Obama and the Volt

Has anybody else noticed the disturbing correlation between Obama speaking for a product and that product failing miserably shortly thereafter?  And they say this guy gives good speeches.  Solyndra, Evergreen Solar, SpectraWatt -- the list of failures touted by Obama goes on and on and on.  Midas was to gold as Obama is to blood-red ink.

Dear Wind Industry: We Need Your Workers and Materials (and taxpayers need your cessation) — MasterResource

The windpower industry is entering what could well be the beginning of a death cycle. Industrial wind is increasingly losing its special ratepayer and taxpayer support with democracies in deficit and consumers in search of cost and reliability advantages.

Judging from the ‘help wanted’ signs, the oil and gas industry stands ready to absorb the precious resources that have gone into the ‘Enron’ of energy sources. Some workers will need to be retrained, while others will find a closer integration of skills.

IBD: Too Many Volts, Not Enough Buyers, Especially At That Price | JunkScience.com

A Mackinac Center report says the real cost of the Volt is closer to $300,000. That includes the suggested retail price, the known $7,500 federal subsidy and another $250,000 in taxpayer-funded state and federal incentives for each car.

The Mackinac Center says analyst James Hohman arrived at that figure after looking at “18 government deals that included loans, rebates, grants and tax credits” that “flow through multiple companies involved in production.”

More News From Hansen’s Third Coldest Year Ever | Real Science

“The summer of 1917 is the hottest ever known in Mesopotamia, the temperature reaching 122 degrees in the shade in Bagdad and ten degrees higher in the tents.”