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Posts Tagged ‘Honda’

When the Government Owns the Car Company…

July 16th, 2009

Guess which car you’ll be forced to buy?

Now that Dalton McGuinty and Stephen Harper have bought us in to GM, it appears the government will spend our money giving us a rebate on a McCar. Want a car? How about this, buy a car that’s not even available yet, and we’ll throw in $10,000. The problem, besides the fact it’s not really Dalton’s money but mine and yours, is that GM is the only company close to having a viable electric car in the near future.

Those of you in favour of stimulus style spending, need to learn this lesson. Government spends the money, buys an asset, then encourages, pushes, legislates that we peons must buy that product. It is the nature of government. In this case, now that they have a stake in GM, they want you to buy GM. The words, in the public good will appear before long, and then any trampling of your freedom to choose will be fair game.

And if you build cars in Ontario, and didn’t need Dalton McHelp?

Toyota Motor Corp. is raising concerns over the Ontario government’s plan to offer rebates of up to $10,000 to people who buy plug-in hybrid and battery electric vehicles, saying the move looks like a deliberate ploy to help General Motors Co…

“We can’t set up a situation where the future of the industry depends on constant subsidies…. This suggests that [the government] is prepared to be interventionist beyond their aim to help the industry recover.”

and

“We don’t want government deciding winners and losers,” Jerry Chenkin, executive vice-president of Honda Canada Inc…

“This announcement of a $10,000 rebate is creating winners and losers on products that aren’t available yet and [on which] nobody knows the real time line,” Mr. Chenkin said.

That’s the way it works, first they buy into the company with your money, then they give people your money to buy cars they wouldn’t otherwise buy. And if the car doesn’t exist yet, and if and when it does exist will ultimately need plugging into a coal fired plant to run? No problem, you have lots of money.

h/t Blue Like You

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