We Don’t Need No Stinking Sparky Cars

Alternative Subsidy 25 Comments

Reuters;

Fisker Automotive, the struggling, government-backed hybrid sports car maker, terminated most of its rank-and-file employees on Friday, in a last-ditch effort to conserve cash and stave off a potential bankruptcy filing […]
About 160 employees were terminated at a Friday morning meeting at Fisker’s Anaheim, California, headquarters, according to a second source who attended the meeting. They were told that the company could not afford to give them severance payments.

h/t Carol

25 Replies to “We Don’t Need No Stinking Sparky Cars”

  1. The global warming/green/sustainable is basically operating a religious cult. When reality sets in, it is like Galileo telling the Catholics that the earth revolves around the sun. Very satisfying to see.
    Of course desperate times for the Global Warming cult bring out truly desperate ideas:
    http://ourhorizon.org/
    Warning labels on gasoline nozzles. Like I said, a religious cult. It has gone beyond just a fraud.

  2. Typo.
    The global warming/green/sustainable *crowd are* basically operating a religious cult.

  6. “Sources said this week that Fisker now is open to selling off pieces of the company, including intellectual property rights for its plug-in electric hybrid technology.”
    Bottom line: There is no breakthrough technology there, folks.
    The ‘magic’ necessary to make the concept work just doesn’t exist.

  7. Doesn’t seem to be a very good time for watermelon industries. Along with Fisker going under, it seems that a number of solar power companies in Australia have also gone bankrupt. What would be interesting to find out is where the huge amount of government money that’s been dumped into these industries has gone. In the US, I suspect that a good chunk of it has gone to watermelon politicians and the favored crony capitalists of the watermelon political class.
    Anyone who looks at this issue objectively can see that electric vehicles are simply not financially viable given the current state of battery technology. For those who want to experiment with such vehicles, I say go ahead and do so but do it on your own dime. The CAGW house of cards is crumbling but the amount of economic damage it has caused is immense. Maybe that was the whole idea; get the world economy to collapse so totalitarians can take over? That would, however, imply far more intelligence on the part of politicians than they’ve demonstrated and I think that stupidity is a far more plausible explanation of the whole financial mess that we face.
    Interestingly, the group that wants to put warning labels on gasoline pump nozzles now claims that we have only 13 years left to make a difference. When I last looked into this matter, I seem to recall that we only had a year or two 3 years ago. Just like the deranged cults that prepare for the end of the world, the failure of the world to end doesn’t make them give up their delusions, it just makes them postpone the end of the world to a future date. This is truly an example of mass hysteria and shared delusions. Unfortunately, these people are not yet commitable to psychiatric hospitals as, in the current psychiatric weltanschauung, mass delusional belief that is mainstream is not considered to be psychotic. Even when a deranged belief system has no support in objective reality, psychiatrists will consider this to be “normal” if it’s a widely held view among the population.

  9. what a shocker…all O’s other “investments” have been so successful. He’s the guy I want next to me at the track so I know how *not* to place my bets.

  10. “That would, however, imply far more intelligence on the part of politicians than they’ve demonstrated and I think that stupidity is a far more plausible explanation of the whole financial mess that we face.”
    You assume that the policy initiatives that the public political faces pursue originate with those public faces instead of them being frontmen for the real policy makers.
    The real policy makers are their advisors/handlers. The politicians are only there to sell the policy to the public.
    George Carlin ~ The American Dream
    http://www.youtube.com/watch?v=acLW1vFO-2Q

  11. I had an electric car once. It ran on two D size batteries. I was 8. I miss it.
    The government is run by people who still think like they were 8 years old.

  12. “They were told that the company could not afford to give them severance payments.”
    So this is progressivism – the company is prepared to bankrupt its employees rather than itself, in order to preserve the major shareholder(read: directors) equity. Isn’t that bass-ackwards for liberals in a “free” market (as in free for me but not for thee…)?

  13. maybe the workers will get their severance when they promise to let the executives out of the little room in the workers basement!

  14. I see that it is the “rank and file” employees who were let go, not senior management. I’ve been through my share of lay-offs (volunteered for one and was accepted, was laid-off involuntarily once), and not once was a senior manager laid off. They’re so important, you see, even though they don’t design things or make things (other than trouble) or repair things; they just have great thoughts. For better or worse, it’s been my fortune to have interacted with a great many senior managers, and there are very few of them whom I’d trust to change a flat tire on a car.

  16. And the media was only days ago trumpeting the first ever profit posted by Fisker. Turns out they were just shaking down the last few pennies from an unsuspecting public. Venture socialism indeed.

  17. In other news, sales of the book “revenge of the electric car” have plumetted and also disappeared from the shelves of offices in the EPA, the Democratic Party, and morning talk show sets everywhere.

  18. Forklift trucks and similar industrial vehicles are readily available. I note that some are designed for outdoor use on rough terrain. When we start seeing these being “borrowed” for recreational use then we will know that the age of the electric vehicle is at hand.
    Not before.

  19. I was surprised to read that Fisker is backed $1.5 billion private equity. They held out one of the best hopes for a purely electric car, too bad they’re failing. Looks like gasoline is going to be king for awhile longer.

  20. It won’t be a total waste. The Chinese won’t have to waste money on R&D once better batteries come out as they’ve surely stolen everything worth knowing by now.

  21. It’s not so much that Evehicles are a bad idea. It’s just keeping the damned government out of the business that is proving tought to do.

  22. Jim
    I used to travel as a “service” tech., and most for the technical problems were actually “people” problems, and usually those people who were the problem were management, not rank an file. Tho there was an occasion or two were unions had their hand in F*cking things up!!!

  23. How ’bout this one. Our Nanaimo politicians/bureaucrats have been trumpeting the installation of 17 charging stations – paid for by taxpayers – despite the fact that only 11 electric vehicles were registered in Nanaimo in 2012.
    Their rationale of course is “if we build them, they will come”.
    It was not stated whether the 11 vehicles were purchased by consumers or by the local gov’t.

  25. Quote from Agiletrail:
    Hanlon’s Razor (“Never attribute to malice that which is adequately explained by stupidity.”)is one of the best tools in life for me so far. It helped me a lot staying cool in dicey situations, because it’s a source of comfort to know that someone is acting out of stupidity rather than out of malice.
    http://agiletrail.com/2011/12/20/hanlons-razor-comfort-in-the-assumption-of-stupidity/
    It’s my contention that carbonazis and their mongrel variants exhibit both traits – Reasoning with them is a fool’s errand.

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