Tuesday, March 17, 2009

Mal-investment 101

Gas prices have dropped heavily over the last few months.  If you’re driving a hybrid car right now…how do you feel about the expensive little car you bought?  Well, you’re saving the planet so you must have a bit of a smug look on your face…at least on the days you’re not making your car payment.

Hyundai and Volkswagen have newer model diesel powered cars that get 50+mpg.  Even though manufacturers are resolving emission problems related to diesel, still most manufacturers won’t bring their diesel autos to the United States due to punitive excise taxes on diesel fuel.

In many states you can drive your hybrid automobile in the carpool lane even if you’re alone in the car.  Driving a diesel?…well…stay in line and wait your turn.

The US Government wants you to buy a hybrid…and it looks like you’re using other factors to decide to be uncooperative…and you’re doing this collectively as a country without being coerced.  That alone is amazing since all I’ve heard lately is that we’re unable to do anything collectively without proper incentives from an intervening (but caring) government. 

1 comment:

berburbaby said...

"Well," I can hear them saying, "at least our gov't is intervening and making AIG pay back the bonuses."

Even though SOMEONE in the gov't KNEW about the bonuses before it even happened.

They only care in the aftermath, so when folks start defaulting on their hybrid car loans, then the gov't will step in.