Obama Admin. Defends Fisker Cars From Solyndra Comparison

The Obama administration has defended its decision to allow Fisker Automotive to assemble its high concept electric sports sedan, the Karma, in Finland, even though U.S. taxpayers had made a major investment in the car's development -- saying none of the American money was spent on the car's overseas assembly. But Republican critics this weekend challenged the administration's explanation, saying federal loans should have only supported applicants who would be building their cars on American...Full Story
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