Earlier this week, a company titled Aurica Motors presented a plan to build electric cars at the soon-to-be-vacated NUMMI plant in Northern California. All the company needs is, oh, a billion dollars or so from the federal government and it'll be up and running, saving jobs and building clean cars.

Sound a wee bit optimistic to you? Actually, it's a complete fantasy as Aurica Motors has eight employees, no experience building cars and virtually no chance of utilizing even a fraction of the giant plant's capacity. Not surprising though. Once the government starts handing out money it's only a matter of time before a line starts to form.

Green Car Advisor has the complete story on this ridiculous money grab.