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  • Toyota: Examining the Solar-Car Rumors [View article]
    Here's the deal-----

    They realize the public majority don't understand 'Jack' about electricity and the laws of physics. So it's an easy way to promote some PR.
    Jan 03 09:28 am |Rating: 0 -1 |Link to Comment
  • Pre-packaged Bankruptcy Is GM's Only Option - Barron's [View article]
    Here's the math I just did on my H/P calculator. In 1940 my father bought the biggest Ford sedan new for $900. I'm just guessing today's cost at $40,000 what with sales tax, registration and all the mandated ripoffs. Divide 40,000 by 900 and you get an increase of 44.4 times the 1940 cost. Now take the 68th 'root' of 44.4 and this will give you the average annual compounded increase in cost for the 68 years. This works out to 5.736% per year compounded. So you can figure that no matter WHAT the government says-------inflation is going to be 6% compounded (or more) for the rest of your life and beyond.
    Nov 30 09:22 am |Rating: 0 0 |Link to Comment
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