Nobody else would. What a joke.
Posted on 10/20/2012 4:22:01 PM PDT by GTM01
A while back I read that the Pentagon would be purchasing some Chevy Volts. I asked my Senator and seems it is true. A portion of his reply: "The General Services Administration (GSA) recently purchased 100 Chevrolet Volts for use by federal departments and agencies. The U.S. Air Force is leasing several of these vehicles, including 18 located at Joint Base Andrews in Maryland and two located at Travis Air Force Base in California. According to the Air Force, the vehicles are part of the military’s traditional vehicle lease program and will displace replacement-eligible vehicles on a one-for-one basis, primarily replacing older fossil-fueled vehicles. The Department of Defense continues to partner with GSA to ensure that they lease the optimal mix of alternative-fueled vehicles to meet the administration’s goal of reducing oil imports by one-third by 2025 and putting one million advanced vehicles on the road by 2015.
As your United States Senator, I am committed to ensuring our Nation’s defense and supporting our servicemembers. However, our Nation currently faces significant economic challenges, and it is extremely important that we invest wisely. I will continue to work to identify areas in which spending could be reduced without compromising our defense capabilities."
If our government owns most of Gm is it legal or conflict of interest?
Odungo has to get his volt numbers up, it’s a wonder he didn’t reinvent the Yugo just to waste more
I hope they all get discharged at rush hour on the freeways around DC.
So let me get this straight. The United States taxpayer bails out GM to begin with. On top of that, GM produces a vehicle that no one wants. In response, the government offers generous subsidies in order to at least get SOME of them off the lot. Still, sales of this white elephant are disappointing, so the United States government just buys then outright, and, I have no doubt, will park them somewhere on Federal land in Nevada, where they will rust away. After the taxpayer shells out probably $100,000 per copy of these useless automobiles, GM will crow about how well they are selling. I may be wrong about some of this, but I doubt it.
Is it any wonder that GM is called Government Motors? Congratulations to GM for having its brand be associated with crony capitalism and government inefficiency. Given the choice between two cars, why in the world would a real American want to own a GM car?
The amount of money that GM receives from the government is staggering and constitutes an unfair advantage. I can imagine this scenario could easily play out: the government mandates that all its cars come from GM. GM takes that profit and uses it to subsidize the cars it sells to non-government people, thus unnaturally reducing the price it charges, and throwing the other car manufacturers out of business. The result would be one car company run by the government (a monopoly) that without competition would stop improving. This is what would happen if the GOP had allowed a “government option” in the healthcare debate. Proponents knew that the logical result would be a single-payer (government run) system.
Government gets heavily involved in building a vehicle that few people want, then buys ‘em for itself. I wonder what kind of discount they’re getting?
And the GM bondholders get screwed, but the union thugs get rewarded.
Okay, so the only buyer and the only manufacturer is.........whom?
One of my favorite movies.
How do you feel after that stroke-job?
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