Obama Green Energy Failure: Fisker Automotive Received More than Half-Billion Dollars in Federal Loans … Laying off Workers at their Delaware & California Plants
Another Barack Obama “green” energy failure …
Fisker Automotive, a California based electric car start up company that received $529 million in loans to produce two lines of plug-in hybrid cars, is laying off workers in Delaware and California. Wow, who could have predicted that this would have been a waste of tax payer money? After all, as the Lonely Conservative reminds us the electric car goes for such a paltry cost of $100,000.
Delaware’s News Journal reports that Fisker Automotive, a California-based electric car start-up company, is laying off an undisclosed number of staff to try to reserve enough capital in order to qualify for more federal help from the Department of Energy, according to a Delaware state development official.
“They’re trying to preserve the cash that they have,” said Alan Levin told the News Journal. “And unfortunately, until they meet the milestone that DOE continues to set … they’re not able to access the additional capital that they need.”
The company also came under fire last year for taking federal loans while producing cars in Finland. Company officials told ABC News at the time that “there was no contract manufacturer in the U.S. that could actually produce our vehicle.” The company was working on reopening a shuttered General Motors plant in Wilmington to produce vehicles — an effort that top Obama administration officials lauded.
So lets get this correct. Obama’s answer to US jobs and the economy is wasteful spending to “green” companies like Solydra and Fisker … but The One says no to the Keystone XL pipeline. We all know that Obama’s funding of these companies had nothing to do with jobs and everything to do with politics. Obama must go in 2012.
Posted February 7, 2012 by Scared Monkeys Barack Obama, Economy, Energy, Green Energy, Green Jobs, Jobs, Solyndra, Tax & Spend Liberals, Unemployment, WTF | 4 comments |
WOW … GM, Obama’s Government Motors Sells Just 603 Volts in January 2012
GM, Government Motors sold just 603 GM Volts in January. Are you serious? The pathetic 603 sales as caused GM to abandoned its sales target of 45,000 for 2012. YA THINK!!! GM might also want to fire the idiot who ever thought that 45K was even a viable target. As it is, GM only sold about 7,700 in 2011, far below it’s target of 10,000. What else would we expect from an Obama bailed out “green” car program?
General Motors extended-range electric Chevrolet Volt had its worst sales month since August, as negative publicity over fire risks hurt vehicles sales in January.
GM sold just 603 Volts – above its sales in January 2011, but far below GM’s best-ever sales month in December, when GM sold 1,529 Volts.
Last week, GM North America President Mark Reuss said sales of the Volt have been hurt by bad publicity.
Reuss said bad publicity from the government’s investigation into fire risks of post-crash Volts is “definitely a component” of the decline in sales.
Bad PR? Seriously? That tends to happen when cars catch on fire and you recall them. Let’s face it, there is no demand for this pricey car.
More from Powerline on the “Revolting” Volt. Nice.
Green Energy Hypocrisy: Barack Obama Leaves Event Promoting Clean Energy in Motorcade of 22 Fossil Fuel Gas Hogs
Green Energy Hypocrisy: Barack Obama Leaves Event Promoting Clean Energy in Motorcade of 22 Fossil Fuel Gas Hogs
Classic from the Hypocrite in Chief … From the files of you just can’t make this stuff up comes the hypocrisy of Obama and the LEFT promoting “green”, clean energy while driving around in fossil fuel gas hogs leaving the carbon foot print the size of Sasquatch.
Hat Tip: Gateway Pundit
On January 26, 2012, President Obama visited a Las Vegas UPS plant. Stimulus subsidy for said UPS plant to purchase natural-gas-powered trucks: 5.6 million dollars. Stimulus subsidy for North Las Vegas green energy plant that laid off 200 workers yesterday: 5.9 million dollars. Using taxpayer dollars to leave an event promoting clean-energy vehicles in a motorcade of twenty-two fossil-fueled vehicles: Priceless.
Every wonder why there is no market for clean energy and these government subsidized green energy companies, because those promoting it do not even believe in it. Why is it that the very people, whether they be Obama or those in the private sector who cry “green” energy are the very ones who are the most wasteful. have multiple homes and fly private jets? Hmm?
Posted January 27, 2012 by Scared Monkeys Barack Obama, Business, Green Jobs, Hypocrisy, Lost in Smallness, Obamanation | 3 comments |
Another Obama Green Energy Company Fails … Ener1 Received $118.5 Million Stimulus Grant Files for Bankruptcy
Another One Bites the Dust …
Ener1 received a $118.5 million stimulus grant and was supposed to double its production capacity and create 1,700 jobs, instead it is filing for bankruptcy. The company was supposed to made batteries for electric cars. A funny thing happened on the way to the Obama hand picked business winners and losers, free market capitalism … there is no market or demand for this product. Didn’t Barack Obama in this years SOTU just say he was going to continue to fund the car battery industry with government money and not cede it to China? Oops. Yet more tax payer dollars wasted.
Add another to the Obama back failed green energy companies
An Indiana-based energy-storage company, whose subsidiary received a $118.5 million stimulus grant from the Energy Department, filed for bankruptcy Thursday.
Ener1 is asking a federal bankruptcy court in New York to approve a plan to restructure the company’s debt and infuse $81 million in equity funding.
“This was a difficult, but necessary, decision for our company,” Ener1 CEO Alex Sorokin said in a news release. “We are extremely pleased to have the strong support of our primary investors and lenders to substantially reduce the company’s debt.”
The VP had previously visited the Indiana company and touted it as a new chapter in American history for energy and business; however, the only chapter it turned out to be was Chapter 11.
Red State may have a point, another Obama hand picked company has met the reverse Midas touch of “The One”. Erick says, look out Master Lock, all who have stock in it may want to sell.
Add Ener1 to the list of other Obama tapped green energy companies that have been given stimulus money that have failed miserably. NRO has the present tally: Solyndra, SunPower, BrightSource, and Tonopah Solar Energy. So far that is.
Posted January 27, 2012 by Scared Monkeys Barack Obama, Business, Economy, Green Jobs, Obamanation | 5 comments |
Once Again, “It’s Gotta be the Shoes” … Season’s Beatings as Shoppers Brawl Over Air Jordan XI Concord Tennis Shoes
WHAT IS WRONG WITH THESE PEOPLE … IT’S GOTTA BE THE SHOES!!!
When will people ever under stand the “Reason for the Season”? Let me make this one point, no where in the story of Christmas, Away in a Manger, or the birth of Christ … Hark the Herald Angel Sing, Glory to the New Born King is there a reference to Air Jordan XI Concord tennis shoes .
Police were called to the Carolina Place Mall yesterday as fights broke out over of all things, sneakers. Hoards of people swarmed in front of the mall in anticipation of its opening, in what could only be described in comparison to the The Who concert in Cincinnati, OH where numerous individuals were trampled to death. It was not just this mall, but many in NC and across America as the Air Jordan XI Concord tennis shoes were released. Gun fire broke out at the Hilltop Mall in Richmond, where around 3,000 were people were waiting in line for the latest Air Jordan 11 Retro Concords. No one died yesterday; however, the Christmas spirit and the “Reason for the Season” certainly did.
The disturbance started inside Carolina Place Mall just after 5am. Witnesses said as mall officials opened the mall doors, crowds of people pushed their way in.
“They almost took the door off the hinges,” one shopper who didn’t want to be identified said, “there were women with babies in their hands and they on their backs.”
Shoppers were in line waiting for the re-release of the Air Jordan XI Concord tennis shoe at Foot Locker, Finish Line and Downtown Locker Room.
Shoppers break into the Stonecrest Mall in Atlanta, GA as they bum-rushed the doors, cause a stampede to buy Air Jordan XI Concord’s. Imagine people not waiting until a mall opens, then breaking the law by forcing their way into the mall. Get a clue people, and a life.
More VIDEO’s here of shoppers embarrassing themselves. The sneakers go for $180 a piece; however, they are already going on line for much, much more. Honestly, the fact that they released these Air Jordan retro shoes during Christmas when they knew the reaction would be out of control, all should be ashamed. What a sad commentary on what “MANY” have come to … All this over tennis shoes. UNREAL!
UPDATE I: These scuffles were not just localized, they happened all across America.
The mayhem stretched from Washington state to Georgia and was reminiscent of the violence that broke out 20 years ago in many cities as the shoes became popular targets for thieves. It also had a decidedly Black Friday feel as huge crowds of shoppers overwhelmed stores for a must-have item.
In suburban Seattle, police used pepper spray on about 20 customers who started fighting at the Westfield Southcenter mall. The crowd started gathering at four stores in the mall around midnight and had grown to more than 1,000 people by 4 a.m., when the stores opened, Tukwila Officer Mike Murphy said. He said it started as fighting and pushing among people in line and escalated over the next hour.
Posted December 24, 2011 by Scared Monkeys Assault, Business, Crime, Law Enforcement, VIDEO - You Tube Video, WTF | one comment |
Tis the Season to be an Insensative, Uncaring, Bah Humbug FEDEX & UPS Courier … Mistreatment of Christmas Packages
‘TIS THE SEASON …
FEDEX can be proud of this employee who was caught on candid camera treating the package he was delivering with all of the care of a bull in a china closet. One can plainly see that the package that is being delivered is computer monitor, yet this clod still tosses it over the fence. NICE. Imagine what they do when they are not out in public?
Needless to say the VIDEO went VIRAL and FEDEX was forced to make a public apology. Matthew Thornton III, senior vice president for US operations for UPS apologized and stated that the employee was no longer working with customers. Great, now he can just smash the boxes back at the warehouse. WILSON!!!!
Matthew Thornton III, senior vice president for US operations at the international courier company, said he was “upset and embarrassed” after watching the video which has been viewed nearly five million times since being posted to the web last week.
The resultant storm of online protest has forced the company into an unprecedented public apology. In the Internet redress, Mr Thornton said sorry to customers and claimed the incident went against company “values” and “is just not who we are.”
Not to be outdone by the embarrassing and ridiculous handling of packages and employee conduct, UPS reminded everyone what “Brown can do for you.” This time not only does the courier dump the package on the steps, he gives the middle finger. Is this a little known UPS Happy holidays gesture, who knew? This incident occurred in Northport, Long Island, NY.
Barack Obama, It is Great to be Back in Texas, eh … Kansas … Idiot Moment, Job Losses Blamed on Technology
Barack Obama … further Lost in Smallness …
Barack Obama, ever wonder how dangerous one man could be? Obama wants us to go back to the days before computers, ATM’s and smart phones. Obama will not be happy until everyone is working as a bank teller or a telephone switchboard operator. No one should ever wonder why the economy is in the state it is … Obama is clueless, worse, he is dangerous.
As reported at Powerline, while campaigning in Kansas yesterday, “President Obama momentarily forgot which of the 57 states he was in.” More from the smartest President ever …
This was supposed to be a joke of sorts and slip of the tongue. Sorry Barack, we forgot to laugh. We the People tend to do this when the economy is in the tank and millions are without jobs. The real 99% can’t go on 17 day vacations to Hawaii.
However, that was not the eye opener that made America scratch their collective head. The “WTF” moment of complete ignorance came from Obama when he blamed job losses on technology. Huh? I guess Obama blames Al Gore, who claims to have invented the Internet, responsible for job loss.
“Layoffs too often became permanent, not part of the business cycle. And these changes didn’t just affect blue collar workers. If you were a bank teller or a phone operator or a travel agent, you saw many in your profession replaced by ATMs and the internet,” President Obama said at a campaign event in Kansas.
What king of complete and total bufoon is this guy? Seriously, and the Left called Bush stupid? Has Obama no understanding that making things more efficient that the economy becomes more productive? Does Obama not comprehend how many jobs have been created by the Internet? Does he them also blame Bill Gates and the late Steve Jobs for technology innovation? Are they to blame as well for the loss of jobs. How ignorant could one person really be? In this case because the individual is the president of the United Stated, how dangerous could one man possibly be?
Please rid the United States of this President in 2012 and help get America back to success and prosperity.
Posted December 7, 2011 by Scared Monkeys Barack Obama, Business, Economy, Hope and Change, Internet, Jobs, Liberals, Lost in Smallness, Obama in Wonderland, Obamanation, Obamanomics, Unemployment, VIDEO - You Tube Video, WTF | one comment |
GM, Government Motors, Buying Back Chevrolet Volts
Its not easy being green, especially when it catches on fire. Yet another resounding failure of the Barack Obama, government owned, green agenda … GM is buying back Chevrolet Volts. What else could we expect from an Obama endorsed product?
General Motors will buy Chevrolet Volts back from any owner who is afraid the electric cars will catch fire, the company’s CEO said Thursday.
In an exclusive interview with The Associated Press, CEO Dan Akerson insisted that the cars are safe, but said the company will purchase the Volts because it wants to keep customers happy. Three fires have broken out in Volts after side-impact crash tests done by the federal government.
Akerson said that if necessary, GM will recall the more than 6,000 Volts now on the road in the U.S. and repair them once the company and federal safety regulators figure out what caused the fires.
If its not bad enough that the Government had to bail out GM, now we are bailing out Volt owners who made the choice to buy these cars.
Posted December 2, 2011 by Scared Monkeys Barack Obama, Business, Economy, GM, Government, Green Energy, Obamanation, Obamanomics | 8 comments |
Much to the Dismay of OWS Protester Boycotts, Black Friday Sales Rise to Record 6.6%
The Occupy Wall Street protesters lose again. OWS called for boycotts and Americans responded with Buycotts.
Much to the OWS dismay, Black Friday sales increased by a record 6.6%. As the OWS protesters tried to prevent Americans from going to businesses like WalMart and Best Buy, Americans provided their own “Freedom of Speech” and spoke with their wallets.
Despite 9% unemployment, more Americans below the poverty level, record number on food stamps, 17% believing the country is headed in the right direction and only 8% rating the US economy as good or excellent, 152 million people came together to spend $11.4 billion on Black Friday. Granted, this is only one day … but it is better than the alternative.
Black Friday sales increased 6.6 percent to the largest amount ever as U.S. consumers shrugged off 9 percent unemployment and went shopping.
Consumers spent $11.4 billion, ShopperTrak said in a statement yesterday. Foot traffic rose 5.1 percent on Black Friday, according to the Chicago-based research firm.
As many as 152 million people were expected to shop at stores and websites on Black Friday, up 10 percent from last year, the National Retail Federation said. The Washington-based NRF is scheduled to release Thanksgiving weekend sales today.
Sadly, many individuals who went out on Black Friday and purchased items acted in less than an appropriate manner, it is not any less inappropriate or classless than the OWS protesters who failed to convince anyone to boycott Walmart or the other big boys on the block.
President Obama must be caught in the middle and not know what to say? Does he praise the economic spending or say nothing because his endorsed OWS protest movement failed in their efforts?
Posted November 27, 2011 by Scared Monkeys Black Friday, boycott, Business, Economy, Occupy Protests, Occupy Wall Street Protesters, WALMART | no comments |
Black Friday Insanity … Pepper Spray, Gunshots and Mayhem, Oh My … WalMart Shopper Pepper Sprays Fellow Costomers
BLACK CRAZY FRIDAY: What is wrong with people … could some individuals possibly misunderstand more the Reason for the Season?
People … gunshots, pepper spray, assaults, and brawls! What is wrong with you? Are you folks human or savages? What could possibly be so important? Really! Take a good look at your actions and ask yourself, do you honestly think this is the “reason for the season” and whether it was worth it.
During the beginning of last night’s “Black Friday” experience, a shopper at a WALMART in California pepper sprayed fellow customers in what was describes as “competitive shopping”. Please, its called complete insanity and assault. The unknown woman sprayed customers to keep them away from merchandise that she was after. UNBELIEVABLE. At least 20 individuals suffered minor injuries from the insane exploits of this deranged woman. Let’s just call it “Black Pepper” Friday.
Alejandra Seminario, 24, said she was waiting in line to grab some toys at the store around 9:55 p.m. when people the next aisle over started shouting and ripping at the plastic wrap encasing gaming consoles, which was supposed to be opened at 10 p.m.
Posted November 25, 2011 by Scared Monkeys Assault, Black Friday, Business, Crime, Economy, WALMART, WTF | 2 comments |

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