Are We Wasting More Money Tax Payer Money By Investing In Tesla And Fisker?

no we're making a great investment. and the GM bailout wasn't a waste either. if GM didn't exist anymore it would hurt us way worse than the bailout.

A good investment would be the government buying shares of these companies. As it is right now they are simply cash handouts.

and who would you be? stick to humping your cousin. seriously. people like you ran the whole world wide economy into the ground with your idiotic "small government" fantasy. it's just as dumb as communism, in that it DOES NOT WORK

So because my views differ from yours (not oppose, simply differ) I should "stick to humping your cousin". LOL! I'd hate to see what you would have called me if I said that fisker and tesla have no right to get any govt money.

If you have a different view than he, he flings personal insults, spews his narrowminded bigoted images of others, demeans and belittles, etc
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LMAO that is a story book definition of a conservative. in fact, if it wasn't for narrowminded biggotry and personal insults, i really have no idea what you conservatives would talk about these days. biggotry and insults is all you got left!

I beg to differ. What you're expressing is the human desire for safety while cutting out that other human desire, that is the quest for progress and prosperity.
GM was and is dead in the water. If it went belly up we would have one less tax money black hole, much smaller unions and more cars that people actually want to buy. GM, the name, would eventually disappear, not the industry. We'd still need and buy just as many cars, just different ones.
GM going bust would not destroy jobs, it would move them elsewhere, to more productive/attractive environments (i.e. not today's Michigan). Michigan themselves could be booming with business right this second if they chose to. How? Cut the damn' taxes!

As for Tesla and Fisker, it's the same thing in reverse. If the product is good, I'll buy it with money out of my own pocket, no need for the government to help them make/sell it. If the prospects are indeed good, there are tons of investors out there (i.e. every single worker with a retirement plan) looking for a place to invest a buck for a decent profit. Between the government giving them your money for nothing, and you choosing to buy a few shares in some "high-growth green energy" fund, what would you choose?

And one final thing: "if GM didn't exist anymore it would hurt us way worse than the bailout".
Yes, it would hurt us more, but we'd be healthy after that. As it stands, it hurt us quite bad, it will hurt some more and the cancer is still spreading.

And one final thing: "if GM didn't exist anymore it would hurt us way worse than the bailout".
Yes, it would hurt us more, but we'd be healthy after that. As it stands, it hurt us quite bad, it will hurt some more and the cancer is still spreading.— SP2Hybrid


That is your point of view.


Now, DinamoR I would like an honest answer, don't answer to the question for an outcome I'm looking for.

Do you give to charity? Do you volunteer your time on a regular bases to others less fortunate than yourself? Do you take time with your grandparents (if you are fortunate to have them, some of us don't) How do you view the elderly? If you could answer those truthfully, I will make a point.

I'm torn about giving to Tesla and Frisker. I'm bias to the fact that I don't think these companies need the money. The government gives to promote environmental progress, but I think it should do so on a company needs bases. Despite its mismanagement, GM needed a hand out pretty much like Toyota will need some cash within the next 3 years from Japan. It happens. But with a a return to profit, these companies should pay back the money and get the hell away from the government's clutches.

Definitely a waste of money. Using my tax money to create play toys for rich people is not the way to invest in technology.

The money would have much better spent on companies developing new battery and other key technologies, not automobiles. The power system is the challenge, not the automotive wrapper.

Exactly.

and... there goes my respect for Ford.

The recall was for the Ranger and Explorer, personally I don't care about those models enough to have it worry me and my interest in the 2010 Fusion SEL AWD.

As for Fisker/Tesla. I am pretty against giving Al Gore more money, especially for a company that produces overseas and is not based here in the US (not even production is here). Wouldn't the government had been better off giving money to Chevy for the Volt production cost reduction instead of this company that makes a 70k car that a majority will never afford.

But wait, they said they are looking into and going to work on a more affordable small model to compete. Is that similar to Obama promising to do all of these things and winning the Nobel Prize because of it? Hey, government. I promise to use less energy/fuel by tele-commuting if you help me by giving me money to expand my house and add an office and buy me the supplies necessary (new laptop, desk, etc.) Then you can also buy me a nice comfy chair so I can help extend my life expectancy. Give me a break.

Back on topic. The answer to this question is yes they wasted money. Just like we are going to waste money on researching Latina prostitutes.