Friday, April 23, 2010
Friday, March 26, 2010
Tuesday, March 16, 2010
The good news that went unreported on air quality.
For a longtime I have wondered how much US air quality has improved since the EPA was started in the 1970 using the same "yardstick". Finally I found it at http://hotair.com
Friday, March 12, 2010
I just watched a Nation Geographic "greenie propaganda" show "A world without oil".
I just watched this blantant greenie propaganda show. The "yuppie" obsession with salad vegetables is hilarious! In makeshift home gardens the potato would rule, not salad greens. If you need to prevent scurvy and get vitamin C germinate grain into "sprouts". Very easy to do at home!
In early WWII England did a lot of this subsistence gardening. Also, with grain, it takes up to ten calories of grain to make one calorie of beef protein. Less for swine and poultry. This is why when grain prices go up meat and poultry prices rise dramatically. Shipments and storage of fresh and frozen meat will be difficult. Also, the US has huge amounts of grain stored in silos. Not all is human consumption grade but that is a subjective judgement. Much of humanity now consumes grain we would consider low grade animal feed.
BTW: During that war fought in the 1940's in black and white those German Nazi enemies fueled their war machine using coal converted to liquid diesel and gasoline engine fuel. South Africa has done this for decades. It's somewhat dirty and it requires crude oil to be over fifty dollars a barrel to make it commercially viable but we are there now. Oh I forgot! The Sierra Club, Al Gore and the EPA do not like this idea! The US has thousands of years of coal when you include the lower grade coal that works well in liquid fuel conversion.
It seemed like the writers of this greenie propaganda were "in bed" with House Speaker Nancy Pelosi. You might recall Pelosi opining that we should replace fossil fuels with Natural Gas. Our version of Marie Antoinette was unaware that Natural Gas is a fossil fuel. In this show we somehow had natural gas but no crude oil. liquid and gaseous petroleum are almost always produced together. The main exceptions are ultra deep wells and horizontal "fracking" of some shale deposits. Both require ultra-high grade steel drill piping. This would be very difficult to manufacture and maintain if we had no liquid oil.
Liquefied coal fuel in this "out of oil" would be dirty and expensive but we still still have a democracy. Greg Lang. Minneapolis, MN, USA
Thursday, November 5, 2009
Gasoline cost is creeping up again.
Today, $2.59 minus six cents for a checking account debit.
Crude up to $80 per barrel.
Tuesday, August 25, 2009
Clunkers money was not taxable income to buyer.
Apparently, the "Clunkers $" is not taxable to purchasers. http://www.kjrh.com/content/financialsurvival/tulsa/story/Is-your-tax-for-clunkers-taxable/-zAJabMtrkiD61y18Ysq2A.cspx .... Mary Kay called to tell us she's curious about the federal program that gives folks up to $4500 when they trade in certain gas guzzling vehicles and buy more efficient ones. She asks, "Is the $4500 Cash For Clunkers voucher a free gift from the government, or will it be considered taxable income at the end of the year? If taxable, folks may want to consider what that $4500 may net them after taxes are paid on it." It's a good question. So we got in touch with the Oklahoma Society of CPAs. I'm told it will not be considered taxable income for the person who buys the car, so they won't be paying any tax on it. But the dealer will be taxed on the cash it receives for those clunkers that are turned in. Afterall, CPAs tell us, the money the government gives to dealers for the cash for clunkers program, is considered taxable income for them, but not for the customer.
Sunday, August 23, 2009
Cash for clunkers: Early on I came close to buying a PT Cruiser.
http://ww2.startribune.com/user_comments/comments.php?d=asset_comments&asset_id=54400982§ion=/business
My newer vehicle is a 2005 Ford Ranger with 18K miles. My "clunker" is a 1993 Chev S-10 4x4 with a max towing package and 177K miles. I could have gotten a 2009 PT Cruiser for $10K even with cash for clunkers. Very tempting. I could have paid for it out of savings. My brother, who is a very good mechanic talked me out of it. He says that mechanically the S-10 is very good and I think he likes having the "max towing" package available.
I read that of the 700,000 cars sold, analyst estimated that 200,000 were "disgressionary" buyers, basically people who have money because they didn't spent it. I'm one and love a bargain but with 18K miles on the Ranger I don't need a new vehicle.
Basically, if we are to do a "cash for clunkers" program the goal should be to "shake the money out from "under the mattresses" so to speak. I would specify that there could be no leases or loan liens on the new vehicles. I would also specify that the current owner must keep the vehicle for a period of three years or more with an early sale pro-rated at (let's say) $100 per month. The only exception to this would be a sale due to the death or disability of the owner resulting in permanent loss of driver's licence. ........
First the no loans or lease. Many people have a lot of debt. Admittedly with "clunkers" discount there is a lot less repo loss but debt or lease is still a debt obligation. A lot of the "savers" have money "in the bank/under the mattress". This is the money a stimulus program should be flushing out. I give the $100 per month penalty for early sale to avoid the "resale loophole" that seemed to exist with the current program. Many of the buyers under my scheme would be elderly so the exclusion for death or medically related drivers licence surrender would reassure them. I would exclude a repay exemption for sale after a licence revocation caused by a DUI or other traffic offenses or non-driving related imprisonment.
How come I can figure this out and those Washington lawmakers and bureaucrats can't?
....I will cross post at my http://fourfiftygas.com
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