Monday, November 4, 2024
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.
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 :
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 $29.349924 trillion for 3Q2024.
That yields a ratio of SPX/GDP of 197.35 vs. median of 81.
Stocks remain wildly, obscenely, off-the-chart overvalued.
The formula is GDPx = SPX.
29.35(81) = 2,377.
The market would have to fall 3,415 points just to hit median valuation at current GDP, or about 59%.
You can see a similar analysis here, where the median is 79.7 vs. current 200.7.
Real return from SPX since Aug 2000 is now about 5.1% per annum vs. 7.4% before that (including the Great Depression, the depression of 1920, and every collapse before that going back to 1871), 31% worse.
We are living through developments echoing the lunatic era of the 1920s, which ended in tears.
Owe no man anything . . ..
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.