ArcaMax

Now, having lost a reported $1.4 billion in total so far to produce about 2,000 cars (you do the math) Fisker is back at the trough for another heaping' helping. A new 555,670 square foot factory in Moreno Valley, CA will be opened shortly to make another handful of hand-built electric exotics. These cars will be powered by batteries made by the same company (A123 Systems) whose batteries were recalled back in 2011 due to a design defect that resulted in fires, which resulted in numerous crispy-fried Karmas.

Since it can't find private backing - people freely willing to put their money toward the project - Fisker is getting "help" from guess who? That'd be you. And me. Anyone who's forced top pay taxes.

The extorted money will be taken from us - and given to Fisker (and other such worthy recipients). There will be "rebates" and "incentives" and "carbon credits" galore.

This will "create jobs," according to backers (which, not surprisingly, includes the infamous Al Gore, who is a partner in the firm and also grown very wealthy being "green"). How many jobs? The company says about 150 - plus the 240 who are already employed (if you can call it that) at the Fisker headquarters in Costa Mesa.

So, that's 390 jobs - and about 2,200 cars so far. It's amazing - a testament to American torpidity - that there are not mobs of people with pitchforks in the streets.

Fisker - and Tesla - are latter day Marie Antoinettes. Their audacity - their effrontery - beggars belief. Average people of average means are compelled to hand over money they desperately need just to make ends meet - to pay the rent, to keep food on the table - so that fabulously wealthy celebrities like Leonardo DiCaprio can drive around in a Fisker Karma (or a Tesla S).

The money sunk into just one Fisker Karma would have been sufficient to buy thousands of people a brand-new 40 MPG economy car. Better yet, if the government kept its hands out of those people's pockets, they'd have to sweat the cost of a filling-up whatever they already have a bit less. But of course, that's not very "green." Which these days, has more than just one meaning … if you know what I mean.

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www.ericpetersautos.com or EPeters952@aol.com for comments.