During the Nixon years photos of the President with the question " Would you buy a used car from this man?" captioned below his face began to appear. The appropriate question to be captioned across Obama's image is; "Who will buy a new car from this man?" If you are referring to Chevy Volt, the flagship of the new socialist industrial complex the answer is no one. No one individual, but they will sell tens of thousands to the federal government, cash strapped cities, and other members of the socialist industrial complex. For instance Mayor Michael Bloomberg has pledged to buy 70. Jeffery Immelt, CEO of General Electric and chairman of Obama's Economic Advisory Panel has signed up for 12,000. Only the Obama administration knows how many of these lemons will find their way onto the public balance sheet but it's a safe bet the taxpayers are being primed for the mother of all corporate welfare schemes. Normally "taciturn" is not an adjective associated with the New York press. While The Times is always squishy on national political issues it can get downright peevish when it deals with city hall. The Post and the Daily News really revel in what most people aside from the National Enquirer's readers would call yellow journalism. If His Honor had announced the purchase of 70 Cadillacs he would be going to Anthony Weiner for public relations advice to extricate from the media firestorm.
Of course green cars for cleaner air and corporate welfare are ok. Besides they don't cost that much. Oh yes they do! The sticker price on a Cadillac CTS is $35,345. A Chevy Volt costs $41,000 before the $8,000 federal tax credit. So it comes in cheaper by $2,000 but considering it has to out of service for extended periods of time to charge, it can not be used around the clock as a fleet vehicle should. The real option would be to buy a fleet of Ford Crown Victorias in the low to mid 20's. The Volt only works for someone who doesn't need a car very bad, someone who can do without a car for up to 8 hours, as many of us could. But it makes no economic sense for an individual to buy one so public agencies and crony capitalist must buy the Volt if GM is to survive.
Of course green cars for cleaner air and corporate welfare are ok. Besides they don't cost that much. Oh yes they do! The sticker price on a Cadillac CTS is $35,345. A Chevy Volt costs $41,000 before the $8,000 federal tax credit. So it comes in cheaper by $2,000 but considering it has to out of service for extended periods of time to charge, it can not be used around the clock as a fleet vehicle should. The real option would be to buy a fleet of Ford Crown Victorias in the low to mid 20's. The Volt only works for someone who doesn't need a car very bad, someone who can do without a car for up to 8 hours, as many of us could. But it makes no economic sense for an individual to buy one so public agencies and crony capitalist must buy the Volt if GM is to survive.
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