I just happen to understand engineering, science and economics and can actually think instead of spewing an ideologically programmed knee jerk-reaction. And no, it took me about 3 minutes. Unlike you I was _working_ all day – I don’t have all day to read uneducated drivel. Anyway, nice argument. Can’t argue the facts, need to hurl insults instead. Me telling you that you don’t know what you’re talking about isn’t an insult, BTW, it’s demonstrably true based on your post.

          • Spatial Awareness

            “We have a winner. When you can’t argue, spew insults. -Craig Jacobs”

            Cupcake…. I’m really not that “into” you…. Feel free to run along now. #TwitchyStalker

          • alanstorm

            “Without all the government contracts we would not be close to where we are with computer and network technology.”

            You just demonstrated a complete lack of understanding. I doubt your science and engineering credentials.

            Yes, many things have been developed based on government-sponsored research – so what? DARPA did a lot of the basic research on the internet – but it wasn’t until the web started to be used by business that it took off.

            “Anyone that knows about physics, energy densities, efficiencies, etc knows that the future is in electric everything.” Sorry, you fail. Show me a battery with the energy density of gasoline and we’ll talk. We can use electricity for many things, but transportation, other than niche use, isn’t ready for prime time yet.

    • Craig Jacobs

      I’d also like to point out that most of these loans happen under the Energy Independence and Security Act of 2007 (EISA).

  • BigTBoom

    And it’s all because of the sequester… oh yeah, and the republicans.

    • Adi

      And poir uneducated me thought it is about the King Messiah and His financial genius.

      • Brett McMicken

        he has the anti-midas touch

        • Adi

          Get ready for His Awesomeness’ brain mapping initiative. It will be just as successful as His other genial ideas.

          • BigTBoom

            You’d think that doctors in the realm of neurology would have already pursued this prior to His grand initiative…

        • RightThinking1

          Obama appearing at a plant opening, and touting the jobs that it will create, is the kiss of death. The workers may as well head on down to the unemployment office.

          It is on par with The Gore Effect

          • PatriotRG

            there is no difference between , unemployment office , top heavy education departments , fisker , solindra, obamas dog walker etc etc , the tax payer pays for them all.

      • Brian H (wackobird)


    • liberalssuck

      and do not forget Bush,lol!!

  • Maxx

    How many losers does this make now? Apparently, few “redistribute” failure like the organizer.

    If history is any indication, I wouldn’t trust this fella to run a Dick’s Sporting Goods, let alone pick winners and losers in the “exotic cars that need to be plugged in” category.

  • Gary Rudick

    Meanwhile the technology that exists to make fossil fuel super efficient sits unused in 1 or 2 prototypes and a handful of do-it-yourselfers…the human race is hopeless.

    • peteee363

      yes, the market should dictate any innovation, not teh won!

    • Craig Jacobs

      citation required.

    • E Quilibrate

      How can you characterize a group as a “race” when they’fe so damn slow.

    • oconnellc

      Where are these prototypes? Who are the do-it-yourselfers? Are you implying that the free market isn’t bringing these guaranteed winners to the public? Isn’t there some enterprising young mind out there who will be attracted by the riches he deserves by starting a company and selling this technology? Do you mean to imply that the government should be financing this somehow and that it will never make it to the public unless Obama gets behind it?

  • Steve_J

    Bieber didn’t have that much confidence in the company he spelled the name with a small “f” and not a capital “F”.

  • jebjr

    Our gov’t should not be in the business of businesses, neither investments or bailouts. Too big to fail is a fairy tale. If a business has a poor business model and/or poor management and it fails, so be it. If a business finds that it needs an influx of capital and cannot find any private sector investors, what in the world makes gov’t. bureaucrats think that such an investment would be a good idea for our taxpayer money? Duh….take a hint.

    • trixiewoobeans

      Well, remember the story of the government taking over and running a Nevada brothel…and going bust? If you screw up selling whiskey and sex…you’re hopeless!

  • silverzone

    $100k electrical car. I could of predicted this at the start. Ppl who can afford 100k dont mind to spend $100.00 to fill their Range Rover tank with gas. At this point only reason to buy electrical or hybrid is to save money at the pump.

    • Rob

      Even I could never have predicted massive direct funding for a luxury electric car! I can only hope the people who made that call thought that the budget was found at the end of a rainbow… otherwise they’re just completely irrational.

    • peteee363

      toyota make a mildly successful prius, and with zero dollars of our money to prop them up. i do not like lawnmowers on the roads, but at least that lawnmower is not responsible for bankrupting us.

      • TugboatPhil

        And did you notice that one of the first companies the O administration went after in 2009 was Toyota? What happened to all those “uncontrollable” cars? There were around only as long as they were useful to him, kind of like the sexual harassment “victims” of Herman Cain.

        • Miss Clairee

          And when the Sandy Hook tragedy is no longer useful for Obama’s agenda, he’ll forget all about those victims as well!

    • Craig Jacobs

      it’s not even an electric car – it’s a hybrid. That’s even worse.

  • Nesta Callahan

    I would like to know just when is the President of the U.S.A. going to ride in his new “Electric car? And the vice president and all of the other workers for the ELECTRIC car?

    • peteee363

      i am also waiting for them to fly in the new solar powered air force one!

  • Kate

    So they got millions in US dollars to build…in FINLAND?

  • George Murrey

    How nice, the only one left are senior execs. I wonder how much these people are getting for sitting around, going to high priced restaurants, then come back and sit around some more. All on our dime. Shades of Solyndra and other failed companies we, the taxpayer, funded. This is the mantra of the not so smart admin. I wonder if they follow the insanity rule, keep doing it over and over again to see if the results will change.

  • JR48

    Yeah who could forsee the death of a luxury electric car company during ‘these tough economic times’? Cynically LMBO…

    There is only a small percentage of people who could afford this sort of vehicle anyway. Of that tiny number, only a tiny percentage would risk buying a potential lemon. I’m wasn’t an econ major but the odds of that working out would be pretty much ZERO.

    MORE billions down the drain. Great job, POTUS!

  • GaryTheBrave

    Fisker. Aren’t they the company that makes those orange-handled scissors?

    • TugboatPhil

      Well it’s actually Fiskar that makes those, and might I add that they are Awesome scissors!

      • peteee363

        and they don’t leave you stranded on the side of the road!

      • GaryTheBrave

        Okay, so the company that makes scissors has “kar” in their name but the company that makes cars does not. Agree, though, with your endorsement of the scissors.

    • E Quilibrate

      Yes, but I think they changed one letter in their name to avoid embarassment.sarc

  • NCRelite

    I have a buddy that worked for Fisker, no joke. He told me that they always paid top dollar for parts and typically shipped everything red label overnight. I guess when it’s not your money you don’t care how much you’re wasting. Anyway I guess he saw the writing on the wall and he accepted a job offer from GM (Government Motors)

  • Craig Jacobs

    Fisker is a Elon Musk wannabe.

  • TocksNedlog

    Looks like Madam Speaker was right; we DON’T have a spending problem.

    We have a flushing-it-down-the-loo problem.

    • trixiewoobeans

      No, no, no. They spend…no problem!

  • TocksNedlog

    Hey, I just thought up a brilliant idea: Let’s sell high-end, overpriced luxury vehicles — during a recession!

    • E Quilibrate

      You always provide such timely input.

    • trixiewoobeans

      Can anybody say, “DeLorean”?

  • J.N. Ashby

    I mean, to be fair, the Fisker is pretty cool looking, as much as I hate to be in league with Justin Bieber on anything. Still…but Socialism works! Right, guys!?


    Every time Obummer tries to force us to pay taxes for a company to support, it goes bankrupt.

    At least the libturds are slowly waking up to that.

    • trixiewoobeans

      Maybe they would, if it got reported.

  • Scott Killeen

    NO….Get mad at giving Muslim Brotherhood $1.5 Billion +++. At the least the Fisker money was used here in the USA and it’s change next to money wasted on countries that hate us!

  • tomstur

    100 hundred dollars may seem to be a lot of money to you poe fock but its not their money being wasted for crony scams its oh ya yours.Sorry for your loss tax payers.

  • Mark James

    American’s are outraged. It’s the media that’s covering it up.

  • tomstur

    Its called drainage of our economic reservoir. Squeeze profit producing business dry and simultaneously bankroll a market not even close to its affordability by the consumer destroying our G.N.P. potential even further. How many ways can we spell out treason.

  • $18912735

    “…government-backed hybrid sports car maker…”

    Um… yeaaaaahhhh. That was never going to end well…

  • cscape

    Rush was right…… Low-Info-Voter nation will only get OUTRAGED over something stupid, such as El Presidente dissing Beyonce for going to Havana!

  • oconnellc

    I looked, but couldn’t find any mention on Twitchy about the thousands of barrels of oil that Exxon is leaking on us again. Weird that Michelle Malkin would pick this day, of all days, to call out the ‘loser’ investments in green energy.

    Let me translate anything that Michelle Malkin has ever said or ever will say, in case some of the people who follow her weren’t sure:
    Michelle Malkin: Hey, all you fucking sheep out there! Buy my book!