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  • Posts

    • Pittsburgh area rail fanning for Drew...     This is exactly what will happen to much of the oil infrastructure in the middle east if the war there gets hot again. Iran will hit the exporting and production capacity of every nation with US bases.   
    • I regret Obama bailing them out at this point, and regret Chrylser getting bailed out in the 80's. The internal corporate culture will never change or adapt at Domestic Car companies/Stallantis. Walked out of a Jazz concert last night and imports outnumbered domestics by 7-8 to 1 or more in the parking lot. And the folks driving domestics were largely over 70. Other than trucks, no one I work with, am in clubs with, at my wife's church, or know socially really drives domestics.  They are really so 2002...or 1982...or 1962. NOT 2032! This fits the broader pattern of the Belt and Road initiative. Everything we spend on war and a military China spends on actual domestic production and foreign development that actually helps people. The world is bypassing the USA, and that rate of bypass will only speed up as time moves forward.  This video shows the changing face of warfare. Our one trillion dollar military is largely obsolete. 
    • From a strictly rational non political standpoint, I would like to find someone in the know to know about demand destruction and how the current political climate will enable China to sell more EV and green energy products.  The straight is not going to re open soon, for Iran the war is existential, for Israel the war is existential, Mirium Addleson donated a ton to trump, Netanyahu also has him by the ball sack. Its $4.99 in Columbus or $4.89 places. As far as I am concerned, it can hit ten bucks a gallon and stay there. I am ready to move on from fossil fuels. We should have done it in '73 and '79 after the oil shocks then. We should have done it robustly in 2008 when Obama was elected. If we are forced painfully into it I am fine with that also.  A death blow that can't come fast enough at this point.  Tesla will spend everything in executive compensation that they should be spending on the next generation of cars. THAT will be a death blow to them. 
    • $4.65/g here in Pittsburgh.  Trump accidentally promoting EVs again.  Even if prices go back down, it is the instability that is the problem. 
    • Not surprised by this and would not be surprised if folks go over into Mexico and try to buy and drive back their Chinese auto. Texas border city is filling up with sleek Chinese cars that are illegal to buy in the United States What surprises me is I missed that Idiot47 has supposedly said if China wants to come in and setup factories and hire Americans, he is all for it. That is pretty much a death blow to American Auto Companies.
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