Read here and here. The Government Motors (GM) billion dollar+ electric vehicle (the Volt) is definitely not shocking the market. Obama's massive taxpayer funded EV is providing proof positive why government should not be involved in the private sector.
"It’s no longer even a real competition as the Leaf is beating the Volt more than 4 to 1. Chevy moved 302 Volts, Nissan sold 1362 Leafs. Nissan looks good by comparison to Chevy, but the number is still far short of their goal to sell half-a-million EV’s a year by 2013."
Then there has been the gawd-awful, continuous failed solar energy investments made by Team Obama. This week there came another announcement of a major taxpayer subsidized solar manufacturer being toast.
"The recent bankruptcies of solar companies Evergreen Solar and Obama extra-special-favorite Solyndra have cost taxpayers a combined $593 million. Now, the Obama administration is in the process of guaranteeing loans for $622 million more to new solar companies likewise destined to failure in competition with low-cost solar panels from China."
For taxpayers, the best way to protect themselves is to 'short' any company or industry that Obama anoints with tax monies - he is a sure bet for picking losers. Hey, a loser knows losers, no? W.P.E. yet?
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