In war, you can only be killed once, but in politics, many times.

- Winston Churchill

Gimme Gimme

Why bother having to sell an idea to the open market when you can just get what you want by currying favor with government:

Fisker Automotive, a California manufacturer of luxury electric vehicles, will receive more than $500 million in federal loans to develop a plug-in hybrid sports car with a sticker price of nearly $90,000 and a new plug-in hybrid vehicle to be built in the United States.

The Energy Department said Tuesday it would lend $528.7 million to Fisker from a $25 billion fund to develop fuel-efficient vehicles, making the Irvine, Calif., startup the fourth automaker to receive loans from the program. The government awarded $8 billion in loans to Ford Motor Co., Nissan Motor Co. and Tesla Motors Inc. in June to develop environmentally friendly cars.
[Read]

This is why you pay taxes, right?

You know we are already bankrupt, right?

This is a joke, and we are the punchline.

posted at 16:38:28 on 09/22/09 by clearpolitics - Category: Economics - [Permalink]

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