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The Chevy Volt: Another Obama Green Investment Loses a Billion

Truth001 Wrote: Sep 11, 2012 2:04 PM
"The GM executives who conceived the Volt as a leap-frog over the Prius -- well before the Obama administration even took office -- always thought of it as a marketing tool as much as a regular car, and justified the additional costs as a way to burnish GM's image. The Volt works as advertised; some owners have reported driving 1,000 miles using only home charging between fill-ups, and the car most traded in for a Volt has been a Toyota Prius." But this one time I agree with Ransom. Time to cut the loss. It is very hard to justify this as a advertising campaigh for GM

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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