From Ken Anderson:

Hi Mark,

Check out this story on the DOE funding the Fisker Karma electric car.

ABC misrepresents the loan, implying, in its video report, that the money’s
going to Finland. As their own article makes clear (way down at the end),
the money will be used to build the plant in Delaware.

Nonetheless, there are some edifying quotes here that relate directly to
the decades of disinvestment and deindustrialization by US corporations:

Vice President Joseph Biden heralded the Energy Department’s $529
million loan to the start-up electric car company called Fisker as a bright
new path to thousands of American manufacturing jobs. But two years after
the loan was announced, the company’s manufacturing jobs are still limited
to the assembly of the flashy electric Fisker Karma sports car in Finland.

“There was no contract manufacturer in the U.S. that could actually
produce our vehicle,” the car company’s founder and namesake told ABC
News. “They don’t exist here.”

“We’re not in the business of failing; we’re in the business of winning. So
we make the right decision for the business. That’s why we went to Finland.”

Ahh, the New New American Century. The US can build the most sophisticated
aerial robot death-machines on the planet, but cannot build an electric car.

By the way, if you’ve never seen “Who Killed the Electric Car,” check it
out. Excellent doc, and must see teevee.


Car Company Gets U.S. Loan, Builds Cars In Finland

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