"If you're trying to change minds and influence people it's probably not a good idea to say that virtually all elected Democrats are liars, but what the hell."
Thursday, January 05, 2012
What a Volting Development ...
Fascism on Wheels Report
The top two product
disasters were a push-up bra for pre-teens and Netflix’s short-lived
Qwikster video-rental spin-off.
But two autos pushed by Obama’s government-directed auto companies won
slots No. 3 and No. 6 on Yahoo!‘s ”Worst
Product Flops of 2011.”
3 prize went to the battery-powered Chevy Volt, which had been touted
by Obama as the green-tech model for future vehicles. It is being built
by General Motors — which is still partially-owned by the federal
government — but the company only sold 7,000 of the cars by December.
Moreover, the federal government is buying some of the vehicles, and is
paying for state and local governments, as well as regulated companies,
to buy even more.
Obama’s second flop took sixth place.
The booby prize went to the Fiat 500 auto, which administration
officials touted when they arranged for Fiat to buy the ailing Chrysler
“The car was expected to be a big seller, rivaling BMW’s Mini… [and]
Fiat expected to sell 50,000 500s during 2011 in North America,”
according to the Yahoo! Finance Top 7 list. However, “Fiat sold fewer
than 12,000 [and] sales were so poor that Chrysler Group, which manages
the Fiat brand in the United States, ousted U.S. chief Laura Soave this
past November,” noted Yahoo. Daily
None of this should surprise. Last year Cato's Patrick
Michaels descibed Chevy VOLT as a "case
study in the nexus
between big government corruption and big business rent-seeking."