Chrysler too, launched its solution to greenhouse gases. The 2009 Aspen Hybrid 4WD. At $45,570 it is a whole lot cheaper than the Cadillac shoebox, but energy wise, it is a serious competitor. It has a 5.7 liter V8, that gets an amazing 20/22 rating.
You should know that hybrid technology is really a hoax. See some of my earlier postings for more on that. Nevertheless, most hybrid makers do try to save gas in some ways and that is helpful. So hats off to Toyota!
Detroit on the other hand does not even try. And that is why we should let the go out of business. We, the taxpayers should say no to the whiners from Michigan.
Here is failure number one about to happen, for the Democrats and the Obama team. Most likely they will decide they need to save the car makers. Not because it makes any sense whatsoever, but because their constituents and donors at UAW will force their hand. Saving the "big three" is a dumb thing to do, even from a purely economic point of view. But for Obama, who made energy policy and climate change a big campaign issue, it is a litmus test. Even in these dire economic times, he should stand firm. Especially now.
He should stand firm because climate change is real and it will cost real jobs. There are no two ways about it. It will cause pain and suffering, and if Obama or anyone else for that matter, can't do it in a situation were it makes economic sense, what can we expect in other situations?
The sad truth is that Obama raised a record $750 million to win this campaign. While this is universally praised and admired, it is a setback of unheard of proportions. Not to be too cynical and call it a shame.
So, get ready for step one in the grand dance of paybacks. Saving dinosaurs who day in and day out prove to us that they deserve to go under.
When Cadillac disappears from the face of the planet, it will be a great day for all.
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