Donate

Tesla Motors Pays Back Gummint Loan 9 Years Early, Proving That Green Energy Is A Scam

News

Hey, remember how the bankruptcy of asolar panel company proved beyond any doubt that gummint should not be picking winners and losers, and green energy is a joke? On a scale of Watergate to Benghazi, one company filing for Chapter 11 was obviously a Fast and Furious. Some guy -- we forget his name, but he liked car elevators and dancing ponies (not that there's anything wrong with dancing Ponies) -- went a step further during the last presidential campaign and insisted that all government investment in renewable energy was therefore a crock. Among the companies he said was an obvious "loser" was Tesla Motors, a plucky electric-car startup that had 13,000 orders for its Model S even as wossname said it was going to fold. Then again, the former auto executive called it "Tester" motors, so maybe he just meant them.


What ever happened to that guy, anyway?

Turns out that the company name wasn't all he botched, since Tesla Motors just repaid its $465 million loan to the feds, nine years before it was due. We look forward to the usual suspects' careful explanations of how this proves nothing, because obviously Tesla would have done just fine without Precious Taxpayer Moneez. You know, like GM didn't need a bailout and Fannie Mae would never pay back its loans.

So just how hard is Tesla failing? You know, besides its Model S being the bestest car in the history of ever according to Consumer Reports? What about that loan thing? Please enlighten us (with energy-saving compact fluorescent bulbs), San Jose Mercury News:

"This is another important contribution to what the Obama Administration has done to preserve and promote America's auto industry," U.S. Energy Secretary Ernest Moniz said in a statement Wednesday. "This announcement is also good news for the future of America's growing electric vehicle industry."

Moniz noted that sales of electric vehicles in the United States tripled last year and said "Tesla and other U.S. manufacturers are in a strong position to compete for this growing global market."

Not too shabby! Yr Editrix also recalls asking her dad what the big deal about Lee Iacocca was, and he was all like, "He got a government loan that no one expected him to pay back, AND HE PAID IT BACK!!" Funny, you would almost think that loans and loan guarantees to private industry can actually have good results, which is obviously crazy talk.

Hey, Tesla Motors Press Center! Yr Wonkette would just like to note that a road trip from Boise to Seattle would be an excellent showcase for the long-distance capabilities of the Model S. We are just saying.

[MercuryNews via PoliticusUSA]

Doktor Zoom

Doktor Zoom's real name is Marty Kelley, and he lives in the wilds of Boise, Idaho. He is not a medical doctor, but does have a real PhD in Rhetoric. You should definitely donate some money to this little mommyblog where he has finally found acceptance and cat pictures. He is on maternity leave until 2033. Here is his Twitter, also. His quest to avoid prolixity is not going so great.

$
Donate with CC

Donald Trump held another great big slob picnic in Orlando, Florida, last night, where he "announced" the "start" of his 2020 campaign, which will be exactly like his 2016 campaign except for the minor detail that he's actually been in the White House since 2017, which is really a bummer, man. Still, it's no reason he can't run as an outsider who vows to protect everyday Americans who believe he's just like them. The rally was a mishmash of the same damn shit he's said a million times before, and the rubes loved almost every minute of it except for the boring parts when he talked about stuff he's supposedly achieved in office, because not even his supporters care about trade policy or tariffs. They want an enemy, and they want to be told they and Trump will destroy that enemy together because they are the real Americans. So that's what Trump gave them, again and again, a feast of fear and resentment designed to get them to the polls. It was enough in 2016, and Trump thinks it'll do the job in 2020.

If there was anything new in the speech -- which was mostly Trump reading from a teleprompter, plus the expected weirdass asides -- nobody has identified it. He complained about the press and the crowd chanted "CNN sucks," and he explained what a threat to the nation Hillary Clinton is -- in fact, he mentioned her eight times during the 80-minute rant.

Keep reading... Show less
$
Donate with CC

Spinal Tap - Gimme Some Money

Some dick is suing your Wonkette! If you are able, will you please send money?

1. Pick "just once" or "monthly."

2. Pick an amount, like say "all of the money."

3. Click "paypal" if you are paypal or "stripe" if you are not paypal.

4. MONEY.

5. Carry on with your day, and with new posts below!

How often would you like to donate?

Select an amount (USD)

$
Donate with CC
Donate

How often would you like to donate?

Select an amount (USD)

Newsletter

©2018 by Commie Girl Industries, Inc