ABC New reports that Fisker Automotive, an electric car company, received a $529 million federal government loan guarantee. It is assembling its first line of cars in Finland. Fisker is saying it could not find a facility in the United States capable of doing the work. (Yes, you read it correctly. Finland will be the recipient of 500 manufacturing jobs, not America.)
"Vice President Joseph Biden heralded the Energy Department's $529 million loan to the start-up electric car company as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the job of assembling the electric car has been outsourced to Finland." What I can I say; it is simply Biden being Biden!
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