Wasting money on green sh*t

Russel Norman and the rest of the Green taliban constantly bang on about “green jobs” and “green tech and other such weasel descriptors. What they really are is way to waste money on green shit:

You should know Fisker because you have helped to finance the Anaheim, Calif., company that makes ? well, has made a few ? electric cars. Its only model, the Karma ? really; Obama administration green investments are beyond satire ? costs $110,000. Your subsidy helped Justin Bieber, the fabulously rich Canadian teenager (he sings), buy one. No one ever said saving the planet one electric car at a time would be easy.

The Wall Street Journal reports that despite Fisker?s $192?million in Energy Department loans, the Karma ?has been hobbled by recalls and quality problems? and the company has sacked half its employees. But perhaps Fisker?s biggest problem is that its source of batteries, A123 Systems, has gone bankrupt in spite of its $249?million Energy Department grant. The administration that in the fiscal cliff drama is demanding control of much more of the nation?s wealth is the author of many Solyndra-style debacles.

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