Is a bidding war brewing over Fisker?
— By Kirsten Korosec on January 3, 2014, 9:01 AM PST
Wanxiang Group (& A123 Systems) were mentioned on a 60 Minutes piece. Did the faulty batteries cause the demise of Fisker? According to 60 Minutes, Green Tech, like Fisker, is a bad investment and did not mention why the car company failed.
@JohnMcGrew I thought you like the EV idea?
But, whether one likes EVs or not, or whether one purchases an EV or not, we are all paying for the stupid idea. I'm not crazy about subsidizing anybody's purchase of an EV or hybrid, and I'm not crazy about having government paying to subsidize the EV makers, or the EV batteries companies.
@adornoe I like EVs. What I don't like is subsidizing >$100,000 luxo-hot-rods for the likes of Al Gore or Leo Di Caprio.
The Fisker debacle is actually more sleazy and worse than Solyndra was.
And the only reason I was considering leasing one was because the Feds and my stupid state is making it practically free to do so.
@adornoe @JohnMcGrew So, tell me this: I am against taxpayer subsidized stadiums, but if I go to a baseball game, am I a hypocrite?
Will I be a hypocrite when/if I collect Social Security?
I went to a subsidized state university too.
And I take the homeowner mortgage deduction.
Years ago, Bush gave me $1,200 in "stimulus", which I was totally against. And yet I kept the money. (I invested it well during the meltdown and got many-times a return on it too)
You'll love this: This year it might actually make sense for me to semi-retire:
Millionaires on Medicaid: Got a house worth $802,000, lots of savings and a nice car? You might still qualify for benefits.
The list goes on, but those are the ones that pop up in my mind at the moment. I am against all these things, and yet I'll accept the benefits. (I'm paying for them, after all) The difference between me and your average liberal is that I'll actually campaign and vote against my supposed economic windfalls courtesy of an out-of-control entitlement state.
@JohnMcGrew@adornoeYou're rationalizing, as well as still being a bit hypocritical. The "if you can't beat them, join them" attitude is defeatist, and you're just justifying and rationalizing your comments with that defeatist attitude.
I take whatever is due me, but I won't participate in taking something which I didn't earn. That's one of the main reasons that I refused to purchase an EV or hybrid when I was shopping for a new vehicle recently.
I'm not being the least bit hypocritical. I've always been against these boneheaded policies, and will continue to be. But that isn't going to preclude me from participating with the law. I also think that the mortgage interest deduction should go, but I take it as well. I'm against a far amount of the tax code, and yet I comply with it regardless of whether it benefits me or not.
I can't wait until ObamaCare crashes and burns what is left of private insurance and health care in America and it's replaced with a "single payer" regime. Then I won't have to write over 5-figures in checks each year for insurance and health care, and I'll be able to retire in my 50s like they do in Greece. (It won't make sense to work anymore, since my income taxes will be going up proportionally to what my insurance used to cost)
I'm against that too. But if this is the world the Progressives are going to serve up, then it's the world I have to live in. I have no interest in being anyone's slave.
I mean, if you're against government subsidizing of anything, then, you should, on principle, not be taking advantage of the subsidizing, since, you're using tax-payer money to get that "virtually free" EV that "government" is making "affordable".