Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Al Gore wangled $529 million taxpayer loan for electric cars made in Finland
Coach is Right ^ | September 18, 2011 | Doug Book

Posted on 10/22/2011 2:07:45 PM PDT by Oldpuppymax

A September item from "Coach is Right" blog, just making news in the "legacy media!"

Just when you thought crony handouts of taxpayer millions couldn’t get much worse than the White House managed Solyndra debacle, along comes the story of global warming shyster Al Gore and fledgling, plug-in hybrid car maker Fisker Automotive, Inc.

In 2009, Gore happened to be at an event hosted by the California venture capital firm of Kleiner, Perkins, Caulfield and Byers. Of course, Al happened to be there because he is a PARTNER in the firm.

Well low and behold, Fisker CEO Henrik Fisker just happened to be there too and pitched Gore on the virtues of his 50 mile-per-battery-charged, $89,500 Karma luxury sedan. And Al, we are told, immediately handed Fisker a deposit for a new Karma motor car…green, probably.

For as we all know, Gore believes that “…a global shift of the automobile fleet toward electric vehicles, accompanying a shift toward renewable-energy generation, represents an important part of a sensible strategy for solving the climate crisis.” Or so Al’s spokeswoman says. Later on she’ll explain how his well publicized fleet of Chevy Suburbans and Tahoes lends itself to that sensible strategy.

Well the Wall Street Journal tells us that Gore’s venture capital firm of Kleiner, Perkins was already a big investor in Fisker Automotive.

Equally surprising and unexpected is the fact that employees of the firm had donated some $2.2 million to “political campaigns”, “…including President Barack Obama and Hillary Clinton.”

So when Fisker Automotive applied to the Department of Energy for a loan, in April of 2010 it walked away with $529 million taxpayer dollars, scored from a $25 billion fund Congress had established to help automakers meet legislative mandates for fuel economy.

(Excerpt) Read more at coachisright.com ...


TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS: algore; deptofenergy; finland; fisker; fiskersautomotive; gore; karma

1 posted on 10/22/2011 2:07:50 PM PDT by Oldpuppymax
[ Post Reply | Private Reply | View Replies]

To: Oldpuppymax

What would we do with all the money WE HAVE EARNED if there were no liberal crooks ??


2 posted on 10/22/2011 2:11:35 PM PDT by EagleUSA
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldpuppymax

Now how come this doesn’t surprise me one bit. Thanks for getting this info out!


3 posted on 10/22/2011 2:12:07 PM PDT by casinva
[ Post Reply | Private Reply | To 1 | View Replies]

To: EagleUSA
What would we do with all the money WE HAVE EARNED if there were no liberal crooks ??

Produce more wealth and enjoy life as free individuals.

4 posted on 10/22/2011 2:14:48 PM PDT by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 2 | View Replies]

Where Would You Go Without FR?


Click The Pic

Become A Monthly Donor And Never Be A Lonely Conservative Again

5 posted on 10/22/2011 2:17:35 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldpuppymax

I’m sure Al made a pant load on that deal. He is making Bernie Maddoff look like an amateur.


6 posted on 10/22/2011 2:19:22 PM PDT by The Great RJ ("The problem with socialism is that pretty soon you run out of other people's money" M. Thatcher)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldpuppymax; EagleUSA; casinva; EGPWS
...Fisker's government loans will come from a $25 billion program established by Congress in 2007 to help auto makers invest in the technology to meet a new congressional mandate to improve fuel efficiency. In June, the DOE awarded the first $8 billion from the program to Ford Motor Co., Nissan Motor Co., and Tesla, which are all developing electric cars...

2007; and just who was the patrician, noblesse oblige, meet-em'-halfway, go-along-to-get-along, RINO dips**t who signed off on that program? Like the light bulb mandate? Like the ethanol mandate? Who, I ask? Who?

7 posted on 10/22/2011 2:21:33 PM PDT by sinanju
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldpuppymax

On the Crony-Capitalistic scale this Fisker thing appears it may turn out to be one of the lesser offenses.

http://en.wikipedia.org/wiki/Fisker_Karma

Adam Carolla drives one....
http://www.youtube.com/watch?v=mQ0dkhbUQiM


8 posted on 10/22/2011 2:32:23 PM PDT by moehoward
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldpuppymax
Fisker CEO Henrik Fisker just happened to be there too and pitched Gore on the virtues of his 50 mile-per-battery-charged, $89,500 Karma luxury sedan.

I wonder how much pollution is created by the power plants providing the electricity for each recharge. Karma is right. What goes around comes around but it's going to need a recharge before it does.

9 posted on 10/22/2011 2:48:15 PM PDT by FlingWingFlyer (Stop Government Greed Now!!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sinanju

Are you thinking of the passage vote for H.R.6 in 2007?

I know McCain did not vote, yes or no, on that passage.
Who are you thinking of??


10 posted on 10/22/2011 2:57:23 PM PDT by EagleUSA
[ Post Reply | Private Reply | To 7 | View Replies]

To: Oldpuppymax

We could use a man like Calvin Coolidge again...to paraphrase Archie Bunker.


11 posted on 10/22/2011 3:03:54 PM PDT by gorush (History repeats itself because human nature is static)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldpuppymax

bttt


12 posted on 10/22/2011 4:27:26 PM PDT by Dante3
[ Post Reply | Private Reply | To 1 | View Replies]

To: FlingWingFlyer
“50 mile-per-battery-charged,”

How do you keep warm in an electric car in Finland? Unless
there is some other source of heat the battery is going to
be dead at about the end of the block.

13 posted on 10/22/2011 5:40:43 PM PDT by CrazyIvan (Obama's birth certificate was found stapled to Soros's receipt.)
[ Post Reply | Private Reply | To 9 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson