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Report: Obama-backed Fisker lays offs workers, faces suit by Solyndra-related firm

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  • Report: Obama-backed Fisker lays offs workers, faces suit by Solyndra-related firm

    Fisker Automotive -- the electric-car maker that was granted a half-billion-dollar federal loan and on Friday dismissed about 75 percent of its remaining workforce -- is purportedly facing a lawsuit from the same firm that sued the government-funded Solyndra company.


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    Re: Report: Obama-backed Fisker lays offs workers, faces suit by Solyndra-related firm

    Another propped up company down the drain with hundreds of millions of taxpayer dollars wasted away. They just don't understand why and how capitalism works. The government has to stay out of the market and stop picking winners and losers. The market will decide who wins or loses. Adam Smith called it "the invisible hand."
    Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. George Washington

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