2012 Fisker Karma
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We're guessing Mitt Romney won't be hanging out with Cee Lo, Leo or the Bieber anytime soon. Or Fisker spokesman Roger Ormisher, for that matter.

Those are the celebs that got their own Fisker Karma extended-range plug-in vehicles before the Republican presidential candidate called the California-based automaker a "loser" in last week's presidential debate with Barack Obama, according to Wired. Romney lumped Fisker in with Solyndra, Tesla and Ener1, all of which are green-oriented companies that Romney says shouldn't have received U.S. Department of Energy loans.

Fisker spokesman Roger Ormisher responded by pointing out to Wired that the automaker has sold 1,500 cars and raised more than $1.2 billion in private equity, which he said was "quite an achievement for a small American business." Meanwhile, Tesla Motors has since reaffirmed that it would start repaying its loan earlier than mandated and got support from its Twitter community. One example: "Wait, did he just call Tesla a loser? Have you driven one? They are awesome."

On the Fisker negativity, Romney may have company with Consumer Reports, which pretty much took apart the Karma in a review last month for, among other things, its long battery-recharge times, its cramped interior and its handling. That said, Delaware Online reported last month that Romney's running mate, Paul Ryan, appeared to support giving the U.S. Department of Energy enough "flexibility" to make its $529 million loan to Fisker. Ryan spokesman Brendan Buck denied that charge. Fisker drew down almost $200 million of the loan before funds were frozen because the company didn't meet delivery deadlines for the Karma.


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    • 1 Second Ago
  • 50 Comments
      • 2 Years Ago
      Romney is a pestering pile of ****.
      brucec039
      • 2 Years Ago
      "We're all winners!"
      2 Wheeled Menace
      • 2 Years Ago
      Romney will understand what it is to be a loser this year when king Obama retains his seat. I'm not interested in either of these crooks. Consider voting in Gary Johnson ( libertarian ) or Rocky Anderson ( Justice party - aka what the democrat party should be today )
        SVX pearlie
        • 3 Months Ago
        @2 Wheeled Menace
        "Obama retains his seat." We'll find out in a month.
        EZEE
        • 3 Months Ago
        @2 Wheeled Menace
        Any idea where PR has been? Wonder if the cross linking between AB and ABG has pissed him (and others) off like I thought it might.
          Marcopolo
          • 3 Months Ago
          @EZEE
          @ EZEE Working as a Volunteer for the Obama campaign ?
          EZEE
          • 3 Months Ago
          @EZEE
          :D Obviously I disagreed with PR, but with the exception of when he was in full on leftist rage mode, I liked his posts. I enjoy any thought out argument, and I have to admit, although most of it was over my head ('PR, your arguments are the quintessential example of the visigoth's crossing of the bordone line in the fall months!' 'Well Marco, one would expect an analogy of that type from a troglodyte bound down by views reminiscent of the pre-dialectic truth'), I enjoyed your arguments with him.
          Marcopolo
          • 3 Months Ago
          @EZEE
          @ EZEE Lol ! Trouble with PR, (and all ideologues) is he took himself too seriously ! PR could dish it out, but became vindictictive when he found himself on the receiving end. I realize he did everyone a favour by making such a fuss with AOL, that he got Dan F banned. But I thought it a mean-spirited, and hypocritical deed, since his hidden hatred of DF, was after DF humiliated PR, over the Bright EV article. Ah well, ....no one's perfect !
      Justin Forposting
      • 2 Years Ago
      What bothers me most about this line of attacks (Fisker, Solyndra, etc...) is that in the end the politics are influencing engineers instead of what needs to be happening: engineers influencing politics.
      Rick
      • 2 Years Ago
      US economy is in deep brown stuff. US National Debt $16,175,608,938,268.69 or $141,144 of debt per US taxpayer. Fiscal Cliff is coming on January 1st 2013, Greek style government job cutbacks and austerity is needed, you can't go on kicking the debt can down the road printing fake fiat money forever, at sometime you have gotta start paying the debt mountain down. Total US Debt is $58,462,155,562,903,16 or $700,856 Per US Family (Savings per US family $4,715). US Politicians need to look at themselves before calling others losers.
        EZEE
        • 3 Months Ago
        @Rick
        Although your post is aimed at Romney's comment, I will go with it. It certainly takes two to tango on insane spending like that!
      Marco Polo
      • 3 Months Ago
      @ Ltw Thanks !
      Letstakeawalk
      • 3 Months Ago
      "The Master" http://www.artinfo.com/news/story/815038/trailer-for-pt-andersons-the-master-proves-movie-is-definitely-not-exactly-about-scientology?comment_sort=desc
      LEDfoot
      • 2 Years Ago
      "One example: "Wait, did he just call Tesla a loser? Have you driven one? They are awesome."" People are so smart, I'm sure he was totally referring to the driving experience when calling the company a loser... Tesla might have a fighting chance. But fisker I seriously doubt, there is no denying that they just have a bad product that doesn't make any sense. It just doesn't perform well in any of it's objectives. The idea of it is awesome, but the end product is very much not unfortunately.
      Marcopolo
      • 2 Years Ago
      @ Jake Y, to a certain extent you are correct. Every nation on earth, including that doyen of capitalism, Switzerland provides government assistance to local industry. Only in the US has people believing that government support is, in some way, immoral ! However, in relation to Oil usage, the US can't go back to the 19th century isolationism ! The US requires a massive military, regardless of oil. The USA will always find itself in conflict with different power blocks, simply because the US is the biggest dog on the block ! Most Americans are not aware that the US has been locked in a trade/political war with the PRC, for the last 7 years or more. It's only the overwhelming superiority of the US military, that has kept the balance of power (and influence), in America's favour. How much longer that will continue, depends on the US ability to restore it's economy to prosperity, and provide peace, prosperity and security , for it's allies. Whether America likes it or not, Pax America exists largely due to the US military.
      EVnerdGene
      • 2 Years Ago
      Frisker being able to raise $1.2 Billion in private markets supports my position that they never should have gone hat in hand to the DOE. Henrik would probably agree that the negative PR he's gotten from the gov'ment loan was definitely not worth it.
        JakeY
        • 3 Months Ago
        @EVnerdGene
        Actually the terms of the loan is the company has to raise matching capital. So a company that can't raise a substantial amount of private capital on their own would not qualify for the loan. I'm not sure why there's all the talk about supporting losers when the loan itself is quite strict. I don't want to start another cycle of "blame Bush," (rather I think he deserves some credit) but the ATVM loan program was approved under Bush and Obama's administration was only responsible for administrating it. Solyndra was already approved under Bush. Out of all the auto start-ups I think Tesla and Fisker probably have the best chance of success. Republicans are notably silent about the two biggest recipients: Ford and Nissan.
      mustang_sallad
      • 2 Years Ago
      Solyndra failed because the Chinese government has poured its resources into delivering cheaper solar panels. China's winning that race because the government saw value in investing in a technology that will inevitably become very important. One American company gets demolished by Chinese companies that are benefiting from aggressive and unrelentless support from their government, and Romney's reaction is "you shouldn't have even bothered trying". The right wants the US government to step out and let the free market decide on winners and losers, whereas other countries are using basic foresight to see beyond the short term drive of immediate consumer demand and invest in newer technologies so that they'll be the leaders in the very near future.
        Grendal
        • 3 Months Ago
        @mustang_sallad
        It would have been more appropriate for the candidates to call each other on the government allowing a foreign government (China) to flood the US market with heavily subsidized solar panels. Allowing a foreign government to destroy the US businesses by not protecting them is much more heinous than giving Solyndra a loan. I'm not exactly sure which administration to blame that on either. My instincts say that Bush and Obama are both responsible for allowing it.
        JakeY
        • 3 Months Ago
        @mustang_sallad
        Problem is the "free market" rarely exists in the real world, esp. in a global economy. The favorable policies the Chinese government set for their domestic manufacturers (for virtually all industries) is a prime example. Looking further, the Chinese government actually gave 2.9-4.73% direct subsidies to exported solar panels to help kill the US solar panel industry. While here in the US, simply because of politics, you have people who would rather see a growing US industry fail (esp. if it received some aid from the government). And unfortunately anything "green" is also politicized when it shouldn't be. http://www.csmonitor.com/USA/2012/0320/China-subsidized-solar-panels-US-finds.-Are-tariffs-the-right-response And related to oil usage, there's plenty of externalities that our government pays for, but isn't reflected in the price (the subsidies are a side point, the biggest cost is our military spending). Unless those externalities get reflected in the price, it's not a true "free market" either.
        Marcopolo
        • 3 Months Ago
        @mustang_sallad
        @ mustang_sallad Although heavily subsidized PRC solar panels were a factor, Solyndra failed for other reasons as well. The Obama administration was not he only government to rush into funding poorly chosen alternate energy projects. On the whole, the DoE has been reasonably successful in it's funding, but mistakes were made. In all the initial enthusiasm, a combination of naivety, unfounded optimism, insufficient due diligence, and old fashioned chicanery, meant that some of the early projects failed and public funds were lost. Nevertheless, the Obama administration handled the incentive better than most.
      goodoldgorr
      • 2 Years Ago
      Nor romney or obama talked about hydrogen as a new business avenue and romney is backing off of battery. All that is coming from wall street petrol dealers. They will work hand in hand for nothing succeed as a petrol replacement possibility. These guys want us to pay and suffocate. In 2015 there won't be any hydrogen commercialisation contrary to what car managers have said. It's impossible that right now nothing is happening whatsoever in hydrogen researchs and experimentation and then in 2015 it happen ??? If they plan to release something in 2015 then logically we will have tons of experiments, small commercialisation and in-deep articles right now in this field. Now we have experiments and small commercialisation of battery technology and they already talk about terminating it because it ain't a great succes and nobody have made profit yet, they will eventually stop investing if it continue like that. When we hear romney or obama talk about energy they just repeat the main lines of wall street dealers, exxon, swiss bankers, vatican, clint eastwood, that said before to do some faint pr propaganda about replacing dirty petrol but just with small cars for awhile for fun at great cost and forget about replacing petrol for trucks, trains, airplanes, ships, helicopters and electricity generation. These chaps pretend to be scientists and bev buyers and rechargers are like mouses in a lab. As of today only 0.02% of petrol consumption have been replaced by an alternative and car manufacturers are happy to get their customers hooked to 2 costly inneficient cars one gasoline and one battery. In 2015 they will print that the hydrogen infrastructure is impossible, bothersome, costly, not ready, that with all the experiments they concluded that it won't work and that they do not have the trillions of dollars needed to build hydrogen stations and that nobody is interrested in investing into hydrogen. All these petrol alternative projects are planned fails.
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