“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:
MSCI backs itself into corner on China share inclusion into global index
Cyprus Central Bank Governor resigns with $250K golden parachute
US Officials: Al-Qaida Gaining Foothold in Syria
Miner to Pay in Bitcoins for Work at Tungsten Project
Manny Pacquiao prefers to fight in China because of high U.S. taxes
Bitcoin continues to swing without any help from central banks
Low morale continues to plague Homeland Security
Wall Street Journal accused of concealing writers' Mitt Romney links
One By One, California Agents Track Down Illegally Owned Guns
Brazil Halts Muni Market as Banks Collect $140 Mln Fees
At White House Request, Lockheed Martin Drops Plan to Issue Layoff Notices
China's free trade zone plans herald quicker FX reforms
Black Market Drug Site 'Silk Road' Booming: $22 Million In Annual Sales
Students arrested for throwing spitballs, lollipops
Why Police Lie Under Oath