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Chevy Volt a Failure - GM to Layoff 1,300

Discussion in 'Sports and News' started by Evil Bastard (aka Chris_L), Mar 2, 2012.

Page 61 of 244
  1. GeorgeFHayek

    GeorgeFHayek Member

    Did I write that the threat wasn't real? Do I have a stutter when I type?
     
    GeorgeFHayek, Sep 28, 2012
    #721
  2. old_tony

    old_tony Well-Known Member

    Doesn't pain me in the least. If someone only drives 30 miles a day and spends 40K on a car when a 10K car would do just fine, that's their business. But now that you'll be fueling your car with coal instead of cleaner-burning gas, my lungs are offended.
     
    old_tony, Sep 28, 2012
    #722
  3. Armchair_QB

    Armchair_QB Well-Known Member

    Well, I'm not Ann Romney and I'm not taking gubmint assistance to make my house payments so I'm not sure what you mean.
     
    Armchair_QB, Sep 28, 2012
    #723
  4. Lieslntx

    Lieslntx Active Member

    I've missed you, O_T.
     
    Lieslntx, Sep 28, 2012
    #724
  5. Justin_Rice

    Justin_Rice Well-Known Member

    Whew! That's a relief! I thought you were talking to me; but you were actually talking to the guy who bought the car for $40,000 :)
     
    Justin_Rice, Sep 28, 2012
    #725
  6. Justin_Rice

    Justin_Rice Well-Known Member


    So you don't write off your mortgage interest?
     
    Justin_Rice, Sep 28, 2012
    #726
  7. Armchair_QB

    Armchair_QB Well-Known Member

    Sure I do but of course that's not even in the same galaxy as what Obama is doing with GM and the Volt.

    I certainly hope you're smart enough to realize this.
     
    Armchair_QB, Sep 28, 2012
    #727
  8. Justin_Rice

    Justin_Rice Well-Known Member

    It's unfair to say "... Obama is doing with GM and the Volt."

    The tax credit isn't for the Volt. It's for all plug-in electric vehicles. The government is providing incentive for the production and purchase of hybrids and electrics. They're not doing it just for Volts.

    It's a lot like the government providing incentive for the purchase of houses, by handing out tax deductions for mortgages.

    Granted - one's a credit; one's a deduction. Otherwise, I fail to see the difference when it comes to the government manipulating the tax code to reinforce certain behaviors. Please - enlighten me ...
     
    Justin_Rice, Sep 28, 2012
    #728
  9. Armchair_QB

    Armchair_QB Well-Known Member

    The difference is, Obama is takng tax money and giving it to a favored company. No one is taking money from you when they use a mortgage exemption.

    If you aren't intelligent enough to understand this I can't help you.
     
    Armchair_QB, Sep 28, 2012
    #729
  10. 93Devil

    93Devil Well-Known Member

    And how much does the government give oil companies to "research" alternative fuels each year?
     
    93Devil, Sep 28, 2012
    #730
  11. Justin_Rice

    Justin_Rice Well-Known Member

    I'll say it again: The tax credit isn't for the Volt or for GM. It's for all plug-in electrics.

    And moreso, the Government has been handing out tax credits for hybrids and electrics since at least 2005. ... not to mention many regions giving hybrids and electrics special commuter lane access.

    http://www.fueleconomy.gov/feg/tax_hybrid.shtml
     
    Justin_Rice, Sep 28, 2012
    #731
  12. The Big Ragu

    The Big Ragu Moderator Staff Member

    GM got a $85 billion bailout from the Federal government (the rest of us go bankrupt when our business is no longer viable), of which we are on track (American taxpayers) to eat at least $25 billion. The estimated loss on the deal keeps going up.

    This is about much more than a tax credit that subsidizes your car at everyone else's expense or the political agenda being played out with the government-run auto company. It's the fact that NONE of that should have ever been an albatross that was hung on America.
     
    The Big Ragu, Sep 28, 2012
    #732
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