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Tag Archives: auto

  • Daily Digest
    Image by Leonid Mamchenkov, Flickr Creative Commons

    Daily Digest 3/22 – Eating On The Poverty Line, Will Cyprus Go The South American Way?

    by DailyDigest

    Friday, March 22, 2013, 4:53 PM

    6
    • Le Monde Headline "No, France is Not Bankrupt"
    • Will Cyprus go the South American way?
    • US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions
    • Shopping on the poverty line – what can you eat?
    • Indonesia's wage wars
    • What You Think Is True Might Be False and Costly
    • Michael McKay: 'We're On The Verge Of Being Mugged By Our Governments'
    • Why Renewable Energy is so Attractive to Google
    • With a Big If, Science Panel Finds Deep Cuts Possible in Auto Emissions and Oil Use
    • Petroleum Use, Greenhouse Gas Emissions of Automobiles Could Drop 80 Percent by 2050; Efficiency, Alternative Fuels, and Strong Government Policies Will Be Needed

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  • What Should I Do?
    Mat Stein

    Car Survival Tips for a Blizzard

    Being prepared for when you are stranded with your car durin
    by Mat Stein

    Wednesday, February 13, 2013, 4:11 AM

    1

    [NOTE: This article is adapted from When Disaster Strikes: A Comprehensive Guide for Emergency Planning and Crisis Survival]

    What should you do if you are stuck in your car during a killer snowstorm?

    In mid-December of 1992, unusually dry conditions had people cancelling their reservations for Christmas in Tahoe, but then the weather changed. A couple days before Christmas, it started snowing, and for the next three months it seemed to barely ever stop! The week between Christmas and New Year's, we averaged two feet of snow each day at our home in Truckee, and at nearby Donner Summit they averaged around four feet a day! The storms were so bad that at one point Highway 80 over Donner Summit was continuously closed for three days.

    As the storm increased in intensity, the stream of bumper-to-bumper holiday traffic heading toward Reno moved slower and slower, eventually slowing to a complete stop. The snow kept falling at a rate of more than two inches an hour, burying thousands of stranded vehicles. Highway 80 over Donner Summit had turned into a 75-mile-long parking lot! Emergency vehicles could not get through. Snow plows could not get through. Cars ran out of gas from people idling their engines in attempts to stay warm. It was a three-day process to painstakingly remove each snow-bound car, one by one, along 75 miles of freeway. The restaurants and stores in Truckee ran out of food, and there were no available beds at any of the inns and hotels. Hundreds of stranded travelers slept on their jackets on the local high school's gymnasium floor and they were the lucky ones compared to those who had been stranded in their cars, out of gas and freezing cold!

    Every winter, thousands of people are stranded while driving in the snow. On more than one occasion, I have been overly confident in my abilities to drive in hazardous icy and snow covered roads, forgetting that while I may know how to drive in the snow, that does not mean the other guy does. When driving in winter weather, it is best to heed the old Yankee saying: Hope for the best, but plan for the worst!

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  • Blog

    Daily Digest – June 14

    by Davos

    Sunday, June 14, 2009, 2:54 PM

    0
    • Financial Sense News hour 3, June 6 (Repost, Audio)
    • Predictions of $250 a barrel on fears for oil reserves, hopes of economic recovery and hedging against weak dollar
    • The Economic Recovery Decoy: Bank Refuge and Auto and Home Sales Plummet. Two Largest Purchases for Americans still Treading Water. Number of Renters Increases by 748,000 in one Quarter.
    • A housing recovery? Not even close.
    • An urgent Message from Jim Sinclair. Re: GOLD and SILVER
    • Keep in mind that whenever we’re talking “bonds” or “Treasuries,” what we’re really talking about, of course, is DEBT
    •  California [World’s 8th Largest Economy] Controller Releases May Cash Flow Figures…“Fifty days from a meltdown of State government.”
    • Z.1 Flow of Funds: Total Debt Still Growing
    • Foreclosures Up 18% (Chart)
    • I/O Mortgages Hit Commercial Real Estate
    • * * * * ABBY NORMAL (Repost)

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  • Blog

    Daily Digest – Feb 4

    by Davos

    Wednesday, February 4, 2009, 1:14 AM

    0
    • IBM Offers To Move Laid Off Workers To India
    • President Obama to water down ‘Buy American’ plan after EU trade war threat 
    • California Pension Funds Close To Bankruptcy
    • California issues IOUs instead of cheques
    • Hundreds line up for days for Miami firefighter positions 
    • U.S. Property Owners Lost $3.3 Trillion in Home Value 
    • Ford US sales plunge 40 pct., Toyota down 32 pct.
    • GM (GM) January Sales: Odds Of Chapter 11 Go Way Up
    • Chart, Auto Sales
    • Chart, US Vehicle Sales
    • Chart, New Home Sales
    • Pending Home Sales… Foreclosure Boom (Chart in article)
    • Chart, Homeowner Vacancy Rate
    • U.S. Home Ownership Rate Falls to 7-Year Low 
    • Funny Colbert Report Video 
    • U.S. Dollar 
    • Treasury to Outline Bank Plan Next Week 
    • The Economy and the Future of Health Care (Hat Tip Christopher Peters) 

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  • Blog

    Daily Digest – Jan 15

    by Chris Martenson

    Friday, January 16, 2009, 12:20 AM

    0

    Davos is busy so I am filling in here today…

    • Group Led by Volcker Urges More Oversight of Banks
    • Retail sales dive as holiday spending slumps
    • U.S. 2009 auto sales seen at 27-year low
    • Argentine Peso Worst Latin Currency on Devaluation
    • Economic downturn pounds commercial real estate market
    • Warning that house prices may fall by 80%
    • Group Led by Volcker Urges More Oversight of Banks

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  • Blog

    Daily Digest – Jan 7

    by Davos

    Wednesday, January 7, 2009, 1:40 AM

    0
    • Metal loses its mettle: Alcoa (AA) cuts like crazy even though it is profitable
    • More observations on the economy, and none of them good
    • Minutes of the Federal Open Market Committee December 15-16, 2008 
    • German billionaire Merckle takes his life amidst financial crisis 
    • Economic slump weakens pending home sales 
    • A sign that credit is going to flow (chart)?
    • The very flawed weekly mortgage applications survey
    • Auto sales (chart)

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  • Blog

    Daily Digest – Jan 6

    by Davos

    Tuesday, January 6, 2009, 1:59 AM

    0
    • U.S. auto sales continue to skid 
    • November 2008 construction at $1,078.4 billion annual rate
    • Office vacancies soaring, rents falling in major cities 
    • Preview: pending home sales to fall for third straight month 
    • Hoteliers see too much room at the inn 
    • The problem of "Burn Rate" hits mainstream companies 
    • New York Fed begins MBS purchase program 
    • By the numbers – How 2008 shakes out  
    • Obama says economy ‘getting worse’ 
    • Gold Wars (Audio)

     

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  • Blog

    Daily Digest – Dec 29

    by Davos

    Monday, December 29, 2008, 5:29 PM

    0
    • As if Things Weren’t Bad Enough, Russian Professor Predicts End of U.S.
    • How Iceland Collapsed, (video)
    • Crisis deepens in Japan and China as Asian exports plunge
    • Cars leaving lots without drivers
    • Cars pile up at the wharves (video)
    • Fifty Herbert Hoovers
    • Venezuela to seize gold concessions as oil falls
    • Private Equity Firms Are Near Deal to Buy IndyMac
    • Kulongoski to pursue mileage tax
    • 21 Dumbest Moments in Business 2008

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