At roughly 1 million per job, Obama shows his business savvy. The cars being made are extremely pricey. Sure to sell boat loads! From Solyndra to Fisker and everything in between. What a joke. Sorry for misspelling Finland!
Re: Obama creates 500 new jobs, in Findland http://nymag.com/daily/intel/2011/10/obama_fisker_finland_jobs.html Yawn.
Re: Obama creates 500 new jobs, in Findland A taboo has been broken. Grogtank is the first neg rep Ive ever given. Findland? This guy reminds me of my sister in law who watches nothing but Fox and thinks Fast and Furious and Solyndra are the major stories of the day.
Re: Obama creates 500 new jobs, in Findland Ned rep me over a spelling error? Bit harsh that. Finland. Happy now?
Re: Obama creates 500 new jobs, in Findland A move on the Fiat version of Yugo or just a VP round-up...
Re: Obama creates 500 new jobs, in Findland Forgive me, but have you seen the car? Sweet ride, but why is the DOE subsidizing high-end luxury cars that will never be part of the solution to any energy problem, much less ours, and much less a car built in Finland?
Re: Obama creates 500 new jobs, in Findland Grog mad. Ned rep him. Grog hate Ned. Grog go, 'grrrrrr.'
Re: Obama creates 500 new jobs, in Findland I'll trust the ABC story for now. Hopefully this isn't another blown wad of tax payer money like Solyndra.
Re: Obama creates 500 new jobs, in Findland But it makes sense that high-end (and likely high-margin) luxury vehicles are where we might see more innovation AND returns that are more long-term. I don't know, I'm not into VC or business loans, so I'm just guessing here. Anyway, here's the DOE press release: http://energy.gov/articles/fisker-tesla-and-american-auto-innovation So it seems that they've brought in enough capital to comfortably service the loan. So don't worry Grogtank! It looks like the the controversy over the loan might have been a bit overblown!
Re: Obama creates 500 new jobs, in Findland This is a gosh darn tootily positive, constructive contribution to BigSoccer!
Re: Obama creates 500 new jobs, in Findland If you've got info about Fins making high-end break throughs with our money I'd love to see it. Otherwise it seems this loan might do yet more damage to the DOE's green efforts: Could Fisker Karma's Low MPGs Hurt DoE Car-Tech Loan Program? Seems schmucks like you and I are funding the production of high end toys for the people OWS are protesting against. I wonder how that Occupy Helsinki movement is going?
Re: Obama creates 500 new jobs, in Findland But you're missing the point. Most of the manpower was in the US, and the loan money was spent entirely in the US. I see what you're getting at, but I think you're missing the point of both OWS and these "green" loans. Yes, the OWS folks wouldn't like government money subsidizing toys for 1%ers. Except for a company like this, the meat of their business is in the R&D, not the manufacturing. And a big part of their beef with Wall Street is that investment is an activity that creates little value beyond itself, and the one service that does provide value - loans - isn't happening enough. On the other hand, a company like this is providing jobs in manufacturing, engineering and industrial design, and the hope is that it will develop innovations that will benefit the whole industry.
Re: Obama creates 500 new jobs, in Findland Do you really believe any of this? The Fins don't have magic technology, nor do the few American engineers they hired to qualify for these stimulus bucks. We were taken for a ride and yet we still don't get to drive in the fancy Fin[d]ish car. This is just more money pissed under the green bridge.
Re: Obama creates 500 new jobs, in Findland Honestly, I don't enough to really make a defense. I just find the hysteria of OMG WE SPENT GUBMINT MONEY TO CREATE 500 FINNISH JOBS to be a tad bit overblown and intellectually dishonest, and your invoking OWS to be misguided.
Re: Obama creates 500 new jobs, in Findland Here's what you need to know: 1. The car is high dollar, no I mean really high dollar, so high dollar that people like you and I could never afford one even if we win the lottery. 2. Its gas mileage is comparable to an SUV 1 + 2 = This green investment is neither green, nor an investment. But then it's only taxpayer money so who cares, right?
Re: Obama creates 500 new jobs, in Findland Yeah, I agree with TPH. What's the point y'alls are trying to make? It's incoherent.
Re: Obama creates 500 new jobs, in Findland If you and TPH want to pick winners and losers then use your own money, not mine. Obama wants to pick winners and losers, but he only seems to pick losers.... with political ties.
Re: Obama creates 500 new jobs, in Findland you are a perfect example of short-term thinker who can't see beyond his own horizon. you probably also think that basic research is a waste of public money. I mean, what good do a bunch of atoms quickly flying around a circle only to smash into each, right?
Re: Obama creates 500 new jobs, in Findland Well, with standards like that, it's obvious you won't be voting for Rick Perry!