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Everything posted by G. David Felt
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Industry News: Trump Raises Tariffs on All Mexican Goods
G. David Felt replied to Drew Dowdell's topic in Industry News
OK, the whole showing that some do have cash started with you posting this: I was curious to see who has cash on hand in the Billionaire segment and showed that there are many who have plenty of actual cash on hand rather than just paperwork. -
Industry News: Trump Raises Tariffs on All Mexican Goods
G. David Felt replied to Drew Dowdell's topic in Industry News
I quotes only what the wall street journal, JD Powers and Motley Fool has stated for them. The reason for the investment firm cash position is that is what they quoted in the stories about Billionaires net worth and how Warren Buffett is one of the few if only one that could take an all cash position for his net worth. I posted the link because like you, I would also question where one's net worth is lower than a stated cash position. -
Industry News: Trump Raises Tariffs on All Mexican Goods
G. David Felt replied to Drew Dowdell's topic in Industry News
HELLO McFly, Anyone home? As I stated above, that is his investment firm of which he is the principal and largest shareholder. One could say that he could take his ownership as cash if he wanted too. So that would be $83.46 billion based on the recent chart of Billionaires I posted above. His investment firm is worth far more than that. -
Industry News: Trump Raises Tariffs on All Mexican Goods
G. David Felt replied to Drew Dowdell's topic in Industry News
https://www.fool.com/investing/2017/11/07/warren-buffetts-109-billion-cash-problem-how-much.aspx Warren Buffett has $109 Billion in cash, yes that is his investment firm yet considering how much of it he personally own's, makes him have considerable cash in the bank. Based on this story, Bill Gates had about $4 Billion in cash in banks for quick access if needed. https://blogs.wsj.com/moneybeat/2014/09/19/breaking-down-bill-gatess-wealth/ I would say that the REAL Billionaire's who have no problem being transparent and showing their wealth also have a good amount of cash sitting in banks for access to pay bills. For them $100 bill is like a penny to us. Donald Trump talks as if he is a Billionaire, but reacts like a lying bully that really is living on a shoestring and keeps the masquerade up to fool the ignorant. -
Industry News: Trump Raises Tariffs on All Mexican Goods
G. David Felt replied to Drew Dowdell's topic in Industry News
I doubt he is a billionaire other than on paper as another reason he doesn't want to release his tax returns. He only cares about what people perceive is him, not the real him. Yet it would appear that he is running out of support for Tariffs as Many GOP are not aligning with him about putting tariffs on friends such as Mexico. https://www.msn.com/en-us/news/politics/republicans-threaten-revolt-may-block-trumps-mexico-tariffs/ar-AACoix1?li=BBnb7Kz -
Industry News: Trump Raises Tariffs on All Mexican Goods
G. David Felt replied to Drew Dowdell's topic in Industry News
Hate to correct you, but I know you will respect the FACTS: 0 Personal Bankruptcy 6 Corporate Bankruptcies 1991 Trump Taj Mahal 1992 Trump Castle Hotel & Casino 1992 Trump Plaza Casino 1992 Trump Plaza Hotel 2004 Trump Hotels & Casino Resorts 2006 Trump Entertainment resorts 2009 Trump Entertainment Resorts Why Donald Trump's Companies Went Bankrupt Interesting that the news is showing a record number of Farmers declaring Bankrupt due to the Tariff war. https://www.salon.com/2019/02/13/midwest-farmers-going-broke-at-record-rates-thanks-to-trumps-trade-war/ Trumps Trade War has caused the highest debt and largest percentage ever in Foreclosed and Bankrupt farmers in the last 40 plus years. Over all, I agree that we need to change tactics with countries like China, but the approach of the Art of the Deal is clearly NOT the right approach, Trump appears to be more about the Art of the Steal. This is a fact born of 6 bankruptcy's and taking others money. -
So it was hauling it's worth.
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Chrysler News: FCA-Renault Merger Moves Forward
G. David Felt replied to Drew Dowdell's topic in Chrysler
Socialism is no difference than communism in regards to those wanting to be in power and control all. Let them have their 15% and long term destroy the mess of a company. -
SL550 in front of me on the way home, white, new with paper tag in rear window. Wow does it have a Phat Ass! ??
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According to this announcement, seems GM and Michelin will bring to production airless tires on the Chevrolet Bolt by 2024 and other select models. Michelin and GM bringing airless tires to the road in 2024 http://flip.it/U3B4aE
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Walking to the bus stop, a rare Honda Inspire sedan from Japan licensed in Washington. Right hand drive.
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OK, Then I wonder what the new names will be since they seem to have dropped V-Sport which is what these V editions should be. ? Or are they saying these are the base V engines so then we will have two more levels above, V-Sport and V-Platinum? ?♂️
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Industry News: Trump Raises Tariffs on All Mexican Goods
G. David Felt replied to Drew Dowdell's topic in Industry News
SS and Medicare can and should work if it was not for the Government hacks borrowing against it. It is not much more than a savings account for Americans that pay into it. Reality is the Gov Hacks on both sides of the isle have destroyed the original intent and give it away to every Tom, Dick and Harry from anywhere even when they have not paid into it. This is a sad reality. The rest of the welfare programs I totally agree with you are abusive and not very helpful when woman and men see it as a way to just lay around and not contribute to society.. Those interested in looking at the full 2020 budget report, here is Trumps 2020 Proposed budget: https://www.cbo.gov/system/files/2019-05/55195-APB2020_0.pdf Those interested in the actual 2019 budget in 16 slides now can see it here: https://www.cbo.gov/system/files/2019-03/55013-BudgetSlides2019.pdf Those interested in the Full 2019 budget report can find it here: https://www.cbo.gov/system/files/2019-04/55154-presentation.pdf The only time we were going in the right direction was under President Clinton and the two parties working together for a budget that we lived within and paying down debt. Since then and before then is was a mess that both parties are equally to blame. Based on the budget report we have the following spending for 2019: USA Gov expects to spend $4.746 Trillion this year. 60% will go to pay mandated benefits U.S. debt interest payments - $479 Billion on $22 Trillion debt. This is our FASTEST Growing Federal Expense. Social Security expense will be $1.102 trillion - Currently SS costs are 100% covered by Payroll SS Tax including interest on investments. Medicare expense will be $679 Billion - This is already underfunded, current taxes do not cover all costs. Medicaid expense will be $418 Billion - This is 100% funded by the General fund. Discretionary Spending is where you find Military and Veterans Affairs - Current 2019 Budget is $1.426 trillion $989 Billion is for all Military here and overseas, Homeland Security, State Department and Veterans Affairs of which $576 Billion is focused on Department of Defense. Our Deficit for 2019 $1.101 Trillion - This is the difference between the $4.746 Trillion Spending Budget and the estimated $3.645 trillion revenue. For those that might be interested, the top 10 Presidents with the BIggest Debt Increases based on yearly presidential budgets: If you want to see a well laid out list of Presidential Budget Deficits by Fiscal Year, this site actually did a great job in laying it out in an easy to read manner: https://www.thebalance.com/deficit-by-president-what-budget-deficits-hide-3306151 For those that want TRANSPARENCY, This group was setup to insure folks can easily follow and see what is being spent where in the Government . https://www.usaspending.gov/#/ Excellent Write up on Trumps Tariffs: https://www.forbes.com/sites/phillevy/2018/04/12/trump-tariff-revenue-what-tariff-revenue/#48461893390f -
Chrysler News: FCA-Renault Merger Moves Forward
G. David Felt replied to Drew Dowdell's topic in Chrysler
That is a good question of what the Alphabet soup would look like. Not sure if Renault should come back to the US. Like Alfa and Fiat, they do not have the best reputation here and with the tradewars going on, might be best to invest in the American name plates and grow that business, shutdown AGAIN Fiat and Alfa and focus on profits. -
Right, that is why I can see Cadillac doing the V series as a CT5 V 500, CT5 V 750, CT5 V 1000 The V buyer much like a M or AMG buyer knows the higher the number the higher the performance.
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Yet while it would be cool to have a CT5 V 1000, maybe cause it reminds me of Porsche which I love to beat, that a CT5 V 969 sounds and reads very cool!
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Performance for DUMMIES. That is what I think this change is at Cadillac, my gut tells me this is the last of Johan's changes he was doing. Rather than a V-Sport and V edition auto's. Johan was so in love with his German brands that he wanted a V edition that would then go by numbers. CT4 V = 320hp / 369 lb-ft of torque OR CT4 V = 239 kW / 500 Nm CT5 V = 355hp / 400 lb-ft of torque OR CT5 V = 265 kW / 542 Nm So then would Johan have a CT4 V 500 and CT5 V 542? If CT4 V had a 450/450 TTV8 would it then be a CT4 V 610? If CT5 V had a 640/630 6.2L V8 would it then be a CT5 V 854? I get the idea of simplifying the name with a number that represents a bigger engine. Yet I question if the public is able to adjust to these new numbers and properly understand it or not. ? Wonder if we could have a super CT5 V with the 755/715 V8 Supercharged from the Corvette in the car, that would give us a CT5 V 969! ? Could be covered or purposely left off to not give away the actual HP / lb-ft of the cars. I myself think it would not be bad to have a V series of cars that go by Torque / Newton meters.
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@smk4565 Outstanding read on understanding Torque and Horsepower in laymen terms. https://www.quora.com/What-is-torque-in-terms-of-cars-and-why-is-it-important-in-layman-terms OR this has great visuals to help explain the Torque versus Horsepower too: https://www.quora.com/What-is-the-meaning-of-torque-and-power-in-a-car-in-layman-terms-If-you-say-a-car-has-a-particular-torque-at-3000-rpm-and-power-at-4500rpm-what-does-it-mean Another great way to explain it here: Prepping for the Electric auto world, this is a good overview of Newton-meters: https://www.theunitconverter.com/newton-meter-to-foot-pound-conversion/360-newton-meter-to-foot-pound.html Also excellent conversion chart here where you just enter the figures and have it figure it all out for you. Future is metric man: https://www.metric-conversions.org/energy-and-power/newton-meters-to-kilowatt-hours.htm
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Good Luck, let me know how it goes as I imported, they got alphabetized and all were given grey stars, even after visiting a web site, edge does not seem to pick up that sites unique icon if they have one. Trying to organize them on most popular to least did not work well for me.
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Uber and/or Lyft - experiences, suggestions
G. David Felt replied to trinacriabob's topic in The Lounge
Agree with everything @Drew Dowdell has stated as that has been my experience to date and Dell Tech has gotten us a corporate discount with Uber and they push their employees to use it both personally and for business to save money. With that said, I have also found a private car service if your are a ways out to be cheapest of them all usually scheduled up days in advanced and then I call the day before to confirm a person will be at my house for pickup. For me where I live, private car service is cheaper than Taxi, Uber or Lyft. -
Chrysler News: FCA-Renault Merger Moves Forward
G. David Felt replied to Drew Dowdell's topic in Chrysler
I see nothing stopping this from moving forward into the 3rd largest auto company in the world and hopefully a clean up of brands and the mess they have. Be interesting to see where Nissan stands after this, but my gut tells me the Japanese will be happy to stick with being independant and just co-producing platforms to share costs. ? I wonder if this means "Alfa has a Hemi" Spawn Child style! -
@Drew Dowdell This is a very sharp Riviera with the Turbo V6 1985. http://topclassiccarsforsale.com/buick/112915-1985-buick-riviera-t-type-turbo.html @balthazar Seems this Turbo V6 is the base engine from the Buick GNGX. Online spec is showing: Buick Riviera T Type (aut. 4) , model year 1985, version for North America U.S. (up to November) manufactured by Buick in USA 2-door coupe body type FWD (front-wheel drive), automatic 4-speed gearbox gasoline (petrol) engine with displacement: 3791 cm3 / 231.4 cui, advertised power: 149 kW / 200 hp / 203 PS ( SAE net ), torque: 407 Nm / 300 lb-ft, more data: 1985 Buick Riviera T Type (aut. 4) Horsepower/Torque Curve characteristic dimensions: outside length: 5248 mm / 206.6 in, width: 1796 mm / 70.7 in, wheelbase: 2896 mm / 114 in reference weights: shipping weight 1617 kg / 3564 lbs base curb weight: 1667 kg / 3675 lbs how fast is this car ? top speed: 199 km/h (124 mph) (©theoretical); accelerations: 0- 60 mph 8.7© s; 0- 100 km/h 9.2© s (simulation ©automobile-catalog.com); 1/4 mile drag time (402 m) 16.7© s (simulation ©automobile-catalog.com) 1985 Buick Riviera T Type (aut. 4) Detailed Performance Review fuel consumption and mileage: 19 mpg (U.S.), 12.4 l/100km, 22.8 mpg (imp.), 8.1 km/l EPA combined ratings; average estimated by a-c©: 13 l/100km / 21.6 mpg (imp.) / 18 mpg (U.S.) / 7.7 km/l, more data: 1985 Buick Riviera T Type (aut. 4) Specifications Review https://www.automobile-catalog.com/car/1985/310700/buick_riviera_t_type.html https://www.automobile-catalog.com/make/buick/riviera_6gen/riviera_6gen/1985.html
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I feel that way about Toyota Pickups and VW in general. Bland blah auto's that have not soul.
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Totally get and agree on the interiors, Yet the body does speak to me. Maybe it is the older guy in me over ya young buck! Having that powertrain in the Riviera would have been AWESOME!
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Heading back to Opera or Chrome, not happy with Edge. Seems to not give me the unique icons for my bookmarks. I cannot just drag and drop a tabout of a browser and have it become it's own page like in Opera or Chrome. A bunch of other nuances.