When the gas engine came on, Consumer Reports got about 30 miles to the gallon of premium fuel; which, in terms of additional cost of high-test gas, drives the effective mileage closer to 27 mpg. A conventional Honda ( HMC - news - people ) Accord, which seats 5 (instead of the Volt's 4), gets 34 mpg on the highway, and costs less than half of what CR paid, even with the tax break.
It's campaign made it sound like the change you hoped for, while in reality it hardly even behaves like a car. True, the promises turned into lies, but that was for your own good. Because, after all, without government intervention, no marketplace would have brought it into existence!
It has a price that necessarily skyrocketed, and that wasn't what you hoped for, but it is a change. It's designed to redistribute your wealth to needy union members while discouraging driving which, after all, just causes congestion and the use of fossil fuels.
We should all be fined if we don't buy two or three of them, except for people on welfare who have natural right to transportation and should be given one - only racist, rich, tea party people could object. [sarcasm]
Recently, President Obama selected General Electric ( GE - news - people ) CEO Jeffrey Immelt to chair his Economic Advisory Board. GE is awash in windmills waiting to be subsidized so they can provide unreliable, expensive power.
Consequently, and soon after his appointment, Immelt announced that GE will buy 50,000 Volts in the next two years, or half the total produced. Assuming the corporation qualifies for the same tax credit, we (you and me) just shelled out $375,000,000 to a company to buy cars that no one else wants so that GM will not tank and produce even more cars that no one wants. And this guy is the chair of Obama's Economic Advisory Board?
The above copied from the article is truly stunning!
In a rational culture this would lead to investigations of both Immelt and Obama. All of their communications on the topic would be subject to discovery. Impeachment for Obama, firing for Immelt, indictments, trials and jailing for both would follow. They are both crooks stealing from shareholders and taxpayers.
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