The mission of State Of Emergency is to provide current event news, comments on the news and information on the declared state of emergency continually in effect since March 9, 1933. The citizens of the USA have been codified as the enemy of the Federal Government. The source for the proof of our status as the enemy of the government is found in Congressional
Records, Senate Reports and the Federal Register (see page links). The emergency must be ended in order to restore Constitutional law.
Thursday, October 20, 2011
1/2 Billion Dollar Green Jobs Loan Produces Cars in Finland
Fisker Karma $87,400
One trillion in green jobs loans blow up in the administration's face. First there was the solar energy debacle and now this nasty mess with jobs going to Finland. Al Gore has his hands in this deal also making it all even more interesting.
The Obama administration approved a 529 million dollar federal loan to Fisker to build these luxury hybrids that sell for over 87,000 dollars. Not your typical family car that would be in high demand but a car only the rich 1% could afford. A car that targets the very same people the administration tells us don't pay their fair share. Are these successful people now suppose to buy these foreign made cars and pay higher taxes? After all if the rich don't buy these things and the company fails the US taxpayers will have to foot the bill. Than there is the issue of the 7,500 dollar tax credit you get if you buy a Fisker. That seems kind of like a corporate jet tax loophole to me. Needless to say we are confused about this whole deal.