Monday, September 28, 2009

Al Gore's Karma

Saving the world, one $90,000 car at a time.

Nice...if you're rich.

Somehow I get the feeling that when Al Gore is involved in a 'venture,' it's not in the best interests of the vast majority of the American public.

Automaker with ties to Al Gore receives $528.7 million govt loan
Fisker Automotive, a California manufacturer of luxury electric vehicles with ties to former Vice President Al Gore Jr., will receive more than $500 million in federal loans to develop a plug-in hybrid sports car with a sticker price of nearly $90,000 and a new plug-in hybrid vehicle to be built in the United States.

The Energy Department said last week it would lend $528.7 million to Fisker from a $25 billion fund to develop fuel-efficient vehicles, making the Irvine, California, startup the fourth automaker to receive loans from the program. The government awarded $8 billion in loans to Ford Motor Co., Nissan Motor Co. and Tesla Motors Inc. in June to develop environmentally friendly cars.

"This investment will create thousands of new American jobs and is another critical step in making sure we are positioned to compete for the clean energy jobs of the future," said Energy Secretary Steven Chu. He estimated it would save or create about 5,000 jobs.

Fisker, launched in 2007, is expected to release its first vehicle, the Karma, in the summer of 2010. The $87,900 plug-in luxury sports sedan, which has solar panels on the roof and allows motorists to drive gas-free for 50 miles (80 kilometers), will be built in Finland by Valmet Automotive.

Fisker has raised tens of millions of dollars from top venture capital firms such as Palo Alto Investors and Kleiner Perkins Caufield & Byers, of which Gore is a partner. The company has pre-sold more than 1,500 Karmas and recruited a network of 45 dealers.

In a story published in The Wall Street Journal Friday, Gore spokeswoman Kalee Kreider confirmed that the former vice president backs Fisker and purchased a Karma. "He believes that a global shift of the automobile fleet toward electric vehicles, accompanying a shift toward renewable-energy generation, represents an important part of a sensible strategy for solving the climate crisis," she said in a statement.

Fisker will use $169.3 million in loans for engineering costs to complete the Karma and design tools and equipment at Fisker's office in Pontiac, Michigan. The Energy Department said that while the assembly of the Karma will be done overseas, more than 65 percent of the parts will come from U.S. suppliers.

The remaining $359.36 million in loans will be directed to Fisker's Project Nina, an effort by the automaker to develop a lower-cost, higher-volume plug-in hybrid car by late 2012. Fisker has said the next-generation plug-in will sell for $39,900 and be built in the United States with an annual production of about 100,000 vehicles. {more - The Tennessean}

Al Gore has had a good decade. I mean a really good decade. It started out kind of rocky, I mean with him losing the election and all; but after that things just kept getting better and better. He started out in 2001 with an estimated net worth of $1 million dollars. Now that’s pretty good by anyone’s standards. In 2008, however, his net worth was estimated at $100 million dollars. Green has been very kind to Al Gore. {more}

Gore's place in the globalist criminal syndicate and his use of 'global warming' 'climate change' a means to steal more of our money earned from labor is considered a crime against humanity by some.
Where's that old fashioned karma when we need it?


  1. Optional V8 sound so you can still go brem brem, Vrooom $6,500

  2. The small penis compensation vehicle is a song by a local punk rock band. I'm just a useless eater not an inbred elite but I sure am glad Slick Willie, Al Bore, Shillary and Barack Barry Soetoro are gonna save the world for us (them). Ohh they are doing a great job too. Escalating wars and saber rattling with Iran are sure to improve humanity's lot. If they need some more troops there is lots of dressed in black wannabes in Pittsburgh, well they may have got back to their local feeding troughs by now.