GM, Government Motors, Buying Back Chevrolet Volts

Its not easy being green, especially when it catches on fire.  Yet another resounding failure of the Barack Obama, government owned, green agenda … GM is buying back Chevrolet Volts. What else could we expect from an Obama endorsed product?

General Motors will buy Chevrolet Volts back from any owner who is afraid the electric cars will catch fire, the company’s CEO said Thursday.

In an exclusive interview with The Associated Press, CEO Dan Akerson insisted that the cars are safe, but said the company will purchase the Volts because it wants to keep customers happy. Three fires have broken out in Volts after side-impact crash tests done by the federal government.

Akerson said that if necessary, GM will recall the more than 6,000 Volts now on the road in the U.S. and repair them once the company and federal safety regulators figure out what caused the fires.

If its not bad enough that the Government had to bail out GM, now we are bailing out Volt owners who made the choice to buy these cars.

Obama Picks Politics Over Jobs … Postpones Decision on Keystone XL Pipeline Until After 2012 Election

Another complete and total lack of leadership … Wonder why America cannot create jobs and the economy continues at a snails pace. Look no farther than President Barack Obama.Not only has he been anti-business, he now is purposely not making decisions that would create jobs.

President Jobs: I am only for the jobs that I like that fit my liberal agenda

So President Barack Obama is really interested in created jobs for Americans? Then why did he just punt the Keystone XL pipeline decision until after the 2012 election? Obama always talks about his stimulus plan that created or saved jobs, is he going to count the following as his decision that killed 20,000 jobs.

Obama delays the decision on the Keystone XL pipeline until after the 2012 election and in turn delays the creation of thousands of jobs. Just how long does Obama need to make a decision? This has nothing to do with the health and safety of the American people, it has everything to do with partisan politics.

The State Department on Thursday announced that it’s punting a decision on the controversial Keystone XL pipeline until at least the first quarter of 2013 — pushing off a no-win decision for President Barack Obama until well after the 2012 election.

Read more

Eco-Friendly Science & Technology Festival Shuts Down for Lack of Interest

File this one under … no kidding, really, who would have thunk it? The New World Festival of Eco-Friendly Science and Technology  in Santa Monica, CA shut down due to lack of interest and no attendance. What a shock.  Festival vendors are worried they won’t get paid. Maybe they can apply for a loan from the Obama Administration like Solyndra?

The New World Festival of Eco-Friendly Science and Technology in Santa Monica shuts down after lackluster attendance. Vendors are worried they won’t get paid.

It was the first New World Festival of Eco-Friendly Science and Technology and quite possibly the last.

The event near the beach in Santa Monica, which had been scheduled to run through Sunday, was shut down abruptly Saturday afternoon.

Its website had promised robots, a petting zoo, six stages of live music and more than 150 exhibits. But the gathering on Saturday looked more like a medium-sized, eco-friendly farmers market.

Howard Mauskopf, the festival’s organizer, said he needed to shut down because so few people had shown up. “We’re in a position where we don’t have the financial ability to continue,”

This is what happens in a free market system for an industry that is completely subsidized by the federal government of which no one cares about. As stated at American Power, you know you have a problem when LEFTIES in Santa Monica don’t show up for a useless “green” festival. Take the hint.

Jonathan Silver, the Head of the Federal Loan Program Resigns Amid Solyndra Scandal

Solyndragate and Solargate meet scapegoat.

Jonathan Silver, the head of the federal loan program has resigned in the wake of the Solyndra scandal. Or as the Obama administration refers to him as, the scapegoat. Well some one had to take the fall, but this is not close to being over. Energy Secretary Steven Chu should be the next one out the door.

Hat Tip: Michelle Malkin.com (fantastic header)

The head of the Energy Department’s embattled loan program announced Thursday that he was stepping down amid an expanding probe of the agency’s $535 million loan to a now-shuttered solar company.

The departure of Jonathan Silver comes as the Obama administration faces intense pressure from Capitol Hill about whether it properly vetted the solar start-up Solyndra before providing it with taxpayer backing. President Obama used a Thursday news conference to credit agency officials with using their “best judgment” in approving the loan, part of a $35.9 billion federal effort to invest in breakthrough technologies that could create jobs and spur economic growth.

But wait, whey is any one resigning, didn’t President Barack Obama say that nothing was suspicious with the Solyndra loans and that the government bets on businesses all the time, you win some and you lose some? Of course that is easy to say when you are using other people’s money … the tax payers money.

The next question is, why is Jonathan Silver walking the plank? He was not even in place when the Solyndra deal went down and is a minor player.Barack Obama and his minions are foolish if they think that this resignation is going to make the story go away. The Obama/White House connection to Solyndra and campaign bundlers will make this story have legs.

Silver took over as head of the program after the Solyndra deal went through, so he’s not on the hook for it and he was in charge when the department killed a second $469 million loan to the same company. If he’s guilty of anything, so far as I can see, it was a foolish devotion to the gossamer promises of “green jobs”. There are plenty of people who share his misplaced faith. On the other hand, we shouldn’t applaud him too much. He held on to that second Solyndra loan to the bitter end. The only thing that kept it from going through was a report from Solyndra’s own auditors that the company was on the verge of collapse.

What’s a little scandal to add to Obama’s failed Presidency? Oh yea, then there is that ‘Fast & Furious” thing that the Obama administration is denying involvement. Who will be the next to be thrown under the Obama bus and take the fall?

Forget the Rhetoric & Class Warfare … Take a Look at Obama By the Numbers

America, how’s that “Hopey, Changey” stuff working out for you?

Forget the Obama rhetoric, forget the Obama class warfare, forget the constant name calling and blame that Obama and his minions target the GOP and Tea Party with … From the Ace of Spades, just take a good look at Barack Obama through the numbers.  We all the that the present state of affairs of the economy is terrible and Obama has been an epic failure as president; however, when you just take a good look at the actual numbers under Barack Obama … its worse than you even imagined.

Check out the numbers that include poverty rate, unemployment, inflation, health insurance premiums, food stamp usage, average housing prices, national debt, deficit, etc. Are you better off under President Barack Obama? The numbers do not lie, although he might. Remember the numbers in 2012!