If her last name were not "Hahn," is there any way Janice Hahn would be on the City Council of America's second-largest city?
The question arises because, in her latest press release, City Council Member Hahn reports excitedly that she is working hard to spend your tax money subsidizing a company called Porteon that wants to make electric cars.
Well, "cars" is something of an over-statement. The finished product looks more like what you would get if you handed a golf cart to the cast of "Pimp My Ride." If you visit Porteon's website, you can't even see a picture of the "cars." What does that tell you?
Nor can I find any evidence that Porteon has been able, despite trying for years, to convince private investors -- you know, people who invest their own money -- to capitalize the company adequately to start making these golf carts.
That's understandable once you lay your eyes on the "car." Would you really want your loved ones going anywhere in it, other than from one green to another?
But Janice Hahn is so very confident in her abilities as an investment banker that she is willing to bet millions of dollars of your money on this venture. Hahn hopes that, by giving the company your money and letting it use your land, she will convince its owners to open a factory to start making cars in Watts.
Public policy at its finest: tax struggling businesses during a recession so that career politicians can hand their money to people who cannot convince private investors they will ever turn a profit. What could possibly go wrong?


Check this out. There may be a Hahn connection:
ReplyDeletehttp://online.wsj.com/article/SB10001424052748704107204574473724099542430.html
The golf-cart boom has followed an IRS ruling that golf carts qualify for the electric-car credit as long as they are also road worthy. These qualifying golf carts are essentially the same as normal golf carts save for adding some safety features, such as side and rearview mirrors and three-point seat belts. They typically can go 15 to 25 miles per hour.
In South Carolina, sales of these carts have been soaring as dealerships alert customers to Uncle Sam's giveaway. "The Golf Cart Man" in the Villages of Lady Lake, Florida is running a banner online ad that declares: "GET A FREE GOLF CART. Or make $2,000 doing absolutely nothing!
Astute observation. That "car" is so butt-ugly that I can see why private investors stayed away from it like the plague. Looks like yet another boondoggle in the works by a simpleton member of the "Dirty Dozen" L.A. City Council.
ReplyDeleteWe need to run All of these idiots out of office NOW!
ReplyDeleteQuestion:
ReplyDeleteHow is this going to improve the quality of life for her Fifteenth District?
She should take a walk in my neighborhood counting cracks in the sidewalk, the number of
times she has to duck under tree branches while
she walks the sidewalks. Or she can come by after dark and count the blinking on and off street lights.
She could count the number of water pools along the curb and maybe make a count of the misquotes who breed there.
Could it be that we don't count much to her?
I say first things first.
A Harbor City Resident
Butt-ugly and brain-dead don't begin to describe this. I'm waiting for it to talk, like those stupid little butt-ugly cars in the tedious Chevron commercials.
ReplyDeleteTake a close look at where the "roof" of the "car" meets the sides. It's looks as though its just a towel tied on!
ReplyDeleteUnbelievable. How do these crooks get elected. Have you seen the movie "Idiocracy"? Well, our current policiticians make the characters in that movie look like geniuses.
ReplyDeleteHey, Walter! Hahn mowed down the mayor yesterday in this thing, right?
ReplyDeleteAnybody ever visited the Philippines? Maybe these buggies are for export? I hope...
ReplyDeleteAs absurd as this is, it gets even more absurd when you realize that Hahn and the people who support what she is doing actually believe they're doing good work. I mean, in my mind, this is a laugh riot. If this was in a movie, I would be in tears from laughing. Unfortunately, these people really do work in city government, and really are spending our money on this stupidity.
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