Obama’s Government Motors Loses $49,000 on each Chevy Volt

The Obamamobile loses $49K per vehicle, yet another example how Obama just does not get it.

Take a good look at what Barack Obama touts as the future of car travel. General Motors Chevy Volt loses on average $49,000 per every Volt that they build. WOW, there’s a business plan, create a product that cost nearly $50K more than what you get back in return. What fool thinks this stuff up? No wonder as Weasel Zippers states, the Chevy Volt, the official car of the Obama administration. As the Lonely Conservative opines, Obama has been talking up the takeover of SM as one of his signature achievements. Imagine that, Obama praising a company that loses $49,000 per vehicle. This sounds much like his stimulus plan. Obama and the Chevy Volt, perfect together.

General Motors Co sold a record number of Chevrolet Volt sedans in August — but that probably isn’t a good thing for the automaker’s bottom line.

Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts. GM on Monday issued a statement disputing the estimates.

Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher. There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce.

And while the loss per vehicle will shrink as more are built and sold, GM is still years away from making money on the Volt, which will soon face new competitors from Ford, Honda and others.

GM’s basic problem is that “the Volt is over-engineered and over-priced,” said Dennis Virag, president of the Michigan-based Automotive Consulting Group.

Barack Obama Asks for Four More Years on the One Year Anniversary of the Bankruptcy of Solyndra … Oops

Talk about timing …

President Barack Obama is set to give his beg speech for four more years as President at the DNC convention on the one year anniversary of the Solyndra bankruptcy. On September 6, 2011, Solyndra filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court in the District of Delaware. Irony has a weird way of rearing its head, doesn’t it?

Solyndra was touted by President Barack Obama as a shining example of “green” jobs and the future of the American economy. During a visit to the California based solar power energy company, Obama had nothing but growing praise for his Obama example of the economy and jobs. Needless to say, Obama’s “green” job masterpiece has filed for bankruptcy.

Obama Sets Another Record as President, Highest Gas Prices on Labor Day in US History

This is what happens when you have a President that refuses to drill and refine our own resources and instead has a War on Oil.

The Clown Prince, Barack Obama, The Comedian in Chief can joke all he wants on the campaign trial about Mitt Romney and the RNC Convention being on black & white TV. I think anyone in America would take the prices of gas in those good ole days and the GDP of that era as well. However President Obama, no one is laughing at the cost of gas at the pump. Barack Obama has set another record as President, the highest gas prices on Labor Day in history.

Democrats arrived in Charlotte on Monday to an ill-timed reminder of one of the issues plaguing President Barack Obama’s reelection bid: high gasoline prices.

Prices at the pump reached a national average of $3.83 Monday, according to AAA, setting a record high for a Labor Day. The previous Labor Day record of $3.69 was set in 2008, at the height of the last presidential election fight.

President Obama Wants Higher Energy Prices … Obama wanted gas prices in the US the same as they were in Europe, $10/gal.

Video Hat Tip: Ed Driscoll

Gas prices have increased by 23 cents in the past month during the height of the summer driving season. But AAA predicts that Obama, who has faced sustained attacks from Republicans over gas prices, will get a respite in the coming weeks once refineries that shut down as a result of Hurricane Isaac reopen.

This President is just so funny. He gets up in front of his Kool-Aid, mind numb robots and asses around, cracking jokes as the American economy implodes, gas prices skyrocket and the National debt is about to hit $16,000,000,000. Yeah, a laugh riot you idiot. But of course Obama does not want to talk about the escalating gas prices, his blocking of the Keystone XL pipeline, and his war on oil. Imagine if America actually had an energy policy that really was an “all of the above” one, rather than Obama’s liberal inept and failed “green” energy agenda.

Patches O’ Hoolihan Would be Proud, Obama’s Senior Adviser David Axelrod Dodges Whether Americans Better Off Than Years Ago … Axelrod Masters the 5 D’s of Dodgeball, Dodge, Duck, Dip, Dive & Dodge (So Does Plouffe)

We have finally found the theme of the Barack Obama reelection campaign. It’s not “Forward” … ITS DODGE!!!

This morning on Fox News Sunday with Chris Wallace, President Barack Obama’s chief adviser David Axelrod refused to answer the question that all incumbent reelection campaigns have to, is America better off than they were four years ago? Instead, Axelrod did his best dodge that only Patches O’ Hoolihan of the movie ‘Dodgeball’ could have been proud of.  For Axelrod and Team Obama, “if you can dodge a wrench, you can dodge a political question about the failed Obama economic policies”. Axelrod actually said, “that we are in a better position today than we were four years ago.”  This is what they are going to tell the American people? Seriously, how does an incumbent President not going to answer questions on his record? Axelrod and Obama actually think they are going to run the campaign based on the 5 D’s of Dodgeball … “dodge, dip, duck, dive and, um dodge”.

As stated at Hot Air, how pathetic and telling is it that the head of Obama’s reelection team suddenly goes mute and tries to run away from the question by talking about the tough environment Barack Obama inherited. Wallace used the following stats, Unemployment: 7.8% then, 8.3% now – Median income: $54,983 then, $50,964 now – Gas prices: $1.85 per gallon then, $3.78 now – National debt: $10.6 trillion then, $15.9 trillion now and expected to go over $16 trillion during the Democrat National Convention.

Also on ABC’s ‘This Week’ George Stephanopoulosasked Obama’s senior White House adviser David Plouffe whether Americans are better off today than they were four years ago. Plouffe also dodged the question as he was taught as opined by the Lonely Conservative, if you can’t answer the question, just avoid it. In other words … “if you can dodge a car, you can dodge an economic question of the failed Obama presidency.

Asked the same question repeatedly host George Stephanopoulos on ABC’s “This Week,” President Barack Obama’s senior White House adviser, David Plouffe, reverted to talking points about job creation and the failings of the Bush administration.

“We were this close to a Great Depression,” Plouffe said at one point, pinching his thumb to his index finger.

Stephanopoulos cut him short.

“You still can’t say yes,” he told Plouffe.

As Doug Ross stated, look for the Obama minions to only appear on the complicit, corrupt media complex and away from Fox News where they might actually be asked and expected to answer a question. Now the question is will the liberal, in the tank media and the moderators ask the question to Obama during the debates?

Mandatory Viewing for All Obama reelection mouthpieces … The 5 D’s of political dodgeball” Dodge, Duck, Dip, Dive and Dodge!

Mitt Romney Says Barack Obama Has Gave Up and ‘Admitted Defeat’ on the Economy

File this one under, if the truth hurts …

Mitt Romney has accused President Barack Obama what many have thought for months … Obama has given up trying to fix the economy and “admitted defeat”. What else can you call what Obama has dome lately? The Presidents plan to stimulate the economy was an EPIC FAILURE. Obama’s payoff the “green energy” companies was an EPIC FAILURE. Obama’s job growth plan has been an EPIC FAILURE   As stated by the American Thinker, “President Obama has failed miserably in trying to “stimulate” the economy by pouring hundreds of billions of dollars in “investments” for green energy, infrastructure projects, and other temporary measures that have done nothing except drive up the deficit.”

Now with the Presidential election mere months away Barack Obama has basically given up and gone into full campaign mode, not that he has ever stopped doing so since he was elected in 2008. Obama has failed  and as The One said in the past he had 4 years to fix  the economy. If he did not, Obama would be a one term President. He has not even come close and his policies and agenda have made matters worse, not better.

Republican presidential candidate Mitt Romney accused President Obama on Saturday of giving up on trying to fix the economy, saying he had “admitted defeat.”

In his weekly podcast, Romney pounced on a recent government report, which found that the unemployment rate rose in 44 states last month.

He accused Obama of blaming the “stalemate in Washington” instead of working to boost job creation.

“With millions of Americans hurting like never before, the President has admitted defeat. With five months to go before his term his up, he’s saying he won’t even try anymore,” Romney claimed.

The presumptive Republican nominee for president argued that he has the executive experience necessary to turn the economy around.