Suspend common sense when entering ,please. We are not broke ,we are just 10 trillion dollars away from spending our way into prosperity. YEAH !
Forget about the futility of the Obama budget to cut spending, for a moment ,if you will. That joke is for another day. And it's a hoot. Let's look instead at an "Obama commandment" on subsidies for electric cars. Just one of many he has strapped to your taxpaying back. Who's up for another round of "cash for clunkers"? No? ...well how about electric car "charging stations? Oh,yes.
The people's money, how may i squander thee. In ,oh so many ways. Yes ,it's fast approaching spring time in the land of Obama. And so, he must come up with new ,and exciting ways to burn, and mutilate, your hard earned money.
Today's excerpt from the "commandments of Obama".
WE MUST SUBSIDISE THAT WHICH IS PROBABLY A FLOP.. Entitled:
" How my supporters have been been turned into "useful idiots",and have abandoned every common sense belief.
Or better known as: "y'all don't know shit about spending money ,ya ain't seen nothin' yet..
CORPORATE WELFARE:
Let us subsidise docking ports for electric cars,in 9 cities. Let the taxpayer fund the promotion of these over priced ,but shiny, hacks. For 25 dollars a year,you can dock and charge at will. I don't want to hear any complaints, ABOUT THE USE OF 5 BILLION OF YOUR DOLLARS FOR THIS SUBSIDY. I like it ,so you need to just "shut up". What's 5 BILLION DOLLARS ,IN THE GRAND SCHEME OF THINGS? After all, you would have only wasted it on things like food ,and shelter ,for your family. You greedy people. .
From "The Washington Post:
[A] new, 72-page report by J.D. Power and Associates,
“Drive Green: The Global Automotive Industry Outlook” that confirmed, in devastating detail, what many other experts have found: Electric cars still cost too much, even with substantial federal subsidies for both manufacturers and consumers, to attract more than a handful of wealthy buyers—and this will be true for at least another decade.
What little gasoline savings the vehicles achieve could be had through cheaper alternative means. And electrics don’t reliably reduce greenhouse gas emissions, since, as often as not, the electricity to charge their batteries will come from coal-fired plants.
The Obama Energy Department has suggested that, with the help of federal money, manufacturers can ramp up mass production and bring the price of electric-car battery packs down 70 percent by 2014 – thus rendering the cars more affordable.
But J.D. Power is skeptical. “Declines of any real significance are not anticipated during the next 5 years,” the report notes, adding that “the disposal of depleted battery packs presents yet another environmental challenge.”
Nor are industry and government close to resolving the lack of a nationwide recharging infrastructure—or the vehicles’ poor performance in cold weather or on hilly terrain.
Fine print on the Volt ad promises just “25-50 miles of electric driving in moderate conditions.” Translation: Much of the time the car will be running on gas, just like ones that cost far, far less than the four-seat Volt’s price of $33,500 (after a $7,500 federal tax credit).
In short, the Obama administration’s commitment of $5 billion in loans and grants for electric cars is the biggest taxpayer rip-off since corn-based ethanol. It benefits no one but a few well-to-do car buyers and politically connected companies. Any “green” jobs these rent-seeking firms create will vanish when consumers reject their products and/or the subsidies cease. . . .
Yahoooooo, them's good ideas. And a 7500 dollar federal tax credit to boot,(another one of those subsidies), if you buy one of these cars.
Where do i sign up . Can i be one of those "useful idiots" that Lenin talks about ?
Lenin is attributed to this phrase, meaning that capitalist dupes "will
sell us the rope with which to hang them." He called them "the useful
idiots . Whether he said it exactly this way or not ,we get the message. "The end justifies the means: Lie ,cheat ,steal, mock,ridicule ,fabricate truth, waffle from one opinion to the exact opposite,whatever it takes to get your way. The Obama way.
Suspend common sense when entering ,please. We are not broke ,we are just 10 trillion dollars away from spending our way into prosperity. YEAH !
Question is , what are the ends?
Swallow hard ,America. You will circle the drain with Mr. Obama, as Mark Faber says.
Here is the link to the interview: on Bloomberg T.V.
"Foolery walks about the orb ,like the sun,it is Everywhere". (Shakespeare)
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TELL ME PEOPLE !!
