The Fisker Echo
I ran out of time the other day and didn’t get to post a link to Jason Starkey’s article on the state of the Fisk plant. As one laid off employee said, it’s “absolutely empty”. And, now, Romney’s campaign has gotten a hold of the Fisker story. I think it’s a stretch by the Romney team to say that Obama doesn’t understand the economy because of Fisker and other examples, especially since Romney has his own string of bad investments: Holson Burnes Group and, well, Bain, a company that really never created jobs. Regarding Boxwood, I’m still waiting for Plan B from the Markell administration.
Tags: Fisker
Romney was the guy who wanted to let GM die, so bring it on.
The emptying of the plant is part of the game to put pressure on the Feds to release the loan. It is a stunt intended to elicit articles like this blog post.
The Feds have already extended their loan terms for Fisker’s battery maker. I say the odds are now lower but still in favor that Fisker will get its federal money and build in Delaware. Fisker says it will decide in late summer.
If Markell has a plan B he should keep it to himself for now. You don’t go into marriage counseling with your mistress waiting in the car.
If the Atlantic is built anywhere in the world but Delaware, every ounce of the blame for losing those jobs should be pinned directly and solely on the Republicans. Delaware Republicans get on their knees and pray to their version of Jesus every day that Fisker screws our state out of millions of dollars and thousands of jobs so they can win a few races.
Guys, I keep asking this question that no one wants to answer: why does anyone think the business model for the Atlantic will work? 100-125,000 cars a year at $47,000 a pop as compared to the Prius C for less than $20k????????
Fisker is never going to build a car in Delaware not because of Republicans, but because it’s business plan rests is deeply flawed. If the business model had merit, it wouldn’t be so very much dependent on federal financing and there would be sufficient venture capital — or an existing car manufacturer would embrace the Fisker much as GM once started the Saturn line from scratch without massive federal funding.
It was answered in the other thread. Do keep up, especially when people are at least addressing your questions.
This has been a colossal scam from the beginning.
“This has been a colossal scam from the beginning.”
That’s what Republicans said about the GM bailout (and some weak-kneed Democrats too).
Here is the Plan B that I announced last week:
Keep Fisker Auto Plant Jobs in Delaware with Military Electric Vehicle Project April 13, 2012
http://www.campaignsitebuilder.com/user/spencerscottyhotmailcom/download/041312%20SRS%20MEV%20Project.pdf
Wilmington Mayoral candidate Scott Spencer joins auto workers at the Fisker Auto Plant to propose a Military Electric Vehicle (MEV) project to keep the plant and 2,000 jobs in Delaware
I would rather see Fiskar build cars here than Delaware become part of the military industrial complex.
Fisker investor: Romney the ‘source of our problems at DOE’
“The DOE would have negotiated a new draw timeframe by now if it weren’t for Romney targeting these loans,” Lane emailed. “Irony is Romney doesn’t understand he’s the problem and he’s lumping a company that did $100m in q1 with a company that’s bankrupt. “