Washington Babylon — May 28, 2009, 9:13 am

The 100 MPG Hummer: Suckers Wanted

Last week Raser Technologies announced a Capitol Hill event for its unlikely new product: an electric Hummer H3, which the company claims gets up to 100 miles per gallon. Even if this were true, and it sounds to me about as likely as turning lead into gold, it’s hard to see the social value of a fuel-efficient 5,000-pound Hummer whose prototype costs millions of dollars. Yet proving the maxim that there’s a sucker born every minute, news of the event sent the company’s stock up nearly 20 percent.

The following day, Senator Orrin Hatch, Republican of Utah, jumped into the driver’s seat of a red Hummer H3 and took it for a test drive. “Better watch out,” he told reporters. “Never know where I’ll be.”

This isn’t Senator Hatch’s first promo gig for Utah-based Raser Technologies. At a press conference in 2005, Hatch, having proposed a tax credit for the purchase of hybrid vehicles, said, “I have had the goal of lowering the market barriers to the mass production of the best available automotive technologies. I believe that Raser’s technology breakthrough will play an important role in achieving this goal.” And eight months ago, Hatch attended a ribbon-cutting for a geothermal power plant built by Raser in Utah.

After the Capitol Hill-generated irrational exuberance passed, Raser’s share price has settled back down to approximately its pre-test drive level.

Incidentally, Raser executives have contributed generously to Republican causes, but not to Senator Hatch. In the last election alone, they contributed $10,600, of which all but $1000 went to Mitt Romney. Which is perfect: makers of the sucker Hummer supporting the ultimate sucker candidate.

Share
Single Page

More from Ken Silverstein:

From the November 2013 issue

Dirty South

The foul legacy of Louisiana oil

Perspective October 23, 2013, 8:00 am

On Brining and Dining

How pro-oil Louisiana politicians have shaped American environmental policy

Postcard October 16, 2013, 8:00 am

The Most Cajun Place on Earth

A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits 

Get access to 164 years of
Harper’s for only $45.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

May 2015

The Quietest Place in the Universe

= Subscribers only.
Sign in here.
Subscribe here.

Black Hat, White Hat

= Subscribers only.
Sign in here.
Subscribe here.

Beyond the Broken Window

= Subscribers only.
Sign in here.
Subscribe here.

In Search of a Stolen Fiddle

= Subscribers only.
Sign in here.
Subscribe here.

Displaced in the D.R.

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Article
Displaced in the D.R.·

= Subscribers only.
Sign in here.
Subscribe here.

“How is it possible that my birth certificate is invalid if I was born here?”
Photograph by Pierre Michel Jean
Article
The Quietest Place in the Universe·

= Subscribers only.
Sign in here.
Subscribe here.

“Gaitskell and his colleagues are approaching the revelation of a new order, a new universe, in which even light will be known differently, and darkness as well.”
Painting by Sebastiaan Bremer
Article
The Test of Time·

= Subscribers only.
Sign in here.
Subscribe here.

“One by one his books dismantle the idea that art consoles, that art contains truths, that art expresses the soul. He insists on the artificiality and createdness of his narratives.”
Article
Saving the Whale, Again·

= Subscribers only.
Sign in here.
Subscribe here.

“While the other Wall Street behemoths are currently tapering their derivatives trading, Citi has been expanding its own.”
Illustration by Ross MacDonald
[Browsings]
On Broadway·

= Subscribers only.
Sign in here.
Subscribe here.

Photograph by the author

Chance that an American would give up at least one week of life to avoid taking a pill every day:

1 in 3

Iowa urologists reported that only a minor portion of locker-room teasing arises from “the presence of excess foreskin”; most teasing targets small penises.

A pair of Russian film directors asked President Vladimir Putin to invest $18 million in a new restaurant chain intended to drive McDonald’s out of the Russian market. “Every project these days,” a Russian television personality said of the proposal, “must be smothered in patriotic sauce.”

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST

Subways Are for Sleeping

By

“Shelby is waiting for something. He himself does not know what it is. When it comes he will either go back into the world from which he came, or sink out of sight in the morass of alcoholism or despair that has engulfed other vagrants.”

Subscribe Today