More WTF??? from our acting President.
Obama to Increase Electric Car Subsidies (at American Thinker)
Chevy Volts are already more expensive than most people can afford, even with the subsidy, so the only people who buy them are fairly wealthy people. Subsidizing these cars means that we taxpayers get to help rich people buy them by paying part of the cost for them. We were paying $7,500 of each car sold; now we get to pay $10,000. So how many of my friends and relatives want to chip in and donate $10,000 to help a wealthy person buy a car? I know I don't, but Obama wants you to. He must be completely ignorant of the fact that this money for subsidies comes either from our pockets, or it must be borrowed (usually from China) and left to our children and grandchildren to repay.
A boot on the necks of America-hating liberals.
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