We need a general tweet of the day thread
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Bing Crosby, Don Larson and John Brodie.
And about 65% of the doctors in Spokane.
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It might be a bunch of fun to run this POS out of town.
I'll have to research.
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Lake Pend Oreille is deeper. Way deeper!
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I would imagine they had a little chat that included Facebook/Meta and censorship…
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used to swim in that with my cousins as a kid
CS, Bill
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He knew the day Trump was shot he would win.
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Invite?
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That might be the Dazzler.
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Apparently Zuckerberg and Meta still don't like the first or second amendment. Scratch a leftist find a fascist.
https://ace.mu.nu/
Smith & Wesson Deplatformed From Facebook As Musk Welcomes Gun Industry To Xby Tyler Durden Friday, Nov 29, 2024
In an X post, the US firearms manufacturer Smith & Wesson described how it was "suspended indefinitely" from Facebook over the social media platform's "ever-changing community guidelines on firearms."
"Despite our extensive efforts and resources spent on trying to adhere to Facebook's ever-changing community guidelines on firearms, our account was suspended indefinitely on Friday, November 22nd, 15 years after its original creation," Smith & Wesson wrote days ago.
Smith & Wesson thanked Elon Musk and X for upholding "free speech and the right to bear arms" in an era of constant attack by the Biden-Harris regime and their anti-gunner billionaire friends who fund a network of radicalized non-profits with one goal: undermine the Second Amendment.
"In an era where free speech and the right to bear arms are under constant attack, we want to thank @elonmusk and @X for supporting free speech and our constitutional rights guaranteed by the 1st and 2nd Amendments," the gun company wrote on X.
They added: "While we work to reinstate our account, we encourage our 1.6 million Facebook followers and fans to seek out platforms that represent these shared values."
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Is it too late for a real Muslim ban on young, single males for immigration into first-world countries, and not the one the Left made up during Trump 1.0?
“Hey, I need amnesty from a place the religion I practice fucked up badly. Let’s try it here and you idiots can pay for it.”It’s like Communists saying it’s never been done right, but this time it will work.
We will need that Hawaiian judge Obama appointed to weigh in on it.
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@RaceBannon was actually there
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Kash for the win! Some gray bar hotel time would be good for Schitff!
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Where are all the homeless?
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OBK was here
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All you need to know about the current state of affairs and administration.
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Imputing a double standard of justice and selective prosecution is a sign of a white supremacist if there ever was one.
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Update on the miracle of the EV revolution. We evolved from horses as horse power to the internal combustion engine without government mandates and subsidies. Just an organic revolution through capitalism and the free market. Same with no phones, to analog phones to digital smart phones. But, the promise of efficient competitive electric vehicles has remained a promise for over a hundred years. If there is a niche for EVs then Tesla meets that niche for well-off purchasers and the don't need the current $7,500 federal subsidy. The rest?
PS It's amazing the number of posts from our Tug leftards that whine about following the science and yet there never is a post supporting the billions in subsidies for EVs, solar and wind while remaining silent about the hundreds of coal plants being built by the chicoms and Indians. Then toss in the claim that conservatives are stupid while the leftard elites are the ones to follow. Geezus.
https://ace.mu.nu/
EV Death Pool Update: Rivian
Rivian is performing in a manner that according to any historical business metrics would have it on the path to bankruptcy in the very near future. The EV manufacturer is producing staggering losses, it is rapidly burning through its cash, and its already weak revenue figures have peaked and are now in decline.
Rivian continues to lose over $30,000 on every vehicle it sells, and with a negative gross profit margin, there is no sales volume that would be profitable.
Expectations are being lowered to minimize how “unexpectedly” bad Rivian’s Q4 will be. Concurrently, Rivian continues to burn cash like it’s being consumed by a runaway thermal lithium fire. Over the past 9 months, Rivian has burned through more than $2.4 billion in cash, leaving it with just $5.4 billion.
In the quarter ended Sept. 30, Rivian said its cash and cash equivalents were $5.4 billion, compared with $7.86 billion in the fourth quarter of last year.
For some inexplicable reason, struggling automaker Volkswagen is trying to throw Rivian a $5.8 billion lifeline. VW desperately needs to liberate itself from its destructive commitment to EVs, but instead, it is aligning itself with Rivian, which makes as much sense as the fabled K-Mart/Sears merger, may it rest in peace.
Meanwhile, the Biden administration just announced that it is granting Rivian a $6 billion federal “loan” to re-start construction on its suspended new plant in Georgia.
A nearly $6 billion federal loan will help electric-vehicle manufacturer Rivian restart construction of a $5 billion vehicle and battery plant near Covington, U.S. Sen. Jon Ossoff, D-Ga., announced Tuesday.
"There was real concern last spring that construction would never start," Ossoff told reporters Tuesday morning in an online briefing. "What we have now is a major step forward to make sure this plant is built in Georgia."
There is abundant excess capacity at Rivian’s existing Illinois plant, so there is no reason to build a plant in Georgia, and even if there were some product demand, subsidizing the plant with US tax dollars is offensive. And yes, this is a subsidy. If this were a viable project, banks would be lending the money. This “loan” will almost certainly never be repaid.
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Gangster Government Choosing EV Winners and Losers
Tesla founder Elon Musk has famously supported Donald Trump, and he also supports elimination of the government’s $7,500 EV tax credit. This is because Tesla doesn’t need the tax credit to be profitable selling its EVs, while Tesla’s competitors do not have any model for profit in the EV game without the government subsidizing its EV sales.
So, in the upside down world we live in, in which the government seeks to pick winners and losers, the Biden administration is seeking to choose Rivian as a winner by giving it $6 billion. Meanwhile, in California, which is the country’s biggest market for EVs, Governor Gavin Newsom is trying to make Tesla a loser in the EV marketplace, by explicitly targeting Tesla for retaliation.
Specifically, with the Trump administration seeking to eliminate the federal EV tax credit, California is not giving up yet on the all-electric dream, so Gov. Newsom is proposing to have California fund its own EV tax credit…with a catch. Tesla vehicles would be specifically excluded.
Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax credit for EV purchases, Governor Gavin Newsom's office said on Monday.
This is effectively no different than Newsom announcing that he is imposing a stiff Tesla-only tax. This gangster-style of government that Gavin Newsom embodies is the reason that Tesla relocated from California to Texas, and it certainly influenced Musk abandoning the Democrats in disgust.
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The Climate Cult’s War on Auto Manufacturing Jobs
Meanwhile in Europe, there has been a burst of announcements regarding automobile manufacturing plants being closed and auto workers getting laid off. This is a direct result of the “EV transition” that Europe’s leaders have tried to impose.
Stellantis (Chrysler, Vauxhall, Fiat, Peugeot, etc] just dropped some awful news on the British auto industry…
Vauxhall's parent company Stellantis has announced plans to close its van plant in Luton, days after it warned the government that it could slash production in Britain over Labour's
tough electric vehicle sales targets.
Ford is eliminating 4,000 jobs in Europe, mostly in Germany and the UK, because of the failed EV transition.
“Ford to cut 14% of European jobs, blaming EV shift and rising competition” [CNBC – 11/20/2024]
Ford said on Wednesday it would cut around 14% of its European workforce, blaming significant losses in recent years compounded by weak demand for electric vehicles, a lack of government support for the shift to EVs, and rising competition.
This comes just a few weeks after VW announced massive layoffs of its own, and the unprecedented announcement of multiple plant closures, also due in large part to the failed EV transition.
The domestic factory closures would be the first in Volkswagen’s 87-year history, and they lay bare the challenges facing Germany’s largest manufacturer.
This is all part of the European ruling class’ eco-war against the working class. The Davos crowd would be wise to back off sooner rather than later, since pushing people out of work and into despair is a political form of lighting a fuse which might not be extinguishable.
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Next, the miracle of battery economics in western societies that follows clean manufacturing requirements. Even Goldman Sachs trying to gin up its CSR (Corporate Responsibility Score) decided that throwing away a $1 billion of investor money was worth it for building unicorn batteries. Much better to virtue signaling by buying dirty chicom batteries because out of sight is out of mind. That's the smart intelligent way to manage your economy.
https://ace.mu.nu/
European EV Battery Dream Just Died
When the global eco-communists decided to “transition” the car industry, we were all assured that new jobs in the EV industry would replace the lost jobs. Battery manufacturing was one of the industries that was supposed to produce jobs. That dream has pretty much just died in Europe with the bankruptcy of Northvolt.
“Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions” [Reuters – 11/21/2024]
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most developed battery player would reduce Western car makers' reliance on Chinese rivals.
"Northvolt's liquidity picture has become dire," the company said in its Chapter 11 petition, filed in U.S. Bankruptcy Court in Houston.
This will mean that pretty much all EV battery production will come from China now. An alternative – and I know this is crazy talk – is not to mandate electric vehicles and not import EV batteries at all.
Goldman Sachs’ Investors Fleeced by EV Battery Investment
I’m not sure if I’m feeling schadenfreude or if I’m just glad that important financial lessons are being learned. Either way, this is a nice palate cleanser to end today’s roundup…
The losses mark a sharp contrast to a bullish prediction just seven months ago by one of the Goldman funds, which told investors that its investment in Northvolt was worth 4.29 times what it had paid for it, and that this would increase to six times by next year.
A fool and his money are soon parted, and there are a lot of credentialed fools who bought into the EV hype.
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My daughter drives a Rivian - it's a cool vehicle and she likes driving it.
I've not had the heart to tell her that's its going to be worthless in a couple
yearsmonths after they go out of business. -
Passed one going down I-5 the other day and slowed and looked it over. So were other vehicles passing it. Looks a lot more "trucky" than the thing that Elon made. But, when your business model is to have a gross margin of a negative $30,000 on each truck sale, you can't make it up on volume even if you have a boat load of mythical leftard MBAs on staff to advise you.
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What in the actual fuck?
Pray for @DerekJohnson and his Korean fetish.
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@DerekJohnson suddenly comes out in defense of mass migration.
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Looks like the CIA is pushing all the chips in everywhere.
