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why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
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sparkomemphis Offline
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Post: #1
why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
http://online.wsj.com/article/SB12538316...TopStories

Quote:WASHINGTON -- A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.
09-25-2009 01:14 PM
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DrTorch Offline
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RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
It's a loan. We'll get it all back...with interest!
09-25-2009 01:34 PM
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sparkomemphis Offline
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Post: #3
RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
(09-25-2009 01:34 PM)DrTorch Wrote:  It's a loan. We'll get it all back...with interest!
But will it be more $$ than the US is paying to borrow the money ?
09-25-2009 01:36 PM
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DrTorch Offline
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RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
(09-25-2009 01:36 PM)sparkomemphis Wrote:  
(09-25-2009 01:34 PM)DrTorch Wrote:  It's a loan. We'll get it all back...with interest!
But will it be more $$ than the US is paying to borrow the money ?

Racist.
09-25-2009 01:47 PM
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TheDancinMonarch Offline
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Post: #5
RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
(09-25-2009 01:47 PM)DrTorch Wrote:  
(09-25-2009 01:36 PM)sparkomemphis Wrote:  
(09-25-2009 01:34 PM)DrTorch Wrote:  It's a loan. We'll get it all back...with interest!
But will it be more $$ than the US is paying to borrow the money ?

Racist.

If your against Obama your a racist. If you oppose an AlGore project you are an idiotist.
09-25-2009 01:50 PM
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GGniner Offline
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Post: #6
RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
they aren't going to sell many of those at that price to earn the investment back.

I wonder if anyone other than the government, would've made this loan
09-25-2009 02:10 PM
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sparkomemphis Offline
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Post: #7
RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
(09-25-2009 01:50 PM)TheDancinMonarch Wrote:  If your against Obama your a racist. If you oppose an AlGore project you are an idiotist.

What if I'm opposed to 99% of what both of them want ?
09-26-2009 01:14 AM
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RobertN Offline
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Post: #8
RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
(09-25-2009 01:50 PM)TheDancinMonarch Wrote:  
(09-25-2009 01:47 PM)DrTorch Wrote:  
(09-25-2009 01:36 PM)sparkomemphis Wrote:  
(09-25-2009 01:34 PM)DrTorch Wrote:  It's a loan. We'll get it all back...with interest!
But will it be more $$ than the US is paying to borrow the money ?

Racist.

If your against Obama your a racist. If you oppose an AlGore project you are an idiotist.
I guess you are both then. :)

Seriously, yeah, it is a lot of money but once these companies are up and running and selling product, as mentioned in the story, the future products could become more affordable to a larger population. Why they didn't do this with GM, I don't know. It seems more logical but maybe the thoughts are that the two American companies can prosper and take away marketshare from foreign competition?
09-26-2009 02:39 AM
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West Is the Best Offline
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Post: #9
RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
(09-25-2009 01:50 PM)TheDancinMonarch Wrote:  
(09-25-2009 01:47 PM)DrTorch Wrote:  
(09-25-2009 01:36 PM)sparkomemphis Wrote:  
(09-25-2009 01:34 PM)DrTorch Wrote:  It's a loan. We'll get it all back...with interest!
But will it be more $$ than the US is paying to borrow the money ?

Racist.

If your against Obama your a racist. If you oppose an AlGore project you are an idiotist.

"you're" not "your":banghead:
09-26-2009 07:51 AM
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BlazerFan11 Offline
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Post: #10
RE: why is the US government loaning 1/2 BILLION $$ to build and car in finland ?
West, if you want to be the grammar police, you should probably start your sentence with a capital letter and end with some sort of punctuation.
09-28-2009 08:18 AM
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