History’s most accomplished satirists might never approximate the sheer absurdity that is the politically-pushed “anthropogenic climate change” canard, and they might never have the gall or the dark hearts to take my neighbor’s money in order to engage in a multi-decade, multi-billion-dollar favoritism scheme to hand out cash to government-pushed “green” projects such as expensive wind-farm boondoggles, solar corporation subsidies, and fiery “electric vehicle” rip-offs we’ve seen for far too long.
But now, just as it did in the Soviet Union, Mao’s China, and North Korea, the reality of markets overcoming fascist “EV” cronyism, the truth of economics overcoming central planning, and the true destructive consequences of corporations counting on central planners (rather than consumer interests) for their future, are becoming clear.
Last December, I got to write about Ford Motor Corporation “delaying” some of its EV manufacturing plans.
Now, Ford has gone further. They not only are ending previous EV plans, they are returning billions of dollars and a major plant the manufacture of internal combustion engine trucks.
Michael Wayland reports for CNBC:
“Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub.
The new plans include investing about $3 billion to expand Super Duty production, including $2.3 billion at Ford’s Oakville Assembly Complex in Ontario, Canada, Ford said Thursday. The remaining investment will be used to increase production at supporting facilities in the U.S. and Canada, the company said.”
Surely, Department of Energy Secretary Jennifer Granholm won’t like to hear that.
After all, we at MRCTV have been watching her history of funneling federal subsidies to EV bus maker Proterra when she was Michigan Governor, then joining the board of Proterra after she left office, then receiving a tidy stock-option bundle from Proterra when she left their board to join Biden’s gang, her subsequent lack of transparency regarding said investments, and her sale of the stocks for nearly a $3 million profit just a few weeks before Proterra filed for federal bankruptcy protection.
The giant leviathan of green subsidies and the political forces behind them has been incredibly powerful, and the pushers of the climate canard still push, even as they hypocritically fly around the globe, enjoy air conditioning in desert hotels or charge their electric limos with Diesel generators.
Related: Is Government Losing Its Push To Make Us Drive Dangerous Electrics?
But Ford’s higher-ups can see the reality of economics. And most consumers don’t want to deal with the dangers and unworkability of electric vehicles.
Writes Wayland:
“Ford said the Canadian plant, which is expected to come online in 2026, will add capacity of roughly 100,000 units annually.
‘Super Duty is a vital tool for businesses and people around the world and, even with our Kentucky Truck Plant and Ohio Assembly Plant running flat out, we can’t meet the demand,’ Ford CEO Jim Farley said in a release. ‘This move benefits our customers and supercharges our Ford Pro commercial business.’
Investors responded favorably to the news, sending Ford stock to a new 52-week high before shares leveled off later in the day amid a broader market decline.”
What a surprise. Investors also see the sense in turning away from the EV boondoggle.
What if politicians could not rig the system? What if politicians bureaucrats were not able to take our money to fund insane projects that have no tie to market interest?
What if politicians left people alone, and if they want to see EVs in our driveways, they enter the peaceful, free market, and start their own EV companies, as private citizens?
Wouldn’t that be nice as a change?
It turns out that even the politically watchful auto giant Ford has had enough, and is seeing the proverbial writing on the wall. It’s a trend that we noted in December, when I wrote:
“From Ford dropping the price of its F-150 “Lightning” in July because so many were sitting on sales lots (where the trucks have to be fed power to keep the batteries viable), to the corporation later announcing a long-term delay in what had been a planned $12 billion investment in making more EVs, to GM dropping its plan to start another EV pickup plant, and Toyota sounding alarms and dropping big EV plans, early and consistent critics of this anti-market, anti-freedom, move by the feds to steer automakers towards expensive, unreliable, heavy, fire-prone EVs and away from fulfilling consumer demand for efficient, low-priced, well-built vehicles that run on inexpensive, plentiful, portable, storable gas and Diesel have been proven right.”
Let this be a lesson, not just about EVs and the climate canard, but about central planning in general.
Only individuals are able to decide what is valuable to them. Morally and economically, valuation is the rightful purview of each person, and political usurpation of that moral prerogative and of that economic truism leads to ruin, everywhere it is tried.
Biden and his gang might have looked at the USSR and other collectivist systems and known the truth before they engaged in this foolishness, but they walked their corrupt, unconstitutional path regardless.
Thankfully, the people at Ford recognize economic truth, showing us that the less politicians get involved in gaming the system, the more economic truth we can express, the better the economy will be, and the less fascist immorality will be thrust into our lives.