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2010-06-30 Home Front: Politix

The Bucyrus Travesty: A tale of two Obama loan guarantees.

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Posted by john frum 2010-06-30 18:27|| || Front Page|| [7 views ] Top

#1 The Inner Party takes care of its members.

Gore-Backed Car Firm Gets Large U.S. Loan
A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.

The award this week to California startup Fisker Automotive Inc. follows a $465 million government loan to Tesla Motors Inc., purveyors of a $109,000 British-built electric Roadster.

Elon Musk (Tesla Founder/CEO) Campaign Contributions
2010 Transaction Count/Amount $34,500
2008 Transaction Count/Amount $93,250
2006 Transaction Count/Amount $77,300
2004 Transaction Count/Amount $22,500

Crony capitalism is the rule of the land.

Posted by ed 2010-06-30 19:37|| 2010-06-30 19:37|| Front Page Top

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