WAKARUSA, Indiana (CNN) – President Barack Obama announced Wednesday that the federal government will provide $2.4 billion in grants for the development of more fuel-efficient, battery-powered automobiles.
Obama made the announcement during a visit to an RV manufacturing plant in Elkhart County, Indiana - hard hit by the economic downturn.
Okay, you are continuing to find ways to shove our tax payers dollars at the big industries. How many more cars do we have to buy, insurance and banks scams (excuse me bailouts) do we have to pay for? We have no jobs, what happens when the grant and bailouts can no longer be sustained by the people. Will you then, focus on eliminating outsourcing and revfamping the tax codes? Or do we all just become a third world country?
I voted for change, I would like to see some (positive change)
Has Obama ever taken a business class to understand that when the check book is empty..............you quit writing checks? We are broke and he is continuing to bankrupt this country.
And how much more coal are we going to burn to support Government Motors, please stop this nut from spending even more money we don't have, we are BROKE.
Now this is stimulus I can get behind. This is the first step in getting off foreign oil and reinvigorating the US economy. The largest transfer of wealth in human history is occurring with the amount of foreign oil we are consuming at the moment. I read on here that “it’s impossible” and “no one wants electric cars”, but if we can work towards making them as similar as or better than our current cars, where’s the downside? Attitudes like that would not have won WWII or propelled a man to the moon folks.
Thanks Neutralizer, and don't call my president names until you've explained what that chimp of yours was doing over there in Iraq. Sounds like you country boys never seen a hybrid car, so lemme explain it to ya: it drives around parking lots and stuff like a golf cart; when it hits about thirty miles per hour the gas engine cranks up. That's how it saves gas, on the slow part. Get one that doesn't crank up until about sixty and we'd have something the rest of the world would line up to buy.
Cars Cars Cars – auto unione auto unions auto unions -- bail out bail out 4500 for clunkers 4500 for clunkers 4500 for clunkers
Mr Obama needs to realise that the auto industry is a very small peice of the American economy. Forget the unions and the big auto companies, it is small businesses in America that creats 80% of all new jobs. Give us small business owners the finanacial incentives we need - And that DOES NOT include health care reform
Again, Obama proves he's in the back pockets of the unions.
Great.... Obama really knows the American people and what we want (well he will tell us what we want.) I love how he constantly tells us to have patiences with the economy. He is buying time because he knows it will recover with or without the governments intervention. It is like Obama promising us that he can make it dark outside. Just give it 12 hours or so. The next morning he would take credit for night fall.
I guess those idiot negative commentors on Obama don't read and whine just like the GOP. This is a good idea. A success for Obama but failure for the Republicans, since they offer no solutions period!
"There is so much anger in America since Obama became President, why?"
I'm not sure, "susie," but unless you've been living somewhere deep in the jungle, there's been plenty of anger in America since well before Obama was elected.
And how do you think we are going to create the electricity needed to run these cars? Well, through dirty coal burning power stations like the one in the next city over from me.
Since John McCain last year touted government prize money for the development of a more efficient car battery.....what are all you Obama-bashers whining about?
It is only a misinformed fool who does not realize gasoline as we know it will be gone in the next 10 years...we need alternative vehicles, NOT more drill baby drill spouted by the right wingnuts.
why cant people just be a little more patience? it took 8 years to get into this mess and now people want 6 months to get out it.
It is interesting to follow the Obama and Democratic money trails. it is not about fixing the economy, it is all about pay for support now and in the future
Obama is giving away Money to the American People.
Bush gave away Money to Swiss Banks and People of Interest. :S
To date, $687 billion dollars have been allocated to the war in Iraq since 2003 (through 9-30-2009). Funny how the right has no problem screaming that Obama is "wasting money" but never once looks at the never-before level of wasted spending done by Bush. So it's OK to spend $687 billion on a BS war, but God forbid we actually spend $2.4 billion on something that will help advance the technology of our cars, leading to a greater independance from Mid-East oil. And they say the left "drinks the KoolAid?" What are they smoking?
And where is this pile of money going to be coming from? Oh yeah... China.
If they were to make Lithium Ion batteries here in the US, the EPA would kill it with excessive costs and compliance standards.
Get real... this will not create any real jobs here. It's cheaper to manufacture these batteries offshore and we all know it.
Great job Obama, how about doing something that doesn't cost the American taxpayer money? You know like tax incentives for our American Industries to come home, you know like tax incentives for industries to initiate better and cleaner methodologies, you know like decreasing the bureaucratic nightmare in permitting a new industrial site? Once again, the interns must be coming up with these stupid plans and none of the elected officials in Washington have enough know how or common sense to even understand the ramifications of these idiotic plans and waste of taxpayer monies! Hey, but what do you expect from a group of elitists that very few have ever had a real honest to god job in business or industry?
Another great effort from President Obama!
He's "getting it done" – and the republicans are stewing in their own lies and hate.
My Lord – this man is a jack! How come he never spends HIS money???? He used the government all his life for educations and NOW he's using EVEN MORE!!!! And it is NOT HIS TO GIVE!!!!!
Go back to wherever you were really born and STOP Stealing from the real citizens!!!! Your mama and papa teached you to USE the government – and NOW you are using the Real People!!!!
Where's the money coming from? Obama seems to think the answer to every problem is give them money. He's given out billions and billions and we still have the same problems as before, just bigger. If he doesn't have solutions to the problems thrown at him, why can't he just admit it instead of throwing TAXPAYERS money around hoping we'll be blind to the fact that he's not doing anthing to solve the problems and just wasting OUR money.
Good. Lets keep it going. This thing has been more successful at driving the economy than anything else thats been done. Incredibly useful. Well done Obama.
Some of you are so hypocritical because if the government would send you a check right now you would spend it. And then have a nerve to say we are spending too much money.
Good work. This will create jobs, get the American auto industry back on the map, will help get us off the Saudi teat, and will put more money back in the pockets of Americans when they don't have to spend as much on gasoline. Obama's looking at the big picture and the long haul, and that's a good thing... a lot better than the faith-based short-sightedness of Republicans, which got us in this mess. I don't like the spending, either, but sometimes you have to spend money to make money, and that's what's happening now.
If you don't want an electric car, if it doesn't suit your needs, don't buy one. As for me, if I can get 100 MPG or better, hell yeah I'll go for it. I don't particularly care about the "green" nature of it, but that's also a plus.
lets spend more money we don't have!