Buy a Volt Get a Jolt
<http://scottystarnes.wordpress.com/author/scottystarnes/> Taxpayer
Alert...Obama regime in cahoots with GM to do a Cash for Clunkers
2<http://scottystarnes.wordpress.com/2011/03/29/taxpayer-alert-obama-regime-in-cahoots-with-gm-to-do-a-cash-for-clunkers-2/>
*Scotty Starnes
<http://scottystarnes.wordpress.com/author/scottystarnes/>*| March 29,
2011 at 1:22 PM | Tags: $7500
tax rebate <http://scottystarnes.wordpress.com/?tag=7500-tax-rebate>, Cash
for Clunkers <http://scottystarnes.wordpress.com/?tag=cash-for-clunkers>, Cash
for Clunkers 2 <http://scottystarnes.wordpress.com/?tag=cash-for-clunkers-2>,
Charging America Forward
Act<http://scottystarnes.wordpress.com/?tag=charging-america-forward-act>,
Debbie Stabenow
(D-Mich)<http://scottystarnes.wordpress.com/?tag=debbie-stabenow-d-mich>,
Department of
Energy<http://scottystarnes.wordpress.com/?tag=department-of-energy>,
electric cars <http://scottystarnes.wordpress.com/?tag=electric-cars>, General
Motors <http://scottystarnes.wordpress.com/?tag=general-motors>,
GM<http://scottystarnes.wordpress.com/?tag=gm>,
Government Motors<http://scottystarnes.wordpress.com/?tag=government-motors>,
hybrids <http://scottystarnes.wordpress.com/?tag=hybrids>, President
Obama<http://scottystarnes.wordpress.com/?tag=president-obama>,
Vice President Joe
Biden<http://scottystarnes.wordpress.com/?tag=vice-president-joe-biden>|
Categories: Political
Issues <http://scottystarnes.wordpress.com/?cat=35145> | URL:
http://wp.me/pvnFC-4TO
Here we go again.
First Obama bails out GM and Chrysler with taxpayer dollars. Then he gave us
the infamous "Cash for Clunkers" which, again, used taxpayer dollars. This
wasn't enough so Obama help GM again by becoming their pitchman for the
Chevy Volt and gave away more taxpayer dollars by awarding rebates to those
that purchase the overpriced/under
performing<http://scottystarnes.wordpress.com/2011/02/28/the-obama-touch-continues-consumer-report-says-gm-volt-falls-short/>
hybrid.
None of this was a success, so now Obama wants Cash for Clunkers 2 by
extending that $7500 rebate at the point of sale. GM is the only car company
being rewarded with tax dollars. Mmm, Mmm, Mmm...Government Motors.
watch?v=h9sxWj3OoZQ&feature=player_embedded
>From The Washington
Times<http://www.washingtontimes.com/blog/watercooler/2011/mar/29/cash-clunkers-2-dumped-capitol-hill/>
:
Ready for another cash for clunkers program? It looks like General Motors is
attempting to replace it's own consumer incentives with tax payer money. The
car company, bailed out of bankruptcy in 2009 by the American tax payer,
appears to be turning the government into an automatic rebate provider.
*The Obama administration and their friends on Capitol Hill are floating
around a proposal to change the $7500 tax credit for green vehicles. This
change can be found not only in President Barack Obama's budget but also a
bill proposed by Senator Debbie Stabenow, Michigan Democrat.*
Edmunds.com, a 45 year old trade magazine company that provides automotive
information, posted a Department of Energy
document<http://blogs.edmunds.com/greencaradvisor/assets/overview.pdf>
listing
the department's funding highlights. *The proposed Obama Budget, changes the
existing $7,500 electric vehicle tax credit “into a rebate that will be
available to all consumers immediately at the point of sale.”*
According to Senator Stabenow's
website<http://stabenow.senate.gov/?p=press_release&id=238>,
her proposed legislation, known as the *"Charging America Forward Act"
(S.298), "*will provide consumers with a rebate worth up to *$7500 for
plug-in electric vehicles at the time of purchase."*
Essentially, if one were to buy a* $41,000 Chevy Volt*, the buyer gets a
$7,500 coupon, so the final price is $33,500. In the end, the auto dealer
assumes the risk of the government giving them this tax credit.
*It is pretty convenient that Ms. Stabenow, who represents a state where GM
is headquartered is pushing a bill that is also supported by Edison Electric
Institute, whose president was
loaned<http://green.blogs.nytimes.com/2010/12/02/a-spin-in-the-chevy-volt/>
a
Chevy Volt, Eaton
Corp<http://www.hybridcarblog.com/2006/06/eaton-corporation-stepping-up-hybrid.html>:
the sole American producer of car recharge systems, and Battery Electric
Vehicle Coalition <http://www.energyefficiencynews.com/transport/i/2591/>, a
lobbying group for the electric car industry.*
In fact, Department of Energy's David Sandalow told *Bloomberg
News<http://www.bloomberg.com/news/2011-02-08/obama-budget-to-offer-7-500-electric-car-tax-credit-through-dealerships.html>
* in February *the insta-credit would operate the “same way the 2009 ‘Cash
for Clunkers’ program worked.”*
*The Detroit
News<http://detnews.com/article/20110207/AUTO01/102070377/Stabenow-proposes-new-incentives-for-electric-cars>
* reported *Vice President Joe Biden said at an Indiana battery assembly
plant, "You won’t have to wait,’ it would be like the cash-for-clunkers
program.”*
Redistributing the wealth by awarding GM. Change you can believe in.
Add a comment to this
post<http://scottystarnes.wordpress.com/2011/03/29/taxpayer-alert-obama-regime-in-cahoots-with-gm-to-do-a-cash-for-clunkers-2/#respond>
<http://feeds.wordpress.com/1.0/gocomments/scottystarnes.wordpress.com/18836/>
<http://feeds.wordpress.com/1.0/godelicious/scottystarnes.wordpress.com/18836/>
<http://feeds.wordpress.com/1.0/gofacebook/scottystarnes.wordpress.com/18836/>
<http://feeds.wordpress.com/1.0/gotwitter/scottystarnes.wordpress.com/18836/>
<http://feeds.wordpress.com/1.0/gostumble/scottystarnes.wordpress.com/18836/>
<http://feeds.wordpress.com/1.0/godigg/scottystarnes.wordpress.com/18836/>
<http://feeds.wordpress.com/1.0/goreddit/scottystarnes.wordpress.com/18836/>
[image: WordPress]
WordPress.com <http://wordpress.com/> | Thanks for flying with WordPress!
Manage
Subscriptions<http://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315d&email=baconlard%40gmail.com>|
Unsubscribe<http://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315d&email=baconlard%40gmail.com&b=Q%26nRMNjJ_ty%7CtpWAJ.j2YCh%3FL%2F7qI%2F%25Kbg2kdo4s>|
Express
yourself. Start a blog. <http://wordpress.com/signup/?ref=email>
*Trouble clicking? Copy and paste this URL into your browser:*
http://subscribe.wordpress.com
--
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum
* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.
