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Old 11-27-2018, 11:24 PM
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Default Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

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Six years ago, President Barack Obama promised to buy a Chevy Volt after his presidency.

“I got to get inside a brand-new Chevy Volt fresh off the line,” Obama announced to a cheering crowd of United Auto Workers activists. “Even though Secret Service wouldn’t let me drive it. But I liked sitting in it. It was nice. I’ll bet it drives real good. And five years from now when I’m not president anymore, I’ll buy one and drive it myself.”

Now it looks like Obama will not get his chance to make good on the promise. General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.
I guess those millions he made from book sales (as president) wasn't enough for him to "make good on the promise"...

I'm guessing he's probably relieved...
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Old 11-28-2018, 02:47 AM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

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Originally Posted by cnredd View Post
Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

I guess those millions he made from book sales (as president) wasn't enough for him to "make good on the promise"...

I'm guessing he's probably relieved...
Unless he promised to bey a brand new one he can still buy one.
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Old 11-28-2018, 06:17 AM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

In addition to the billions in Federal give aways to GM, funded by increasing the national debt, Obama inflated early Volt sales by having the Federal government purchase them with taxpayer $.

The Prius remains a top selling model for Toyota demonstrating that a small car hybrid can be a success in the market.
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Old 11-28-2018, 08:56 AM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

Like so many promises made by Obama, this one is just another lie to appease his followers. Followers who believe him to be a better President than George Washington.

As I view these two historical Presidents, I see one sitting on a horse in command of his men, sabre drew erect, musket balls flying as he faces the challenges of office and command for his country. I see the other sitting on his bicycle with a lit reefer.

About the only thing these two have in common is that neither of them will ever sit in a Chevy Volt.
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Old 11-28-2018, 10:39 AM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

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Originally Posted by FrancSevin View Post
Like so many promises made by Obama, this one is just another lie to appease his followers. Followers who believe him to be a better President than George Washington.

As I view these two historical Presidents, I see one sitting on a horse in command of his men, sabre drew erect, musket balls flying as he faces the challenges of office and command for his country. I see the other sitting on his bicycle with a lit reefer.

About the only thing these two have in common is that neither of them will ever sit in a Chevy Volt.
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Old 11-28-2018, 10:42 AM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

Why the heck are we giving subsidies to corporations anyway? ALL subsidies should end, not just the money wasted on GM like the president has claimed.
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Old 11-28-2018, 03:54 PM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

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Why the heck are we giving subsidies to corporations anyway? ALL subsidies should end, not just the money wasted on GM like the president has claimed.
The GM bailout was all about the Unions. Not saving the Company. Former ( I love sayin' that) President Obama threw the taxpayers under the bus when he over ruled the bankruptcy courts ( to which no federal circuit court judge objected) and did multi billion dollar deals. In my opinion illegally so. Deals which gave GM life and boatloads of money, put Chrysler at the mercy of failing Fiat (because it was a union shop) and gave Ford the finger.


Don't be mad at the Corporation alone. The Unions got their deal ten years ago when they sold out their membership to the Democrats. And now they got nuthin'. I say why buy a top dollar Cadillac when KIA's are built by the same workers in China.
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Old 11-28-2018, 04:56 PM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

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Originally Posted by FrancSevin View Post
The GM bailout was all about the Unions. Not saving the Company. Former ( I love sayin' that) President Obama threw the taxpayers under the bus when he over ruled the bankruptcy courts ( to which no federal circuit court judge objected) and did multi billion dollar deals. In my opinion illegally so. Deals which gave GM life and boatloads of money, put Chrysler at the mercy of failing Fiat (because it was a union shop) and gave Ford the finger.
I'm no Obama fan, but when I think of bailouts, I think of the rape of the public treasury under GW Bush, whose administration claimed that certain (well-politically-connected) companies were "too big to fail," which was a BS excuse to throw billions at large corporations, auto companies, banks, etc. Were the Obama bailouts as bad? I didn't think so, although it was just as wrong to do it then, too.
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Old 11-28-2018, 09:44 PM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

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Originally Posted by Lumara View Post
I'm no Obama fan, but when I think of bailouts, I think of the rape of the public treasury under GW Bush, whose administration claimed that certain (well-politically-connected) companies were "too big to fail," which was a BS excuse to throw billions at large corporations, auto companies, banks, etc. Were the Obama bailouts as bad? I didn't think so, although it was just as wrong to do it then, too.
Bush capitulated to the left for years. The bailout was the last straw for me. I'm no fan of Bush43 for this very reason.

On the other hand, he has been a pretty good Ex-President. Cannot say the same for his successor.
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Old 11-29-2018, 07:38 AM
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Default Re: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

Quote:
Originally Posted by FrancSevin View Post
The GM bailout was all about the Unions. Not saving the Company. Former ( I love sayin' that) President Obama threw the taxpayers under the bus when he over ruled the bankruptcy courts ( to which no federal circuit court judge objected) and did multi billion dollar deals. In my opinion illegally so. Deals which gave GM life and boatloads of money, put Chrysler at the mercy of failing Fiat (because it was a union shop) and gave Ford the finger.


Don't be mad at the Corporation alone. The Unions got their deal ten years ago when they sold out their membership to the Democrats. And now they got nuthin'. I say why buy a top dollar Cadillac when KIA's are built by the same workers in China.
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Don't forget the robbery of the GM and Chrysler stockholders to facilitate the government directed redistribution scheme. Obama's minions transferred the bulk of Chrysler's assets to a shell corporation leaving bankruptcy court to pick over the remainder as compensation for the stockholders and bond owners. Fiat received a thick slice of Chrysler equity for zero capital investment. The UAW got equity in both Chrysler and GM for no investment. The taxpayers got the bill.

Neither the UAW nor Fiat felt any obligation to repay the taxpayer for bailing out the company. A couple years later GM passed out employee bonuses averaging $7K on top of the highest compensation packages in the industry. The taxpayers saw no relief as we continued to pay debt service on the funds borrowed to bailout the company.
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