John Ransom

So now GM’s plan is to make the Volt more expensive, because the Obama administration understands that richer liberals are just stupider with their money. Rich liberals went out and voted a tax increase for themselves after all, campaigned for it, embraced it; argued, in fact, that the biggest problem in all of the world is that the government doesn’t have enough of our money.   

What better way to reward them then to figure out another way to fleece them out of more money that they don’t value?

But this time the fleecing will come with Onstar Navigation, leather seats and a dual DVD players.  Maybe shortly they can come out with an Escalade version?

Like most government enterprises, however, GM has decided that it doesn’t want to completely ignore bilking the middle-class. 

That why they have announced that the next version of the Chevy Volt is going to far cheaper.

“Instead of shoehorning the electric powerplant into a conventional GM compact-car platform,” reports USAToday, “the next Volt will be purpose-built. That will allow the ability to better package the batteries and other specialized components, says Mark Reuss, president of GM North America. He spoke Wednesday night at Automotive News' World Congress here in Detroit.”

The result will be a car that’s more affordable for working class dudes like you and me.

I’m not exactly sure why they wouldn’t have made the car “purpose-built” in the first place to make it as affordable as possible.

But perhaps like the tax increase that was supposed to be aimed just at the rich, had we known they were going conjure up one “affordable” for all of us, no one would have voted for them.

Because no one was just itching for the payroll tax hike.

And I’m guessing that most everyone would agree that buying a $30,000 car that gets 35 miles between all-night, plug-in charges is just stupid.

Even for middle class liberals.


John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.
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