By now I am sure you all know of the disaster that is the Government Motors’ Chevy Volt. It has the honor of being among the world’s first coal-powered cars and has the other honor of selling virtually none of the units that it promised it would sell. Here’s a simple question I am hoping some enterprising reader will find out: does any member of Congress or of the Executive Branch at the cabinet level (e.g. the President or Secretary of Hedge Funds Energy Steven Chu) actually own a Volt? And if they do, did they pay for it?
How would we feel if as part of any subsidy/intervention program that members of Congress were required to partake in the mandates that they are imposing on the rest of us?
Hehe, that’s a great question. 😉
As the Princess of Castro Street, the Baroness of the Barbary Coast would say, “Are you kidding?”
Does Chu own a car? I bet he is chauffeured to and from work in one of those black bulletproof SUV’s.
The Volt is sort of like a big golf cart, except the olf cart probably has 75 percent fewer moving parts that can break and then be serviced only by a dealer who himself would not want to be caught dead driving one. I bet Darryl Hannah owns a volt she did not pay for herself. Save the planet, baby!
Another thought: require congressmen and senators to invest in a special class of Government Motors stock that could not be sold until, say, the next time GM faces bankruptcy, and then only after all the bondholders get paid,including the bondholders who got screwed over when GM rewarded the UAW with common stock.
Timely, just saw this on Drudge:
3/8/2012 | FoxNation.comEnergy Secretary Stephen Chu testified today before the House Subcommittee on Energy and Power on the department’s FY2013 Budget Request.Chu was asked if he drove a Chevy Volt, a
Obama Energy Secretary Chu: I Don’t Own A Car – Stephen Chu – Fox Nation
http://nation.foxnews.com/stephen-chu/2012/03/08/obama-energy-secretary-chu-i-don-t-own-car
Oh how nostalgic I get when I recall the Reagan years, when tax cuts were real tax cuts, the Russkies were an Evil Empire and the Secretary of Transportation fired the air traffic controllers! Drew Lewis even drove his own (bought and paid for by him) gas-guzzling full-size pickup truck.
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