Posts Tagged ‘Fisker Karma’


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SOL Stimulus Anniversary


Wednesday March 19th, 2014   •   Posted by K. Lloyd Billingsley at 8:15am PDT   •   0 Comments

The media love anniversary stories, but last month the fifth anniversary of President Obama’s stimulus package slipped by without much fanfare. Taxpayers might recall how, in 2008, spending on the order of $800 billion was urgently called for and delivered. But it failed to stimulate much economic growth. In the last three months of…
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Bad Karma Explodes Government Fisker Fiasco


Wednesday November 7th, 2012   •   Posted by K. Lloyd Billingsley at 9:43am PST   •   10 Comments

Among her many devastations, Hurricane Sandy swamped the port of Newark and managed to submerge 16 Fisker Karma electric hybrid automobiles, which then caught fire and exploded. Fisker could not explain the sudden combustion, not the first problem for the company touted by President Obama, and which received federal loan guarantees of $529 million…
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Another U.S. Government “Green” Corporate-Welfare Failure, This Time via Finland


Saturday December 31st, 2011   •   Posted by David Theroux at 6:39pm PST   •   9 Comments

Christopher Jensen reports in the New York Times on yet another disaster from the massive U.S. corporate-welfare (i.e., pork) for “green” cars, this time luxury vehicles for the uber-rich: Fisker Automotive is recalling all 239 of its 2012 Karma luxury plug-in hybrid cars because of a fire hazard, according to a report filed with the…
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