Friday, November 8, 2024
Electric carmaker Lucid books nearly $1 billion net loss in 3Q, hopes to produce 9,000 vehicles by the end of 2024 vs. 8,428 in 2023
Well whoop-de-do!
They're flying off the shelf lol.
Lucid Group stock ended 2020 at about ten bucks a share, popped above $50 a couple of times in 2021, and is now worth $2.30 lol.
The company’s net loss for the third quarter widened to $992.5 million. That compares to a loss of $630.9 million a year earlier.
Lucid CEO Peter Rawlinson described the quarter as a “landmark” for
the company, citing record deliveries of 2,781 units as well as
cost-cutting measures. He also noted that the company hit financial and
production targets. ...
The company reaffirmed plans to produce roughly 9,000 vehicles this year, which would mark a 6.8% increase compared to 8,428 units in 2023. ...
Lucid’s stock has been under pressure this year amid widening losses, slower-than-expected sales and significant cash burn.
More.
Bigshots at FBI fear firing bloodbath from Donald Trump
The rats prepare to jump ship.
According to most of the sources, no one in the FBI at a GS-14 level or higher is safe from losing their job after Mr. Trump is sworn in, and they fully expect the president-elect to “smash the place to pieces when he gets in,” and that it will be a “bloodbath.”
Former FBI whistleblower George Hill told The Washington Times that people in the agency say the current state of the FBI is “frazzled.”
“I have friends still at the Bureau telling me that no less than 50 Senior Executives (SES) are scrambling to retire ASAP,” he said.
More.
Thursday, November 7, 2024
Republicans to retake Michigan State House from Democrats, ending 2022 absolute hegemony over state government
The Detroit News has Republicans with 57 seats so far in the Michigan State House, Democrats with 45, 8 undecided.
Even if all the undecided go Democrat, that's a 4-seat majority for the Republicans.
I predicted Trump 316-222, it turned out Trump 312-226
My gut told me Minnesota for Trump was wrong, but I went with it based on what turned out to be a poll reporting error. And I couldn't believe the polling in Nevada which favored Trump, but that turned out to be right.
In the end I missed it by that much.
Stellantis-owned Jeep's US sales are down 34% since 2018, now cuts Jeep Gladiator production after ending internal combustion Renegade and iconic Cherokee
The electric vehicle idiots running this company into the ground should all be fired. Just build reliable combustion engine SUVs people can afford and don't start on fire while parked in the garage.
How hard can it be?
Reported here in September:
Jeep’s U.S. sales have plummeted 34% from an all-time high of more than 973,000 SUVs sold in 2018 to less than 643,000 units last year. While most auto brands increased sales last year, Jeep was off by about 6%.
The most recent declines follow the company ending production last year of the entry-level Renegade and the Cherokee compact SUV — two mainstream models with peak U.S. sales of around 300,000 units annually from 2016 to 2019. ...
Jeep also is attempting to increase the quality and reliability of its vehicles, which have historically ranked below average in third-party rankings. ... Jeep on Monday confirmed it is cooperating with U.S. auto safety regulators on an investigation into more than 781,000 newer Jeep Wrangler and Gladiator SUVs after reports of underhood fires.
Reported here yesterday:
Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.
The company, which has been battling high inventory levels and lower earnings this year, said the decision at its Toledo South Assembly Plant to cut production to one shift will better align output with demand of the Jeep Gladiator pickup — the factory’s sole product.
Wednesday, November 6, 2024
LOL, Politico's John Harris says Trump's success is built on a movement of contempt for people in the media like himself
It's about THEMSELVES, you see, not about the issues, about mere ephemera, not about real things. The narcissism is absolutely amazing.
He misunderstands that the contempt is just a twofer:
People are drawn to Trump and the contempt he expresses toward his
opponents, especially liberal politicians and the news media, precisely
because of the contempt he draws in return. This is the through line of
his politics.
Monday, November 4, 2024
A US serviceman hurt while building Joe Biden's failed Gaza Hamas-aid pier has died of his injuries
Joe's administration began with the deaths of US soldiers in the ignominious Afghanistan withdrawal, and ends with the death of a US soldier in the ignominious attempt to help the enemy which attacked America's ally Israel on October 7, 2023.
I wonder if Kamala can think of anything now that she would change.
Sunday, November 3, 2024
75+ million votes already cast
Nearly half of 2020's electorate have already cast ballots in 2024
Around 100 million people voted early, either in person or via mail, in 2020. ... Of those who have cast their vote so far in states that report party registration data, Democrats hold a slight lead — 37.9% to 36.2% — per [University of Florida Election Lab's] count.
Hear me now and believe me later
Here's my forecast. Harris by 1 in NV, by 3 in NH. Trump by 2 in AZ and NC, by 1 in MN WI MI PA and GA.
Saturday, November 2, 2024
Ford Motor F-150 Lightning EV pick-em-up-truck sales are a JOKE, and the mainstream media propaganda stories don't tell you that, if they cover the story at all
Ford sold 7,162 units of the Lightning in Q3 2024, up from the 3,503 units in Q3 of last year. ... Year-to-date, Ford sold 22,807 F-150 Lightning EVs. ...
[22,807 units lol. Ford sold nearly 751,000 F-series pick up trucks in 2023, so that's like 3% of the 2023 total]
Overall, Ford’s all-electric vehicle sales in the third quarter of this year amounted to 23,509 units, up 12.2% from last year’s 20,962 vehicles. Year-to-date, Ford sold 67,689 EVs, up 45% compared to last year’s 46,671 units. ...
Ford sold 432,429 combustion-powered vehicles in the third quarter, down 2.8% year-over-year, and 1,340,139 units year-to-date, down 1.8% year-over-year.
Reported here.
That means year-to-date total EV sales are just 5.05% of total combustion-powered vehicle sales year to date.
People aren't buying these dogs.
None of these stories mention these facts.
CBS: Ford to pause production of F-150 Lightning electric pickup trucks
CNBC: Ford to halt production of electric F-150 Lightning next month until January
MarketWatch: Ford to Pause Production of F-150 Lightning EV Pickup Trucks
Reuters, to it's credit actually reported some actual numbers: Ford to halt production of F-150 Lightning EV pickup trucks for six weeks :
Ford
said this month its Ford-brand U.S. EV sales are up 45% this year and
sales of F-150 Lightning more than doubled to 7,100 in the three months
ending Sept. 30 - thought [sic] they still represent just 3.6% of all F-Series
pickup sales.
If Ford is smart it will abandon this boondoggle which is going to cost it $5 billion plus in 2024 and even more going forward and just stick with hybrids and hope Donald Trump fixes this mess.
When California's not the worst, New York is: Department of Conservation seizes man's rescue animals, Peanut the Squirrel and Fred the Raccoon, and euthanizes them
Because some asshole complained.
People have been complaining for what seems like forever about all the diseased illegals flooding the country, but the Feds and the state of New York don't check them, now do they?
TMZ.
Orphaned squirrel who became social media star was euthanized after being seized from home
Joe Biden's National Security Adviser Jake Sullivan is married to this woman, Maggie Goodlander, who is running for the US House in New Hampshire District 2, except she doesn't really live in it
Goodlander's home is currently out of district in Portsmouth and she is worth a lot of money, with median estimated assets of $24 million.
She's renting an apartment in the congressional district in Nashua in order to qualify to run and is being called a carpetbagger. She was born and raised in Nashua, however.
The Republican has median estimated assets of $6.3 million and isn't exactly a native of the district. She has resided in the district since sometime after 2016 when she ran for US Senate from Colorado as a Libertarian Party candidate.
She really lets Goodlander have it, though, for pretending to understand the problems of middle class people, and of using her wealth to take an apartment away from somebody poorer and more deserving during a period when housing is very unaffordable just so she can run for this seat.
She has a point.
Meanwhile Goodlander is a dyed in the wool progressive with deep connections to people like Merrick Garland and Stephen Breyer, and of course Jake.
Here.
Friday, November 1, 2024
Stocks remain wildly overvalued and seriously underperforming
The S&P 500 averaged 5,792.32 in October 2024 (the all-time high was on 10/18 at 5,864.67).
Nominal GDP was updated on Oct 30th at
Gold hit new record $2,790.15 this week before closing at $2,736.28 today
Spot gold fell 0.2% to $2,736.28 per ounce. Prices fell 1.5% on Thursday as some traders took profit after bullion hit a record high of $2,790.15.
More.
Remember when Drudge falsely told people the "feds" said stop taking baby aspirin to prevent heart attack and stroke in October 2021?
No, Joe Biden, it's not illegal to shout "Fire!" in a crowded theatre.
But it is irresponsible, just like this.
See, it's not just me
I hardly cover it anymore because I'd have to rebut almost every Drudge headline. That's boring, and a full time job without pay.
Just 49.7% had a full-time job in October 2024 vs. 50.3% in Oct 2023 and 50.1% in Oct 2022
Just one percentage point of current civilian population is 2.69 million full time jobs.
The trend is worryingly down for the middle class, which needs full-time jobs in order to buy homes.
The percent working full time in Jun 2023 almost but not quite beat the high under Trump of 50.98% in the summer of 2019, but that was 16 months ago.
The Jan 2024 low was lower than the Jan 2023 low, too.
NOT GOOD.
Better save your pennies.
12,000 jobs in October 2024 for Biden-Harris is almost as bad as zero jobs in August 2011 for Obama-Biden
Revisions to total nonfarm subtracted 112,000 jobs for August and September, too.
Thursday, October 31, 2024
Democrats sound the dog-whistle to legal and illegal aliens to go vote, Chinese non-citizen shows them all how to commit vote fraud at a polling place in Michigan
The Chinese man – a student at the University of Michigan – cast his ballot on Sunday and then reached out to local election officials later that day in an attempt to get the ballot back, according to a source familiar with the situation.
The man registered to vote at the polling place on Sunday, the source said. He used his university ID and other documents to demonstrate his residency in Ann Arbor while filling out a same-day voter registration forms, the source said. The Detroit News first reported the details. ...
WELL WHY WOULD HE DO THAT?
He's the sacrificial lamb, that's why.
All he risks is deportation for committing perjury and vote fraud. But there are millions of people here right now who should be deported for breaking the immigration law but Democrats won't enforce that law.
That's what's going on here: Don't admit you did it like this lunatic did and presto, nothing to prosecute!
But there is no mechanism to detect such lying, and Democrats aren't interested in creating one.
The rest of us are chumps, showing up with our drivers licenses thinking our id protects the integrity of the system when the system was deliberately designed with this giant same day registration loophole you could drive the entire communist party of China through.
The whole episode is a vote fraud instruction manual.
I wonder how much they paid him.
It appears that the student’s vote can’t be nullified after the fact and will be counted.
Washtenaw County Clerk Lawrence Kestenbaum told CNN ballots can’t be retrieved once they have gone through the tabulator. Unlike vote-by-mail, ballots cast at in-person voting locations don’t contain any identifying information about the individual voter, making it impossible to determine which one belonged to the student, Kestenbaum said.
“There’s a box of ballots underneath the tabulator and all of the ballots — they all look the same … there’s no way to go back and undo it,” Kestenbaum said in an interview.
Experts said this is a standard election procedure to maintain secrecy.
The story is here.
Yeah, let's blame the secret ballot now.
Core pce inflation averaged 1.6% under Trump, but is still averaging 2.7% in 2Q and 3Q 2024 under Biden-Harris, almost 69% worse
"That thing just won't come down!"
Wednesday, October 30, 2024
The Wall Street Journal: Trump is leading Harris among whites by 22 points, among seniors by 8 points
The late swing among older and white voters jumps out in the Emerson College poll. On Aug. 15, less than a month after she became the Democratic nominee, Ms. Harris trailed Mr. Trump by 12 points among white voters and was tied with him among all voters 60 or older. Since then, these voters have fled from Ms. Harris. By Oct. 26, Mr. Trump led by 22 points among whites and 8 points among seniors. ...
Prejudice can’t explain older whites’ recent flight from Ms. Harris, since she was already a black woman in August, when many more of them supported her. ...
Losing older whites is politically painful, since they tend to turn out at a high rate. They’re also overrepresented in key states like Wisconsin and Michigan.
More.
New record for gold: $2,789.73
Gold prices rose to a record high on Wednesday as uncertainty over the U.S. presidential election boosted safe-haven demand, with traders also awaiting economic data for cues on the Federal Reserve’s policy path.
Spot gold rose 0.5% to $2,788.89 per ounce after reaching an all-time high of $2,789.73 earlier in the session. U.S. gold futures gained 0.7% to $2,799.90.
Honestly, I don't know how Staten Island does it
The landfill site operated from 1948-2001.
Pennsylvania, Virginia, Ohio, and South Carolina now get New York's garbage.
The rest of the country gets California's.
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