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Even War and Rumors of War Can't Save Chevy Volt

Richard31 Wrote: Sep 25, 2012 11:51 PM

Coming, it is coming... Saw an article the other day, San Francisco (where else) is about to approve "apartments" of 220 square feet - occupancy two adults. (That includes bathroom, kitchen, the whole deal.) BUT - they're going to have gonzo rents - only $1,200 to $1,500 a month. For _twice_ the room of a convicted felon in the penitentiary.

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Even War and Rumors of War Can't Save Chevy Volt

A new Congressional Budget Office report tells Obama what the rest of us have known for some time: Your bet on electric cars wasn’t an investment, but a gamble; a dumb gamble.

And now you’ve just come up snake eyes.

“Despite the federal government pumping $7.5 billion into the electric vehicle industry in the United States through 2019,” writes the CSMonitor.com, “overall national gasoline consumption is unlikely to be significantly affected, according to a report released by the Congressional Budget Office (CBO).”

The CBO says that even if Obama increased the amount of the subsidy, it would make little...

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