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The GM VOLT! $41,000 For A 40-Mile Car! YOU SUCKERS READY TO BITE?

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Palin'sAbortion

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Jul 28, 2010, 2:52:01 PM7/28/10
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Let's see, a trip from Washington, D.C., to Orlando, strictly on
electric power, will require ONE WEEK! But that includes just
recharging of the battery.

Including layovers, rest and eating -- allow TWO FULL weeks.

Face it folks, electric cars are no more than fads for the rich at
this point in time.

Tom Hanks will have to have his Volt recharged twice just to get down
his driveway to the Interstate.

For we ordinary motorists, the technology is years off.

In fact, we might be cited in alt.obituaries before we can buy one
that's meant for driving as we know it.


----------------------------
"GM Volt's price induces some sticker shock"

By Peter Whoriskey
The Washington Post
Wednesday, July 28, 2010; A10


The long-anticipated Chevrolet Volt, General Motors' electric car,
will cost $41,000, the company announced Tuesday, leaving consumers to
decide whether its environmental appeal is worth a price far above
that of similarly sized conventional autos.

Electric-car technology has been around for years, but the high cost
to make the vehicles has prevented automakers from producing them for
the mass market. The price announcements for the Volt and its electric
rival, the Nissan Leaf, have been highly anticipated as a result.
Nissan, the only other major manufacturer expected to bring such a
vehicle to market this year, said the Leaf will cost $32,780.

GM and Nissan are relying on a $7,500 federal tax credit for buyers of
electric vehicles to offset some of the added cost, and they're hoping
that the allure of their novel power source will make up the rest.

"The Volt is a game-changing product," said Tony Posawatz, GM's
vehicle line director for the Volt, which is expected to hit showrooms
in November 2011.

(Photos: 2010 International Auto Show)

Although the prices are high, enthusiasts say that electric cars can
reach a large, untapped market for vehicles with little or no tailpipe
emissions.

The Volt can travel 40 miles on its battery charge and an additional
340 miles on a gasoline-powered generator. The all-electric Leaf has a
range of 100 miles.

During the 2008 presidential campaign, then-Sen. Barack Obama pledged
to put 1 million plug-in vehicles on the road by 2015.

But some analysts said they doubt that electric cars can reach a broad
audience in the near term. Hybrid cars took about eight years to reach
the million-unit sales mark in the United States, according to Energy
Department figures.

"I'm not sure the Volt is going to be a volume vehicle," said George
Magliano, director of automotive industry forecasting for North
America at IHS Global Insight. "The technology still isn't there to
make them cheap. At the end of the day, the consumer pays a hefty
premium to make a statement."

To move the industry along and bolster U.S. manufacturing, the Obama
administration has put its weight, and billions of dollars, behind an
effort to develop electric cars and batteries in the United States.

In developing the Volt, GM is seeking to fulfill its promise to
Congress during the government bailout to move beyond gas-guzzlers.
The company had been planning the Volt long before it neared
bankruptcy last year, however, as an attempt to leapfrog Toyota in the
quest for fuel-efficient vehicles.

The president has expressed optimism that automakers will be able to
lower the price tag of electric-vehicle technology. Earlier this
month, he suggested that major reductions in battery costs, one of the
primary reasons electric cars are more expensive, are on the horizon.

"Because of advances in the manufacturing, [battery] costs are
expected to come down by nearly 70 percent in the next few years,"
Obama said at the site of a planned battery factory in Michigan.
"That's going to make electric and hybrid cars and trucks more
affordable for more Americans."

Both the Volt and the Leaf will cost considerably more than rival
gasoline-powered compact sedans, such as the Honda Civic or the Ford
Focus, each of which costs under $20,000.

Price is only one potential barrier to mass adoption, however.

Consumers must also get accustomed to plugging the cars in at home. It
takes hours to recharge the vehicles, and in the absence of a network
of public recharging stations, drivers that run out of juice may need
a tow truck.

Both Nissan and GM are planning relatively low production levels at
first, especially compared with the more than 11 million vehicles
expected to be sold nationwide next year.

GM plans to produce 10,000 Volts next year, and 30,000 in 2012,
company officials have said. Nissan has indicated that it will sell
about 25,000 Leafs in the United States next year.

(U.S. government borrowing is $1.4 trillion this year - could buy
36,750,000 volts or ...)

As the only two major manufacturers preparing to mass-produce cars
that can run on batteries, GM and Nissan are engaged in a debate over
price and capability.

On purchase price, the Leaf is significantly less, though the leasing
prices are very similar. The Volt will also be available by lease with
a monthly payment of $350 for 36 months and $2,500 due at signing, the
company said.

"The Chevrolet Volt will be the best vehicle in its class . . .
because it's in a class by itself," said Joel Ewanick, vice president
of U.S. marketing for GM. "No other automaker offers an electrically
driven vehicle that can be your everyday driver, to take you wherever,
whenever."

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/27/AR2010072705834.html

Daniel who wants to know

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Jul 28, 2010, 3:34:10 PM7/28/10
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"Palin'sAbortion" <kin...@yahoo.com> wrote in message
news:10c4e920-8fca-453c...@c10g2000yqi.googlegroups.com...

> Let's see, a trip from Washington, D.C., to Orlando, strictly on
> electric power, will require ONE WEEK! But that includes just
> recharging of the battery.
>
> Including layovers, rest and eating -- allow TWO FULL weeks.
>
> Face it folks, electric cars are no more than fads for the rich at
> this point in time.
>
> Tom Hanks will have to have his Volt recharged twice just to get down
> his driveway to the Interstate.
>
> For we ordinary motorists, the technology is years off.
>
> In fact, we might be cited in alt.obituaries before we can buy one
> that's meant for driving as we know it.
>

Apparently you missed the fact that the Volt is a Serial PHEV (plug-in
hybrid electric vehicle) NOT a BEV (battery electric vehicle) when the HV
battery is depleted to 40% SoC (from what I have heard) the gas engine
starts and supplies the electricity needed to power the motor. This is per
the SAE


J. Fartlington Poopnagel

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Jul 28, 2010, 3:43:40 PM7/28/10
to
Goodbye to those $40/hour UAW car production line jobs tightening
bolts and taking breaks every two hours!

But does McDonald's have 15 million U.S. jobs for our erstwhile middle
class dumb'uns?

Even Barack's brilliant administration can't put factories back
together again!

------------------------
"The job machine grinds to a halt"


Op-Ed
By Harold Meyerson
Wednesday, July 28, 2010; A15

AIN'T NO HIRING. And ain't likely to be any for a good long time.

The problem isn't merely the greatest downturn since the Great
Depression. It's also that big business has found a way to make big
money without restoring the jobs it cut the past two years, or
increasing its investments or even its sales, at least domestically.

In the mildly halcyon days before the 2008 crash, the one economic
outlier was wages. Profit, revenue and GDP all increased; only
ordinary Americans' incomes lagged behind. Today, wages are still
down, employment remains low and sales revenue isn't up much, either.
But profits are the outlier. They're positively soaring.

Among the 175 companies in the Standard & Poor's 500-stock index that
have released their second-quarter reports, the New York Times
reported Sunday, revenue rose by a tidy 6.9 percent, but profits
soared by a stunning 42.3 percent. Profits, that is, are increasing
seven times faster than revenue. The mind, as it should, boggles.

How can America's corporations so defy gravity? Ever adaptive, they
have evolved a business model that enables them to make money even
while the strapped American consumer has cut back on purchasing. For
one thing, they are increasingly selling and producing overseas.
General Motors is going like gangbusters in China, where it now sells
more cars than it does in the United States. In China, GM employs
32,000 assembly-line workers; that's just 20,000 fewer than the number
of such workers it has in the States. And those American workers
aren't making what they used to; new hires get $14 an hour, roughly
half of what veterans pull down.

The GM model typifies that of post-crash American business: massive
layoffs, productivity increases, wage reductions (due in part to the
weakness of unions), and reduced sales at home; increased hiring and
booming sales abroad. Another part of that model is cash retention. A
Federal Reserve report last month estimated that American corporations
are sitting on a record $1.8 trillion in cash reserves. As a share of
corporate assets, that's the highest level since 1964.

Why invest in new plants, offices and workers, particularly here at
home? Spooked by the 2008 crash, corporations want to keep more money
under the mattress. More important, they're sitting pretty as profits
rise.

Is this model sustainable? It's hard to say -- a double-dip recession
could plunge their profits yet again. But from the American worker's
perspective, the model, no less than a new downturn, is an unqualified
disaster. It portends the kind of long-term, structural unemployment
that we haven't seen since the 1930s. It locks into place a generation
of reduced incomes.

This dystopian America already stares us in the face. Fully 46 percent
of the unemployed have been without work for six months or more -- the
highest level since the Bureau of Labor Statistics began measuring
such things in 1947. Two years ago, just 18 percent of the unemployed
were jobless for more than six months. America's private-sector job
machine -- the marvel of the world since 1940 -- has clanged to a
halt, and there's no place for it in corporations' new business model.

The restoration of American prosperity, then, isn't likely to be
driven by our corporate sector. Across-the-board business tax cuts
make no sense when business is already sitting on oceans of cash.
Targeted tax cuts and credits for strategic investment and hiring
within the United States, on the other hand, make excellent sense. The
Obama administration has proposed expanding the tax credit for the
manufacture of green technology here at home, and congressional
Democrats will soon unveil legislation creating further incentives for
domestic manufacturing.

Another source of jobs would be public, and public-private, investment
in infrastructure. As Michael Lind and Sherle Schwenninger of the New
America Foundation have argued, building a new American infrastructure
of roads, rail and broadband is not only an economic necessity but
also the investment with the highest multiplier effect in creating new
jobs. A U.S. infrastructure investment bank, such as that proposed by
Rep. Rosa DeLauro (D-Conn.), could leverage significant private
capital to begin America's rebuilding, though the idea has encountered
rough sledding in (surprise) the Senate.

What won't work as an economic solution -- indeed, it amounts to cruel
and unusual punishment -- is blaming the unemployed for their failure
to find jobs. There are now roughly five unemployed Americans for
every open job, according to the Economic Policy Institute's most
recent calculations, and that ratio isn't likely to decline much if we
leave it to the corporate sector to resume hiring. Corporations have
figured out a way to make money without resuming hiring. Their model
is premised on not resuming hiring. If the public sector doesn't fill
the gap, the era of American prosperity is history.

[meye...@washpost.com]

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/27/AR2010072704791.html

Tom

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Jul 28, 2010, 5:58:37 PM7/28/10
to

"J. Fartlington Poopnagel" <perry...@hotmail.com> wrote in message
news:f8b2a035-c3ff-4d94...@q35g2000yqn.googlegroups.com...


> Goodbye to those $40/hour UAW car production line jobs tightening
> bolts and taking breaks every two hours!
>
> But does McDonald's have 15 million U.S. jobs for our erstwhile middle
> class dumb'uns?


I guess that leaves you out, people that comment on others that are
dumb'uns are usually dumber than that. Just remember someone is always
smarter that you. dumb is as dumb does or says.

Tom

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Jul 28, 2010, 6:16:04 PM7/28/10
to

"J. Fartlington Poopnagel" <perry...@hotmail.com> wrote in message
news:f8b2a035-c3ff-4d94...@q35g2000yqn.googlegroups.com...

> Goodbye to those $40/hour UAW car production line jobs tightening
> bolts and taking breaks every two hours!
>
> But does McDonald's have 15 million U.S. jobs for our erstwhile middle
> class dumb'uns?

You shouldn't comment on something you know absolutely nothing about makes
you look
like on of those dumb'uns.

Michael Coburn

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Jul 28, 2010, 6:54:33 PM7/28/10
to
On Wed, 28 Jul 2010 12:43:40 -0700, J. Fartlington Poopnagel wrote an off
topic subject line which I have corrected:

Say, Thank You Mikee....., Mr. Poopnagel.

--
"Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60

Canuck57

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Jul 28, 2010, 10:13:12 PM7/28/10
to

But the engine can't deliver full power to the electric motors so sooner
or later th etop speed will drop big time. I hear this is under 50mph.

Fancy over priced golf cart with part time charger built in.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

Canuck57

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Jul 28, 2010, 10:16:16 PM7/28/10
to

Socialism and marxism is about bringing everyone down to the lowest
common denominator, poverty add taxation servitude. See Cuba and
Venzuela for some examples. But isn't going to stop Obama/democrats
from trying.

On 28/07/2010 1:43 PM, J. Fartlington Poopnagel wrote:
> Goodbye to those $40/hour UAW car production line jobs tightening
> bolts and taking breaks every two hours!
>
> But does McDonald's have 15 million U.S. jobs for our erstwhile middle
> class dumb'uns?
>
> Even Barack's brilliant administration can't put factories back
> together again!
>
> ------------------------
> "The job machine grinds to a halt"
>
>
> Op-Ed
> By Harold Meyerson
> Wednesday, July 28, 2010; A15
>
>
>
>
>
> AIN'T NO HIRING. And ain't likely to be any for a good long time.
>
> The problem isn't merely the greatest downturn since the Great
> Depression. It's also that big business has found a way to make big
> money without restoring the jobs it cut the past two years, or
> increasing its investments or even its sales, at least domestically.
>
> In the mildly halcyon days before the 2008 crash, the one economic
> outlier was wages. Profit, revenue and GDP all increased; only
> ordinary Americans' incomes lagged behind. Today, wages are still
> down, employment remains low and sales revenue isn't up much, either.
> But profits are the outlier. They're positively soaring.
>

> Among the 175 companies in the Standard& Poor's 500-stock index that

Bill

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Jul 28, 2010, 10:21:39 PM7/28/10
to
Now who would be opposed to electric vehicles?

Hummm...

Oil companies perhaps?

And who all trashed the electric street cars in Los Angeles in the 1940's?
http://en.wikipedia.org/wiki/Great_American_streetcar_scandal


rlbell...@gmail.com

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Jul 29, 2010, 2:38:22 AM7/29/10
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On Jul 28, 8:21 pm, "Bill" <billnomailnosp...@yahoo.com> wrote:
> Now who would be opposed to electric vehicles?
>
> Hummm...
>
> Oil companies perhaps?
>


Car buyers are the people who have the strongest opposition to
electric vehicles. Until such time as they make an electric/hybrid
minivan with a range of up to 200 miles, an electric/hybrid car is a
useless luxury for me and my family.

PeterD

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Jul 29, 2010, 7:13:34 AM7/29/10
to
On Wed, 28 Jul 2010 20:16:16 -0600, Canuck57 <Canu...@nospam.com>
wrote:

>
>Socialism and marxism is about bringing everyone down to the lowest
>common denominator, poverty add taxation servitude. See Cuba and
>Venzuela for some examples. But isn't going to stop Obama/democrats
>from trying.
>
>

Don't forget Burma, and North Korea too...

Canuck57

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Jul 29, 2010, 8:51:41 AM7/29/10
to

Yep, lots of examples. Even Iceland tried to create money to pay debt
and basically went bankrupt. Just ike the democriters are doing now in
congress.

--
Marxism and socialism, leveling the field to the common denominator of
poverty.
China is now more capitalistic than USA...no wonder they are doing well.

Message has been deleted

Clive

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Jul 29, 2010, 11:08:19 AM7/29/10
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In message <yPe4o.48094$0A5....@newsfe22.iad>, Canuck57
<Canu...@nospam.com> writes

>Yep, lots of examples. Even Iceland tried to create money to pay debt
>and basically went bankrupt. Just ike the democriters are doing now in
>congress.
For an American you're very knowledgeable, albeit wrong.
Iceland, effectively went bankrupt and just refused to pay out, now want
to join the EU. They've been told that they have to pay their debts
first which it appears, will be rejected at a referendum, hence they
don't get to join.
--
Clive

Michael Coburn

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Jul 29, 2010, 11:42:46 AM7/29/10
to
On Thu, 29 Jul 2010 06:51:41 -0600, Canuck57 wrote:

> On 29/07/2010 5:13 AM, PeterD wrote:
>> On Wed, 28 Jul 2010 20:16:16 -0600, Canuck57<Canu...@nospam.com>
>> wrote:
>>
>>
>>> Socialism and marxism is about bringing everyone down to the lowest
>>> common denominator, poverty add taxation servitude. See Cuba and
>>> Venzuela for some examples. But isn't going to stop Obama/democrats
>>>from trying.
>>>
>>>
>>>
>> Don't forget Burma, and North Korea too...
>
> Yep, lots of examples. Even Iceland tried to create money to pay debt
> and basically went bankrupt. Just ike the democriters are doing now in
> congress.

The "Democrats in congress" are doing what must be done to keep this
nation from being in a depression. The creation of ridiculous amounts of
credit (that is what money is) was performed by the wild ass Republican
uncontrolled private sector and the decision was made to bail it out
instead of accepting a depression. At this point the dollar should be
devalued to reflect the bailouts. That _should_ happen as the Fed funds
the treasury directly to provide more stimulus. We NEED inflatuion and
WE can cause it.

Edmond H. Wollmann

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Jul 29, 2010, 11:32:57 PM7/29/10
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Subject: Re: The GM VOLT! $41,000 For A 40-Mile Car! YOU SUCKERS
READY TO BITE?
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On Jul 29, 8:11 am, "Edmond H. Wollmann" <arcturian...@earthlink.net>
wrote:
> "Palin'sAbortion" <kink...@yahoo.com> wrote in message
>
> news:10c4e920-8fca-453c...@c10g2000yqi.googlegroups.com...
>


> > Let's see, a trip from Washington, D.C., to Orlando, strictly on
> > electric power, will require ONE WEEK!  But that includes just
> > recharging of the battery.
>
> > Including layovers, rest and eating -- allow TWO FULL weeks.
>
> > Face it folks, electric cars are no more than fads for the rich at
> > this point in time.
>

> You dipshits used to call this own shit a 90mph car, See, I told American
> retards a few years ago that it should have been called a 35mile car, a
> 40-mile car sounds near correct.  Still life is too complex, you don't want
> to risk your life with a limited vehicle because when you need to make a
> move, this shit will frustrate you and cripple you from making a move to get
> going.
>
> Gas is so convenient to find, it doesn't limit your travel at all, all you
> have to do is to make it efficient.  50mpg is easy to make from conventional
> design, I've been using it for 3-4 years now.

Edmond H. Wollmann P.M.A.F.A.
© 2010 Altair Publications, SAN 299-5603
Astrological Consulting http://www.astroconsulting.com/
Academic http://www.astroconsulting.com/SDSU
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Peter Hill

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Jul 30, 2010, 12:43:04 PM7/30/10
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On Wed, 28 Jul 2010 12:43:40 -0700 (PDT), "J. Fartlington Poopnagel"
<perry...@hotmail.com> wrote:

<snip load of unrelated rubbish>

Exactly what did you have to contribute to a discussion about Electric
vehicles?

And why didn't you direct your rant at the Democrats too? I'm sure
they were party to the ills of the world just as much as the
Republicans.
--
Peter Hill
Spamtrap reply domain as per NNTP-Posting-Host in header
Can of worms - what every fisherman wants.
Can of worms - what every PC owner gets!

Canuck57

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Jul 30, 2010, 7:54:34 PM7/30/10
to

And can't join the EU as no one wants their debt. Hurts them
economically, and a generation or two will learn the hard way.

But remember how Iceland went down, creating ponzi money and debt, just
like the USA. There hits a tipping point where it all goes to hell.

And for imports, they must pay in foreign currency as theirs isn't worth
the paper it is printed on.

--
We are all self-made, but only the rich will admit it.

Canuck57

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Jul 30, 2010, 7:56:44 PM7/30/10
to

Don't worry, governmetn has assured inflation will strike hard. But
first, a little recession to add to the depression, you could see
pricing implosion first. The numbers I see right nwo indicate the US
economy is nose diving again.

Michael Coburn

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Jul 30, 2010, 11:04:17 PM7/30/10
to

If they are paying in euros then they are already paying in foreign
currency. It is assumed by this particular "ignorant" American that the
member counties of the euro zone all use a "foreign currency" called the
euro. The euro is the currency of the eurobankers and it is controlled
only by the eurobankers. It's like "fake gold".

Michael Coburn

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Jul 30, 2010, 11:12:28 PM7/30/10
to

It won't take long to fix it if the Fed does its actual job and stops
pissing around. The assholes stopped the QE stuff even though
unemployment was not easing. The Federal reserve is supposed to balance
its fear of imaginary inflation with the real problem of unemployment. We
need money injected into the BOTTOM of the economy and that _WILL_ cause
a certain amount of inflation. The secret to getting people with money
to invest that money is to have a decent inflation rate that is
significantly higher than the return to government backed securities.
Where the hell the Fed gets off paying the banks to store money at the
Fed is a very valid question. If the banks want to get income then they
should damned well LEND. And if they can't lend because no one wants to
borrow then we don't need no stinkin' banks. And they can all go tits up.

Clive

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Jul 31, 2010, 4:56:20 AM7/31/10
to
In message <i303r...@news4.newsguy.com>, Michael Coburn
<mik...@verizon.net> writes

>If they are paying in euros then they are already paying in foreign
>currency. It is assumed by this particular "ignorant" American that the
>member counties of the euro zone all use a "foreign currency" called the
>euro. The euro is the currency of the eurobankers and it is controlled
>only by the eurobankers. It's like "fake gold".
It is "coin of the realm" in which ever country it's used in. I keep
some incase I travel at all, it's just as genuine as Sterling is to me
and Dollars are to you.
--
Clive

hls

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Jul 31, 2010, 10:31:11 AM7/31/10
to

"Clive" <cl...@yewbank.demon.co.uk> wrote in message They've been told
that they have to pay their debts
> first which it appears, will be rejected at a referendum, hence they don't
> get to join.
> --
> Clive

And, not being allowed to join the EU might actually be a gift from God.

rlbell...@gmail.com

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Aug 1, 2010, 2:57:22 PM8/1/10
to
On Jul 30, 9:12 pm, Michael Coburn <mik...@verizon.net> wrote:

> It won't take long to fix it if the Fed does its actual job and stops
> pissing around.  The assholes stopped the QE stuff even though
> unemployment was not easing.  The Federal reserve is supposed to balance
> its fear of imaginary inflation with the real problem of unemployment. We
> need money injected into the BOTTOM of the economy and that _WILL_ cause
> a certain amount of inflation.  The secret to getting people with money
> to invest that money is to have a decent inflation rate that is
> significantly higher than the return to government backed securities.  
> Where the hell the Fed gets off paying the banks to store money at the
> Fed is a very valid question.  If the banks want to get income then they
> should damned well LEND.  And if they can't lend because no one wants to
> borrow then we don't need no stinkin' banks.  And they can all go tits up.
>

The problem with that is if the return on government backed securities
is below the rate of inflation of the US dollar, there is a strong
incentive to abandon using the US dollar as a reserve currency. With
sovereign wealth funds shifting away from the dollar, the only way to
finance the gap between federal taxation and federal spending is by
inflating the currency. The return on government backed securities
has to exceed inflation to keep organizations fronting the money to
float the debt. By keeping the yield high, relative to inflation, the
federal government can borrow back the trade deficit to finance the
government deficit. The US has the structural problems of heading
towards a greek-style debt crisis, but with no group of nations having
enough money to bail it out. High yields on treasury bills will
extend the amount of time before The Reckoning that finally forces the
government to only spend what it collects in taxes (the forced
elimination of the welfare state).

Michael Coburn

unread,
Aug 1, 2010, 10:32:24 PM8/1/10
to
On Sun, 01 Aug 2010 11:57:22 -0700, rlbell...@gmail.com wrote:

> On Jul 30, 9:12 pm, Michael Coburn <mik...@verizon.net> wrote:
>

>> [quoted text muted]


> The problem with that is if the return on government backed securities
> is below the rate of inflation of the US dollar, there is a strong
> incentive to abandon using the US dollar as a reserve currency.

Oh how I wish there was a gradual way to do that. Right now the phrase
"moderate inflation" seem to be a unicorn. But In the real world,
America will have big problems if it can't get off of the oil teat. That
is the _ONLY_ real problem.

> With
> sovereign wealth funds shifting away from the dollar, the only way to
> finance the gap between federal taxation and federal spending is by
> inflating the currency.

Good idea.

> The return on government backed securities has
> to exceed inflation to keep organizations fronting the money to float
> the debt.

That is not actually true. It really depends on _All_ the options.
Right now the dollar is losing value and the euro regaining value. But
we need more of it. We need more inflation than what we currently have.

> By keeping the yield high, relative to inflation, the federal
> government can borrow back the trade deficit to finance the government
> deficit.

Why do you think that the Fed or the Treasury needs to borrow what it can
print or what it can tax for?

> The US has the structural problems of heading towards a
> greek-style debt crisis, but with no group of nations having enough
> money to bail it out.

That is actually hilarious. A nation that prints its own money and whose
debt is DEFINED in its own money, cannot EVER have a "greek-style" debt
crises. There are other dangers but a "greek-style" debt crises is
certainly not among them.

> High yields on treasury bills will extend the
> amount of time before The Reckoning that finally forces the government
> to only spend what it collects in taxes (the forced elimination of the
> welfare state).

BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!

There is no reason to borrow. There has been no reason for it since
1973. What should have been happening over the last 30 years was the
creation of a system in which government must tax money back out of the
economy or risk extreme currency devaluation and inflation. There should
be no borrowing.

As far as ending the welfare state, idiot. The current SS and Medicare
systems aren't the problem, and if they are then the solution is going to
be insurance premium increases (FICA and MEDICARE are insurance
premiums). The problem causing the deficits is too much military crap
and insufficient taxation of the people that _WANT_ imperialism.

Edmond H. Wollmann

unread,
Aug 3, 2010, 2:02:10 AM8/3/10
to

"Palin'sAbortion" <kin...@yahoo.com> wrote in message
news:10c4e920-8fca-453c...@c10g2000yqi.googlegroups.com...


Only dumb and stupid American suckers would fall into this shitty vehicle.

Just look at your Forklift and hybrid vehicles, all batteries have 4-5 yr
life span.

Not worth $41K, $14K should be appropriate, it's called inconvenient car.
You still have to pay a lot of money on Electricity bill. It would suck
like your Oven 3,500 - 4500 watt for 3-4 hour charges..

I know all about Heavy duty battery, so beware suckers. This will drag down
your power line if more suckers buy this shit.

Bjorn

unread,
Aug 3, 2010, 5:50:29 AM8/3/10
to
On 30 Juli, 23:54, Canuck57 <Canuc...@nospam.com> wrote:
> On 29/07/2010 9:08 AM, Clive wrote:
>
> > In message <yPe4o.48094$0A5.14...@newsfe22.iad>, Canuck57
> > <Canuc...@nospam.com> writes

http://en.wikipedia.org/wiki/Accession_of_Iceland_to_the_European_Union

Edmond H. Wollmann

unread,
Aug 3, 2010, 12:00:02 PM8/3/10
to

"Canuck57 Sucks" <Canuck...@nospam.com> wrote a piece of shit
news:Tv54o.50383$Ls1....@newsfe11.iad...

Socialist or not, I love it, why? Because it's good to punish the cheating
Republican from robbing our moneys through Scamming investment, Scamming
Short of Power, Scamming Stock market etc..


Edmond H. Wollmann

unread,
Aug 3, 2010, 12:02:12 PM8/3/10
to

"Canuck57" <Canu...@nospam.com> wrote in message
news:yPe4o.48094$0A5....@newsfe22.iad...

Socialist or not, I love it, why? Because it's good to punish the cheating
Republican from robbing our moneys through their Scamming investment 401K,

Scamming Short of Power, Scamming Stock market etc..

Let the cheaters pay high bills to compensate for the past wrong. American
is down today because of
them...Yet...Them...them..them.....Dumb......Dumb......Dumb......Dumb...Rightards.......Heehee.........

Edmond H. Wollmann

unread,
Aug 3, 2010, 12:02:51 PM8/3/10
to

"Michael Coburn" <mik...@verizon.net> wrote in message
news:i303r...@news4.newsguy.com...

Socialist or not, I love it, why? Because it's good to punish the cheating

Edmond H. Wollmann

unread,
Aug 4, 2010, 5:15:12 PM8/4/10
to ab...@pacwest.net
Forger and fraud

NetRange 66.53.25.0 - 66.53.25.255
CIDR 66.53.25.0/24

Name PWT-LSVG-3887
Handle NET-66-53-25-0-1
Parent MDSG-PACWEST-2BLK (NET-66-52-0-0-1)


Net Type Reassigned
Origin AS
Nameservers

Organization PAC-WEST MANAGED MODEM NAS POOL (PMMNP)
Registration Date 2005-03-15
Last Updated 2005-03-15
Comments

NNTP-Posting-Date: Tue, 03 Aug 2010 11:03:19 -0500


From: "Edmond H. Wollmann" <arcturian...@earthlink.net>
Newsgroups:

alt.autos.gm,alt.autos.nissan,sci.energy,alt.energy.automobile
References: <10c4e920-8fca-453c-
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$1...@news.eternal-september.org><f8b2a035-c3ff-4d94-9b54-
bc4694...@q35g2000yqn.googlegroups.com><Tv54o.
50383$Ls1....@newsfe11.iad><iho256tc25og60p11...@4ax.com><yPe4o.
48094$0A5....@newsfe22.iad>
<XyZvsiIj...@yewbank.demon.co.uk><3DJ4o.
30132$Zp1....@newsfe15.iad> <i303r...@news4.newsguy.com>


Subject: Re: The GM VOLT! $41,000 For A 40-Mile Car! YOU SUCKERS READY
TO BITE?

Date: Tue, 3 Aug 2010 09:02:51 -0700


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On Aug 3, 9:02 am, "Edmond H. Wollmann" <arcturian...@earthlink.net>
wrote:


> "Michael Coburn" <mik...@verizon.net> wrote in message
>
> news:i303r...@news4.newsguy.com...
>
>
>
>
>
> > On Fri, 30 Jul 2010 17:54:34 -0600, Canuck57 wrote:
>
> >> On 29/07/2010 9:08 AM, Clive wrote:

> >>> In message <yPe4o.48094$0A5.14...@newsfe22.iad>, Canuck57
> >>> <Canuc...@nospam.com> writes


> >>>> Yep, lots of examples. Even Iceland tried to create money to pay debt
> >>>> and basically went bankrupt. Just ike the democriters are doing now in
> >>>> congress.
> >>> For an American you're very knowledgeable, albeit wrong. Iceland,
> >>> effectively went bankrupt and just refused to pay out, now want to join
> >>> the EU. They've been told that they have to pay their debts first which
> >>> it appears, will be rejected at a referendum, hence they don't get to
> >>> join.
>
> >> And can't join the EU as no one wants their debt.  Hurts them
> >> economically, and a generation or two will learn the hard way.
>
> >> But remember how Iceland went down, creating ponzi money and debt, just
> >> like the USA.  There hits a tipping point where it all goes to hell.
>
> >> And for imports, they must pay in foreign currency as theirs isn't worth
> >> the paper it is printed on.
>
> > If they are paying in euros then they are already paying in foreign
> > currency.  It is assumed by this particular "ignorant" American that the
> > member counties of the euro zone all use a "foreign currency" called the
> > euro.  The euro is the currency of the eurobankers and it is controlled
> > only by the eurobankers.  It's like "fake gold".
>
> > --

> > "Senate rules don't trump the Constitution" --http://GreaterVoice.org/60


>
> Socialist or not, I love it, why? Because it's good to punish the cheating
> Republican from robbing our moneys through their Scamming investment 401K,
> Scamming Short of Power, Scamming Stock market etc..
>
> Let the cheaters pay high bills to compensate for the past wrong.  American
> is down today because of

> them...Yet...Them...them..them.....Dumb......Dumb......Dumb......Dumb...Rig­htards.......Heehee.........- Hide quoted text -
>
> - Show quoted text -

Edmond H. Wollmann P.M.A.F.A.
(c) 2010 Altair Publications, SAN 299-5603
The Sun http://www.edmondwollmann.com/
Consulting http://www.astroconsulting.com/
Gallery http://www.e-wollmann.com/

Jeffy

unread,
Aug 4, 2010, 7:44:23 PM8/4/10
to
On 04 Aug 2010, "Edmond H. Wollmann" <arctur...@earthlink.net> posted
some
news:421d4b8a-c294-45f9...@w15g2000pro.googlegroups.com:

> Forger and fraud


>
>> - Show quoted text -
>

http://www.smbtech.com/ed

That links got some mighty fine quoting at it!

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