Paying 20% interest on a $100k loan means you are probably not very good with money
Complete speculation on your part. Maybe I am great with money. Oh, and people were paying nearly 20% back in the early 80's for a basic mortgage. It had nothing to do with 'desperation', that was just the going rate back then. http://mortgage-x.com/images/graph/r_30_prime.gif
And lets say you use something for collateral like your home.
I keep hearing things like this, but basic economic principles will prevent this from happening. Some company/investor/entrepreneur is going to fill the credit need. If I go into a bank (with good credit history and income) and say, "Please give me a $100k loan. I'm willing to give you 20% interest on it.", do you think they would turn me down? Hell no. They would lock the doors to make sure that I didn't leave the bank without signing the papers.
You mean the two-seater? Of course a full size 4-5 passenger car won't have as low a drag coefficient.
Today's Electric cars should be going hundreds of miles.
Sure, its' called a Tesla. If you have $100k laying around, go ahead and buy one.
Sure the 'average' drive is only 33, but that means many are going more than that.
So, a car that will work fine for half the population is no good? There won't ever be a single vehicle type that will fit everyone's needs. And since a lot of commuters sit in stop-and-go traffic, an electric engine that doesn't idle and waste power is perfect. Plus, you can try to charge the car at work to get 80 miles of battery run-time each day.
This is like a drug dealer - I'll give you a free taste for 40 miles, but then you'll have to pay.
No, you pay for the first 40 miles, but it is just more efficient and cheaper.
It doesn't look any different than a Malibu.
So, you are worried about it's looks?
Bob Lutz - This guy needs to retire.
What does he have to do with the performance of the car?
GM claims it's as high as 150mpg, and Motor Trend is more comfortable saying it's 48.Either way, this is lower than either the Prius or the insight,...it's in the middle of the pack for average hybrid economy.
various sources are now reporting that it will be more like $40-$45K unless GM chooses to 'subsidize' the price -in which case it will not be sustainable. Not exactly a car for the masses either way.
Wow, so a new type of car that is being produced for the first time that uses expensive batteries will cost more than a mass produced car that has been in production for years/decades? Thanks, Mr. Obvious!
Why not, just to throw a wild idea out, take a portion of the bad dept on for the people who are getting kicked out. I mean like buy 1/2 or 2/3 of the dept from the citizens affected, so they aren't evicted.
So, my taxes, that came out of my pocket, should pay off the loan of another person? Why stop there? Use my money to pay people's rent, utilities, etc.
People seem to think that a person losing their home is the end of the world. Rent an apartment (people do it all the time), and make sure you save wisely enough to be able to pay for your house next time.
The chevy volt will fail because it will cost $50,000.00US by the time it's released.
Pure speculation on your part, since GM has been estimating $35,000. Care to give a source for your 50k claim?
If you get a Smart fourtwo as a hybrid that get's 80-100mpg for $19,000 you will have a car that will out-sell any other car in history.
Wow, so you think that a car that gets double the mileage of anything else on the road that cost the same will sell like crazy? Thanks, Mr. Obvious. Too bad that the smart only gets 33/41 MPG. Hybridizing a car doesn't magically double the mileage.
If he could only see the operator and not the screen, then how did he know he was watching porn? And how did he see the address that the guy typed in?
Let me state that again: Since the victim was able to get information about what was happening on the screen (porn, address entered), he must have been able to see the screen. Most likely using a program like VNC, which allows you to see the screen of the remote computer.
What, you thought the guy was staring at the lower abdomen of the thief all day? How does that help him find his laptop?
"Ah-ha, he has a beer belly! He must hang out in bars a lot! I'll just go to every bar until I find him."
At no point in the article did they mention Jose Caceres using the camera for anything. There was mention of some women in a similar situation using the laptop camera to take pictures.
You mean the congress that is fully controlled by the Democrats right now? Yeah, shame on the Republicans for forcing the Democrats to put through this stupid bailout.
Good thing he did that after the election. Oh wait, no, it was absolutely pointless to do it after the election, since no one gave a flip about him at that point.
Wow. Now I understand why my European colleagues make fun of American schools and the poor reading comprehension that they teach.----He didn't say that the war started in 1941, he said we were attacked in 1941
Well, the threat of that should make them work harder to avoid being "damaged", "outcast" and a "psychological wreck". I use the quotes because your assertion is pure BS speculation.
My best friend in high school had been held back a year when he was younger, and he was the most outgoing, wisecracking flirt you've ever seen. He actually helped bring me out of my social shell. He was the exact opposite of what you describe.
Also, you could dangle a little carrot in front of the held back student. "If you do well enough retaking this class, and take some makeup summer school classes, we'll let you move up to your original grade".
If you can only get a 20% in a grading period, you have no business going to the next grade level anyways. Give 'em an F and tell them that if they don't get their act together, they'll stay in that grade until they do.
If everything is balanced out, and the holding force is zero, then you couldn't ever use the cable to lift anything into orbit. The moment you have an elevator pull itself up along the cable, the counterweight+cable would begin to be pulled towards the Earth. You have to have some tension in the cable to allow for a payload to be pulled up.
Think of it this way. Say I am on the top floor (orbit) of a building holding a rope that runs all the way to the ground. The rope is not connected to the ground, so I am just letting the rope hang loosely (zero holding force). Then you (elevator) come along and try to start climbing the rope. I have to pull up with some force to counteract your climbing, or you will yank me and the rope down to ground level (the counter-weight in space doesn't have any way to 'pull up'). Now, tie that same rope to the ground, and have me pulling the rope up with some force. The rope is now nice and tight. If you come along and try to climb it, I won't notice any change (assuming I am much stronger than you are heavy).
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Paying 20% interest on a $100k loan means you are probably not very good with money
Complete speculation on your part. Maybe I am great with money. Oh, and people were paying nearly 20% back in the early 80's for a basic mortgage. It had nothing to do with 'desperation', that was just the going rate back then.
http://mortgage-x.com/images/graph/r_30_prime.gif
And lets say you use something for collateral like your home.
Never said I was using anything for collateral.
won't be able to borrow money at any price.
I keep hearing things like this, but basic economic principles will prevent this from happening. Some company/investor/entrepreneur is going to fill the credit need. If I go into a bank (with good credit history and income) and say, "Please give me a $100k loan. I'm willing to give you 20% interest on it.", do you think they would turn me down? Hell no. They would lock the doors to make sure that I didn't leave the bank without signing the papers.
Why not make it at least as low as the EV1?
You mean the two-seater? Of course a full size 4-5 passenger car won't have as low a drag coefficient.
Today's Electric cars should be going hundreds of miles.
Sure, its' called a Tesla. If you have $100k laying around, go ahead and buy one.
Sure the 'average' drive is only 33, but that means many are going more than that.
So, a car that will work fine for half the population is no good? There won't ever be a single vehicle type that will fit everyone's needs. And since a lot of commuters sit in stop-and-go traffic, an electric engine that doesn't idle and waste power is perfect. Plus, you can try to charge the car at work to get 80 miles of battery run-time each day.
This is like a drug dealer - I'll give you a free taste for 40 miles, but then you'll have to pay.
No, you pay for the first 40 miles, but it is just more efficient and cheaper.
It doesn't look any different than a Malibu.
So, you are worried about it's looks?
Bob Lutz - This guy needs to retire.
What does he have to do with the performance of the car?
GM claims it's as high as 150mpg, and Motor Trend is more comfortable saying it's 48.Either way, this is lower than either the Prius or the insight,...it's in the middle of the pack for average hybrid economy.
150 MPG is much better than the Prius, and 48 is the exact same as the Prius. And the Prius has no 'battery only' driving option. It's gas all the time. And the Insight is expected to only get about 40 mpg http://wot.motortrend.com/6300311/auto-news/take-that-prius-honda-insight-pricing-will-start-near-19000/index.html
various sources are now reporting that it will be more like $40-$45K unless GM chooses to 'subsidize' the price -in which case it will not be sustainable. Not exactly a car for the masses either way.
Wow, so a new type of car that is being produced for the first time that uses expensive batteries will cost more than a mass produced car that has been in production for years/decades? Thanks, Mr. Obvious!
Why not, just to throw a wild idea out, take a portion of the bad dept on for the people who are getting kicked out. I mean like buy 1/2 or 2/3 of the dept from the citizens affected, so they aren't evicted.
So, my taxes, that came out of my pocket, should pay off the loan of another person? Why stop there? Use my money to pay people's rent, utilities, etc.
People seem to think that a person losing their home is the end of the world. Rent an apartment (people do it all the time), and make sure you save wisely enough to be able to pay for your house next time.
Where are you getting these figures? They're not exactly correct.
http://gm-volt.com/chevy-volt-faqs/
This isn't Chevy's official site, and it might be out of date. Chevy's official site (I believe) use to have the 50 MPG claim, but it isn't there anymore. That might be because they are trying to get some type of combined electric/gas equivalent MPG rating of 100 MPG from the EPA:
http://www.canada.com/victoriatimescolonist/cars/story.html?id=6a8c4641-3318-4b0c-813d-951db9742907
I don't know if there is a more current estimate for pure gasoline MPG.
Where are you getting your 30 MPG from? And please clarify your 10 reasons for this idea as being 'laughable'
The 50 MPG is based on using only the gasoline generator without any energy input from the batteries.
So, if you start up in the morning with completely dead batteries, you can still drive and get 50 MPG.
The chevy volt will fail because it will cost $50,000.00US by the time it's released.
Pure speculation on your part, since GM has been estimating $35,000. Care to give a source for your 50k claim?
If you get a Smart fourtwo as a hybrid that get's 80-100mpg for $19,000 you will have a car that will out-sell any other car in history.
Wow, so you think that a car that gets double the mileage of anything else on the road that cost the same will sell like crazy? Thanks, Mr. Obvious. Too bad that the smart only gets 33/41 MPG. Hybridizing a car doesn't magically double the mileage.
The Chevy Volt seems to be using two basic metrics.
1. How far you can run on fully charge batteries (40 miles)
2. MPG when the generator kicks in (50 MPG)
If he could only see the operator and not the screen, then how did he know he was watching porn? And how did he see the address that the guy typed in?
Let me state that again: Since the victim was able to get information about what was happening on the screen (porn, address entered), he must have been able to see the screen. Most likely using a program like VNC, which allows you to see the screen of the remote computer.
What, you thought the guy was staring at the lower abdomen of the thief all day? How does that help him find his laptop?
"Ah-ha, he has a beer belly! He must hang out in bars a lot! I'll just go to every bar until I find him."
At no point in the article did they mention Jose Caceres using the camera for anything. There was mention of some women in a similar situation using the laptop camera to take pictures.
Yeah, it must have been sooooo frustrating to have to sit there and watch that porn. Poor bastard!
You mean the congress that is fully controlled by the Democrats right now? Yeah, shame on the Republicans for forcing the Democrats to put through this stupid bailout.
You seemed like a reasonable guy until you said "donating money to... Al Franken."
Good thing he did that after the election. Oh wait, no, it was absolutely pointless to do it after the election, since no one gave a flip about him at that point.
The statement you quote is not listed in your source link anywhere, since you only linked to wiki's main page.
Wow. Now I understand why my European colleagues make fun of American schools and the poor reading comprehension that they teach.----He didn't say that the war started in 1941, he said we were attacked in 1941
Yep, 'cause a war or two really saved Bush's presidency!
The footprint of a business card, not the thickness of one. RTFS
From his 'response':
With enemies this foolish, Thompson needs only the loyal friends he has.
I have some bad news for you, Jack: Your Mom and Dad don't count as 'friends'... and they can't stand you anymore either.
2. Let's see your feelings when your 13 year old takes your credit card for a spin online and puts you in several deep holes.
Yeah, because online gambling is the only way for a 13 year old to run up your credit card.
Well, the threat of that should make them work harder to avoid being "damaged", "outcast" and a "psychological wreck". I use the quotes because your assertion is pure BS speculation.
My best friend in high school had been held back a year when he was younger, and he was the most outgoing, wisecracking flirt you've ever seen. He actually helped bring me out of my social shell. He was the exact opposite of what you describe.
Also, you could dangle a little carrot in front of the held back student.
"If you do well enough retaking this class, and take some makeup summer school classes, we'll let you move up to your original grade".
If you can only get a 20% in a grading period, you have no business going to the next grade level anyways. Give 'em an F and tell them that if they don't get their act together, they'll stay in that grade until they do.
Yeah, that will be real useful.
"There is a 90% chance of rain in Omaha on Wednesday, October 6th, 4008"
To get what? The joke? Or a piece of ass?
If everything is balanced out, and the holding force is zero, then you couldn't ever use the cable to lift anything into orbit. The moment you have an elevator pull itself up along the cable, the counterweight+cable would begin to be pulled towards the Earth. You have to have some tension in the cable to allow for a payload to be pulled up.
Think of it this way. Say I am on the top floor (orbit) of a building holding a rope that runs all the way to the ground. The rope is not connected to the ground, so I am just letting the rope hang loosely (zero holding force). Then you (elevator) come along and try to start climbing the rope. I have to pull up with some force to counteract your climbing, or you will yank me and the rope down to ground level (the counter-weight in space doesn't have any way to 'pull up'). Now, tie that same rope to the ground, and have me pulling the rope up with some force. The rope is now nice and tight. If you come along and try to climb it, I won't notice any change (assuming I am much stronger than you are heavy).
There's nothing about the design of the space elevator that requires it to be tied to the earth in any way.
Well, I think we would not want the counter-weight to go flinging off into space.