Escape From Peoria
This blog is an eclectic assortment of monologs that will hopefully become dialogs, at the very least. Diverse topics such as politics, religion, various modes of inebriation and gastronomy, art, music, and travel will be common themes.
Saturday, December 29, 2012
The Best Laid Schemes of Mice and Men
Friday, December 28, 2012
"The thing that's so great about Miami, is that it's so close to the United States."
What I'm Doing Instead of Packing
Wednesday, December 26, 2012
Back in the Saddle Again...Going Where I've Never Been
Wednesday, September 24, 2008
FBI probing Fannie…
FBI probing Fannie…
http://www.reuters.com/article/fundsFundsNews/idUSN2341763520080924
The beginning of the most apropos headline Reuters has ever published. In an effort to simplify the
Democrat, Republican, Communist, or Libertarian, $700 billion is plenty to go around, and that is just the bailout. What effects will this have on the credit crunch, the GDP, the stock and bond markets? None. Well, not none, just none that will be noticeable. For example, most
The Chinese and Japanese are going to shit, because they’ll be sitting on over $1 trillion in
Additionally, much like when
Last, but not least, Fannie and Freddie officers fucked up. If they had worked at Enron, charges would be pressed, and they would be found guilty. So where’s the problem? Nail their asses to the proverbial wall. Yeah, right, it’ll never happen. Why? Because, the two companies exist in order to keep the market stable, and so people feel comfortable in mortgage-based securities. If you indict the leadership, who will you get to run it in the future, and it will be run in the future. For years, private companies have wanted to compete with the two Macs, but the special tax treatments have left the two Macs nearly without competition. Why? Who has it benefited?
In short, please buckle your seatbelts, put your seat backs and tray tables in their upright and locked position, it’s about to get a little bumpy.
Sunday, September 21, 2008
No loan for you!
If we assume the Fiesta has a 11.9-gallon tank at a national average of $4.02 per gallon, it would be $47.84 for a full tank of diesel. (DOE 2008) That tank will yield 773.5 miles. In comparison, the Toyota Prius Hybrid gets around 47 mpg, at a national average of $3.84, and the tank is 11.9 gallons for a cost of $45.70. (Edmunds.com 2008) That tank costs $2.14 less, but loses 221 miles per tank.
Based on the demand for the Prius in the U.S., I feel reasonably confident Ford could make the Fiesta work in this market.
Department of Energy. Gasoline and Diesel Fuel Update as of 15 September 2008. Retrieved on 16 September 2008, from the World Wide Web: http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp
Edmunds.com. 2008 Toyota Prius Base Model. (2008). Retrieved on 16 September 2008, from the World Wide Web: http://www.edmunds.com/new/2008/toyota/prius/100920099/researchlanding.html
Kiley, David. Business Week. The 65 mpg Ford the U.S. Can’t Have. (2008). Retrieved on 16 September 2008, from the World Wide Web: http://www.businessweek.com/magazine/content/08_37/b4099060491065.htm?chan=rss_topStories_ssi_5
Wednesday, July 9, 2008
Enough With the Drilling Talk Already
Offshore oil drilling in the
In an effort to skip the middle part of the process, namely ruining the environment in order to put a Band-Aid on a wound that had better be long since healed, let’s skip to the end and reduce tax income. I know the government does not need to lose tax income, but isn’t a year or five worth of subsidies better than the long term damage that will be wrought by an “environmental accident”.
Here is my proposition, starting with the 2009 auto year, the first car manufacturer to field an entire line of electric, hybrid, or high-efficiency cars and trucks will be allowed to write off all U.S. federal and state income tax from the sale of these products and the licensing of their technologies to other companies in the following tax year. A product line is being roughly defined as the entire product offerings for retail sale, encompassing at least five styles: coupe, sedan, pickup truck, SUV/cross-over (or comparable), and one that is the company’s prerogative. None of the gasoline-powered vehicles can have less than 85 miles per gallon to qualify, while electric and hybrid must have a range of 400 miles, and no other vehicles may be sold. Additionally, consumers will be able to take a deduction on the sales tax from purchasing these vehicles.
This program will last five years, each year a different measurement will be used to determine the car company that has done the most to further the effort. For example, the 2010 product lines could be judged based on average efficiency for the total product line, and by the 2013 lines, it could be the first company to use only renewable energy sources. The key here is to create S.M.A.R.T. (specific, measurable, achievable, realistic, and timely) goals and incentives for the automotive manufactures, foreign and domestic. Additionally, by making the sales tax, tax deductible, the price comes down and the units sold will go up. Within the five years, an estimated 85% of the cars on the road would be high efficiency vehicles that will not necessarily require a completely new infrastructure immediately. However, if hydrogen stations are needed, for example, the savings on income tax will generate the funding necessary to make it happen. The results will be cleaner air, a safer environment, and a cultural shift in our dependency on oil.
Now seriously, is that so hard?