Could EVs Compete In A True Free Market?
Posted By: RockyTCB, 4/19/2024 2:37:30 PM
It seems we’ve reached “peak EV,” with sales in trouble and assembly line workers losing their jobs. The hard truth is electric vehicle sales would have never reached the level they have if the government had not trespassed into private matters. The EV troubles are all around. Sales are slowing. Unsold cars have piled up in lots. Surveys plainly indicate that fewer Americans want them. In response to dramatically slowing sales, Ford announced last fall that it was delaying $12 billion in EV investments. Which should surprise no one, considering that the company lost nearly $73,000 on each EV it sold in the second quarter of 2023.
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Could EVs Compete In A True Free Market?
10 replies
It seems we’ve reached “peak EV,” with sales in trouble and assembly line workers losing their jobs. The hard truth is electric vehicle sales would have never reached the level they have if the government had not trespassed into private matters.
The EV troubles are all around. Sales are slowing. Unsold cars have piled up in lots. Surveys plainly indicate that fewer Americans want them. In response to dramatically slowing sales, Ford announced last fall that it was delaying $12 billion in EV investments. Which should surprise no one, considering that the company lost nearly $73,000 on each EV it sold in the second quarter of 2023.
Joe Biden’s Economic Dunkirk
7 replies
Just after Ronald Reagan won the presidential election in November 1980, economic adviser David Stockman wrote a memo warning the president-elect that he faced an “economic Dunkirk” thanks to the disastrous economy he was inheriting.
Among Stockman’s warnings was that the Carter administration had set a “ticking regulatory time bomb” that would blow up the economy.
“They have spent the past four years ‘tooling up’ for implementation through a mind-boggling outpouring of rulemakings, interpretative guidelines, and major litigation – all heavily biased toward maximization of regulatory scope and burden,” Stockman wrote.
Has there ever been a more hypocritically thin-skinned occupation than journalism?
Day after day these relatively uneducated writers piously dish out opprobrium on those they don’t like and then respond like whiny spoiled brats when anyone dares to criticize them.
The latest example of this involves Uri Berliner, a senior editor at National Public Radio who we learned on Tuesday was suspended without pay for having the temerity to complain that this taxpayer-supported enterprise had become hopelessly agenda-driven.
Berliner has worked at NPR for a quarter century and describes himself
Joe Biden’s Wars
5 replies
It’s long been known around Washington, as former Defense Secretary Robert Gates once said, that Joe Biden “has been wrong on nearly every major foreign policy and national security issue over the past four” – now five – “decades.”
So the conflicts raging around the world and forecasts of World War III should have been expected.
But, hey, at least we didn’t elect in 2020 the guy who sent impetuous tweets that upset elites and snowflakes.
As president, Biden has projected American weakness in a Carter-esque fashion, starting with his chaotic and deadly withdrawal from Afghanistan, which a State Department report said
The Shocking Truth About ‘Tax Fairness’
11 replies
After spending decades peddling the fiction that the rich don’t pay their fair share of taxes, Democrats have convinced 60% of adults that it’s true, according to the latest I&I/TIPP poll.
That includes half of Republicans and nearly two-thirds of independents.
But just because most people believe something doesn’t make it true. And in this case, it is wildly and demonstrably false.
As our I&I/TIPP poll report today shows, the richest 1% of Americans now pay 45% of all federal income taxes collected, “the highest levels of taxes as a share of the total in history.” The bottom 75% of income earners, in stark contrast,
This Is Biden’s Reelection Pitch?!?!
7 replies
We recently received a Biden-Harris campaign fundraising email, and if this is the best pitch they can make, then Joe Biden deserves to lose, bigly. It’s full of lies. It’s completely disconnected from reality. Biden takes no responsibility for the nation’s current troubles, and offers absolutely no solutions.
The email begins “I know this message is long.” Except it’s not – it’s less than 430 words, which isn’t much for an email that promises to remind readers “of all the things we have been able to accomplish because of our victory in 2020.”
The next sentence is a flat-out lie.
Should Donald Trump be elected this fall, he should waste no time in reversing Joe Biden’s electric vehicle mandate. Biden not only overstepped his authority, he set the country directly on a course that will bring nothing but trouble.
Acting like the authoritarian that the Democrats and media claim that Donald Trump is, Biden, with a pen and maybe a phone, has ordered through his Environmental Protection Agency to issue a rule that will require Americans to replace their internal-combustion engine automobiles with battery-powered cars. The rule doesn’t
Earlier this year, pollster Scott Rasmussen asked voters a simple question: “Would you rather have your candidate win by cheating or lose by playing fair?”
The answers he got back were, as he put it in a Daily Signal podcast last week, “the most terrifying poll result I’ve ever seen.”
Among all Americans, just 7% said they would want their candidate to win by cheating. As Rasmussen put it, he’d rather see that number lower, but that’s not bad.
But more than a third of the elite 1% he surveyed would condone cheating. And among those who are “politically obsessed”
Black Gold
5 replies
In 2019, while campaigning in New Hampshire, Joe Biden promised to “end fossil fuel.” Not only has he failed to keep his promise, oil consumption has reached a new all-time high. For this we should all be thankful.
When a climate activist challenged him on that September day about his connections to the co-founder of a liquified natural gas company, Biden, as he has done throughout his career of “public service,” became Joe the Clown. Calling her “kiddo,” he told her to look into his eyes, then said “I guarantee you. We’re going to end fossil fuel.”
The ever-fawning-for-Democrats media
Can the U.S. media ever reverse their reputation for dishonesty and bias and end their current tailspin? Given how the public currently views them, the answer is “not likely,” the latest I&I/TIPP Poll suggests.
Each month I&I/TIPP Poll asks registered voters from around the country to gauge their trust in the major media that supply them with news, features and other information.
Specifically, two questions were asked:
“Generally speaking, how much trust do you have in the traditional or established news media (Example: Washington Post, New York Times, NPR, CBS News, etc.) to report the news accurately and fairly?”
Earlier this week we reported on our findings about net domestic migration trends in the U.S. based on voting patterns in the 2020 elections. (See: “The Great Divorce: 3.7 Million Have Fled Counties That Voted For Biden.”)
But we realized there was a discrepancy in the numbers. For example, while more than 483,000 people have moved out of Los Angeles County since 2020, the county’s population only declined by 351,000. Over the past three years, more than 88,000 Americans left Harris County, Texas, yet its population actually increased by 104,000.
And, while we found that, overall, 3.7 million people moved
Have We Reached Peak Climate Nuttery?
18 replies
A new report tells us that man-made global warming is driving up prices. Please tell us this is parody. It’s far too risible not to be.
Oh, but no. We’ve been assured that it’s a serious paper. “Global warming and heat extremes to enhance inflationary pressures,” was published last week in the peer-reviewed journal Communications: Earth and Environment. Axios tells us the study “incorporated more than 27,000 observations of monthly price indices across 121 countries in the developed and developing worlds during the 1996 to 2021 period, along with high-resolution weather observations.”
From that,
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Democrats want Trump dead.
House Democrats on Friday moved to strip President Trump of his Secret Service protection if he is convicted.
Democrat Rep. Bennie Thompson introduced a resolution that would terminate Trump’s Secret Service protection. The legislation dubbed the “Denying Infinite Security and Government Resources Allocated toward Convicted and Extremely Dishonorable (DISGRACED) Former Protectees Act would apply to all Secret Service protectees convicted and sentenced under felony charges.
Chinese hackers preparing to ‘physically
wreak havoc’ on US critical infrastructure:
FBI director 21 replies
wreak havoc’ on US critical infrastructure:
FBI director 21 replies
Chinese hackers are developing the "ability to physically wreak havoc on our critical infrastructure at a time of its choosing," FBI director Christopher Wray said this week. He added that the hackers are waiting "for just the right moment to deal a devastating blow."
The hacking campaign, known as Volt Typhoon, has embedded itself successfully in several American critical infrastructure companies that include telecommunications, energy and water, and others, he said.
Democrat members of Congress waved Ukrainian flags on the House floor after voting to give them another $60.8 billion in taxpayer funds.
The $95.3 billion foreign aid package funds Israel, Ukraine, and Taiwan — with nothing for Americans. (X Video) On Saturday, the package was approved 311-112 with all of the “nay” votes from Republicans.
“Ukrainian flags fly in the chamber of the UNITED STATES House of Representatives as they vote to send more of your hard-earned money to a corrupt foreign regime. And just like that they shout ‘UKRAINE! UKRAINE!’ while happily working to secure Ukraine’s in a post on X.borders, not ours,” Senator Rand Paul wrote
The White House dodged questions Thursday after Joe Biden made the startling claim that his uncle was eaten by cannibals during World War II.
Biden suggested his relative had met a grisly end at the hands of flesh-eating savages after his plane was shot down by the enemy over New Guinea.
The president made the assertion, apparently for the first time publicly, during a trip to his birthplace of Scranton, Pennsylvania. Ihe White House dodged questions Thursday after Joe Biden made the startling claim
Workers at a Volkswagen plant in Chattanooga, Tennessee, voted overwhelmingly to join the United Auto Workers, becoming the first Southern autoworkers outside of the Big Three to do so in a region long resistant to unionization, the labor group announced late Friday.
The UAW declared victory as votes continued to be tallied, with its unofficial count at 2,628 for joining the union and 985 opposed, or 73% to 27%.
"Volkswagen thanks its Chattanooga workers for voting in this election," the company said in a statement acknowledging that workers had voted in favor of union representation. "We will await certification
Is Biden’s Poll Surge for Real?
17 replies
We are now roughly six and a half months from election day or election month, depending on your state’s election laws.
Today, we’ll focus on Joe Biden’s recent polling surge, as shown in the Real Clear Politics Poll Average of Trump vs Biden. You will note Trump is up over Biden by a whopping 0.4 percentage points. If we remove the possible outlier Rasmussen survey from the average, showing Trump at +8, Joe Biden would be ahead by 0.4. Republicans might be dismayed by this, and Democrats encouraged.
In January of this year, Trump was ahead of Biden by +4. Since then, the poll average
Rep. Bennie Thompson (D. Miss.), who chaired the House J6 Committee, introduced legislation that calls for President Donald Trump to lose his Secret Service protection if he’s convicted and sent to prison. Thompson fully understands that there is a strong likelihood that the current Manhattan hush money trial or the upcoming Georgia RICO trial, both of which are open partisan lawfare rather than justice, will see at least one felony conviction and prison sentence for Trump. In other words, this legislation is an almost explicit call for Trump’s assassination.
It’s been apparent since the get-go that the myriad criminal actions against Trump are a form of election interference. Each case
Barack Obama set the stage in 2015 for the student loan forgiveness fiasco when he announced the 'America's College Promise' proposal to make two years of community college free. On the proposal's web page is this: "Students should be able to get the knowledge and the skills they need without taking on decades worth of student debt." (emphasis mine)
Obama's idea has now been extended to include four-year colleges. His lackey, that joke who currently occupies the Bully Pulpit, is simply forwarding his boss' idea. The problem for Biden is that Obama's idea is neither legal nor morally acceptable.
An article in The Conversation makes a good moral case for not
The Senate passed a controversial extension of the federal government’s warrantless spying powers just after a midnight deadline on Friday over objections from Democrats and Republicans who opposed the incidental collection of US citizens’ data as part of the authority.
In a 60-34 vote, Democrats and Republicans voted to reauthorize Title VII of the Foreign Intelligence Surveillance Act (FISA) until 2026, sending the legislation to President Biden’s desk for a signature. The White House issued a statement in strong support of the legislation, called the Reforming Intelligence and Securing America Act, before it passed the House last week in a 273-147 bipartisan vote.
Federal officials have sued the Sheetz convenience store chain, claiming the company discriminated against job applicants who were Black, Native American and multiracial.[SNIP] “Federal law mandates that employment practices causing a disparate impact because of race or other protected classifications must be shown by the employer to be necessary to ensure the safe and efficient performance of the particular jobs at issue,” EEOC attorney Debra M. Lawrence said in a statement.
“Even when such necessity is proven, the practice remains unlawful if there is an alternative practice available that is comparably effective in achieving the employer’s goals but causes less discriminatory effect,” Lawrence said.
The Biden administration is slated to announce sanctions against the IDF’s Netzah Yehuda battalion for alleged human rights abuses against Palestinians in the West Bank, the Axios news site reported on Saturday. It would be the first time the US has ever taken such a step. The battalion has been at the center of several controversies in the past connected to right-wing extremism and violence against Palestinians, notably including the 2022 death of Omar As’ad, a 78-year-old Palestinian-American who died after being detained, handcuffed, blindfolded, and later abandoned in near-freezing conditions by soldiers of the battalion.
The reported US plan drew a scathing response from Israeli officials
White House Press Secretary Karine Jean-Pierre didn't have the easiest time discussing matters related to Israel during Friday's press briefing, as Spencer covered earlier. When it comes to the related topic of pro-Hamas chants going on across America, Jean-Pierre response on that topic was also lacking, as she brought up the August 2017 "Unite the Right" rally in Charlottesville.At Columbia University this week, pro-Hamas agitators were declaring disturbing statements such as "we are all Hamas" and "long live Hamas" in reference to the October 7 attack that the terrorist group perpetrated against Israel.