“Delaware taxpayers appear to be getting soaked twice under a deal in which the Democratic governor loaned $21.5 million to a hybrid electric carmaker to set up shop in the state. The company has yet to produce a car in Delaware, and taxpayers are footing the electric bill for the idle plant. The deal was enthusiastically announced in 2009 by Gov. Jack Markell and Vice President Biden — formerly Delaware’s senior senator — as a way to bring as many as 2,500 green jobs to the state. But California-based Fisker Automotive Inc. has since suffered a series of setbacks that have compounded its shaky financial situation.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Bond bubble threatens financial system, Bank of England director warns
Canadian banks to be compelled to share clients' info with U.S.
Switzerland: the world’s gold hub
Baltimore: Anatomy of an American City
Yahoo buys mobile newsreader app Summly from 17-year-old London kid for a seven-figure sum
$250,000 stuffed in pantyhose...and other IRS evasion tricks
Former heart surgeon sues Jackson County, sheriff over false arrest, land seizure
The Stocks China’s Rescue Fund Is Buying
Last month, this senator wanted to ban Bitcoin. Now, he’s not so sure
The Rush to Tap Myanmar's Energy Promise
3D technology brings medieval books to life
Syria Resolution Intentionally Vague, Obama Can Put Boots On The Ground
School districts drop federal lunch program after kids won't eat
Uber ruling may reverberate through Silicon Valley
FBI to tear down its headquarters; no plans to sow salt in earth at site