Daily Archives: December 29, 2010

Waking Up Is Hard To Do

A little parody I stumbled across, dedicated to congresscritter Blumenauer

Congressman Blumenauer, if your idea of “end of life counseling” is so beneficial, why sneak and hide slipping it back in, after national outrage against it?

You were elected to “Represent,” not “Dictate.” If you are unable to “Represent,” then “Resign!” Let Oregonians find someone who will.

Tell ’em where you saw it. Http://www.victoriataft.com

Pete the Banker: Gubmint Motors’ ChevyVolt = Cash for Clunkers 3.0 (Psst:Your Mileage May Vary)

It certainly now looks like the fix was in when the Chevy Volt was named “Motor Trend Car of the Year.” Collective guffaws were heard in many quarters especially when the government motors touted the car as the virtual vehicle version of the perpetual motion machine. As Motor Trend cooed: “The Chevy Volt earns the coveted Motor Trend Magazine “Car of the Year” award” and Chevy boasted, “Powered by electricity without being tethered to electrical outlets, the Volt does everything a great car does and, according to Motor Trend, better than any other.”
And check out that mileage! Wow! The equivalent of 93 miles per gallon! That’s not just good, that’s AMAZING! And as it turns out, untrue. Put another way: YOUR mileage may vary. See that EPA fuel economy sticker for the hybrid Volt trumpeting 93 mpg equivalent (here)?  Read the fine print.  There seems to be more than a “little” deception by GM and the EPA in calculating the fuel efficiency of the Chevrolet Volt.  Is this really truth in advertising? 
Is the EPA culpable in deceiving the public by approving this Volt mileage sticker?  Is this just another example of the Administration’s effort to mandate a green political agenda through government owned General Motors and sustained by deceptive advertising?  

I’m a banker and I run numbers all the time, so I decided to do a few calculations on the Volt.  
By my calculations if the range of the vehicle is 344 miles on a full tank of gas and it gets 37 mpg in gas only mode then the tank will hold 9.3 gallons.  Now if the Electric/Gas MPG equivalent is 93 mpg then a 9.3 gal tank X 93 equals a range of 865 miles.  Deducting the gas only range of 344 miles from 865 leaves 521 miles assigned to the electric operation only.  The sticker suggests the maximum range of the electric battery before recharge is 35 miles, so dividing 521 miles by 35 miles means one has to recharge the battery ~ 14 times per tank of gas to achieve 93 mpg.  Each charge takes 4 hours so for example that trip from here to LA (~870 miles) at around 60 mph will take about 14 hours of drive time and 56 hours of battery charge time if you wish to achieve the published fuel efficiency.  
But taking it one step farther, if the gas range is 344 miles and one electric charge adds an additional 35 miles, the total range on one electric/gas refill is 379 miles yielding an actual mileage efficiency based on one each gas stop and electrical charge of 40.75 mpg, far less than the published 93 mpg shown on the proposed EPA approved sticker. 
   

The Volt may be fuel efficient, but not all that fuel efficient and it isn’t particularly time efficient!  I guess if one plans to achieve maximum fuel efficiency, one simply has to plan on sticking around home like in the good old days, say around 800 AD, when people seldom ventured down the road more than 30 miles to the neighboring village.  Hanging out at the village square; very progressive!  It congers of images of Vikings sacking the French villages and villagers fleeing the hordes of attackers in their fuel efficient, horse power wagons.
Edmunds weighs in (here) with accolades and skepticism:

“… you can’t measure the Volt’s fuel economy in any standard fashion. It all depends on how you drive. Suppose you have a 20-mile round-trip commute, and you plug in your Volt every night when you get home (a full charge requires as few as 3 hours). Congratulations! Your fuel economy is infinity, because you’ll never run the battery pack down all the way. But if you have a 100-mile commute, you’ll be driving at least 60 miles a day under gasoline power, so you’ll have to refuel on a regular basis. And in an Edmunds fuel economy test of a Volt with its battery depleted, the car returned only 31.4 mpg in mixed driving. That’s far below the typical fuel economy provided by regular hybrid vehicles.

 In other words: your mileage may vary. If you drive a far as Fred Flintstone you’ll be fine. If you go for the long haul you might as well stick with your sedan or ?  The Chevy Volt apparently lends a new meaning to the term being “plugged in”.  It seems to me, however, that for the estimated $40,000+ price tag on the Volt, one might want to spend a little less time fettered by an electrical socket.  Is GM’s assertion that a Volt owner isn’t tethered accurate?  No. 
Pete the Banker

Tell ’em where you saw it. Http://www.victoriataft.com

Washington Ecology Dept Joins Enviros in Suing to Stop Coal Depot in Longview. But There’s More!

I don’t have a lot of time to spend on this except to say that it raised my eyebrows a little when I saw this story here that the Washington State Department of Ecology is suing to stop a coal depot in Longview, joining the rest of the far left enviro groups in opposing it. 
Are they mining for coal around Cowlitz County? No. Are they polluting the Columbia with coal in Cowlitz County? No. 
The Dept of Ecology wants to know the environmental impact on WHERE. THE. COAL. IS. GOING. 
And where is this coal, mined in Wyoming and Montana, going?

China.

In the original complaint, the coalition claimed the permit for the facility did not consider the greenhouse gas impacts of burning coal in Asia, the effects of increasing a demand for U.S. coal, and the emissions and environmental impacts associated with transporting the coal.

Nice photo, Lynn Topinka!
This coalition of the usual enviro left includes Earthjustice, the Washington Environmental Council and The Sierra Club , Climate Solutions and Columbia Riverkeeper. They’re going to the Shores Council to appeal the Cowlitz County Commissioner’s decision recently to approve the 416 acrew project “asserting the facility would threaten public health and runs counter to state efforts to curb greenhouse gas emissions.”  In fact, they want to stop any fuel that would create ANY environmental impact ANYWHERE in the world. 

In their own ‘news’ article here they say they don’t want to see any outsourcing of fossil fuels to any country because it’s, “offshoring carbon.”

“…isn’t it hypocrisy of the highest order for Northwest states to cover themselves in green, campaign to close coal-burning plants in the region and encourage renewable energy use while at the same time enabling companies to ship fossil fuels overseas so that it can be used to pollute the atmosphere on the other side of the world? Where is the line drawn between private enterprise, economic development, the public interest and environmental responsibility?”

Earth Justice thinks it’s their call. Not yours. 

“Cowlitz County Board Chair George Raiter last month welcomed the project and the 70 jobs it’s expected to bring to Longview: “If I were to choose an expansion of jobs in this county, I’d choose all those great high-tech companies. But they’re not here. These people are here and personally I’m happy to see someone come in and develop that site, clean it up and start creating some more jobs for our citizens here.” Cowlitz County has one of the highest unemployment rates in Washington at 11 percent.”

And remember, these guys want the environmental impact of the transporting of the coal to be burned in China  included in the state and local reports:

Coalition member Washington Environmental Council adds, “The coal shipped through this one facility [and used in China] would create more emissions [in China] than the entire city of Seattle [if it were burned there but it’s not] and more than any single facility in the state [if it were burned there but it’s not]. Is this the kind of future we want for our region? [sending coal we won’t burn to other areas that will burn it?] We need to decide – other coal companies are already lining up with their own proposals [to send coal somewhere else to be burned].”

So let me see if I have this straight: We can’t transport coal. We can’t distribute it. We can’t export it. We can’t import it. We can’t burn it. So why mine it? Exactly.
Tell ’em where you saw it. Http://www.victoriataft.com

Waking Up Is Hard To Do

A little parody I stumbled across, dedicated to congresscritter Blumenauer

Congressman Blumenauer, if your idea of “end of life counseling” is so beneficial, why sneak and hide slipping it back in, after national outrage against it?

You were elected to “Represent,” not “Dictate.” If you are unable to “Represent,” then “Resign!” Let Oregonians find someone who will.

Tell ’em where you saw it. Http://www.victoriataft.com

Pay Attention Oregon

From the column entitled, “Government Killed California,” found here. 
From 1900 to 1910, her population grew by an astounding 60.1 percent, according to the Census Bureau. In the remaining decades of the 20th century, it grew by 44.1 percent, 65.7 percent, 21.7 percent, 53.3 percent, 48.5 percent. 27.0 percent, 18.6 percent, 25.7 percent and 13.8 percent.
After each Census, California won additional seats in the U.S. House of Representatives and gained greater influence over the nation’s political destiny.
Then came the population count of 2010. Last week, the Census Bureau announced that for the first time since California became a state in 1850, it would gain no additional seats in the House.
Over the past decade, it turns out, next-door Nevada enjoyed the largest percentage population gain of any state, growing by 35 percent — perhaps because it is the nearest place Californians can flee.
Who killed the California dream? 

Politicians did — specifically, politicians who pushed a vision of big government that called for redistributing wealth and rewarding indigence while penalizing the hard work and calculated risk-taking that marked Californians of generations past.
In October, the Tax Foundation rated all 50 states by how their tax climate treated business. California ranked 49th. Only New York rated worst. The foundation also judged that California had the 48th worst individual income tax system and the 49th worst sales tax system.

Oregon is well on its way to becoming Californicated. Stop spending and fleecing your citizens, welcome business, stop wasting taxpayer dollars chasing businesses you have no expertise in, get government out of the way and watch the prosperity happen. 
Then remember this lesson and don’t let it happen again. 

Tell ’em where you saw it. Http://www.victoriataft.com

Washington Ecology Dept Joins Enviros in Suing to Stop Coal Depot in Longview. But There’s More!

I don’t have a lot of time to spend on this except to say that it raised my eyebrows a little when I saw this story here that the Washington State Department of Ecology is suing to stop a coal depot in Longview, joining the rest of the far left enviro groups in opposing it. 
Are they mining for coal around Cowlitz County? No. Are they polluting the Columbia with coal in Cowlitz County? No. 
The Dept of Ecology wants to know the environmental impact on WHERE. THE. COAL. IS. GOING. 
And where is this coal, mined in Wyoming and Montana, going?

China.

In the original complaint, the coalition claimed the permit for the facility did not consider the greenhouse gas impacts of burning coal in Asia, the effects of increasing a demand for U.S. coal, and the emissions and environmental impacts associated with transporting the coal.

Nice photo, Lynn Topinka!
This coalition of the usual enviro left includes Earthjustice, the Washington Environmental Council and The Sierra Club , Climate Solutions and Columbia Riverkeeper. They’re going to the Shores Council to appeal the Cowlitz County Commissioner’s decision recently to approve the 416 acrew project “asserting the facility would threaten public health and runs counter to state efforts to curb greenhouse gas emissions.”  In fact, they want to stop any fuel that would create ANY environmental impact ANYWHERE in the world. 

In their own ‘news’ article here they say they don’t want to see any outsourcing of fossil fuels to any country because it’s, “offshoring carbon.”

“…isn’t it hypocrisy of the highest order for Northwest states to cover themselves in green, campaign to close coal-burning plants in the region and encourage renewable energy use while at the same time enabling companies to ship fossil fuels overseas so that it can be used to pollute the atmosphere on the other side of the world? Where is the line drawn between private enterprise, economic development, the public interest and environmental responsibility?”

Earth Justice thinks it’s their call. Not yours. 

“Cowlitz County Board Chair George Raiter last month welcomed the project and the 70 jobs it’s expected to bring to Longview: “If I were to choose an expansion of jobs in this county, I’d choose all those great high-tech companies. But they’re not here. These people are here and personally I’m happy to see someone come in and develop that site, clean it up and start creating some more jobs for our citizens here.” Cowlitz County has one of the highest unemployment rates in Washington at 11 percent.”

And remember, these guys want the environmental impact of the transporting of the coal to be burned in China  included in the state and local reports:

Coalition member Washington Environmental Council adds, “The coal shipped through this one facility [and used in China] would create more emissions [in China] than the entire city of Seattle [if it were burned there but it’s not] and more than any single facility in the state [if it were burned there but it’s not]. Is this the kind of future we want for our region? [sending coal we won’t burn to other areas that will burn it?] We need to decide – other coal companies are already lining up with their own proposals [to send coal somewhere else to be burned].”

So let me see if I have this straight: We can’t transport coal. We can’t distribute it. We can’t export it. We can’t import it. We can’t burn it. So why mine it? Exactly.
Tell ’em where you saw it. Http://www.victoriataft.com

Pay Attention Oregon

From the column entitled, “Government Killed California,” found here. 
From 1900 to 1910, her population grew by an astounding 60.1 percent, according to the Census Bureau. In the remaining decades of the 20th century, it grew by 44.1 percent, 65.7 percent, 21.7 percent, 53.3 percent, 48.5 percent. 27.0 percent, 18.6 percent, 25.7 percent and 13.8 percent.
After each Census, California won additional seats in the U.S. House of Representatives and gained greater influence over the nation’s political destiny.
Then came the population count of 2010. Last week, the Census Bureau announced that for the first time since California became a state in 1850, it would gain no additional seats in the House.
Over the past decade, it turns out, next-door Nevada enjoyed the largest percentage population gain of any state, growing by 35 percent — perhaps because it is the nearest place Californians can flee.
Who killed the California dream? 

Politicians did — specifically, politicians who pushed a vision of big government that called for redistributing wealth and rewarding indigence while penalizing the hard work and calculated risk-taking that marked Californians of generations past.
In October, the Tax Foundation rated all 50 states by how their tax climate treated business. California ranked 49th. Only New York rated worst. The foundation also judged that California had the 48th worst individual income tax system and the 49th worst sales tax system.

Oregon is well on its way to becoming Californicated. Stop spending and fleecing your citizens, welcome business, stop wasting taxpayer dollars chasing businesses you have no expertise in, get government out of the way and watch the prosperity happen. 
Then remember this lesson and don’t let it happen again. 

Tell ’em where you saw it. Http://www.victoriataft.com

Who’s More Clueless, Oprah or Joe Biden?

 If we ever needed more proof of just how clueless the left in America is, these two noted individuals, TV personality Oprah Winfrey and career politician Joe Biden show us beyond any shadow of doubt that they remain completely detached from reality.

Oprah was interviewed recently by Parade magazine, mostly on her soon to be launched TV Network. After the usual gushing praise and butt-kissing, readers were treated to the following little exchange.

Can I ask about President Obama? Are you concerned, disappointed?
“No. I think that no one understands until you’ve been in that seat the enormous pressure to please and satisfy everybody. And I think instead of being grateful for where we are and what he has done, we’ve forgotten that we were on the brink of a depression when he took over this office. And as everybody celebrates the holiday season and sits around with their families, regardless of your circumstance, we could’ve had breadlines. How soon we forget that.”

Depression? Breadlines, Oprah?

Just this morning, an email arrived in my inbox from barackobama.com with the name of Joe Biden attached. He chimes in much like Oprah did.

“ I’ve been in Washington for almost 40 years. I’ve seen a lot of Congresses come and go. But I can’t remember a group of lawmakers who accomplished more than the folks who just wrapped up their work.”

“With their help, we repealed “Don’t Ask, Don’t Tell” and ratified the START arms control treaty. We passed a new law to rein in the abuses on Wall Street and protect consumers. We reformed the health care system and passed the Recovery Act to get our economy growing again.”

“Two years ago, we were staring into an abyss. The financial crisis was the worst this country has faced since the Great Depression.

“But this Congress passed the largest set of tax cuts for the middle class since President Reagan, the largest education reform since President Johnson, the largest infrastructure investment since President Eisenhower, and the largest clean-energy bill ever.”

“Now — even though we still have a ways to go — the economy is growing again.”

When Democrats took control of Congress, unemployment was 4.6%. When Obama took office unemployment was at 7.7%. November 2010 unemployment is 9.8%.

http://www.bls.gov/cps/prev_yrs.htm

We also see that the 111th Congress Added More Debt Than First 100 Congresses Combined.

According to Rasmussen Reports for December 28, 2010, “28% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as president. Thirty-nine percent (39%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -11.”

Just prior to the mid-term elections, the Washington Post said about the Democrat Speaker of the House, “Nancy Pelosi (D-Calif.) heads into the midterm elections less popular among U.S. voters than at any other time in her historic tenure.”

Voters turned Democrats out of the House in near historic proportions, setting up this lame duck congress that just rammed some of the worst legislation we have seen down the country’s throats.

Joe Biden is moderately wealthy, but has lifetime benefits we can only dream of from his career in government, all paid by the taxpayers.

Oprah is wealthy beyond anyone’s wildest dreams as well. They are insulated from the actual suffering of the masses they try to convince how much better off they are.

Neither seems prepared to “redistribute their wealth,” but are only too ready to redistribute someone else’s.

If Oprah has breadlines on her mind, it must be from visions of her staring in a remake of the late 1930’s depression era book and later propaganda movie, the Grapes of Wrath, A John Steinbeck story about “a poor family of sharecroppers driven from their Oklahoma home by drought, economic hardship, and changes in financial and agricultural industries. Due to their nearly hopeless situation and in part because they were trapped in the Dust Bowl, the Joads set out for California. Along with thousands of other “Okies,” they sought jobs, land, dignity and a future.”

And who comes to their rescue? Government!

Of the story, Steinbeck is quoted as saying, “”I want to put a tag of shame on the greedy bastards who are responsible for this [the Great Depression and its effects].”

Sounds very familiar to me.

Sounds too like the breadlines are more a possibility now than I’ve seen in my entire adult life.

Obviously, Oprah and Biden have completely detached themselves from the reality of what is happening in America.

What would we do without wealthy Democrats, wallowing in their own wealth and greed, telling us we are too stupid to know how much better off we have it with ever increasing taxes, unemployment and strapping future generations with unimaginable debt?

Tell ’em where you saw it. Http://www.victoriataft.com