While out driving I heard Sen. Obama on the radio talking about cars that get 120 mpg and how he’s going to give you $7,000 if you will buy one (what a guy). Two thoughts came to mind: 1) If a car gets 120mpg, then why do you have to pay someone $7,000 to buy it? 2) Where is the $7,000 coming from?

I favor a windfall profit tax on the iphone myself, but that attacks Sen. Obama’s base so I ain’t holding my breath. I suspect he will kidnap seven grand from every American Family and then send a ransom note: if you want your money back you will buy one of these lame ass cars. You got until 9pm tonight! (He won’t want to give them too much time to think. They might get buyer’s remorse in advance).

The issue isn’t miles per gallon but cost per mile (I mean for a typical rational person — if there is such a thing). That’s why the left needs to artificially push up the cost of gas (and blame it on the oil companies, of course). Then the “Alternatives,” which will be heavily subsidized and untaxed, will look more attractive. Sen. Obama will call the subsidies “an investment” even though it is the opposite. Have we all been keeping our Newspeak Dictionaries up to date? It might be quite a chore during President Obama’s Administration, so don’t fall behind.

Every day the guy comes up with a new proposal that will distort Economic decision making and drag the economy down. Be happy, sell short.