GM Pulls Plug on Volt and Suspends Production, Lays off 1300 Workers … Just Days Earlier Obama Just Praised Volt

GM pulls the plug on the Chevy Volt and lays off 1300 workers … Welcome to Obama Motors.

More bad news for the Barack Obama endorsed Volt. All Obama’s horses and all Obama’s stimulus money cannot save the failed sales if the Volt. General Motors announced that the company was suspending production of the Chevy Volt and 1,300 workers would be laid off. After all, should the American tax payers have paid more than $10,000 subsidies per vehicle?

Fool Moment of the Week: Obama praises Volt … days before GM lays off workers and suspends Volt production

General Motors has told 1,300 employees at its Detroit Hamtramck that they will be temporarily laid off for five weeks as the company halts production of the Chevrolet Volt and its European counterpart, the Opel Ampera.

“Even with sales up in February over January, we are still seeking to align our production with demand,” said GM spokesman Chris Lee.

Lee said employees were told Thursday that production would put on hold from March 19 to April 23.

How comical, President Barack Obama just endorsed GM’s (Government Motors) struggling Chevrolet Volt, saying he plans to buy the extended-range electric vehicle upon leaving office in five years. With ignorant, mistimed and clueless comments like this, Obama just might be buying a Volt in one year. Once again we are witness to the Barack Obama kiss of death. Yet another failed green company/product courtesy of Obama.

“Five years from now when I’m not president anymore, I’ll buy one and drive it myself,” Obama said to applause during a speech Tuesday to 1,600 workers and retirees from the United Auto Workers union. “Yes, that’s right.”

Recalling that event, Obama forgot he had actually driven the Volt, saying that the “Secret Service wouldn’t let me drive it. But I liked sitting in it. It was nice.I’ll bet it drives real good.”

GM had hoped to sell 45,000 Chevy Volts in America this year,; however, according to reports they had only sold about 1,626 over the first two months of 2012. A whopping 603 Volts in January 2012.  Maybe GM and Obama can still market the Volt to aliens.

But of course the lagging Volt sales have nothing to do with the fact that there is little to no interest in electric cars, Michelle Malkin.com has the real culprit who is to blame. GM of course blames the media. Really?

Another Obama Touted Green Energy Company Lays off Workers, Abound Solar Received $70 Million and Lays Off 280 Employees

YET ANOTHER FAILED GREEN ENERGY COMPANY COURTESY OF BARACK OBAMA ... Its is becoming an all to common occurrence. Welcome to another Barack Obama highly touted green energy company that received government stimulus money lays off workers.

Add Abound Solar to the long list of Obama highly touted green energy companies that received federal dollars that is now laying people off. The company will be laying off 280 employees.  Abound Solar won the $400 million loan guarantee from the Obama administration in December 2010 to expand a Longmont, CO, solar manufacturing facility and to build a new factory in Tipton, IN.

U.S. solar-power firm Abound Solar said Wednesday it will stop making solar panels while it retools a Colorado factory as part of a project backed by $400 million in federal loan guarantees.

The company has laid off 280 employees and delayed plans to open a new factory in Indiana that was also part of the government-backed deal.

The announcement was the latest sign of trouble for a manufacturing company backed by the Department of Energy’s loan guarantee program, which has already lost more than $500 million on loans to failed California solar panel maker Solyndra LLC.

Energy Secretary Steven Chu said Tuesday he felt the department would have more than enough reserves to cover future losses on the loan program. So far, Abound has drawn down about $70 million of taxpayer-guaranteed funds.

Yes, this is the same Energy Department Secretary Chu who has no issue with escalating gas prices so that the Obama administration can force people onto failed green energy.

Bill Clinton Says Embrace the Keystone XL pipeline … Provides Cover for Democrats to Cave on Issue

Bill Clinton to the rescue of Obama’s uber-liberal environmental agenda …

This can’t be good for Barack Obama’s decision to nix the Keystone XL pipeline, former President Bill Clinton says, “embrace it”.  Clinton was speaking at an Energy Department conference in Maryland and stated that he was surprised the project has gotten as gummed up as it has, laying the blame on pipeline builder TransCanada. Nice try Slick Willie, it would appear that Clinton has got half of the problem correct.  However, I have to agree with Hot Air’s alternative headline, “Bill Clinton helpfully offers talking point to Democrats for eventual cave on Keystone.”

Watch VIDEO here.

“One of the most amazing things to me about this Keystone pipeline deal is that they ever filed that route in the first place since they could’ve gone around the Nebraska Sandhills and avoided most of the dangers, no matter how imagined, to the Ogallala [aquifer] with a different route, which I presume we’ll get now, because the extra cost of running is infinitesimal compared to the revenue that will be generated over a long period of time,” he said.

“So, I think we should embrace it and develop a stakeholder-driven system of high standards for doing the work,” Clinton added.

Really? Does any one really think that this was the reason why the Keystone XL oil pipeline? Hardly, it is Obama’s decision to pander to the environmentalist wackos of the Democrat party and chose Saudi oil over Canada. Obama did this, rather than side with the American people to create jobs and help reduce the price of oil.

Now that the price of gasoline has become a political issue for the 2012 Presidential election and once again Barack Obama is on the wrong side of the issue against ‘We the People”, The One needs cover and talking points to reverse his decision and cave on the issue. Enter William Jefferson Clinton.

Obama Green Energy Failure: Fisker Automotive Received More than Half-Billion Dollars in Federal Loans … Laying off Workers at their Delaware & California Plants

Another Barack Obama “green” energy failure …

Fisker Automotive, a California based electric car start up company that received $529 million in loans to produce two lines of plug-in hybrid cars, is laying off workers in Delaware and California. Wow, who could have predicted that this would have been a waste of tax payer money? After all, as the Lonely Conservative reminds us the electric car goes for such a paltry cost of $100,000.

Delaware’s News Journal reports that Fisker Automotive, a California-based electric car start-up company, is laying off an undisclosed number of staff to try to reserve enough capital in order to qualify for more federal help from the Department of Energy, according to a Delaware state development official.

“They’re trying to preserve the cash that they have,” said Alan Levin told the News Journal. “And unfortunately, until they meet the milestone that DOE continues to set … they’re not able to access the additional capital that they need.”

The company also came under fire last year for taking federal loans while producing cars in Finland. Company officials told ABC News at the time that “there was no contract manufacturer in the U.S. that could actually produce our vehicle.” The company was working on reopening a shuttered General Motors plant in Wilmington to produce vehicles — an effort that top Obama administration officials lauded.

So lets get this correct. Obama’s answer to US jobs and the economy is wasteful spending to “green” companies like Solydra and Fisker … but The One says no to the  Keystone XL pipeline. We all know that Obama’s funding of these companies had nothing to do with jobs and everything to do with politics. Obama must go in 2012.

Green Energy Hypocrisy: Barack Obama Leaves Event Promoting Clean Energy in Motorcade of 22 Fossil Fuel Gas Hogs

Green Energy Hypocrisy: Barack Obama Leaves Event Promoting Clean Energy in Motorcade of 22 Fossil Fuel Gas Hogs

Classic from the Hypocrite in Chief … From the files of you just can’t make this stuff up comes the hypocrisy of Obama and the LEFT promoting “green”, clean energy while driving around in fossil fuel gas hogs leaving the carbon foot print the size of Sasquatch.

Hat Tip: Gateway Pundit

On January 26, 2012, President Obama visited a Las Vegas UPS plant. Stimulus subsidy for said UPS plant to purchase natural-gas-powered trucks: 5.6 million dollars. Stimulus subsidy for North Las Vegas green energy plant that laid off 200 workers yesterday: 5.9 million dollars. Using taxpayer dollars to leave an event promoting clean-energy vehicles in a motorcade of twenty-two fossil-fueled vehicles: Priceless.

Every wonder why there is no market for clean energy and these government subsidized green energy companies, because those promoting it do not even believe in it. Why is it that the very people, whether they be Obama or those in the private sector who cry “green” energy are the very ones who are the most wasteful. have multiple homes and fly private jets? Hmm?