However, that was the least skewed portion of segment. Fox
News and its analysts went on to infer that Tesla and Fisker were not
American companies and had illegitimately obtained loans from U.S.
taxpayers. The commentators claimed that Tesla was based in
England and Fisker in Finland. They also criticized the
vehicles for being too expensive for "most Americans" to
afford. Cheered by the Fox News anchor, hosted analyst David
Williams remarked, "This isn't going to help average Americans.
This isn't going to help the working class get these cars."
courtesy of Media Matters]
In both cases the testimony was misleading. Tesla's European
headquarters is indeed based in Windsor, UK. However, the
majority of its business is within the United States, as is its
international headquarters -- located in San Carlos, California.
Similarly, Fisker does have a Finnish connection -- its plug-in
hybrid Karma sports car is being sub-manufactured by Valet
Automotive in Finland. Fisker's headquarters, though, is in
Irvine, California. Furthermore, the practice of outsourcing
manufacturing is commonplace among the U.S.'s larger automakers, GM,
Ford, and Chrysler. A recent study indicated that Toyota Motors
-- a non-American firm has in fact, the greatest amount of parts,
monetarily, produced in the U.S.
The $528.7M USD for Fisker and $465M USD doled out to Tesla hardly
seem egregious in comparison to the tens of billions that GM and
Chrysler received. Even Ford has received far more -- receiving
USD in the most recent round of advanced technology loans.
Fisker chose to put
out a press release to try to correct these inaccuracies, while
declining to specifically target Fox News. CEO, Henrik Fisker
writes, "American automaker Fisker Automotive was recently
approved for a conditional loan of $528 million by the Department of
Energy (DOE). While news reports were mostly factual, some ignored or
marginalized the truth, or sensationalized irrelevant aspects of the
loan and our company."
The release emphasizes that the DOE funding will not be used in
overseas operations and will, in fact, help create or save 5,000 U.S.
jobs. The company laments that the Karma is being assembled in
Finland, saying it only turned to outsourcing when no U.S. plant
would agree to produce the vehicle, likely due to its small
production numbers. It says that much of the loan money is
going towards retooling a U.S. assembly plant for its $40,000 plug-in
hybrid (Project NINA) – the facility will have the capacity to
build 75,000 to 100,000 vehicles a year by 2012. It also states
that it is confident that it will be able to repay taxpayers, with
Fisker concludes, "It is unfortunate how false
information can be disseminated and it is our intention to correct as
much of it as possible."
quote: Correct. Lately they have been on a crusade against Obama and healthcare--it has come to the point where every time I turn it on I expect to hear about it. Now, that is within their right, however, I like to hear about other things besides that every once in a while.
quote: If we allow the Government to destroy 1/6 'th of our Economy, and rob future generations of the prosperity we had, then what's the point of talking about "other things" ?
quote: As a Canadian watching from the sidelines, this is quite amusing with our "death panels" xD
quote: At least if the government were involved in this, you'd have someone to complain to and could even, if it came down to it, try to have the responsible party replaced through the political system. needless to say, that is not in any way possible now.
quote: You do realize that you can still have private insurance, right?
quote: The only difference is that your tax is about 1% higher and you get free healthcare.
quote: No private insurance company will be able to compete with the government and stay in business, because everyone will switch to "free" healthcare.
quote: Especially when they slip on the clause that makes it illegal to not have government insurance.
quote: Yeah, just like the post office wiped out all private competition. Oh yeah....
quote: God you kids are either stupid, uninformed, or probably both.
quote: Tesla/Fisker are AMERICAN companies. While they do business overseas that makes them no more or less American than GM/Chrysler.
quote: They are BASED oversees. How can a company that was created, founded, and has their headquarters in the UK be considered an American company ??I don't understand, can somebody help me figure this out? Am I taking crazy pills or are you guys nuts/retarded...
quote: international headquarters -- located in San Carlos, California.
quote: Fisker's headquarters, though, is in Irvine, California.
quote: Fisker Automotive is a green American premium sports car company with a mission to create a range of beautiful environmentally friendly cars that make environmental sense without compromise.
quote: Tesla Motors Inc. is a Silicon Valley-based company that engineers and manufactures electric vehicles (EVs).
quote: Again, you're parroting the political rhetoric of Fox News, which is inaccurate. Tesla and Fisker are based in America, sell chiefly to America, and will -- with the help of these loans -- produce primarily in America.
quote: News networks takes a shot at the green movement
quote: The building of high-end electric vehicle is an intelligent business choice as it offers them immunity from the problems of mass market appeal and the continuity required to do the R&D that will put effective and affordable mass market electric vehicles on the road.
quote: Intelligent business choices don't require government subsidies. Again, they are NOT a "green" company. They are out to maximize profit margins, not saving the planet.
quote: And please don't try to sound smart with lines like "You're not really good at this whole debating thing... :P " If you don't know that there are several sides to an issue then you would do best to STFU.
quote: You know what Mick, seeing as how over half your articles here get ripped apart for being inaccurate, poorly edited, and terribly biased, I'll take my chances with Fox News thank you much.
quote: electric roasters for rich playboys.
quote: we're giving almost a billion dollars of taxpayer money
quote: Name me one new technology that hasn't had a (n at least relatively) high entry cost which drops over time. This is a futures investment: by pumping money into these companies DOE is hoping to push us up the learning curve and get some cheap electric vehicles.
quote: Remind me again, how many dollars did GM get? The company that uses less American-made parts then Toyota? Oh yeah. That's what I thought.
quote: money that Bush signed for.
quote: The $528.7M USD for Fisker and $465M USD doled out to Tesla hardly seem egregious in comparison to the tens of billions that GM and Chrysler received. Even Ford has received far more -- receiving $5.9B USD in the most recent round of advanced technology loans.
quote: Mick is doing something called "rationalising" and "putting into perspective".
quote: Maybe I'm just another 'dumb right winger'
quote: BTW...since when has a government investment into a business enterprise ever worked?
quote: I haven't seen any particularly bad news about the banks that received TARP.
quote: Why does anyone want the government providing money for ANY of these private companies?
quote: Why is the fact that Tesla may not be an American company a sticking point?
quote: As far as the tea parties - If Fox News promoted them, then folks on MSNBC trumpeted them as all being racist. Once again, you're only seeing things from your POV and utterly FAILING at seeing anyone else's. Everyone else is wrong, and clearly you are right.../sarcasm. Please, give me a break.
quote: The persistent under-performance of the United States health sector across domains of health outcomes, quality, access, efficiency and equity, explains opinion polls that show increasing consensus of the notion of government intervention to secure more equitable access to essential health care.A more effective public sector stewardship ofthe health sector is, thus, justified on the groundsof greater efficiency and equity.This crucial stewardshiprole is often misinterpreted as a mandatefor centralized planning and complete administrativecontrol of the health sector.
quote: Worse yet, practically all of the 36 nations that ranked higher than them offer universal health care.
quote: Even Turkey, Columbia, Chile, and Morocco were able to beat out the US in overall care and accessibility... That's embarrassing...
quote: Tell me that again after you die of cancer while waiting months for MRI's, appointments, and other procedures readily available in the US
quote: Tell me that again after you die of cancer while waiting months for MRI's, appointments, and other procedures readily available in the US
quote: Except that we have it for free and the US has it for more than a fair price to pay. Usually in the tens of thousands for something we can get for free here.
quote: There has been no link whatsoever showing a link between the cost of healtcare and doctors practicing "defensive medicine" or any relationship between "frivolous lawsuits" and the cost of healthcare.
quote: Doctors ordering tests or procedures not based on need but concern over liability or increasing their income is the biggest waste of health care dollars, costing the system at least $210 billion a year, according to the report. The problem is called "defensive medicine.""Sometimes the motivation is to avoid malpractice suits, or to make more money because they are compensated more for doing more," said Dr. Arthur Garson, provost of the University of Virginia and former dean of its medical school. "Many are also convinced that doing more tests is the right thing to do."
quote: Try Again
quote: Estimates vary vastly.
quote: Consumer impact: Redundant tests can pump up premiums for the insured. "Consumers' premiums could be 10% lower if doctors stopped this practice," Woodward said.From a medical standpoint, excessive tests can also be harmful to patients if errors or complications occur, said Dr. Manish Sethi, a member of the MMS' board of trustees and co-author of a 2008 study that investigates and quantifies defensive practices in Massachusetts.The MMS surveyed more than 830 physicians across eight specialty areas in the state and found 83% reported practicing defensive medicine at an estimated cost of $1.4 billion per year.
quote: Second, increases in malpractice costs (both premiums overall and the subcomponent factors) do not seem to affect the overall size of the physician workforce, although they may deter marginal entry, increase marginal exit, and reduce the rural physician workforce.
quote: Woodward disagreed. He ranks defensive medicine as the second-biggest burden on health care costs after the fee-for-service model in which doctors are paid for the quantity, rather than the quality, of services provided.Woodward estimates that defensive medicine accounts for about 10% of health care costs. Some industry studies have translated that to more than $100 billion in health care costs annually."We are driving the standard of care more and more in the defensive direction," he said. "Physicians are practicing maximalist medicine rather than optimalist care.Woodward defines optimalist care as everyone getting high-quality care, when they need it, in a cost-effective way.He said the uninsured are getting "minimalist" care while insured Americans are getting maximalist care, or more than what they need from doctors due to fear of liability, the fee-for-service payment model and direct-to-consumer advertising.
quote: Defensive medicine occurs when a doctor orders tests or procedures not based on need but concern over liability, explained Dr. Alan Woodward, former president of the Massachusetts Medical Society (MMS) and vice chairman of its committee on professional liability.
quote: From a medical standpoint, excessive tests can also be harmful to patients if errors or complications occur, said Dr. Manish Sethi, a member of the MMS' board of trustees and co-author of a 2008 study that investigates and quantifies defensive practices in Massachusetts.The MMS surveyed more than 830 physicians across eight specialty areas in the state and found 83% reported practicing defensive medicine at an estimated cost of $1.4 billion per year.
quote: A total of 824 physicians (65%) completed the survey. Nearly all (93%) reported practicing defensive medicine...Conclusion Defensive medicine is highly prevalent among physicians in Pennsylvania who pay the most for liability insurance, with potentially serious implications for cost, access, and both technical and interpersonal quality of care.
quote: There has been no link whatsoever showing a link between the cost of healtcare and doctors practicing "defensive medicine"
quote: The study found, he said, that 90 percent of the doctors suffered significant mental effects from the lawsuits. After the cases ended, half of them stopped offering certain services; another 50 percent dropped certain types of patients. However, the most disturbing effect was that 10 percent of the doctors contemplated suicide.
quote: The American Medical Association, the group representing doctors, last month mentioned "health courts" as one option."Let's have special courts for patients just like bankruptcy court or patents courts and judges have medical training," said Woodward. "In the current system, medical cases are heard by judges who may not be trained in health care. Jurors have no background in health care and jury awards are huge."
quote: Sethi offered other ideas such as a national standard of care, enforced by the Department of Health and Human Services, mandating specific clinical practice guidelines for doctors.
quote: while failing to note that prominent conservative Colin Powell was also an investor and strong supporter
quote: It was the liberal left that kept and pushed for segegration.
quote: See, I can play the unsubstantiated generalization game too!
quote: I can appreciate the arguments behind true conservatism -- freedom of speech, the right to bear arms, freedom of religion, removal of punitive punishment of petty drug possession, etc.
quote: This isn't a new phenomenon. It was used extensively to keep segregation alive, to promote redlining, etc. So why are we acting as if this is a new thing that African Americans started?
quote: Barring the stupidity of your logic, I'll say again, calling Powell a Conservative is not only a flat out lie, but a show of ignorance on the matter.
quote: Whatever the reason, its none of our damn business; and considering he's served under two conservative administrations (which is probably more than you've served under, I'm willing to bet) I don't think you might be the right authority to judge whether or not it is a lie.
quote: I'm Canadian!