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The Chevy Volt: Another Obama Green Investment Loses a Billion

Ray31 Wrote: Sep 11, 2012 8:07 AM
Oddly California, who is broke, gives a rebate of $1500 with a new discount of $5K possible. In addition the Feds, who are borrowing 40 cents of every dollar they spend, are giving a tax credit of $7500. This is "Solyandra economics" of the Obama Administration
Wumingren Wrote: Sep 11, 2012 10:17 AM
With numbers like that, I'd hate to be the underwriter for car insurance. It seems to me that an unscrupulous person might buy a Volt and a full coverage insurance policy, only to have it "stollen" or destroyed, and then pocket the rebates. I wonder if any Volts have thus met their fate or might soon do so.

This is getting redundant.

If you want investment losses for tax purposes, Barack Obama is your guy.

Now, if the country could only figure out how to write off the five trillion dollars we’ve lost during his presidency. As the man said: A billion here and a billion there, and pretty soon were talking about Barack Obama.     

Readers of my column know that there are few things that I dislike more than the Chevy Volt. I don’t like the inflated claims that government-corporate elites make about it; I don’t like that it costs more than a normal car to keep...

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