Company Backed by Gore Gets Taxpayer Millions
|Sunday, September 27, 2009 2:45 PM |
A start-up automotive company backed by former Vice President Al Gore has been loaned more than half a billion dollars by the federal government.
According to The Wall Street Journal, Fisker Automotive Inc. has received $529 million in taxpayer money. The loan was intended to help Fikser produce a hybrid sports car to be sold in Finland.
"This is not for average Americans," Leslie Paige, a spokeswoman for Citizens Against Government Waste, told the Journal. "This is for people to put something in their driveway that is a conversation piece. It's a status symbol thing."
© Janet Crain
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