20 Apr '12, 6pm

Ex-Fisker chair blames Mitt Romney's attacks for DOE loan hold-up

This excerpt doesn't do justice to the actual article. It seems this more of a dispute between Lane and Romney. That said, I find it baffling that the right just bashes innovative American car companies. I have my doubts about Fisker's viability. But to suggest it's in the same league as Solyndra? And the latter brings up an interesting point...the best venture capitalists can't bat a thousand. Yet, people expect the government too? There has to be some acceptance that some investments won't pan out, but that the creation of these companies will create the intellectual capital and promote the industrial base that will propel the country in the long run. Interestingly, while the some criticize the US government for investing in Solyndra, the Chinese are going full-bore on subsidies to solar energy companies, some of whom now the US as a successful export market.

Full article: http://green.autoblog.com/2012/04/20/ex-fisker-chair-blam...

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