Tag Archives: Obama

Atlas will shrugg

“Chevy Volt: The Car From Atlas Shrugged Motors” de Patrick Michaels na Forbes

The Chevrolet Volt is beginning to look like it was manufactured by Atlas Shrugged Motors, where the government mandates everything politically correct, rewards its cronies and produces junk steel.

This is the car that subsidies built. General Motors lobbied for a $7,500 tax refund for all buyers, under the shaky (if not false) promise that it was producing the first all-electric mass-production vehicle.(…)

Recently, President Obama selected General Electric ( GE – news – people ) CEO Jeffrey Immelt to chair his Economic Advisory Board. GE is awash in windmills waiting to be subsidized so they can provide unreliable, expensive power.

Consequently, and soon after his appointment, Immelt announced that GE will buy 50,000 Volts in the next two years, or half the total produced. Assuming the corporation qualifies for the same tax credit, we (you and me) just shelled out $375,000,000 to a company to buy cars that no one else wants so that GM will not tank and produce even more cars that no one wants. And this guy is the chair of Obama’s Economic Advisory Board?

It really is enough to get you to say Atlas Shrugged. For those who do not know, or who are only vaguely familiar with, the Ayn Rand classic, it is a story of a society in decay, where politically favored technologies and jobs are foisted on the nation, where innovations that might threaten existing corporatist cartels are financially or physically sabotaged as unemployment mounts and the nation spirals into a malaise that makes the Carter years look like Mr. Rogers’ Neighborhood.

Os EUA e a Líbia

President Obama is reluctant to intervene in the bloody civil war now underway in Libya. As a senior aide told The New York Times last week, “He keeps reminding us that the best revolutions are completely organic.” I like that notion of organic revolutions—guaranteed no foreign additives, exclusive to Whole Foods. I like it because, like so much about this administration, it is both trendy and ignorant.

Was the American Revolution “completely organic”? Funny, I could have sworn those were French ships off Yorktown. What about Britain’s Glorious Revolution, the one that established parliamentary rule? Strange, I had this crazy idea that William III was a Dutchman.

Not Obama

New Musical Express

Moe Tucker has spoken for the first time since local TV footage emerged online suggesting she was a supporter of the Tea Party movement in the US.(…)

“Anyone who thinks I’m crazy about Sarah Palin, Bush, etc has made quite the presumption,” she declared. “I have voted Democrat all my life, until I started listening to what Obama was promising and started wondering, ‘How the hell will this Utopian dreamland be paid for?’ For those who actually believe that their taxes won’t go up in order to pay for all this insanity: good luck!”