Tuesday, May 24, 2011

Taxpayer Cash Inferno Chapter 5,034: Obama Will Spend Millions on Coal-Powered Chevy Volts and Charging Stations

Good news, peons: the Obama administration says it's going to burn a few more millions of your dollars funding our national automobile company (you may know it as "GM").

The Obama administration will announce today it is buying more than 100 Chevrolet Volts and install charging stations in government buildings in five cities, including Detroit, according to a report in The Detroit News... [It] says the General Services Administration — which oversees most of the federal government's 600,000 vehicle fleet — plans to buy the General Motors' Volts, 10 battery electric Nissan Leaf vehicles, and five Think City EV models from Finish EV startup.

In that regard, please consider the sources of electricity generation in this country, all of which are being gradually strangled by the White House.

Coal is, by far, the biggest single source of electricity. Which makes the Chevy Volt a coal-powered vehicle.

Of course, Obama did correctly predict that energy prices would "necessarily skyrocket" under his administration's policies.

As far as I know, it's the only prediction he's made that's come true.

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