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Everybody’s all excited today, the Chevy Volt has announced a price at 41 grand. However, you can get it for less — there’s a $7500 tax credit which means that Obama and the government are admitting that nobody wants this, nobody wants it. We gotta give you a $7500 discount. Why don’t you try this, Mr. Obama, and the rest of you at Obama Motors, just put it out there at 41 grand and let the market decide. I’m going to be very honest with you people about something. General Motors about a year ago, after Obama took ‘em over, we didn’t make a big deal about this, but General Motors at the time, before Obama took over the company, we were participating in an advertising campaign, and they wanted us to continue, and it was a large financial commitment that they were making. We turned it down. I turned it down because I could not honestly recommend — I knew this was coming. I’m not going to recommend people go buy an electric car that gets 40 miles to a charge. That would shoot my credibility. It takes three to four hours to charge the thing, 40 miles to the charge. And then there’s a backup gas tank that gives you 375 miles.
So who’s kidding who here? And all this is 41 grand. This is the most expensive Chevrolet outside a Corvette. All the while Obama wants to get rid of coal. Where does he think we’re going to get the electricity to fire these things up?
…Get rid of the tax credit and let’s see what the free market would say about this. “The Volt is a game-changing product,” says an Obama vehicles executive. The iPhone was a game-changing product, and it didn’t take a tax credit. And they sold over 90 million of the things. A game-changing product does not need a tax credit. They’re mutually exclusive.
…It used to only cost a little red ribbon to show how much you cared, to make a statement. Ten cents, 25 cents. How many of you that wear whatever color ribbon it is, red, white, blue, yellow, black, how much did you actually pay? Most people gave you the ribbon. As far as you were concerned the ribbon was free. Now look what you have to do. You have to go 30 grand on a Prius, $41,000 on a Volt, to show how superior you are to people, to show how much you care and that they don’t.
Full transcript here.
Politico also covers the story here.
[Thanks to MacDailyNews Readers too numerous to mention individually for the heads up.]