Should capitalists that move their jobs overseas lose their US citizenship?

[KansDem]

22. Yes, he's our "hero."

From the report--

With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.

Vice President Joseph Biden heralded the Energy Department's $529 million loan to the start-up electric car company called Fisker as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the company's manufacturing jobs are still limited to the assembly of the flashy electric Fisker Karma sports car in Finland.

"There was no contract manufacturer in the U.S. that could actually produce our vehicle," the car company's founder and namesake told ABC News. "They don't exist here."

Henrik Fisker said the U.S. money has been spent on engineering and design work that stayed in the U.S., not on the 500 manufacturing jobs that went to a rural Finnish firm, Valmet Automotive.

"We're not in the business of failing; we're in the business of winning. So we make the right decision for the business," Fisker said. "That's why we went to Finland."

The sad fact remains that the manufacture of electric cars should have begun in this country a lot sooner than now. Peak oil and global warming was known about at least since the 1950s:

1956:
Hubbert Peak Oil theory http://en.wikipedia.org/wiki/Hubbert_peak_theory

1958:

And, of course, the Bush Family pals and business partners, the Saudis, turned off the oil spigot in the early 1970s, causing uncertainty as well as an increase in oil prices and gas lines.

Even GM toyed with the idea of manufacturing electric cars in the 1990s. The result was a product that Americans wanted. There were lists of anxious consumers would wanted one of Roger Smith's electric cars:

"Who Killed the Electric Car" http://www.imdb.com/title/tt0489037/

Unfortunately, he had them all destroyed.

We were warned, repeatedly, what would happen if we remained dependent on oil. We should have known what this all would lead to. Unfortunately, we opted for the gas-guzzling SUV and Hummer.

So if the electric car needs to be made in a foreign country, so be it. We had our chance and we blew it. Why? I don't know. Greed? Someone needs to ask the automobile CEOs. Also ask the fossil fuels CEOs.

Perhaps if Al Gore had taken his rightful place as POTUS, there might be a booming electric-car industry in this country today. But he was denied his chance and the presidency was given to W. Need I say more?

But, as the "news" report indicates, the overall plan included the creation of 1,000s of jobs in America. And an automobile for the future. We'll see.

But I do applaud ABC with its attempt at "hard-hitting investigative journalism."