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Author Topic: Blasts from the 2012 to 2013 past when there was more HOPE 🌟  (Read 3455 times)

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AGelbert

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Quote
AAG, Ray Kurzweil would tell you The Singularity Is Near.
Surly,
It would be quite an experience to live through that!

Here's some news that proves some wealthy folks have their thinking cap on. 👍


A Tesla in every driveway?



A look at wealthy towns in California reveals that the luxury electric-car maker is selling Model S's as fast as it can make them.

By TheStreet Staff Mar 12, 2013 11:27AM

http://money.msn.com/technology-investment/article.aspx?post=09e1209a-0b00-494f-9ce6-3d03efd3de4d


Quote
Here I am struggling to prep for Armageddon, and I coulda had an electric Porsche for the same money.

Eddie,

Perhaps there is a place for an EV in your prepping plans. Consider that an EV motor pumps out about 80 kw. An average house never needs more than 15 kw to run everything normally. If you can keep the EV charged with solar panels, you've got an auxiliary power plant to easily run your refrigerator for a couple of days in an emergency plus a mode of transportation that never needs fossil fuel. 👍

At any rate, as this quote from the MSN money article on the Tesla points out, more EVs (and more reasonably priced!) are coming.

Quote
The point here is this: Tesla cars are, of course, not yet commonplace all over the country. However, at ground zero, in its home market, the luxury-sedan market share has already hit 100% based on my personal observations. Given how many cars are sold every year in the major California coast cities -- San Francisco, Los Angeles and San Diego -- Tesla may not need to sell a single car anywhere else in the world, ever. It can easily sell the 20,000 to 30,000 cars it has planned to sell every year in California coastal cities alone.

Other carmakers are taking note of this steep adoption curve in Silicon Valley. The major carmakers are spending billions of dollars preparing their answers to Tesla, Chevy Volt and Nissan LEAF.
There will be an onslaught of models from all carmakers entering production starting already this year and accelerating all the way to 2018.
👍
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Senator Elizabeth Warren gives 'em "what fer!".

Elizabeth Warren - Senate HELP Committee - Minimum Wage

[b]Elizabeth Warren Debunks GOP Talking Points on Minimum Wage[/b]
Posted on Mar 18, 2013
[/i]

Sen. Elizabeth Warren, D-Mass., continues her crusade against big financial institutions and businesses, this time tearing apart an argument by a restaurant owner who testified before a Senate panel Thursday that raising the minimum wage would force businesses like his to fire employees. Much like former Labor Secretary Robert Reich did in this video, Warren dismantled that popular right-wing talking point on why the minimum wage should not be increased.

When Warren pointed out during the hearing that McDonald’s could raise its wages to $10.10 an hour simply by increasing the cost of its meals 4 cents, David Rutigliano tried to argue that his full service restaurant doesn’t run the same way.

“McDonald’s has efficiencies and they operate completely differently than I do. I have many jobs, many jobs that pay well above minimum wage,” Rutigliano said. “We have a retirement plan. We offer health insurance to our salaried employees. So my business is a little different. I can’t raise a 4 cent price. I mean I don’t have, I don’t operate like a fast food restaurant. I would hope you appreciate the distinction.”

But Warren wasn’t having any of that. “I do appreciate the distinction and I’m not going to be in the business of being a McDonald’s representative but they would talk about having some higher paid jobs and some opportunities for management and advancement as well,” she responded. “But I get your point, maybe it’s only 4 cents on $7.19. But if your entrees are $14.40 we’ll see how fast I can do the math—are you telling me you can’t raise your prices by 8 cents?”

Warren also noted that wages have not been keeping up with productivity, and if they had, the minimum wage would be about $22 today. That’s $14.75 higher than the actual federal minimum wage.

(h/t BoldProgressives)

http://www.truthdig.com/avbooth/item/elizabeth_warren_debunks_gop_talking_points_on_minimum_wage_20130318/

He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Agelbert NOTE: Eddie did follow through with his plan to buy an EV (I still can't afford one  :() and now drives a Volt ⚡.

That said, he was totally wrong about Tesla, which is now making more excellent EVs than ever.  

I fully support development of electric cars and feel that eventually they will be commonplace, if not the primary means of transport. But right now, we have a situation where the owners of such vehicles get a number of tax breaks that are of debatable value to the country as a whole. We're talking about fairly affluent people here (ones who can afford a 100K+ car).

They get a $7500 tax credit (equivalent to more than a 20K tax deduction for those in a high marginal rate tax bracket). They also get to NOT pay the fuel tax we pay at the pump for gas (in most places about 50 cents a gallon). At the same time they are driving a car that very well might gets its energy indirectly from a coal-fired power plant. ( Last I checked, I think 60% of our electricity comes from coal.)

I think Tesla will likely not make it as a going concern due not to anything having to do with their cars, but simply because they are unaffordable to most Americans. I know they say they're doing okay right now. Let's see where they are in five years.They were always a niche market rich man's car.

(Unless the government gives them more money. They already have been the recipient of 465 million in government loans, which to their credit, they are paying back early at the moment.)

I intend to buy an electric car in the next two years myself, but not a Tesla. Most likely I'll go with the plug-in Prius or even a Volt(if those are still in production). I drive too many long commutes to depend on a completely electric car unless battery breakthroughs change the game. I had a regular Prius, which I gave to my daughter. I liked that one.

Quote
I intend to buy an electric car in the next two years myself, but not a Tesla. Most likely I'll go with the plug-in Prius or even a Volt(if those are still in production).

Eddie,
This is my plan as well. As to the rebates for EV purchases, when compared to the massive hidden subsidy to big oil that ICE (Internal Combustion Engine) type cars are getting along with Government bailouts whenever they get squeezed, it is small potatoes. Considering what is coming out of ICE car tailpipes, we are being robbed by these supposedly "cheap" cars (see the interview with Robert F. Kennedy Jr.).

Now here's some food for thought about what it means to be a productive (i.e. fullfilled AND happy) human being.


Virtues Of The 21 Hour Work Week‏

British economist John Maynard Keynes wrote an essay in 1913 in which he predicted that by this time, we'd work an average of about 15 hours a week and we'd be 4 to 5 times richer.
 
That famously did not happen (See my post on "what happened to the $14.75?").

We are working more, earning less, and the whole culture is greedier, more exhausted, and much more damaging to the environment.

Meet some people who say that 21 hours is the ideal work week, that can reintroduce balance, sanity, health, ecological benefits, employment for all, and yes even increased prosperity into the equation.



About Time - 21 hours


Somehow, my favorite all-time economist, Scott Nearing, was able to run his subsistence farm with everyone involved working four hours a day. And he was so healthy he had to stop eating to be able to die when he was 100 years old and ready to depart this mortal coil.

He always said you have to be vegetarian to do that, because it takes too much work to raise animals. Maybe he was right.

Me, I will work for bacon.


Eddie, this one's for you.


Where's the Scallops??   :D

That is just beautiful. Who says Americans have no high culture?

Are there teeny tiny filet mignon inside those bacon rolls? And how do they do that without toothpicks?    ;D
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Martian Badlands

Mars rover Curiosity sends images of Mount Sharp

by phenomenica on March 18, 2013

in Mars, Solar System, Space, Videos

Curiosity Rover Beams Back Hi-Res Mt. Sharp Images And A Human Voice


NASA’s Mars rover Curiosity has sent new images of Mount Sharp from the red planet, which is said to be higher than any mountain in the 48 contiguous states of the United States.

A pair of mosaics assembled from dozens of telephoto images shows Mount Sharp in dramatic detail.

The layered mound, also called Aeolis Mons, in the center of Gale Crater rises more than 3 miles (5 kilometers) above the crater floor location of Curiosity.

Lower slopes of Mount Sharp remain a destination for the mission, though the rover will first spend many more weeks around a location called “Yellowknife Bay,” where it has found evidence of a past environment favorable for microbial life.

A version of the mosaic has been white-balanced to show the terrain as if under Earthlike lighting, which makes the sky look overly blue.

White-balanced versions help scientists recognize rock materials based on their terrestrial experience.

The Martian sky would look like more of a butterscotch color to the human eye.
ANI
http://www.phenomenica.com/

He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Agelbert Lament: How times have changed. :( Gevo had a recent pop but has struggled all along, thanks to the Hydrocarbon Hellspawn 🦕🦖 that want to destroy all things related to Renewable Energy. With the Trump 🦀 tool of Big Oil 🦖 in power, it doesn't look good at all for Gevo

Gevo: An Undervalued Spec Play With Large Short Interest And Trading Below Cash Value
Feb 27 2013, 13:24  | 2 commentsby: bsiflingtrades  |  about: GEVO, includes: TOT Disclosure: I am long GEVO. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

The S&P 500 Index ETF (SPY) has had a little pull back over the last week, and when the macro market starts to sell off, money usually tends to flood into spec plays. We are now down trending under the 9 EMA on the daily chart, and will soon be confirming the move this week in my opinion.

The Background:

Now, as I was looking for new opportunities, I came across a speculative small cap company called Gevo Inc (GEVO). The business summary of the company is found below..

"Gevo, Inc., a development stage renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. The company develops Gevo Integrated Fermentation Technology, an integrated technology platform for the production and separation of isobutanol. Isobutanol is a four carbon alcohol for use as a specialty chemical or a value-added fuel blendstock, as well as could be converted into butenes, which are primary hydrocarbon building blocks used in the production of lubricants, rubber, plastics, fibers, other polymers, and hydrocarbon fuels. It also produces and sells ethanol and related products. Gevo, Inc. has a development agreement with BioFuel Energy Corp for production of isobutanol. The company was formerly known as Methanotech, Inc. and changed its name to Gevo, Inc. in March 2006. Gevo, Inc. was founded in 2005 and is headquartered in Englewood, Colorado."

There are many spec plays going around, but this is one that I think could eventually be bought out. However, on their own they can license production technique as well as sell a product directly to the market. The current administration in Washington has emphasized the importance of renewable energies and are creating a climate for companies like this to thrive. I detail many reasons below on why I think this could be the next big runner.

http://seekingalpha.com/article/1229831-gevo-an-undervalued-spec-play-with-large-short-interest-and-trading-below-cash-value?source=email_rt_mc_focus_1
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Agelbert NOTE: Surly is the most principled person at the Doomstead Diner. He is a man of integrity and good will. However, his diet choices worked against his health. He had heart surgery (though not a bypass - it had to do with Arrhythmia) in 2017. May his experience teach anyone reading this to eat a healthy diet.


Surly,
That's not a BLT!


That's a B-L-B-T-B heart attack cafe special!   

My dear fellow,

I suspect you of exerting undue influence in getting Eddie to "pig out"! ;D


No such thing as too much bacon.

Of course, I am saying this PRE-bypass.


« Last Edit: March 21, 2019, 11:00:17 pm by AGelbert »
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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ONVO 3D tissue printing has potential to do away with "animal model" testing by scientists. 👍👍 👍 

Checking In On Organovo

Mar 20 2013, 07:38  | 5 commentsby: Jason Napodano  |  about: ONVO.PK, includes: PFE, UTHR Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. (More...)

By Jason Napodano, CFA

On March 15, 2013, Organovo Holdings (ONVO.PK) reported financial results for 2012 and provided insight into the business plan for 2013. By all measure, 2012 was a banner year for the company, kicking off with the reverse merger late 2011 and financings to fund operations that took place in February and March 2012 and culminating with the highly successful warrant tender started late December 2012 and just recently completed earlier this month. In between, the company continues to operate on its business plan, which includes delivering on, expanding, and signing new business collaborations. Total revenues in 2012 were $1.197 million, consisting of recognition under agreements with United Therapeutics, Pfizer, and the NIH.

…Existing Collaborations…

In December 2010, Organovo entered into a $600,000 collaborative research agreement with Pfizer (PFE) to develop specific three-dimensional tissue based drug discovery assays in two therapeutic areas utilizing the NovoGen MMX Bioprinter technology. Pfizer has paid the company all $600,000 under the agreement, as Organovo delivered the constructs to Pfizer during the fourth quarter 2012. Constructs delivered by Organovo are currently being evaluated in Pfizer's laboratory. No specific timeframe has been given, but we suspect that Pfizer will come back to Organovo in the next six to twelve months. Ideally, Pfizer and Organovo will sign an additional agreement that expands the relationship at that time. We anticipate any new deal signed will provide an upfront payment, as well as the potential to earn development, regulatory, and sales-related milestones, as well as royalties on commercialized products.

In October 2011, Organovo entered into a $1,365,000 research agreement with United Therapeutics (UTHR) to establish and conduct a research program to discover treatments for pulmonary hypertension using the NovoGen MMX Bioprinter technology. The initial term of the collaboration was for 30 months. However, in November 2012, Organovo and United Therapeutics executed an amendment to the agreement adding additional research scope and providing for additional collaborative research funding. This new expansion of the agreement added $150,000 to the contract. To date, Organovo has recognized a total of $1,100,000 in payments from United Therapeutics. Based on the existing contract, $400,000 remains to be recognized in 2013.

…New Collaborations…

In December 2012, Organovo announced it started working together with Autodesk, Inc (ADSK) to create the first 3D design software for bioprinting. The software, which will be used to control the company's NovoGen MMX bioprinter, aims to represent a major step forward in usability and functionality for designing three-dimensional human tissues, and has the potential to open up bioprinting to a broader group of users.

Full article here:
http://seekingalpha.com/article/1288701-checking-in-on-organovo?source=email_rt_article_readmore

He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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