Obama wants shareholders to bite the hand that feeds them in effort to push his climate change agenda

On Wednesday, I wrote about auto manufacturers having second thoughts about the EPA’s 2025 fuel efficiency standard they signed-on to in 2011, and the result of getting in bed with big government. They are forecasting difficulty in selling their cars – expected to cost some $6,000 more – in a market where low fuel prices prevail.

Now President Obama and his EPA have their sights set on the fossil fuel industry itself, making it even more difficult for auto makers to sell their cars. Continue reading

The ‘not I’ business community needs to step up

Regular readers of this blog will recall my frequent criticism of businesses that get in bed with big government. We’ve seen it with automobile manufacturers and café standards. We saw pharmaceuticals and various health entities support ObamaCare. And we’ve witnessed energy firms jump on the climate change train. Continue reading

Ordering an automobile you haven’t driven and may not see for two years

(Joey Carrera, the republic

People stand in line to put down a $1,000 deposit on the new Tesla Model 3 in Scottsdale. (joeycarrera /the republic)

When I saw the photograph of people waiting in line at the Scottsdale Fashion Square mall (some since 3 a.m.) to put $1,000 down on a car they will not see for more than a year, the Tesla Model 3, a number of thoughts crossed my mind.

Who are these people, I thought, who would buy a pig in the poke? My father used to echo the saying, there’s a sucker born every minute, but I’m not sure these people fall in the category. They obviously have the money to do so. Continue reading