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Re: HoosierHoagie post# 125365

Saturday, 03/10/2012 5:38:26 PM

Saturday, March 10, 2012 5:38:26 PM

Post# of 397943
Same here. Maybe this will help.

Bam’s bad karma
Last Updated: 11:06 PM, March 9, 2012
Posted: 9:56 PM, March 9, 2012



The legendary test drivers at Consumer Reports this week got their hands on a $107,000 dream machine — the Fisker Karma, an electric sports car that goes zero-to-60 in the blink of an eye.

Sort of.

Trouble is, the car conked out faster than you can say “lemon.”

“We buy about 80 cars a year and this is the first time in memory that we have had a car that is undriveable before it has finished our check-in process,” noted CR, which had to call a flatbed truck to tow the brickmobile away.

It wouldn’t be much of a tale, except for one thing: The clunker was created by a company that’s been feasting on your tax dollars — specifically, a $529 million green-energy loan guarantee from Team Obama.

The Energy Department provided the loan as a prop for the failing electric-car industry, on top of a $7,500 tax credit to anyone who buys an electric vehicle.

But who’s taking that tax credit — economy-conscious middle-class families worried sick over the steadily rising price of gasoline?

Not at all: The Obama cash infusion is intended to cushion the wallets of people wealthy enough to blow $100,000 on what has turned out to be yet another green-inspired, but fundamentally defective, toy.

These are people who by no means need public subsidies.

That is, the president is redistributing wealth — to the wealthy.

Consumer Reports wasn’t the only buyer with bad Karma: Fisker has had to recall the car twice since December, after owners complained of a litany of troubles, including complete blackouts (headlights, dash and all) while driving at night.

Even more appalling, Fisker took its half-billion-dollar DOE loan — ostensibly meant to create jobs in the US — and ran with it to Finland, where it assembled its fleet with Finnish labor.

Last year, Fisker announced plans to build a new vehicle at a plant in Wilmington, Del. — but the firm just laid off 26 workers at that factory in February.

Wonder what the president thinks of all this? Obama promised 1 million electric vehicles on the road by 2015. On the other hand, he didn’t say if any of them would work.

Looks like “no” in both cases.

Read more: http://www.nypost.com/p/news/opinion/editorials/bam_bad_karma_BpieVfbSfdOD5OnZ2ksGGL#ixzz1okwU6300

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