Car Company Gets U.S. Loan, Builds Cars In Finland

| Tuesday, December 20, 2011 | 0 comments |

Update: Fisker Karma Electric Car Gets Worse Mileage Than an SUV...

by Warren Meyer

The Fisker Karma electric car, developed mainly with your tax money so that a bunch of rich VC’s wouldn’t have to risk any real money, has rolled out with an nominal EPA MPGe of 52 in all electric mode (we will ignore the gasoline engine for this analysis).

Not bad?  Unfortunately, it’s a sham.  This figure is calculated using the grossly flawed EPA process that substantially underestimates the amount of fossil fuels required to power the electric car, as I showed in great depth in an earlier article.  In short, the EPA methodology leaves out, among other things, the conversion efficiency in generating the electricity from fossil fuels in the first place [by assuming perfect conversion of the potential energy in the fuel to electricity, the EPA is actually breaking the 2nd law of thermodynamics].

In the Clinton administration, the Department of Energy (DOE) created a far superior well to wheels MPGe metric that honestly compares the typical fossil fuel use of an electric vs. gasoline car, using real-world power plant efficiencies and fuel mixes to figure out how much fuel is used to produce the electricity that goes into the electric car.

As I calculated in my earlier Forbes article, one needs to multiply the EPA MPGe by .365 to get a number that truly compares fossil fuel use of an electric car with a traditional gasoline engine car on an apples to apples basis.  In the case of the Fisker Karma, we get a true MPGe of 19.  This makes it worse than even the city rating of a Ford Explorer SUV.


US Debt Visualized

| Tuesday, December 13, 2011 | 0 comments |
One Hundred Dollars
$100 - Most counterfeited money denomination in the world.

Keeps the world moving.

Ten Thousand Dollars
$10,000 - Enough for a great vacation or to buy a used car.
Approximately one year of work for the average human on earth.

One Million Dollars
$1,000,000 - Not as big of a pile as you thought, huh?
Still this is 92 years of work for the average human on earth.

One Hundred Million Dollars
$100,000,000 - Plenty to go around for everyone.
Fits nicely on an ISO / Military standard sized pallet.

One Billion Dollars
$1,000,000,000 - You will need some help when robbing the bank.
Now we are getting serious!

One Trillion Dollars
$1,000,000,000,000 - When the U.S government speaks about a 1.7 trillion deficit - this is the volumes of cash the U.S. Government borrowed in 2010 to run itself.
 Keep in mind it is double stacked pallets of $100 million dollars each, full of $100 dollar bills. You are going to need a lot of trucks to freight this around. If you spent $1 million a day since Jesus was born, you would have not spent $1 trillion by now...but ~$700 billion - same amount the banks got during bailout.

One Trillion Dollars
Comparison of $1,000,000,000,000 dollars to a standard sized American Football field and European Football field.
Say hello to the Boeing 747-400 transcontinental airliner that's hiding on the right. This was until recently the biggest passenger plane in the world.

15 Trillion Dollars
$15,000,000,000,000- Unless the U.S. government fixes the budget, US national debt (credit card bill) will topple 15 trillion by Christmas 2011.
 The Statue of Liberty seems rather worried as United States national debt passes 20% of the entire world's combined GDP (Gross Domestic Product). 
In 2011 the National Debt will exceed 100% of GDP, and venture into the 100%+ debt-to-GDP ratio that the European PIIGS have (bankrupting nations).

114.5 Trillion Dollars
$114,500,000,000,000 - US unfunded liabilities.
To the right you can see the pillar of cold hard $100 bills that dwarfs the 
WTC & Empire State Building - both at one point the world's tallest buildings.
 If you look carefully you can see the Statue of Liberty.
The 114.5 Trillion dollar super-skyscraper is the amount of money the U.S. Government 
knows it does not have to fully fund the Medicare, Medicare Prescription Drug Program, 
Social Security, Military and civil servant pensions. It is the money the USA knows it will not 
have to pay all its bills.
If you live in the USA, this is also your personal credit card bill; you are responsible along with 
everyone else to pay this back. The citizens of the USA created the U.S. Government to serve
 them, this is what the U.S. Government has done while serving The People.
The unfunded liability is calculated on current tax and funding inputs, and future demographic 
shifts in US Population.
Note: On the above 114.5T image the size of the base of the money pile is half a trillion, not 1T as on the 15T image. 
The height is double. This was done to reflect the base of Empire State and WTC more closely.
Everyone needs to see this.
Source: Federal Reserve & - visit it to see the debt in real time and get a better grasp of this amazing number.

Economic Freedom of North America

| Tuesday, December 6, 2011 | 0 comments |
Economic Freedom of North America is an attempt to gauge the extent of the restrictions on economic freedom imposed by governments in North America. The index published here measures economic freedom at two levels, the subnational and the all-government. At the subnational level, it measures the impact on economic freedom of provincial and municipal governments in Canada and of state and local governments in the United States. At the all-government level, it measures the impact of all levels of government—federal, provincial/state, and municipal/local—in Canada and the United States. All 10 provinces and 50 states are included.

Say Merry Christmas! (No More Politically Correct BS!)

| Sunday, December 4, 2011 | 0 comments |
Watch the whole video to see where it's going...

Protester defaces U.S. flag as Democrats celebrate Communism

| Thursday, December 1, 2011 | 0 comments |
by Robert Moon

The violent, degenerate lawlessness of the left's fake union rent-a-mobs (see here, here and here) hysterically rioting against Wall Street all across the country have not been enough to deter the Democratic Party from enthusiastically endorsing their openly Communist agenda any more than their bigoted racial attacks on anyone who dares to support the free market and the Constitution.

And neither has the fact that this entire Astro-turf "movement" is based on two outrageous partisan lies--one about why the economy tanked in the first place and the other about how much "the rich" (those who create all the jobs in this country) pay in taxes, compared to everyone else. But you would think that once they began defecating on police cars and even U.S. flags (see photo), Democrats in office would at least temporarily put the slobbering love affair on hold.

You would be mistaken. When Democrat power is on the line, there is nothing these "post-partisan" champions of "civility" and "tolerance" won't throw under the bus. Nothing.

Unions, Hollywood celebrities, the "news media" and even elected Democrats including Obama and Pelosi continue not only defending, lying for and publicly embracing these tantrum-throwing Marxist fanatics, but now they are even calling them "patriotic" and organizing petitions to support them.

Leftist mobs rioting in the streets against job-creators for daring to succeed and make money. Welcome to "the change we need."