ByronBlog

Byron Matthews, a sociologist retired from the University of Maryland Baltimore County and a partner in an educational software company, lives near Santa Fe, NM.

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Location: New Mexico, United States

Friday, March 02, 2012

We have another winner!


GOV'T MOTORS halts production of CHEVY Volt...

Lays off 1,300...
BLAMES MEDIA FOR LOW SALES...


That flushing sound is another taxpayer-subsidized triumph for the Obama Administration.   Wha' hoppen? I guess the dealers finally ran out of room to store any more Volts on their back lots.

Who needs market capitalism when you have this Genius Squad running things?  Noooo-body.  It does remain a bit of a mystery, though, just who in the world they thought was going to buy this ludicrously overpriced bolus of a car. I suspect it failed because the Obama/Chu marketing plan -- forcing gas prices up to $5 a gallon -- just didn't kick in soon enough. 

I predict the Obama brain trust will now move to Plan B, which is to make the taxpayers pay for them a second time by filling Government fleets with surplus Volts.

Meanwhile, everybody's on tenter hooks waiting for the introduction of the new Chevy Solyndra. Gonna be huge!  Solar powered, so just be sure you're home before dark.  Or if it clouds over.

Byron

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