Speakeasy forum: Fisker, Gore, & Obama. Another Financial Scandal.

To add insult to injury, the cars tend to burst into flames.

tend to burst into flames?....Spontaneous combustion? Still working for the National Enquirer I see.

The car manufacturer initially recalled 50 vehicles in December 2011 because it said the hose clamps in the battery packs were improperly installed. If not corrected, this defect increases the risk of a coolant leak that could lead to a fire.

So far, Fisker says it has not received any incidents of problems that have been reported from consumers or retailers.

"tend to" BUT it hasn't happened yet.

IF you have 3 vehicles and 1 is valued at $100K...put a sprinkler system in your garage/house...you'll also save money on fire insurance.

Fisker didn't receive $529 million

Fisker was awarded $529 million in Energy Department loans to develop technology for the Karma and revamp a closed factory in Wilmington, used by the former General Motors Corp.

Fisker had drawn down about $193 million when it said in February access to the funds had been suspended.

spontaneous combustion = "tends to burst into flames"

yes, I'd say that's a pretty good equality statement there. Since nobody is setting them on fire deliberately, the concept fits.

"Fisker claims" isn't quite the same as "expert says" which disagrees with what "Fisker claims". Expert says the garage fire was caused by the Fisker car.

Thankfully someone stepped in to stop the flow of American money to this foreign based company. Doesn't change the fact of what had been previously authorized before further financial madness was averted

Fire Expert = Republican? OK, if Ziks wants to believe that. Maybe that's the place to find all sorts of experts?

...just engaging in Contrary Mary actions on replies, you'd discover that for yourself. Just take it on faith that when I say something like that in a post, you can lock it away as a fact. Hopefully that link will help you. Of course you'd actually have to clk on it, then select one of the obvious "expert" links, then actually read it.

you'll convince yourself it was squirrels in the engine compartment playing with matches.

on Hogan's Heroes.

Seems to be a common theme among certain types of electrical cars, especially those utilizing Lithium based battery technology. This is a Warren Buffett stock.

The taxi, an e6
battery-electric sedan, spun across three lanes of traffic, hit a tree
and turned into an inferno, killing all three occupants. Photos of the
blazing wreck quickly spread on the Internet in China and sent the stock
down sharply on Monday, prompting BYD to issue a long statement on
Tuesday emphasizing that no car, electric or otherwise, would have been
likely to survive such an impact. "We don't know what happened — the battery pack burned or the
high-voltage gear burned or the fabric was lit or maybe some other
reason," said Paul Lin, the company's marketing director, adding that
neither the police nor the company had determined yet whether the
high-speed impact or the ensuing fire caused the deaths.

The point is that we are guaranteeing loans for a company in a foreign country. Who gives a rat's a** about one fire and it's cause? It's just another type of corporate welfare, only this time it's the Democrats and we don't even get the resulting jobs. The last time, it was Republicans giving bailouts to foreign banks.They both do it.

Every time we create another program, there's a well connected business person lined up to line his/her pockets, or a university lined up to do another useless study. It was Solyndra, but I can promise you that there were equally stupid wastes of money during the Republican administration.

Texas created a huge program for cancer research. It's been a couple of years now and now some well connected person is getting some big grant to develop a for profit cancer drug. They submitted an 8 page proposal and got millions. Of course, they were big contributors to the people who appointed the people who made the award.

Wake up and smell the roses, people. As long as we're sniping at each other over a single car fire, we aren't looking at the big picture. We're getting screwed and not even getting kissed.

which assures one of a govt approved monopoly on any invention for a number of years. We have venture capitalist who carefully seek out the best new industries to invest in. What we don't need are government monkeys and their self serving gibbons wasting taxpayer money.

a bucket of KFC or a Denny's breakfast a wise investment, rather than buying some laying hens for the same price. He doesn't know what a real investment is. He doesn't understand what a market is. He's still trying to find those 7 other states that he's sure are part of the United States. Someone should tell him we hid them, LOL.

between consumption and investments.

and most of then had to do with trusting what Democrats were telling him regarding Fannie/Freddie, the housing bubble ready to burst (Frank who is an idiot by any stretch of the imagination and Clinton who pushed banks into lending home loans and the inital 'spread the wealth/fairness' of home ownership to unqualified people ), Wall Street tumbling (Geithner who was 'overseeing' Wall Street in NY and Bernake and Greenspan who didn't take his own advice to get an ARM when he had the opportunity even though he kept telling people that ARMs were safe and good loan deals), TARP bank bailouts, etc.


I think for me personally one of the biggest slap in the face to the private worker jobs was the auto bailout where deals were cut to save all those union jobs at the expense of the non-union sector jobs at the thousands of dealerships that were forced to close and the parts stores that were then affected that closed their doors for lack of those dealership customers.....not to mention the billions that GM still owes but brags about their 'comeback' profits. Or don't you see this as a complete waste of money at taxpayer expense along with Cash for Clunkers and Cash for Caulkers and 'green' energy garbage that winds up costing multi-millions PER job that might be created?

save all those union jobs at the expense of the non-union sector jobs

You think you've had your faced slapped?...Just wait till this fact hits YOUR neck of the woods.

Noting a Mexican autoworker makes $5.22 an hour, with no benefits, Mr. Buckley added, "We can't race to the bottom."

There's non-union for you.

about what other countries' relationships are with their workers

and then you say

did you know that most Mexican workers can't even own their own businesses? They are paid to work at businesses that are owned by the government, including the tourist vendors on the beaches.

What do you care(give a rat's ass) about Mexican workers?

You don't care(give a rat's ass) about Canadian workers, but you do about Mexican workers?...

I am devastated. I thought we were your best friend.

(give a rat's ass) It's fun saying that, I'm going to do it more often.