Monday, September 28, 2009

An Inconvenient Truth: Tiny Car gets Big Bucks from Big Gov Benefitting Big Al

Company Backed by Gore Gets Taxpayer Millions

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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