Gore-Backed Car Firm Gets Large U.S. Loan
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.
So US tax payers give Al Gore $529m which get invested in Finland so its not even creating jobs in the US??
Gore’s Dual Role: Advocate and Investor
Mr. Gore and his partners decided to back the company, and in gratitude Silver Spring retained him and John Doerr, another Kleiner Perkins partner, as unpaid corporate advisers.
The deal appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants. Of the total, more than $560 million went to
utilities with which Silver Spring has contracts. Kleiner Perkins and its partners, including Mr. Gore, could recoup their investment many times over in coming years.
Silver Spring’s head office is based in Canada and a 2nd office in Australia
So far that is 1 US billion tax dollars given to Al gore “backed Companies” and does not benefit Americans at all. Oh but you will get to purchase a car for $89,000 and the profits go back to Finland
Oh and look Al Gore Set To Become First “Carbon Billionaire”
Anyone who thinks Al Gore is not a con man and Man Made Global Warming is real should have “Tool” stamped across their forehead.
utilities with which Silver Spring has contracts. Kleiner Perkins and its partners, including Mr. Gore, could recoup their investment many times over in coming years.