Austin’s leftwing political class always wants to be at the forefront of any trendy ecofriendly or green initiative. That includes transitioning to an all-electric bus fleet. How well is that working out for them? According to this piece Dwight sent over, not so hot.
Capital Metro is slamming the brakes on an ambitious goal of transitioning to an all-electric bus fleet, citing problems with the range of battery-electric buses.
Austin voters were promised a transit system with exclusively electric vehicles when they authorized a tax increase in 2020 to fund Project Connect, the largest transit expansion in the city’s history. Zero-emissions buses are quieter and don’t blast hot exhaust in the faces of people on the sidewalk.
“Honestly, we thought and hoped that the technology would progress a little faster than it has,” CapMetro CEO Dottie Watkins told KUT. “The biggest downside of a battery-electric bus today is its range.”
Diesel buses can run from early in the morning until past midnight. A battery bus only runs about 8 to 10 hours before it needs to be recharged, creating tough logistical hurdles in scheduling routes.
An analysis by the Texas Transportation Institute (TTI) — a state-funded research agency at Texas A&M University — found battery-electric buses could only cover 36% of Capital Metro’s bus schedules.
“If [the route] is too long, it won’t make it,” said John Overman, a research scientist with TTI. “You’re going to have to charge them mid-route or wherever it is.” Austin’s hills drain batteries faster. So does trying to cool buses in the city’s oppressive heat.
Why rely on the opinions of experts when they’re at odds with your green fantasies?
But range shortcomings are only part of the problem.
Data obtained by KUT through the Texas Public Information Act revealed CapMetro’s battery-electric buses are far less reliable than their diesel counterparts. E-buses had mechanical failures on average every 1,623 miles over the last year — less than half the typical distance between failures for the fleet as a whole.
Mechanical problems should be an area where electrical vehicles shine, as there’s so many things that can go wrong in a diesel engine. The fact they’re less reliable is a big red flag.
Mechanical problems, coupled with challenges in procuring parts and doing repairs, mean battery-electric buses are often unavailable for service. In 2022, almost 52% of e-buses were down, on average. In 2023, the number of vehicles out for repair improved slightly to an average of just under 50%.
“Getting the expertise up and being able to have those vehicles be as reliable as our old workhorse diesel buses have been is a challenge,” Watkins said. “It’s something that we are up to.”
On top of range and reliability issues, both companies Capital Metro hired to build its battery-electric buses faced major financial challenges. Proterra and New Flyer blamed the problems on pandemic-related supply chain issues and inflation that drove up manufacturing costs after major contracts were signed.
One of the two bus builders didn’t survive.
Proterra, a company from the San Francisco Bay area, went bankrupt last year and sold off the firm in pieces to pay back debtors. The new owner of Proterra’s e-bus business — Anaheim, California-based Phoenix Motorcar — still has no battery provider or vehicle software ready to deploy, TTI’s Overman said.
The other supplier — New Flyer — bled almost $300 million after the pandemic but appears to have staunched the wound. The Winnipeg, Canada company reported a smaller loss of $9 million in the first quarter of 2024 thanks to record-breaking order numbers.
CapMetro is operating 23 battery-electric buses among a fleet of 402 buses, not including commuter buses or shuttle buses. Another 87 e-buses already ordered are expected to be delivered by the end of the year. Some will replace aging diesel vehicles.
Once all the e-buses arrive, Watkins says, about a quarter of CapMetro’s fleet will be battery-powered. The agency will then “sit for a minute while we wait for the battery technology to catch up.”
By most measures, CapMetro is a leader in the shift to an all-electric fleet. With 25% electric buses, the transit agency’s adoption rate would exceed that of countries with far more political and financial support for zero-emissions vehicles like Belgium, Norway and Switzerland.
“China is a leader in electric bus sales, and about a quarter of the bus fleet in China is electric today,” said Elizabeth Connelly, a transportation electrification researcher at the Paris-based International Energy Agency. “So if Austin’s reaching that same level, I think it’s nothing to scoff at. I think it’s pretty impressive.”
Knowing Chinese quality, their electric busses are probably just as unreliable.
Santiago, Chile — considered a world leader in electric bus adoption — has 30% of its fleet running on batteries, Connelly said.
“Reaching the 100% level can be fairly tricky,” she said. “It’s not as easy as it seems.”
New buses ordered by Capital Metro over the next two to three years will be hybrid diesel vehicles, which are electric buses powered by an on-board diesel generator. The transit agency also wants to use federal grants to buy a small number of hydrogen fuel cell buses, an even more cutting-edge and untested technology than battery-electric buses.
The hybrid and hydrogen vehicles would have a similar range to a diesel bus, Watkins said.
Capital Metro announced the shift to an all-electric fleet in 2018 under then-CEO Randy Clarke. The next year, Clarke invited TV cameras to watch a demolition crew smash down an old mattress factory to make way for a bus charging yard in North Austin.
“This is it!” Clarke exclaimed to reporters. “We’re knocking down an old facility … to build the bus fleet facility of the future.”
Later that day, the CapMetro board followed suit, authorizing the agency’s largest electric bus purchase ever at the time: 10 vehicles from Proterra. Each bus cost more than a million dollars, almost twice as much as the diesel buses approved for purchase the same day.
“We’re going to be able to save money, provide a better customer service and deal with climate change issues,” Clarke pledged to the board. In 2022, Clarke left Austin to lead the transit system in the Washington, D.C. area.
Some were hesitant about betting big on emerging technology. Eric Stratton, a Williamson County representative then just four months into his tenure on the CapMetro board, wondered if Proterra would be able to stand by its relatively new product.
“So that five years in, six years in, eight years in, [if] things start happening, we’ve got the support behind it so we can continue to maintain it. Do you all feel comfortable this is the case?” Stratton grilled Watkins, then vice president in charge of bus services.
“Yes, that is indeed the case,” said Watkins, enthusiastic about the future of electric propulsion. “Proterra’s a very strong partner and I have no concerns at all that they won’t be able to support the bus for the full life of the bus.”
The board gave unanimous approval to the $11 million contract. But that was just the beginning.
In 2021, the board shoved its stack of chips on the table. Capital Metro would plop down up to $255 million for 197 electric buses. This time, the deal would be split between two manufacturers: Canada’s New Flyer and Proterra, the politically connected California firm that hosted President Biden for a virtual tour earlier that year.
Long before CapMetro received all its electric buses, Proterra would be in a Delaware bankruptcy court chopping up the company and selling it off in pieces. Transit agencies across North America revealed private concerns in public court fillings, alleging the buses were mechanically unreliable, lost range in adverse weather and in rare cases would burst into flames.
That surefire Biden touch at work again.
Capital Metro admitted at the time of the bankruptcy proceedings that the shift to an all-electric fleet was hitting speed bumps.
“The reliability of electric buses no matter the manufacturer is less than a diesel bus. I’m not going to tell you they operate as well as diesel bus,” CapMetro chief operating officer Andy Skabowski told KUT last December. “We’re going to see some vehicles that are down a little bit longer than a diesel bus.”
In many ways, busses are a better fit for electrification than cars: Regular routes plus nighttime storage at a bus yard that can be equipped with industrial strength chargers should theoretically eliminate the range and recharging anxiety still common for many electric car owners. But poor range and lousy quality show that electric busses (at least the ones Austin bought) aren’t ready for prime time. The high environmental costs of lithium battery production means they don’t reduce those dreaded “carbon emissions” when considering the whole lifecycle of the product. And given newer clean diesel technologies, improvements in day-to-day emissions are probably pretty marginal as well.
From light rail to electric busses, when it comes to “green” transportation initiatives, Austin seems to have a real knack for picking losers.
Slow Joe continues sliding down the slope of senility, Democrats continue freaking out over same, the media continues to be shocked that the media hid Biden’s decline, Democrats gear up to commit more voting fraud in November, tractors join the culture wars, Skydance eats Paramount, and postal rates are going up again. It’s the Friday LinkSwarm!
President Joe Biden struck a defiant tone during what was perhaps the most consequential press conference of his political career, insisting that he is the best candidate to take on Donald Trump in November, even as he stumbled through several answers.
Biden read prepared remarks off a teleprompter and answered questions from a pre-selected list of reporters Thursday night at NATO’s 75th anniversary summit, addressing a range of subjects including the history of NATO, Russia’s war against Ukraine, inflation, and Israel’s war against Hamas. The embattled president showed signs of his age throughout the event, as he coughed, whispered, stumbled over his words, and at time lost his stream of thought, at one point even referring to Vice President Kamala Harris as “Vice President Trump.”
“Look, I wouldn’t have picked Vice President Trump to be vice president did I think she was not qualified to be vice president,” Biden said, defending his choice of Harris as his running mate. At the end of the press conference, Biden told reporters to “listen to him,” in response to a question about the gaffe.
Parkinson’s disease specialist from Walter Reed Medical Center visited the White House at least nine times in the past year, according to journalist Alex Berenson of Unreported Truths, while the NY Post has reported that a cardiologist was present during one of the visits.
Dr. Kevin R Cannard traveled to the White House’s medical clinic each time, meeting with either President Joe Biden’s personal physician Dr. Kevin O’Connor, or a naval nurse who coordinates care for the president and other senior officials. O’Connor notably gave Biden a clean bill of health after his February annual physical.
The visits spanned July 28, 2023 with the latest being March 28 of this year. That said, Berenson notes that the most recent logs are from April 1, so it’s unknown if Cannard has visited more recently.
The question isn’t whether Joe Biden is suffering from cognitive declines, the questions is how many kinds of cognitive decline is Joe Biden suffering from?
“Biden’s Cognitive Collapse: Greatest Media Scandal We’ve Ever Seen. With Russia collusion, they were inventing things we couldn’t see and trying to convince us that they happened. With the Biden cognitive failures, they were trying to convince us that something we all saw didn’t happen and wasn’t happening.”
You saw the debate and the interview.
Joe is not well. He should not be president, it’s a national security risk. This is what the 25th Amendment is made for.
There have been many media scandals. Rathergate comes to mind. But most immediately, Russia collusion was the most aggressive and sustained media misinformation campaign lasting years. It operated on the level of using bits and pieces of information and disinformation to try to convince us that something we could not see (collusion) did in fact happen.
The media conduct towards Biden’s cognitive decline operated on a different level.
We saw it. We wrote about it. But for years, at least since the 2020 election cycle, the media did its best to convince you that you didn’t see what you saw. The media didn’t try to convince you that something that didn’t exist existed, it tried to convince you that something that existed didn’t exist.
If we accept the actions and outcomes that are visible from Democrats right now, their definition of “democracy” is apparently to dismiss the will of tens-of-millions of Democrat party voters, and instead install a candidate the DC insiders select.
Democrats and even Biden administration officials are being very open about their intent. They are dismissing Joe Biden and debating the installation of their chosen alternative; all while trying to jail their political opponent.
Can democrats see their version of “democracy” is identical to horrible Vladimir Putin?…
Additionally, having just returned from an extended visit to Russia, where I literally spent exhaustive time researching how the government views their role within the social compact – and its consequence upon the average population, the “we know better” outlook currently on display by Democrat influence operations in DC is stunningly similar.
Democrats are defending “The Motherland,” where “mother” is their retention of omnipotent power. Yes, Democrats are Putin.
“Biden Officials Gave Radio Stations Questions They Could Ask Biden During Interviews; They Complied.” Of course they did. (Hat tip: Ace of Spades HQ.)
Evidently donors aren’t interested backing a senile loser, as Biden campaign contributions have fallen off dramatically. “Contributions from large donors alone could be down by more than half this month and are lower across the spectrum, according to NBC News. ‘It’s already disastrous,’ a source close to the re-election effort told the outlet about the state of fundraising for the Biden campaign. ‘The money has absolutely shut off,’ another person close to the campaign said.” Now we get to see if Democrats will follow the will of actual voters who cast their ballots for Biden, or a donor class insisting he be kicked to the curb.
Democrats oppose a bill requiring American citizenship to vote. because of course they do. Getting illegal alien ballots in the system is one of the fraud vectors they need to stay in power. It’s amazing Republicans even need to specify that in a law.
Ditto Michigan, where Democratic governor Gretchen Whitmer signing bills eliminating the board of canvasser’s investigative powers, instead requiring the board to refer allegations of fraud to county prosecutors. So they can make sure Soros-backed prosecutors can bury any fraud.
This is potentially huge: “Court Holds Federal Ban on Home-Distilling Exceeds Congress’ Enumerated Powers.”
Yesterday, in Hobby Distillers Association v. Alcohol and Tobacco Tax and Trade Bureau, a federal district court in Texas held that federal laws banning distilled spirits plants (aka “stills”) in homes or dwellings exceed the scope of Congress’ enumerated powers. Specifically, the court concluded that the prohibitions exceed the scope of the federal taxing power and the Interstate Commerce Clause, even as supplemented by the Necessary and Proper Clause. The court further entered a permanent injunction barring enforcement of these provisions against those plaintiffs found to have standing (one individual and members of the Hobby Distillers Association.) The plaintiffs were represented by attorneys at the Competitive Enterprise Institute, and background on the case (and the various filings) can be found on CEI’s website here.
Hobby Distillers Association has the potential to be a significant post-NFIB challenge to the expansive of use of federal power.
All sorts of federal regulatory shenanigans that depend on the Commerce Clause may be headed for the scrapheap of history… (Hat tip: Instapundit.)
Annals of evil: Porsche executive convicted for of throwing her newborn daughter out of a window to further her career. “Katarina Jovanovic, a Porsche executive in Germany, chose her career over family by throwing her newborn daughter out a 12-foot window to her death, and is now headed to jail for seven and a half years.” I wonder if German women’s prisons have shankings…
Sen. Ted Cruz (R-TX) has launched an investigation into whether the Biden administration used the “obscure Intergovernmental Personnel Act program” to fund the salaries of Big Tech employees as part of an executive order.
“To complete every action, agencies would have had to . . . bring on AI fellows by recruiting temporary — but influential — AI staff from external organizations through the Intergovernmental Personnel Act (IPA) program. Critics, however, have raised reasonable concerns that these influential AI fellows are shaping federal policy to benefit their organizations’ funders and not the American people,” explained Cruz.
“Moreover, as federal agencies request increased funding for AI hiring, it is important Congress understand the extent to which, and how, agencies have already acquired AI staff in response to the expansive and demanding AI Executive Order.”
In October 2023, Biden issued an executive order to establish “new standards for AI safety and security.” The order also aims to address “best practices” for authenticating content and calls on Congress to pass “bipartisan data privacy legislation.”
Six months after the issuance, the White House stated they had completed all the actions in the order.
In Cruz’s investigation announcement, he casts doubt on whether hiring “only 150 people into AI roles” was enough to be able to complete the required work. Cruz also highlighted a number of reported incidents where, through the Intergovernmental Personnel Act (IPA) program, Big Tech CEOs funded salaries of employees working in government agencies.
“In effect, large AI technology companies are influencing the Biden administration’s AI policy from the inside and advancing their own anti-competitive agenda to shape the future of the AI industry,” Cruz said.
Elon Musk announced on Thursday that social media platform X will sue ‘perpetrators and collaborators’ who have colluded to control online speech, as revealed on Wednesday by an interim staff report released by the House Judiciary Committee.
“Having seen the evidence unearthed today by Congress, 𝕏 has no choice but to file suit against the perpetrators and collaborators in the advertising boycott racket,” Musk wrote on his platform, adding “Hopefully, some states will consider criminal prosecution.”
The House report details a coordinated effort by the World Federation of Advertisers (WFA) and its Global Alliance for Responsible Media (GARM) initiative to demonetize and suppress disfavored content across the internet.
As we noted on Wednesday, the WFA is a global association representing over 150 of the world’s biggest brands and over 60 national advertiser associations which created GARM in 2019.
This alliance quickly amassed significant market power, representing roughly 90% of global advertising spend, which amounts to nearly one trillion dollars annually.
GARM’s Steer Team reads like a who’s who of corporate America, including heavyweights such as Unilever, Mars, Diageo, Procter & Gamble (P&G), GroupM, AB InBev, L’Oréal, Nestlé, IBM, Mastercard, and PepsiCo. These corporations not only wield immense economic influence but are now revealed to be leveraging this power to control online discourse under the guise of “brand safety.”
“In New York City, hotels that have converted into shelters for hordes of illegal aliens have been given over $1 billion in taxpayer money to keep them in business. As reported by Fox News, the average hotel room for an illegal costs $156 per night, with some costing over $300 per night. As such, the city government has already spent at least $1.98 billion on housing for illegals, with 80% of that amount going to hotels or inns that have been converted into shelters, rather than to shelters operated by the city. Overall, the city has spent at least $4.88 billion on the mass migration crisis.” (Hat tip: The Other McCain.)
Another loss for Biden’s tranny school mandate. “Carroll Independent School District (ISD) won a preliminary injunction against enforcement of the revised Title IX regulations issued by the Biden administration in April. The rules were set to go into effect on August 1. Federal Judge Reed O’Connor of the Northern District of Texas issued the preliminary injunction on Thursday, July 11, the same day the Amarillo federal court issued an injunction in the case brought by the State of Texas regarding Title IX.”
Bad news on the tractor front: John Deere is going full woke, with DEI idiocy out the wazoo and pushing tranny ideology on children. Plus they’re closing an American plant to move the jobs to Mexico.
Chicken Soup for the Soul, the company that owned Redbox and Crackle, is shutting down. (Hat tip: Dwight.)
It’s not just U.S. companies that have problems with unions: Samsung’s is threatening a general strike in their high speed memory fab at Pyeongtaek. Any machine that goes down on a fab line needs to re-qualified, which is a gigantic, time-consuming pain in the ass. A car factory can resume production in last than a day, but fab can take several weeks to months to get production.
Return of the zombie mortgage. People who thought their second mortgages were written off after the 2008 crisis but didn’t get it in writing are now suffering a rude awakening.
A coalition of Republican-led states is suing the Biden administration and the State of California in an attempt to prevent new electric vehicle mandates on truck owners and operators throughout the country from going into effect.
Two legal challenges were filed over the new emissions rules, Nebraska Attorney General Hilgers said in a statement on May 13.
They include a petition for review filed by a coalition of 24 states in the U.S. Court of Appeals for the D.C. Circuit which challenges the Biden administration’s new regulation setting stronger greenhouse gas emissions standards for heavy-duty vehicles.
Texas isn’t mentioned in the article, but it is in the filing:
Under 42 U.S.C. § 7607(b)(1), Federal Rule of Appellate Procedure 15, and D.C. Circuit Rule 15(a), the States of Nebraska, Alabama, Alaska, Arkansas, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, West Virginia, and Wyoming petition this Court for review of the final agency action taken by Respondents United States Environmental Protection Agency and Michael S. Regan, in his official capacity as Administrator of the United States Environmental Protection Agency, titled “Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles—Phase 3,” published at 89 Fed. Reg. 29,440 (April 22, 2024). A copy of the agency action is attached to this petition.
Petitioners will show that the final rule exceeds the agency’s statutory authority and otherwise is arbitrary, capricious, an abuse of discretion, and not in accordance with law. Petitioners thus ask that this Court declare unlawful and vacate the agency’s final action.
That petition lists the U.S. Environmental Protection Agency (EPA) and its administrator Michael Regan as defendants.
In the legal filing, plaintiffs argue the EPA’s rule imposing stringent tailpipe emissions standards for heavy-duty vehicles effectively forces manufacturers to produce more electric trucks and fewer internal combustion trucks.
The EPA has said the new rules, which are set to take effect for model years 2027 through 2032, are needed to help combat climate change and will help avoid up to 1 billion tons of greenhouse gas emissions over the next three decades.
However, the infrastructure needed to support such vehicles is “virtually nonexistent” and they also have shorter ranges and require longer stops, according to Mr. Hilgers.
The new regulation will also negatively impact the economy and put extra pressure on power grids, according to the lawsuit.
A separate coalition of 17 states and the Nebraska Trucking Association also filed a lawsuit in the U.S. District Court for the Eastern District of California seeking to block a package of regulations that they say are “targeting trucking fleet owners and operators.”
That lawsuit lists the EPA and the California Air Resources Board as defendants.
Plaintiffs in the lawsuit are challenging a string of California regulations called “Advanced Clean Fleets” which aims to “accelerate a large-scale reduction in tailpipe emissions focusing on zero-emissions medium- and heavy-duty vehicles,” according to the California Air Resources Boards’s (CARB) official website.
The rules would ban big rigs and buses that run on diesel from being sold in California starting in 2036.
Nebraska AG Mike Hilgers seems to be walking point on this one but, as usual, Texas is joining in another lawsuit against Biden Administration regulatory overreach.
Better to get this law thrown out now than to wait until food become unaffordable because there aren’t enough reliable trucks to deliver it…
It turns out that unleashing a deadly engineered plague on the world, bellicose posturing, currency manipulation, intellectual property theft, treaty breaking, and genocidal actions against ethnic minorities isn’t a recipe for winning friends and influencing people.
Who knew?
Evidently not Xi Jingping, as under his leadership, it looks like some 90% of Chinese factories will close due to lack of business.
“My factory closed down, ended up losing over 10 million.” I’m assuming that’s Yuan.
“China continues to face a harsh winter, with reportedly 90% of factories either closing down or falling into difficulties.”
Factories that has been in business and profitable for 15 years got walloped by Flu Manchu in 2020. “After the outbreak, the factory started and stopped production intermittently, basically losing money for a year. Unexpectedly, the following three years were worse.”
“At the start of the year, there were almost no new orders. The old customers who used to order every month also significantly reduced their orders. The entire industry had fewer orders than during the 3 years of the epidemic.”
This lead to “severe competition within the industry this year to get orders. Besides low profits, customers also demanded goods to be made before payment.”
“In the second half of 2023, he was basically just chasing payments. Many customers were withholding final payments, and his factory had long run out of operational funds. During this period, he had already mortgaged his house in Shinjin for business loans. For these three years, his factory had been barely surviving on loans, and he didn’t know when it would all end. Recently he’s been exhausted, so he decided to shut” everything down.
“Bosses like us in small manufacturing factories will soon become the bottom of society. Becoming a bad debtor is only a matter of time, My factory in Guangdong is quite typical of those in the industry. Most of my customers products are for export.”
Factory workers, of course, are losing jobs and hours left and right due to the shutdowns. Plus those few factories still hiring can afford to be picky. “Those over 33 can go back! Those under 33 stay! Not accepting anyone over 33!”
“China’s products such as petrochemical raw materials, fuel and electric vehicle power batteries and non-core chips are all facing overcapacity.”
“After the pandemic, China’s economic recovery has been weak. Traditional export orders are insufficient, and products manufactured by Chinese factories exceed the domestic markets absorption capacity causing almost every industry to face overcapacity as other countries strive to curb inflation.”
“China is experiencing rare deflation.”
China’s plan to combat this is exporting high tech goods to the rest of the world. The rest of the world doesn’t seem enthused.
I’m skipping over some Q1 growth statistics for China I don’t believe.
“Due to overcapacity in China, companies are squeezing each other’s profits by lowering export prices.”
“In the first quarter, China’s manufacturing capacity utilization rate plummeted to 73.8%, the weakest level since 2015.”
“The utilization rate of the automotive manufacturing industry has now dropped to below 65%.”
And the electric car bubble bursting has hit China hard. “For years the CCP has spared no effort, using high subsidies and various preferential policies to fully support the development of new energy vehicles.”
“It is estimated that from 2010 to the present, over 200 billion yuan, about $28 billion US, has been directly subsidized to new energy vehicle companies by the CCP.”
“The CCP’s irrational economic measures not only harmed the global economy, but also damaged China’s own economy. The subsidy policy has not only led to the emergence of numerous purported new players in the automotive manufacturing sector, but has also notably spawned a significant number of counterfeit car companies that rely solely on deceiving subsidies through presentations and mockup models.” In other words, the same smoke and mirrors companies seen throughout the rest of China economy.
“The Wall Street Journal reported that in 2018 there were already more than 487 Chinese electric car manufacturers, but now there are only over 40 remaining.” (Previously.)
Is the 90% factory closure estimate way too high? Probably. But if it’s even of factories, imagine the devastating economic and social dislocation effects this will have on China’s aging economy.
Much of China’s economic miracle was built on smoke and mirrors, and by one estimate China GDP was overstated by 60%. And thanks to Xi Jinping’s gross mismanagement of just about everything, the bill for all those illusions is now coming due.
Lies trying to hide how bad the Biden Recession sucks continue to unravel, a mini Texas-vs.-California update, Ukraine makes another oil refinery go boom, true depths of human depravity, some Bill Burr and Critical Drinker links, and two tons of Murica. It’s the Friday LinkSwarm!
Against expectations of a small improvement from -11.3 to -10.0, the headline sentiment gauge dropped to -14.4 (the lowest end of analysts’ forecasts).
Furthermore, the production index, a key measure of state manufacturing conditions, fell five points to -4.1, a reading that suggests a slight decline in output month over month.
Other measures of manufacturing activity also indicated declines this month.
The new orders index – a key measure of demand – dropped 17 points to -11.8 after briefly turning positive last month.
The capacity utilization index edged down five points to -5.7, and the shipments index plunged from 0.1 to -15.4.
The decline in new orders came alongside a surge in prices as raw materials costs rose to 13-month highs…
That has the stench of stagflation lathered all over it.
Also worse than reported: employment numbers. “Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000.”
We first have to go back to December 2022, when we reported something shocking: as part of its data analysis of the “more comprehensive, accurate job estimates released by the BLS as part of its Quarterly Census of Employment and Wages (QCEW) program”, the Philadelphia Fed found that the BLS had overstated jobs to the tune of 1.1 million! This is what the Philadelphia Fed wrote in its quarterly Early Benchmark Revision of State Payroll Employment report at the time:
Our estimates incorporate more comprehensive, accurate job estimates released by the BLS as part of its Quarterly Census of Employment and Wages (QCEW) program to augment the sample data from the BLS’s CES that are issued monthly on a timely basis. All percentage change calculations are expressed as annualized rates. Read more about our methodology. Learn more about interpreting our early benchmark estimates.
So what did this “more accurate”, “more comprehensive” report find? It found that…
In the aggregate, 10,500 net new jobs were added during the period rather than the 1,121,500 jobs estimated by the sum of the states; the U.S. CES estimated net growth of 1,047,000 jobs for the period.
Lots of detailed analysis snipped.
Putting it all together, we now know – as the Philly Fed reported first – that the labor market is far weaker than conventionally believed. In fact, no less than 800,000 payrolls are “missing” when one uses the far more accurate Quarterly Census of Employment and Wages data rather than the BLS’ woefully inaccurate and politically mandated payrolls “data”, and if one looks back the the monthly gains across most of 2023, one gets not 230K jobs added on average every month but rather 130K.
Of course, none of that paints Bidenomics in a flattering picture, because while one can at least pretend that issuing $1 trillion in debt every 100 days to add 3 million jos per year is somewhat acceptable, learning that that ridiculous amount buys 800,000 jobs less is hardly the endorsement that the White House needs.
I think I link a story like this every year: “California Leads Among U.S. States Sending People to Texas in 2022. Florida and New York combined sent fewer people to Texas than California.” Leave any leftwing politics behind when you move…
California has a $55 billion deficit. But don’t worry, for the 24-25 fiscal year, it’s a $73 billion deficit.
A Russian-backed “propaganda” network has been broken up for spreading anti-Ukraine stories and paying unnamed European politicians, according to authorities in several countries.
Investigators claimed it used the popular Voice of Europe website as a vehicle to pay politicians.
The Czech Republic and Poland said the network aimed to influence European politics.
Voice of Europe did not respond to the BBC’s request for comment.
Czech media, citing intelligence sources, reported that politicians from Germany, France, Poland, Belgium, the Netherlands and Hungary were paid by Voice of Europe in order to influence upcoming elections for the European Parliament.
The German newspaper Der Spiegel said the money was either handed over in cash in covert meetings in Prague or through cryptocurrency exchanges.
Pro-Russian Ukrainian oligarch Viktor Medvedchuk is alleged by the Czech Republic to be behind the network.
Mr Medvedchuk was arrested in Ukraine soon after the Russian invasion, but later transferred to Russia with about 50 prisoners of war in exchange for 215 Ukrainians.
Czech authorities also named Artyom Marchevsky, alleging he managed the day-to-day business of the website. Both men were sanctioned by Czech authorities.
“$100M missing from Bay area trust fund management company. A Bay area father who counted on a local non-profit to handle a trust fund designed for his daughter’s long-term care feels duped.” And this is a trust for special needs kids.
The radical leftists in control of Baltimore City Hall have plunged the metro area just north of Washington, DC, into apocalyptic levels. We advise readers to entirely avoid the metro area as violent crime spirals out of control.
Failed social justice reforms, defunding the police, and widespread mistrust of the police have resulted in a skeleton police force that will no longer be able to protect residents in some regions of the city.
Fox Baltimore reported last Tuesday that only three police officers were on duty for the Southern Police District, which includes more than 61,000 residents.
Joe Lieberman, RIP. One of the least reprehensible Democratic senators of the last 30 years or so. But I still remember this:
Don’t click on this link unless you want to plumb the depths of human depravity. Noteworthy: “He and his husband.”
Stellantis, AKA The European Monster That Ate Chrysler, just just laid off a whole bunch of white collar workers. Note their mention of focusing on “implementing our EV product offensive.” Oh yeah, they’re boned.
Florida Governor Ron DeSantis declares victory over Disney, as the latter has dropped their lawsuit over the the elimination of their special district status.
Sean Combs, AKA “Puff Daddy,” AKA “Diddy,” raided by the FBI. “A source close to the investigation told NBC News that the raid was connected to allegations of sex-trafficking and sexual assault and the solicitation and distribution of illegal narcotics and firearms.” “Source close” caveats apply.
The federal government is going to allow a shuttered nuclear power plant to be restarted. “The federal government announced that it would provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan. NJ-based Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it, but with support from the state of Michigan and the Biden administration, the emphasis has shifted to restarting the nuclear power plant by late 2025 instead.” Not wild about the loan part, but restarting America’s nuclear energy growth is long overdue.
Used Japanese homes are worthless Not just because of the shrinking population, but because they’re designed to be.
The Critical Drinker is not impressed with the Road House remake. “The Patrick Swayze original wasn’t exactly peak cinema. It was dumb and over-the-top and silly, and I don’t imagine people were exactly crying out for a remake. But damn, man, it’s like Citizen Kane compared to this version.”
School tries to ban American flag from truck. Result: Two tons of Murica.
Twitch is cracking down on streams that “focus on intimate body parts.” After watching this, I have one question: Where exactly did the lady featured obtain her “automatic butt jiggler?”
Feel-good crime aftermath story:
Dog shot during the robbery given a warm send off by hospital staff after undergoing multiple surgeries..🐕🐾🥺🙏❤️ pic.twitter.com/OnSjqmRt2u
Welcome to spring! More evidence the Biden clan lied under oath, lots of illegal alien news, Ukraine hits more Russian oil refineries, and BlackRock and Planet Fitness enjoy the consequences of getting woke. It’s the Friday LinkSwarm!
In his opening statement before the House Oversight Committee on Wednesday, Hunter Biden’s former business partner Tony Bobulinski publicly accused the first son and his uncle, Jim Biden, of lying under oath about the nature of their business dealings with Chinese conglomerate CEFC.
Bobulinski is testifying on Wednesday about the Biden family’s foreign business dealings, the subject of the House GOP’s impeachment inquiry into President Joe Biden. He testified behind closed doors last month and vividly recalled meeting Hunter, Joe, and James Biden in May 2017 to discuss a proposed joint venture with CEFC.
Bobulinski cited three examples of alleged perjury from Hunter Biden’s sworn testimony last month, accusing Hunter of lying about: the timeline of his business relationship with CEFC, his father’s interactions with his business associates, and the threatening text he sent a Chinese businessman in which he demanded payment and said he was sitting next to his father.
“Hunter Biden gave his transcribed interview to the House Oversight Committee on February 28 and lied throughout his testimony,” Bobulinski said in his written testimony.
Hunter Biden said his work for CEFC began with a retainer in 2017. However, Bobulinski insists, based on conversations he said he had with Hunter, that the Biden business relationship with CEFC goes back further, possibly to Joe Biden’s time as vice president.
Hunter Biden claimed his father never interacted with his son’s business partners and repeatedly denied his father’s involvement in those dealings. However, Hunter Biden confirmed Joe Biden met Bobulinski and multiple foreign business partners, and spoke to business associates on speakerphone.
James Biden denied in his closed-door testimony that he attended that May 2017 meeting, contradicting Hunter’s sworn testimony.
“The sole reason Hunter wanted me to meet his father was because I was the CEO of SinoHawk, the Bidens’ partnership with CEFC. I was a business associate. In his transcript, Hunter confirms that that meeting with Joe took place and incriminates his Uncle Jim for perjury by confirming it,” Bobulinski’s statement reads.
In his written testimony and the opening statement he delivered, Bobulinski also accuses Hunter of lying about the details of a text he sent to a Chinese business associate in July 2017 where he appeared to leverage his father’s influence. Hunter Biden testified that he was embarrassed by the text and claimed he sent it to the wrong Chinese business partner, a person not connected to CEFC.
“He leveraged his father’s presence next to him in that infamous text to strongarm CEFC into paying Hunter immediately,” Bobulinski said.
In March 2017, Hunter Biden’s then-business partner Rob Walker received a $3 million payment from State Energy HK, an account linked to CEFC.
Walker distributed roughly $1 million of the State Energy HK funds to bank accounts linked to Hunter Biden and other members of the Biden family, bank records show. The $3 million wire to Walker took place after Hunter Biden and his business associates held meetings with CEFC and helped explore business deals, according to Walker’s testimony and Hunter Biden’s federal tax indictment. Joe Biden’s vice presidency concluded only weeks before the State Energy HK payment came in.
Bobulinski also accused James Biden of lying under oath about the details of his involvement with Bobulinski and CEFC.
Testifying behind closed doors last month, James Biden repeatedly denied meeting Bobulinski, contradicting the testimony given by Bobulinski and Hunter Biden, according to a transcript of his testimony. Despite being shown exhibits to the contrary, James Biden doubled down on his denial that the May 2017 meeting with Bobulinski and Joe and Hunter Biden took place. Likewise, James Biden denied signing any agreement to get into business with Bobulinski through Oneida Holdings, a holding company created for the CEFC proposal.
When presented with a signed copy of the Oneida agreement, James Biden said he could not recall being part of the Oneida arrangement. The CEFC proposal involving Bobulinski fell apart, and the Bidens entered a separate joint venture with CEFC called Hudson West III to help CEFC explore U.S. energy deals.
“There are many other examples of Hunter’s and Jim’s lies, which I am happy to discuss during my testimony here today, and I hope this Committee will hold them accountable for their perjury before you,” Bobulinski’s written statement adds. When questioned by Republican lawmakers, Bobulinski repeated his accusations Hunter and James Biden committed perjury during their closed-door testimonies last month.
Alongside Bobulinski, imprisoned former Biden associate Jason Galanis is testifying virtually about the business enterprise he worked on with Hunter Biden and other business partners. Galanis’ opening statement on Wednesday mirrors private testimony in which he claimed Joe Biden helped his son finalize deals with Chinese and Russian business partners.
“The entire value-add of Hunter Biden to our business was his family name and his access to his father, Vice President Joe Biden,” Galanis testified. He believes he is risking his safety to testify because of alleged retaliation by the Justice Department during his time in prison for participating in a fraudulent bond scheme.
Bobulinski’s testimony will be no surprise to regular BattleSwarm readers following the scandal.
I’ll confine myself to one typical example, although many could be cited. On page 55 of the transcript, Hur asks Biden in what workspaces he kept documents at the vice president’s residence (the Naval Observatory); Biden’s response runs seven pages — although it was not a sensible response to the very simple question asked.
The president began by recounting that “I was the guy who wrote the Violence Against Women Act”; that agriculture is “a $4 billion industry in Delaware and the Delmarva peninsula”; that in a law-school torts class he was applauded for speaking ten minutes about a case he had not read; that “to make a long story short” he got a job out of law school at a firm in Delaware; and that “to make a long story not quite so long” he participated in a case while he was waiting for his bar results involving “this poor kid [who was] down a hundred-foot vessel, chimney, scraping the hydrogen bubbles off of the inside” but “was wearing the wrong pants, wrong jeans, and he —a spark caught fire and got caught in the containment vessel and he lost part of his penis and one of his testicles and he was 23 years old.” The senior partner told Biden to write a memo supporting a motion to dismiss the case, “and son of a bitch, it prevailed,” whereupon Biden thought “son of a bitch I’m in the wrong business, I’m not made for this.”
Thereupon, the senior partner invited him to go to the Wilmington Club, where “no blacks, Catholics are allowed — have been allowed to be members. The DuPont family name.” (Biden elsewhere in the seven pages repeatedly refers to the DuPont family, whom he describes as “Rockefeller Republicans” highly influential in Delaware.) Biden recalled being so taken aback by the Wilmington Club invitation that, in “the only time I ever lied that I can remember looking somebody in the eye,” he made up a story that his father was coming to visit that day. Then he immediately walked through “the basement on a public building and walked in with a guy named Frank and I said I want a job as a public defender.” This began “what got me — I had been involved in the civil-rights movement. That got me deeply involved in trying to reform the Democratic Party, which was a southern Democratic Party. We were a slave state by law.”
“And the whole point of telling you all this,” he continued, “is that I had a lot of material that I kept notes on” about the Democratic Party. And at that point, when he was 26 or 27 years old, Biden elaborated, “I went to work part time for a criminal-defense firm mainly, a real estate — there were five people. And so I was no longer a public defender. . . .” Then “one thing led to another” and Biden joined a group seeking to reform the Democratic Party. Even though he was young, they wanted him to run for the state senate. But he wanted to start his own law firm instead. “So to make a long story short,” he ended up running for county council, but “wanted to be sure that I was going to lose,” so he ran in a district that no Democrat had ever won. “And I won it. And next thing you know, I’m in a tough position. My generic point was that there was a lot of material that I had amassed that I wanted to save. I probably still have it somewhere. And so that stuff would travel wherever the hell I was.”
At that point, mercifully, Hur interjected, “trying to steer us back to the end of your vice presidency.”
To repeat, what I’ve outlined above comes from a single, uninterrupted, utterly non-responsive answer to a question about where Biden kept documents while living in the Naval Observatory circa 2016.
I would say that Grandpa Simpson is running the country, except it’s his Obama-retread aides who are doing that, and Grandpa Simpson is markedly more focused and coherent than Slow Joe is now. (Hat tip: Powerline.)
A senior official with United States Customs and Border Protection (CBP) revealed Wednesday that CBP agents in El Paso arrested a man for attempting to enter the country illegally, and a further search led to the discovery of gang connections and alarming images contained on the man’s phone.
CBP Chief Jason Owens announced the arrest on social media, saying the man was from Colombia and shared images of tattoos that connect him with the Clan Del Gulfo (CDG) cartel.
A federal law, Section 922 of Title 18 of the U.S. Code, bars illegal immigrants from carrying guns or ammunition. Prosecutors charged Heriberto Carbajal-Flores, the illegal alien, in 2020 after he was found in Chicago carrying a semi-automatic pistol despite “knowing he was an alien illegally and unlawfully in the United States.”
U.S. District Judge Sharon Johnson Coleman rejected two motions to dismiss, but the third motion, based on a 2022 U.S. Supreme Court ruling, triggered the dismissal of the case on March 8.
“The noncitizen possession statute, 18 U.S.C. § 922(g)(5), violates the Second Amendment as applied to Carbajal-Flores,” Judge Coleman, appointed under President Barack Obama, wrote in her 8-page ruling. “Thus, the court grants Carbajal-Flores’ motion to dismiss.”
“Tyson closed down a pork plant in Iowa to hire ‘asylum seekers’ in New York. Tyson Foods just axed 1,200 jobs in Perry, Iowa, a town of just a few thousand people, and have moved those jobs, as well as others, to places like New York where they know there are ‘asylum seekers’ ready to replace American workers.”
The Biden administration announced Wednesday that it will impose the strictest vehicle-emissions regulations ever enacted as part of an effort to push the American car industry toward electric vehicles.
The emissions standards, which will cover light-duty vehicles — cars, SUVs, and pickup trucks — are set to apply to models produced from “2027 through 2032 and beyond,” the Environmental Protection Agency said in a statement.
The new rules set targets for the number of electric models produced in the United States as a percentage of all light-duty vehicles created each year. For instance, in 2030, hitting the EPA’s new targets would require somewhere between 31 percent and 44 percent of new cars, SUVs, and pickup trucks to be fully electric, with the exact percentage depending on the amount of emissions from other vehicles.
Though the regulations announced Wednesday are the strictest in the country’s history, they are a step back from the EPA’s April 2023 proposal, at least in terms of the rollout speed. While the target in 2032 is still for carbon emissions to be cut in half from the total produced by cars that went on sale in 2026, the shift will be more gradual than the changes the administration proposed last year and the targets in the earlier years easier to meet.
Another difference is the inclusion of hybrid vehicles. The April 2023 proposal called for two-thirds of cars sold in 2032 to be electric, but the new regulations amend that number to 56 percent of cars sold being electric and another 13 percent hybrid.
The electric car market is already saturated and EV sales are falling. Americans don’t want them, so the Biden administration is going to punish (and possibly destroy) the American car industry in their relentless pursuit of green graft.
“Texas School Fund Divests $8.5 Billion From BlackRock Over Anti-energy Policies. State Board of Education Chairman Aaron Kinsey said BlackRock was not in compliance with new legislation that prohibits state funds from being given to organizations that boycott energy companies.” Good. BlackRock’s “Environmental Social Governance” is bad for investors and bad for America.
Because the ground invasion wasn’t enough, the Biden Administration has been flying illegal aliens into American cities, wages for Americans are down, San Francisco continues inching toward sanity, some crime news, and Fisker looks farked. It’s the Friday LinkSwarm!
A Freedom of Information Act lawsuit has revealed that the Biden administration has flown at least 320,000 migrants into the United States in an effort to reduce the number of crossings at the southern border, according to Todd Bensman of the Center for Immigration Studies.
“The program at the center of the FOIA litigation is perhaps the most enigmatic and least-known of the Biden administration’s uses of the CBP One cellphone scheduling app, even though it is responsible for almost invisibly importing by air 320,000 aliens with no legal right to enter the United States since it got underway in late 2022,” wrote Bensman.
Customs and Border Protection (CBP) had initially refused to disclose information about the flights, which use a cell phone app, CBP One, to arrange.
“Under these legally dubious parole programs, aliens who cannot legally enter the country use the CBP One app to apply for travel authorization and temporary humanitarian release from those airports. The parole program allows for two-year periods of legal status during which adults are eligible for work authorization,” Bensman continues.
The flights resulted in illegal immigrants being placed in at least 43 American cities from January through December 2023.
Under the terms of their release, migrants are able to remain in the US for two years without obtaining legal status, and are meanwhile eligible for work authorization.
How many Americans realized they were voting for this invasion when they voted for Biden?
A new witness could testify Fani Willis warned lover Nathan Wade’s former business partner to stay quiet about their affair, an explosive new court filing claims.
“They are coming after us. You don’t need to talk to them about anything about us,” Willis is alleged to have warned Terrence Bradley in a September 2023 phone call.
The call was overheard by Cobb County, Georgia, prosecutor Cindi Lee Yeager, according to court papers filed Monday by Trump co-defendant David Schafer.
The tide continues to turn in San Francisco. “‘Progressivism Is Out’: San Franciscans Pass Ballot Measures Requiring Drug Testing for Welfare, Expanding Police Surveillance.”
San Francisco voters who’ve grown tired of the crime, homelessness, and drug use plaguing their left-wing city overwhelmingly approved a pair of ballot measures on Tuesday that will expand police powers and require welfare recipients to be screened for drugs.
Proposition E, which authorizes police to use surveillance equipment — cameras, drones, and even facial-recognition technology — without prior permission from an oversight body, passed with 59,818 votes, or 59.9 percent. The proposition will also loosen restrictions on police chases and require that officers spend less time on paperwork and administrative duties.
Proposition F, which mandates that anyone receiving public-assistance benefits be screened for a substance-abuse disorder, passed with 63,295 votes, or 63 percent.
As part of the proposition, public-assistance recipients found to be drug-dependent could be offered treatment. If it is made “available at no cost, the recipient will be required to participate to continue receiving” public benefits, according to the proposition.
“Progressivism is out—for now,” the San Francisco Chronicles’ website read in bold letters on Wednesday morning, “Voters make it clear: S.F. can no longer be called a progressive city.”
The approval of both propositions was a big win for San Francisco’s embattled mayor, London Breed, who placed both measures on the primary ballot in an effort to tamp down on crime and to take aim at drug addiction and overdose deaths in the city. She told reporters on Tuesday that passage of the two measure will allow her administration to “continue the work we’re doing” to improve public safety, according to the Chronicle.
With San Francisco turning slightly sane, Austin may vie with Seattle, New York and Chicago for the title of America’s Most Insane Radical Leftwing City.
In June 2023, The Daily Signal’s Fred Lucas reported that the Indian Health Service (IHS), which falls under the Department of Health and Human Services, is collaborating with the ACLU, Demos, and several other left-wing organizations to register new voters. In order to expand the reach of these efforts, the Biden administration designated an Arizona-based Indian Health Service (IHS) facility as an official voter registration hub in October.
According to Arizona Democrat Secretary of State Adrian Fontes, Native Health of Phoenix, which caters to “urban Native Americans, Alaska Natives, and all other individuals,” will “assist individuals in the voter registration process.” The administration confirmed that the IHS facility would be one of five designated as voter registration sites by the end of 2023.
Much like young voters, Native Americans heavily favor Democrats.
4. Department of Agriculture
The USDA is another federal agency directing its efforts at potential Democrat voters. Earlier this month, emails obtained by The Daily Signal show the agency was colluding with Demos as early as August 2021 to work on turning out voters.
As The Federalist’s M.D. Kittle reported, the USDA’s Food and Nutrition Service “encourages all state agencies administering the child nutrition programs to provide local program operators with promotional materials, including voter registration and non-partisan, non-campaign election information, to disseminate among voting-age program participants and their families.”
One of the “ideas” recommended by the agency is for “[s]chool food authorities administering the National School Lunch Program (NSLP) in high schools, and adult day care centers and emergency shelters participating in the Child and Adult Care Food Program (CACFP) to promote voter registration and election information among voting-age participants and use congregate feeding areas, such as cafeterias, or food distribution sites, as sites for the dissemination of information.”
Sweden officially became part of the NATO alliance Thursday, two years after Russia’s invasion of Ukraine caused the nation to overhaul its non-alignment policy.
Snip.
“It’s official – #Sweden is now the 32nd member of #NATO, taking its rightful place at our table. Sweden’s accession makes NATO stronger, Sweden safer, and the whole Alliance more secure. I look forward to raising their flag at NATO HQ on Monday,” NATO Secretary General Jens Stoltenberg said on X Thursday. Hungary ratified Sweden’s ascension into the alliance last week, becoming the final NATO country to do so.
The nordic country applied for NATO membership in May 2022, about three months after Russia began its war in Ukraine. The admission of Finland and Sweden expands NATO to 32 members.
As Peter Zeihan noted, “in the Swedish military, every day you wake up, you prepare for one thing: the war with the Russians.” Good job, Putin!
Blaze Media journalist Steve Baker was arrested by the FBI and brought to a Texas federal courtroom in handcuffs, a belly chain and foot shackles to face four nonviolent misdemeanor charges for being at the U.S. Capitol on Jan. 6, 2021…
“There’s nothing in there about my behavior,” Mr. Baker told The Epoch Times. “It’s all about my words. Everything. It’s all about stuff I said before, stuff I said after, and that’s it. No more complicated than that.”
Mr. Geyer said his client’s arrest shows an “unprecedented shift in Department of Justice policy [after it] had spent decades adhering to special protections for journalists.”
Speaking of people who shouldn’t be getting taxpayers subsidies, Harvard “We Hate Jews” University wants $2 billion in taxpayer-backed bonds.
Recall effort against Dallas’ Democrat-turned-Republican mayor Eric Johnson fails. Number of signatures to have a recall election: 103,595. Number of signatures submitted: Zero.
For all that Democrats at the state and national level want to force adoption of them, electric cars are no panacea to solving the “climate change crisis” those same Democrats claim will kill us all.
Peter Zeihan explains why.
“A lot of major auto manufacturers are scaling down their plans to make electric vehicles. Ford and GM have both suspended, well, cancelled plans to build a couple new facilities for battery and EV assembly. No changes to their internal combustion engine vehicle plans.”
Tesla production is also slowing. “They’re going to suspend and maybe even cancel the plans for the gigafactory that they were going to be building in Mexico, although that’s very TBD.”
“From an environmental point of view most EVs are at best questionable.”
“The data that says they’re a slam dunk successes assumes that you’re building the EVs with a relatively clean energy mix and then recharging it with 100% green energy, and that happens exactly nowhere in the United States.”
“The cleanest state is California they are still 50% fossil fuel energy, and they lie about their statistics, because they say they don’t know what the mix is for the power that they’re importing from the rest of the country, which is something like a third of their total demand. And the stuff that comes, say, from the Phoenix area in Arizona to the LA Basin which is something like 10GW a day, which is more than most small countries, is 100% fossil fuel.”
“More importantly on the fabrication side, because there are so many more exotic materials and because energy processed to make those materials is so much more energy intensive, all of this work is done in China, and in most places it’s done with either soft coal or lignite.”
“You’re talking about an order of magnitude more carbon generated just to make these things in the first place compared to an IC [integrated circuit, AKA computer chips]. And that means that these things don’t break even on the carbon within a year. For most you’re talking about approaching 10 years or more.”
But Zeihan is leaving the most important variable out of this equation: The smug sense of satisfaction and moral superiority American leftists feel when driving these cars. Isn’t that worth all those extra coal plants?
Number 2: Materials. “These vehicles require an order of magnitude more stuff, more copper, more molybdenum, more lithium, obviously, more graphite. And the energy content required to put those in process is where most of the energy cost comes from.”
“If we’re going to convert the world’s vehicle fleets to these things, there’s just not enough of this stuff on the planet. I’m not saying that we can’t build on in time, but that time is measured in decades.”
“Supposedly we need 10x a much nickel on all the rest. So the stuff just isn’t there. So even if this was an environmental panacea, which it’s not, we would never be able to do it on a very short time frame. You’re talking a century.”
They’re also way more expensive. “This is not a vehicle that’s for most people.”
“And that’s before you consider little things like range anxiety. I’ve rented an EV. It’s real. There just aren’t enough charging stations.”
“EVs are building up on the lots and people just aren’t buying them without absolutely massive discounts and the discounts are now to the point that the whole industry is no longer profitable even with the subsidies that came in from the Inflation Reduction Act.”
“1% of the American vehicle Fleet to EVs, and it looks like we may be very close close to the peak.”
Not every one of his points hits home (there are, in fact, lots of overpriced gas powered cars and trucks sitting on dealers lots, as a lot of YouTube channels will show you), but he’s mostly correct.
Our conservative estimate is that the average EV accrues $48,698 in subsidies and $4,569 in extra charging and electricity costs over a 10-year period, for a total cost of $53,267, or $16.12 per equivalent gallon of gasoline. Without increased and sustained government favors, EVs will remain more expensive than ICEVs for
many years to come. Hence why, even with these subsidies, EVs have been challenging for dealers to sell and why basic economic realities indicate that the Biden administration’s dream of achieving 100% EVs by 2040 will never become a reality.
The Biden economy continues to batter ordinary Americans, CIA’s bribing experts to protect China and the deep state, Ukraine makes Russian ships and air defense systems in Crimea go boom, UAW goes on strike, and sanctuary city chickens come home to roost. Plus a personal update at the end. It’s the Friday LinkSwarm!
Joe Biden continues to work his special brand of magic on the economy: “Real household income suffers biggest drop since Great Recession.”
Nominally, households earned more money in 2022 than they did in 2021. But thanks to inflation caused by Bidenomics, real household income (that is, income adjusted for inflation) not only fell, but fell by an amount not seen since the Great Recession.
According to Census Bureau numbers released Tuesday, median household income fell from $76,330 in 2021 to $74,580 in 2022, a decline of 2.3%. This is the biggest drop in real household income since 2010, when it fell 2.6%. Even at the height of the pandemic, when millions of people couldn’t work, real income only fell 2.2%.
The decline in real income was driven entirely by near-record-high inflation. According to the Census Bureau, inflation rose 7.8% between 2021 and 2022, which was the largest inflation increase since 1981.
Isn’t not being able to feed your family a small price to pay for our elites not having to deal with mean tweets? (Hat tip: Stephen Green at Instapundit.)
A ‘senior-level’ CIA whistleblower has come forward to allege that the agency bribed analysts to change their opinion that Covid-19 most likely originated in a lab in Wuhan, China, according to the NY Post.
The whistleblower told House committee leaders that his agency ‘ tried to pay off six analysts who found SARS-CoV-2 likely originated in a Wuhan lab if they changed their position and said the virus jumped from animals to humans,’ according to a Tuesday letter from the chairmen of two House subcommittees investigating the pandemic response and US intelligence, Brad Wenstrup (R-OH) and Mike Turner (R-OH).
The pair have requested all documents, communications and pay info from the CIA’s Covid-19 Discovery Team by Sept. 26.
“According to the whistleblower, at the end of its review, six of the seven members of the Team believed the intelligence and science were sufficient to make a low confidence assessment that COVID-19 originated from a laboratory in Wuhan, China,” reads the letter from the House panel chairmen.
“The seventh member of the Team, who also happened to be the most senior, was the lone officer to believe COVID-19 originated through zoonosis.
“The whistleblower further contends that to come to the eventual public determination of uncertainty, the other six members were given a significant monetary incentive to change their position,” the letters continue, adding that the analysts were “experienced officers with significant scientific expertise.”
Hunter Biden indicted on federal gun charges. A whole lot of observers think this is just an excuse to avoid indicting him (and his father) on bribery and corruption charges.
Washington refused to fully fund construction of a wall along the Mexican border as Congress obeyed the U.S. Chamber of Commerce — whom Republicans bow to — and the galaxy of gangs, drug cartels, pedos, Chinese spies, terrorists and Methodists who back Democrats. There are some overlaps. My point is, Democrats cannot destroy the nation without help.
There seemed to be no stopping the onslaught. What to do? What to do? What to do?
Well, they were messing with Texas and as Texans say, don’t mess with Texas.
Its governor’s press office said in June, “In April 2022, Governor Abbott directed the Texas Division of Emergency Management to charter buses to transport migrants from Texas to Washington, D.C. The Governor added New York City, Chicago, and Philadelphia as additional drop-off locations last year and most recently added Denver as a busing destination last month. Since beginning the migrant busing strategy last spring, more than 21,600 migrants have been transported to these self-declared sanctuary cities while providing much-needed relief to Texas’ overwhelmed border communities.”
Battles are usually fought with horses, tanks or aeroplanes. Greg Abbott used buses. As of June, he shipped 500 busloads of illegal aliens to sanctuary cities. The shipments continue.
Virginia Democratic statehouse candidate Susanna Gibson is complaining that there are videos of her having sex with her husband online. Gee, how did they get online? “Gibson had an account on Chaturbate, a legal website where viewers can watch live webcam performances that feature nudity and sexual activity…The videos show Gibson and her husband, John David Gibson, having sex and at times looking into the camera and asking viewers for donations in the form of ‘tokens’ or ‘tips’ to watch a private show.” It did not take Columbo to crack this case. (Hat tip: Instapundit.)
The Democrat Party has a latent disaster on its hand vis a vis one RFK Jr.
On the one hand, they are fully dedicated to sabotaging his campaign. Under no circumstances whatsoever will he be permitted to win the nomination.
Even if he had 80%+ support from the electorate, the sick truth is that party leadership (influenced by the consultant and donor classes) would rather lose with Brandon than win with RFK Jr. because of what he’s liable to do to the Deep State and D.C. largesse were he ever to assume office. It would be a proverbial bloodbath for the administrative state and all of the grifters who feed on it.
On the other hand, they need to keep RFK Jr. within the Democrat Party fold because if he were to go rogue and run third party — which he, frankly, should have been doing all along — it would be a veritable death knell for the Brandon entity’s prospects in 2024, which are wafer-thin as it is.
Whatever perceived threat Cornel West poses to Brandon’s re-election with his Green Party run, magnify that threat by 10x, 100x and you’re in the ballpark of what RFK Jr. would do to the party. It’s not outlandish to speculate that a strong third-party run by RFK Jr. might literally break the Democrat Party for years or possibly forever. That’s how sick of the party’s BS its own members, not to mention independents and non-voters (the largest, unserviced voting bloc in the country), are.
RFK Jr. has already proven himself nearly bulletproof from relentless Democrat Party and corporate state media attacks — arguably on the same level in this regard as “Teflon” Don.
There’s a petition to have the Hays County district attorney removed from office.
The person who filed it? The Hays County district clerk.
The petition was filed by Hays County District Clerk Avrey Anderson on Tuesday, Sept. 12. I
It alleged that Hays County DA Kelly Higgins implemented and executed a policy or policies that refused to prosecute a class or type of criminal offense under state law.
The petition said DA Higgins has made public declarations that he would not prosecute the following:
simple drug possession offenses
simple cannabis possession offenses
procedures committed by a licensed physician in the case that they are treating transgenders
procedures committed by a licensed physician in the case they are performing abortions
According to the court documents filed, there’s been an excessive amount of felony possession of cannabis, methamphetamine and cocaine cases being declined for “random and nonspecific reasons.”
I know one of the first questions in your mind: Is Higgins a Soros-backed DA? Answer cloudy. She got $2,000 from Chip Shields in Portland, OR. Shields founded Better People, a pro ex-con thing, but I can’t find a direct Soros link to Higgins. (Hat tip: Dwight.)
Things that make you go Hmmmm: “A representative of the Harris County attorney’s office told a district court judge that the county would use all legal means to prevent the deposition of the deputy director of election technology Jason Bruce.”
National Review looks back at Simon and Garfunkel. Don’t agree with everything here, but they did make some great music Back In The Day…
“14-year-old son died after attempting the ‘One Chip Challenge.’ You don’t want to jump into that sort of thing without building up your resistance first. Me, I’m pretty sure I could do it, especially if I could find a way to make money off it. Maybe I could get 100,00 people to pledge a buck for every one I eat, and then then see how many I can eat on a live-stream…
Ever wanted to hear The Monkees’ Micky Dolenz do an album of REM covers? Yeah, me neither, but here’s “Shiny Happy People.”
Also, my most recent job just ended. So here’s the tip jar, if you’re so inclined:
I don’t usual rattle the jar, because I make good money when employed, and I’m hardly destitute, but every bit helps. If you know of any remote Senior Technical Writer positions, let me know.
I’m not a big fan of electric vehicles, which still don’t have the range or battery longevity to be tempting as a regular driving option.
Also, outside Telsa (which obviously has some record of financial success), the whole EV space seems screwy. Today’s case in point: A company called Lucid, which I only know from various sketchy speed-test videos on YouTube, paid its CEO $379 million for 2022:
It’s rare for CEOs to rebuke their peers’ outlandish pay packages—mostly because they’d be throwing stones from glass houses—but Lucid Motors’ CEO Peter Rawlinson drew sharp criticism from his EV rival Elon Musk on Monday after earning the title of the highest paid executive in the automotive business.
“Beware any company where leadership compensation is not linked to performance,” the Tesla CEO wrote on X in response to a post about Rawlinson’s pay.
Rawlinson received a $379 million compensation package in 2022 for his role at the luxury EV maker Lucid, including a $575,000 base salary, $5.5 million of stock options, and an incredible $373 million in stock awards, according to a new CEO compensation survey from Automotive News and Equilar.
Notwithstanding Musk’s criticism, Rawlinson earned his huge pay package after hitting market-cap targets for Lucid early last year, SEC filings show. Lucid, like 88% of the 250 largest publicly traded U.S. firms, now uses performance-based compensation for at least some portion of its executive pay.
Snip.
Lucid’s stock fell more than 82% in 2022, and the company earned total revenue of just $608.2 million. Also, when comparing Rawlinson’s pay to his peers in the automotive business, his latest compensation package appears extreme. Rawlinson’s total compensation in 2022 was 11 times greater than the $34 million earned by the second-highest-paid automotive CEO, GM’s Mary Barra, and 21 times greater than the $18.3 million Ford CEO Jim Farley made.
CEOs at fellow EV startups aren’t making anywhere near Rawlinson’s total compensation, either. Rivian Automotive CEO Robert Scaringe earned roughly $1 million in 2022, even though his company is now worth over $22 billion, over 50% more than Lucid Motors’ roughly $14 billion.
Keep in mind that Lucid lost over $2 billion over the last year. Now, startups can take a while before they turn profitable, but paying the CEO of an unprofitable company hundred of millions of dollars to boost the stock price of a money-losing company sounds awful pump-and-dumpish to me. The EV space is hardly free of companies that turned out to be run by fraudsters.