The Other McCain

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‘Billions and Billions and Billions’: Biden Has No Comment on Fisker Failure

Posted on | April 6, 2013 | 15 Comments

“This is seed money that will return back to the American consumer in billions and billions and billions of dollars of good new jobs.”
— Joe Biden, Oct. 27, 2009

“With the help of UAW lobbying efforts for advanced vehicle manufacturing and federal dollars, the plant will become a production facility for Fisker Automotive, a new American car company that plans to produce 100,000 electric hybrid vehicles per year by 2014.
“GM’s former Wilmington [Delaware] assembly plant was selected for its primary global production facility based on its size, production capacity, access to shipping ports and rail lines, and skilled workforce.”
— United Auto Workers, February 2010

“Once again, the American public lost when the Obama administration attempted to pick ‘winners and losers’ in the free market. Today the electric car company Fisker Automotive, which received nearly $200 million in taxpayer money, is laying off three-fourths of its U.S. workers.”
— Sarah Palin, April 5, 2013

When Democrats piss away taxpayer money on useless boondoggles, they always do so while proclaiming their noble intentions, and the credit they get for their good intentions is sufficient to excuse their failures in the eyes of media stooges who consider it a career duty to help elect Democrats. It was therefore a rare moment in October 2011 when ABC News reported that Fisker — the company that Biden declared would bring automaking jobs back to Delaware — had instead pocketed its taxpayer-subsidized federal loans and was building cars in Finland:

But two years after the loan was announced, the company’s manufacturing jobs are still limited to the assembly of the flashy electric Fisker Karma sports car in Finland.
“There was no contract manufacturer in the U.S. that could actually produce our vehicle,” the car company’s founder and namesake told ABC News. “They don’t exist here.” . . .
Fisker Automotive, backed by a powerhouse venture capital firm whose partners include former Vice President Al Gore, predicts it will eventually be churning out tens of thousands of electric sports sedans at the shuttered GM factory it bought in Delaware.

Friday, we got the inevitable denouement:

Green Jobs: Taxpayer-Funded Fisker
Will Lay Off 75% of Workforce

Really, this is a drop in the bucket, compared to the “punch to the gut” unemployment situation, for the simple reason that Fisker never employed many Americans: Its U.S. workforce was only 200 people, of whom 160 got laid off Friday.

Twitchy is on the story, as are William Teach at Right Wing News, Rick Moran at American Thinker, Paul Swansen at Liberty News and the Washington Free Beacon. Yet when we consider the laudatory media fanfare that accompanied Biden’s 2009 promise of “billions and billions and billions of dollars of good new jobs” for his UAW buddies in Delaware, it’s strange to notice how the usual suspects of liberal journalism show no interest in following up on the story. Has anyone in the White House press corps bothered asking the obvious question?

Not that Joe Biden could actually answer any such questions — the man is a complete ignoramus about economics — but why won’t the media at least ask these questions, and get his stupid self-serving excuses on the record? Well, heaven forbid that the media should ever be honest enough to acknowledge that Sarah Palin was right . . .

 

Category: Economics, Environmentalism, Joe Biden, Sarah Palin

Comments

15 Responses to “‘Billions and Billions and Billions’: Biden Has No Comment on Fisker Failure”

  1. Dan Collins
    April 6th, 2013 @ 1:44 pm

    Fiskered again.

  2. Dan Collins
    April 6th, 2013 @ 1:57 pm

    Dan Collins liked this on Facebook.

  3. Rules4Radicals
    April 6th, 2013 @ 2:30 pm

    The State Media will never acknowlege that Emperor Joe is stark naked.

  4. Christy Waters
    April 6th, 2013 @ 2:38 pm

    Maybe they should take it out of Biden’s pay… that he refuses to take a cut on.

  5. DaveO
    April 6th, 2013 @ 3:01 pm

    Why should Biden or the media acknowledge Palin’s being correct when the GOP is still busy denying it?

  6. Garym
    April 6th, 2013 @ 3:55 pm

    “Fisker” n Chief.

  7. Evi L. Bloggerlady
    April 6th, 2013 @ 5:18 pm

    Battle of the Barack Backed Crony Companies.

  8. DaveO
    April 6th, 2013 @ 5:32 pm

    I wonder how much of the taxpayers’ money Obama gave Biden before the Veep invested in Fisker? It’s not like Ole Charity Joe ever, of his own mind, gave away his own money.

  9. DaveO
    April 6th, 2013 @ 5:35 pm

    If Obama is the Fisker-in-Chief, does that make Mark Sanford the Frisky-in-Chief?

  10. senator20526
    April 6th, 2013 @ 11:37 pm

    I sure glad AL Gore got his money back, courtesy of the American taxpayers….Thanks to his union buddies and Joe Bite-me.

  11. Adjoran
    April 7th, 2013 @ 12:52 am

    The media officially stopped asking serious questions of Democrats in late 2003. They just couldn’t bear to ask for comments on Howard Dean’s post-Iowa rant and rave, so they gave up questioning Democrats about anything they might find embarrassing.

  12. JeffS
    April 7th, 2013 @ 1:30 am

    Methinks that should be “stark raving mad”. But you are correct, either way.

  13. JeffS
    April 7th, 2013 @ 1:31 am

    Not “Fisker”. “F**ker” in Chief.

  14. Roundup | Eternity Matters
    April 8th, 2013 @ 1:00 pm

    […] ‘Billions and Billions and Billions’: Biden Has No Comment on Fisker Failure – Just one more reason we need to let the free market pick the winners and losers. […]

  15. Bill Whittle explains why sequestration “hurts” «
    April 12th, 2013 @ 4:33 pm

    […] American.  Instead of cutting 2.3% of the massive waste, or crony-investment (think Solyndra, Fisker, et al) of the Obama Regime—or curb his elitist lifestyle—Obama wants to teach the […]