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	<title>the cman blog &#187; Hot Wheels</title>
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	<description>&#039;c&#039; is for: connor, clinton, computers, and change</description>
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		<title>Feds Take Stake in Fisker Automotive</title>
		<link>http://cman.cx/blog/index.php/2009/09/23/feds-take-stake-in-fisker-automotive/</link>
		<comments>http://cman.cx/blog/index.php/2009/09/23/feds-take-stake-in-fisker-automotive/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 14:10:13 +0000</pubDate>
		<dc:creator>Connor</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Hot Wheels]]></category>

		<guid isPermaLink="false">http://cman.cx/blog/?p=614</guid>
		<description><![CDATA[Back in May when I expressed the pipe-dream goal of letting Chrysler and GM die I said that there was a new American auto industry waiting to grow fertilized by the corpse of the old. Well, our Socialist overlords have apparently taken this to heart and have loaned Fisker $528M to help finance the building of a plug-in hybrid sedan. The California startup said most of the $528.7 million low-interest loan will help finance project Nina, a four-door, five-passenger mid-size plug-in hybrid that will build on the technology underpinning the gas-electric Karma. Whereas the Karma (pictured above) will start at $87,900 when it goes on sale next year, the Nina is expected to cost $39,900 after the $7,500 federal tax credit for EVs and plug-in hybrids. This follows the August DOE loan of $465m to Tesla motors which announced that same month that it is finally turning a profit. All of this of course, dwarfs the several billion dollars that has been doled out to the Detroit Dinosaurs.]]></description>
			<content:encoded><![CDATA[<p>Back in May when I expressed the pipe-dream goal of <a href="http://cman.cx/blog/index.php/2009/05/07/let-chrysler-and-gm-die/">letting Chrysler and GM die</a> I said that there was a new American auto industry waiting to grow fertilized by the corpse of the old.  </p>
<p>Well, our Socialist overlords have apparently taken this to heart and <a href="http://www.wired.com/autopia/2009/09/fisker-automotive-loan/">have loaned Fisker $528M</a> to help finance the building of a plug-in hybrid sedan.</p>
<blockquote><p>
The California startup said most of the $528.7 million low-interest loan will help finance project Nina, a four-door, five-passenger mid-size plug-in hybrid that will build on the technology underpinning the gas-electric Karma. Whereas the Karma (pictured above) will start at $87,900 when it goes on sale next year, the Nina is expected to cost $39,900 after the $7,500 federal tax credit for EVs and plug-in hybrids.
</p></blockquote>
<p>This follows the August DOE loan of $465m to Tesla motors which <a href="http://www.wired.com/autopia/2009/08/tesla-profit/">announced that same month that it is finally turning a profit</a>.  All of this of course, dwarfs the several billion dollars that has been doled out to the Detroit Dinosaurs.</p>
<p><img src="http://www.wired.com/images_blogs/autopia/2009/09/fisker_f.jpg" alt="Fisker Roadster" width="550px"/></p>
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		<title>Clinton Hot Wheels</title>
		<link>http://cman.cx/blog/index.php/2009/05/23/clinton-hot-wheels/</link>
		<comments>http://cman.cx/blog/index.php/2009/05/23/clinton-hot-wheels/#comments</comments>
		<pubDate>Sat, 23 May 2009 14:05:03 +0000</pubDate>
		<dc:creator>Connor</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Hot Wheels]]></category>

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		<description><![CDATA[There is only one thing green about this classic beetle I saw parked out in front of the YWCA Friday. But it is full of win! And yes, there is a VW pancake 4 under there.]]></description>
			<content:encoded><![CDATA[<p>There is only one thing green about this classic beetle I saw parked out in front of the YWCA Friday.  But it is full of win!  And yes, there is a VW pancake 4 under there.</p>
<p><img src="http://cman.cx/media/green_hot_bug.jpg" alt="Hot Rod Beetle" / width="550px"></p>
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