CROSS MY HEART
The US Department of Energy just OK’d a $529 million loan to Fisker Automotive, a start-up company that promises to build an energy efficient electric car that will appeal to the luxury market, i.e. cars priced at $80 to $90,000. Now why are we loaning millions of dollars to an unknown car company that has yet to build a single car that it plans to market to Sean Penn? Well, for one thing, Fisher Automotive’s top investor is the venture capital firm, Kleiner Perkins Caufield & Byers which just coincidently has donated over $2 million to Democratic campaigns.
Want another coincidence? Al Gore is a partner in Kleiner, Perkins, et. al. When Matt Rogers, the Democrat functionary who oversees the federal loan program was asked if Mr. Gore had any influence in the loan decision he tersely responded, “none at all.” It’s not reported if he crossed his heart and hoped to die.