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fisker on verge of bankruptcy - buh bye...

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Old 04-25-13, 11:23 AM
  #16  
Jewcano
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Originally Posted by bitkahuna
what's terribly sad and not fair is massive government handouts of Americans' money to an incompetent few to make complex things that few Americans see any value in besides a few rich insecure celebrities who want to proclaim their small carbon footprint as they return from their massively-carbon-emitting private jet flight to their gated mansions in their electric car.
This right here QFT.

I remember reading an article the average income on those who purchased the VOLT, another heavily subsidized hybrid/electric was around $175k yearly. For people who earn that much, it makes no sense why the American people must subsidize a car for them.

Create an electric car for the masses. Create one that is competitive, has decent range (200+ miles per charge), has space, isn't slow as a snail, and price it at 18k. If a company came out with that target and said they would build a car like that, I think people would've been slightly more accepting to a government funding, as opposed to a car that costs about 40k reasonably equipped (Volt) or such like the 100k Karma., which the majority of the people cannot justify buying as a new car. It all comes down to serving the masses, and if you're going to take from them to give to a select few, you are NOT serving them.
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Old 04-25-13, 05:20 PM
  #17  
SteVTEC
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Originally Posted by Jewcano
I think people would've been slightly more accepting to a government funding, as opposed to a car that costs about 40k reasonably equipped (Volt) or such like the 100k Karma., which the majority of the people cannot justify buying as a new car. It all comes down to serving the masses, and if you're going to take from them to give to a select few, you are NOT serving them.
Ding ding ding! Right, MY tax dollars helped subsidize Justin Beiber's Fisker. Great use of my money.
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Old 04-26-13, 10:27 AM
  #18  
I8ABMR
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Leo DiCaprio is probably crying. I think he had a lot of money tied up in Fisker
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Old 04-26-13, 11:19 AM
  #19  
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I wonder if moral hazard applies here just pumping more money into the company. Sorry I watched Wall Street last night
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