Saturday, March 19, 2011

GM & GE, aka Government Motors & Government Electric.

Interesting article at Forbes.com exposing some effects of government takeovers of corporations--and how we're being lied to on many different levels. I might suggest that the Volt, which had been hyped as an all-electric vehicle before the truth came out (it is really a hybrid, just like the Prius) be rolled out again in a new P.R. campaign to make over its image.  They can call by its new name: the Chevy "Re-Volt".

On page two of this article we see how the sales numbers for the product from one government-owned company are being propped up by purchases by another government-owned company, thereby cutting those pesky consumers out of the process and doing an end around on free market capitalism.  You and I still get to pay the bill, though.

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