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1 darthstar  Thu, Oct 4, 2012 1:51:52pm

The same numbers under a not-Obama would be considered a success in Romney's eyes. This is all about denying any successes the president has had, period.

2 Daniel Ballard  Thu, Oct 4, 2012 1:53:07pm

re: #1 darthstar

Absolutely. And thanks for the retweet.

3 Linden Arden  Thu, Oct 4, 2012 6:50:33pm

re: #1 darthstar

The same numbers under a not-Obama would be considered a success in Romney's eyes. This is all about denying any successes the president has had, period.

Romney might buy Fisker, fire everyone, and then pocket their $1.2 billion in equity capital.

4 Buck  Thu, Oct 4, 2012 7:24:21pm

The part of the story that Fisker is not talking about is the DOE approved $359 million loan to help Fisker develop a lower-priced version of its car, called the Nina. The plan was to build those cars at a shuttered General Motors factory in Delaware. That project has hit some snags. In February Fisker let go the 26 employees from the Delaware factory.

5 lostlakehiker  Thu, Oct 4, 2012 10:50:34pm

Fisker had a fiasker with its Consumer Reports test. Consumer Reports on Fisker

Our Fisker Karma cost us $107,850. It is super sleek, high-tech—and now it’s broken.

We have owned our car for just a few days; it has less than 200 miles on its odometer. While doing speedometer calibration runs on our test track (a procedure we do for every test car before putting it in service by driving the car at a constant 65 mph between two measured points), the dashboard flashed a message and sounded a “bing“ showing a major fault. Our technician got the car off the track and put it into Park to go through the owner’s manual to interpret the warning. At that point, the transmission went into Neutral and wouldn’t engage any gear through its electronic shifter except Park and Neutral.

We let the car sit for about an hour and restarted it. We could now engage Drive and the same error message disappeared. After moving it only a few feet the error message reappeared and when we tried to engage Reverse the transmission went straight to Park and again no motion gear could be engaged. After calling the dealer, which is about 100 miles away, they promptly sent a flatbed tow truck to haul away the disabled Fisker.

We buy about 80 cars a year and this is the first time in memory that we have had a car that is undriveable before it has finished our check-in process.

Maybe that's what Romney was thinking of when he described Fisker as loser.

Or maybe 1500 cars is just not an adequate return on an investment of billions of dollars. There are potentially viable electric cars under development; the Nissan Leaf and the Tesla, in my opinion, make the grade. And perhaps Fisker will turn things around. But for now, they're looking about as nonviable as the Chevy Volt.

6 Sophia77  Thu, Oct 4, 2012 11:35:09pm

Look. New industries and technologies are hard, and they are expensive, and often it takes decades to master them. And at first the products thereof might be real clunkers.

Think of the airplane. We first flew in a powered craft in 1903. The plane was slow and it only remained airborne for a few seconds. But it FLEW.

That began an era of trial and error, in which many, many lives were lost and countless dollars, including taxpayer dollars, were invested.

Finally, we have arrived at state of the art craft like the 777, which is so reliable you never hear about it or its sisters. You say, I want to go on a trip, go to the airport and get on a truly miraculous aircraft that will fly you anywhere at the world, and maybe you never take time to think what it cost to create it.

But this took decades of work, investment, creativity, trial and error including the development of long range bombers for WWII and then jets for the Cold War - it was these which eventually became the airliners of today, which we take completely for granted.

But they didn't come out of thin air did they.

Meanwhile, if we listen to the Romneys of the world, we'll never progress because they're busy "harvesting" other people's work and killing off education, creativity and investment in new ideas. They are also so heavily vested in old school industries like coal that they have absolutely no incentive to change and they want to make sure we don't change either because they'd lose some damn money.

The end.


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