John Ransom

The problem with bad ideas from Europe is that they eventually become bad ideas in America too.

And so it goes with the latest nitwit scheme from Britain’s Liberal Democrat Party, which is cousin to our own liberal Democrat Party, separated not ideologically or by a vast ocean, but only by accents.

The Lib Dems want to outlaw gas and diesel powered cars from the United Kingdom with a goal to create a “zero-carbon” UK by 2040.

No word yet whether they will allow people to “breathe,” which-- incidentally to Lib Dems it seems-- also pushes carbon into the atmosphere.

“Only electric vehicles and ultra-efficient hybrid cars would be allowed on UK roads under the Lib Dem plans,” writes the UK’s Telegraph. “However, petrol and diesel vehicles would still be allowed for freight purposes. The plans will be voted on by members at the upcoming Lib Dem conference in Glasgow and could become party policy if approved.”

Nice to see that Lib Dems also approve of group assisted-suicide. I wasn’t sure if it was legal in Glasgow.

Oh, but wait. It gets better.

Because the UK’s Labour Party, which often runs just a little left of Josef Stalin, may capture the government in 2015, and they love bad ideas like this almost as much as Nanny Pelosi loves to pass unread bills.

Which brings us back to America. Our own liberal Democrats love bad ideas that don’t work in Europe so much that they make them even worse here, say, like with… Obamacare.

And the problem we have is that as bad as Obamacare is for healthcare, it’s even worse for our economy and, you know, incidentally it seems to our own lib Dems, the people who live and earn a living in it.

The auto industry- and the economy- here in the U.S. is completely dependent of course upon the internal combustion engine despite steps by the Obamanauts to put a million electric cars on the road by 2016.

The problem they have with their scheme is that electric vehicles just don’t go farther today on a charge than they did say in 1914, maybe even less.

“In 1914 a Detroit Electric went 241 miles on a single charge setting a new record,” reports Detroit Electric, a website dedicated to old-fashioned electric vehicles. “To be fair the car had a top speed of 25 MPH but that was almost 100 years ago and the new electric cars can go maybe 100 miles on a charge, on a good day, downhill, with a little breeze and a nice smooth road.”

John Ransom

John Ransom is the Finance Editor for Townhall Finance, host of Ransom Notes Radio and you can catch more of the best money advice and monetary commentary by him daily 10am PT, 1pm ET at or on Comcast Cable