-By Warner Todd Huston
Every time we turn around these days President Obama is touting the idea that the “future” of America lies in green energy and one of those greenie ideas is an Obama favorite: electric cars. Not to let him down, Government Motors has obliged by pushing the Chevy Volt as the car of the future. But thus far the future looks a lot like GM’s present; a whole lot of failure leaving a whole lot of questions.
While Obama continues to tout his — meaning our — investment in GM others are not so sanguine. For instance, billionaire Warren Buffet has invested in a Chinese electric car company instead of putting his considerable investment acumen to use with the Chevy Volt. Buffet may be a dolt on taxes, but apparently his investing senses haven’t gotten any spark from the Volt.
One of the reasons that Buffet went for the Chinese company is that some of its technology seems superior to various systems of the Chevy Volt. According to Forbes, Buffet has targeted the company because the, “car can travel 186 miles, more than the Nissan Leaf and Chevy Volt, on a single charge with a top speed of 87 miles per hour.”
Continue reading “
No Spark: The Unanswered Questions of the Chevy Volt”
After running on the claim that he’d make presidential records more available and after criticizing George W. Bush and Vice President Cheney for “secret meetings” in the White House because visitor logs were kept from public view, the Obama administration continued the Bush era practice of keeping White House visitor logs secret. Now a court has ordered that Obama release those logs.
We’ve seen it over and over with the Obama administration. All one need do to become a “czar” or get a plum appointment to yet another Obama regulatory board is to donate big money to Obama’s campaigns specifically or the Democrats in general. Now it’s happened again.
During his Midwest Misery Tour, President Obama was back to blaming technology, the Internet, and ATMs again for America’s job loss. 
The Congressional Budget Office has said that only about 7% of employers will drop their own company-offered plans and enter the new government plans that Obamacare will feature when the crap hits the fan in 2014. This small percentage, though is likely untrue. More likely it will be somewhere around 30% — or higher — costing the federal gov’t $466 billion in the first decade alone just for the costs of those joining the gov’t exchanges. 
This weekend The New York Times, the fishwrap of record, had yet another one of its 
It seems that the surest way to go bankrupt is to have President Barack Obama use your business as some sort of example of the wonders of his administration and we have yet one more example of that in Evergreen Solar, Inc., the heavily taxpayer funded business that has now closed its doors.
CNNs Fareed Zakaria and The New York Times’ Paul Krugman have solved our economic problems. They’ve decided that a space alien attack will save us. Aside from the guffaw factor of space aliens, there was so much wrong with this CNN segment that we must lay them out for discussion.
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