Category: More Money Than Brains

We Don’t Need No Frozen Sparky Cars

Alternative Subsidy More Money Than Brains 33 Comments

True North;

A class action lawsuit is being brought before a Quebec court alleging that the battery performance of the Chevrolet Bolt – 2017’s “Green Car of the Year” – isn’t as advertised.

As reported by Blacklock’s Reporter, General Motors boasted that the 2017 Chevrolet Bolt was able to drive up to 383 kilometers before needing to be charged. However, plaintiffs in the lawsuit are alleging that the vehicle’s range during winter before requiring a charge is a lot lower than advertised.

“The range of the Bolt electric vehicle does not even reach 300 kilometres,” they claim.

They also say that colder weather drastically increases the battery’s charging time and that General Motors was “(a)ware of this situation as early as 2017 but knowingly omitted to mention it to the plaintiff and other members of the class.”

They deserve to have the suit thrown out. Anyone who would pay $38K for a vehicle with an advertised three hours of highway range is an idiot.

Magical thinking

Climate Cult More Money Than Brains You Might Be A Liberal 15 Comments

If I had a dime for every time a government predicted a budgetary surplus while simultaneously promising billions in new spending on a host of money-losing boondoggles, I might have enough to buy Twitter too. This question comes to mind: with “conservatives” like Ford in charge, who needs the Liberals?

Despite investments and enticements for voters — including a promise to invest more than $85 billion over the next 10 years to build highways, transit and other infrastructure projects to fight gridlock, boost the economy and create jobs — Ontario is projected to return to a surplus position by 2027–28. 

 

Chump change

Alternative Subsidy Climate Cult More Money Than Brains 43 Comments

Buried in the hoopla regarding the latest EV component plant being constructed in Ontario is one minor detail. Minor, that is, to everyone except those taxpayers who are going to receive the invoice. Not only is Ford not concerned about that, but he seems to believe that the bigger the subsidy invoice, the louder he can trumpet the news.

“I know between Ontario and Canada, we’re putting in hundreds of millions of dollars,” Ontario Premier Doug Ford said at a press conference on Wednesday morning. “I can’t divulge (how much), that would compromise negotiations with other companies going forward, but massive investment, hundreds of millions of dollars.”

Canada’s Mass Cowardice Psychosis

Baiting The Left Basic Dictatorship Historical Events Insufferable Twits More Money Than Brains The Libranos 34 Comments

Something very strange has happened to a large number of Canadians. You see it every day in the big cities. You witness it every day in the legqcy media. The heroic truckers tried to open a window of opportunity for all Canadians to realize that they no longer live in a free, liberal, Western democracy. Those with curious, open minds were woken up but it seems clear that many were not.

Perhaps the words of a wise foreigner might help awaken a few more Canadians:

Bieber Balls

More Money Than Brains 34 Comments

Up here in the Great White North we’re currently being subjected to a non stop marketing campaign of the apocalypse featuring Justin Bieber.

They’ve got snazzy merch and everything.

As lame as it all is, there’s something strangely satisfying about pulling up to a drive through window and having a long drawn out conversation about Justin Biebers balls.

A millstone, not a milestone….

Alternative Subsidy More Money Than Brains Y2Kyoto 34 Comments

If one were honest about the actual cost of facilities like this one in Iceland, it would become clear that the chattering classes of the western world are incentivizing the digging of holes that not only bury carbon, but literally bury valuable capital as well.

That is less than 1% of the annual emissions of a single coal-fired power plant, according to EPA emissions data and an International Energy Agency report on the technology. The Intergovernmental Panel on Climate Change has estimated that, to avoid the worst impacts of global warming, the world needs to remove 100 billion to 1 trillion tons of carbon from the atmosphere by the end of the century.

Keynes may not have imagined this in his wildest dreams.

 

 

Pizzagate, Come Back! All Is Forgiven.

Climate Cult Moonbats More Money Than Brains Protected Class 35 Comments

The late Jeffrey Epstein emerges as the decade’s most unlikely hero, saving the planet from Bill Gates;

Jeffrey Epstein suggested Bill Gates should leave his wife Melinda during dozens of meetings at the convicted pedophile’s $77million Manhattan townhouse, according to a person who attended the ‘men’s club’-style get-togethers.

Gates’ visits to Epstein’s ‘lair’ were an escape from his unhappy marriage, and the pair ‘were very close’, a source told The Daily Beast.

The report alleges the pair’s friendship blurred personal and professional lines, and was much closer than Gates had previously admitted.

Micro Luthor’s plan to darken our skies with sun blocking dust may have to wait.

Maybe the bailout will pay for itself

It's Probably Nothing More Money Than Brains 4 Comments

If this event has knock-on effects that threaten the solvency of some very large banks, one can be sure that the left will blame it on “capitalist greed”. The reality is that when central banks peg the price of capital near zero and thus incentivize investors to behave as if capital regenerates effortlessly, bad things are going to happen.

Nomura said it faced a possible US$2 billion loss due to transactions with a U.S. client while Credit Suisse said a default on margin calls by a U.S.-based fund could be “highly significant and material” to its first-quarter results.
 
For Credit Suisse this will mark the second straight quarter the bank has recorded losses on hedge fund exposure and adds to pressure on chief executive Thomas Gottstein, who is grappling with the fallout from the bank’s dealings with collapsed supply chain finance company Greensill.

But this isn’t real socialism!

Great Moments In Socialism Great Reset More Money Than Brains 6 Comments

No matter how much borrowing the government undertakes, the only thing one can be certain of is that socialists will always claim it was never enough.

Although the article concerns the American experience with an avalanche of Covid crisis borrowing, the lessons apply equally well to Canada.

“The idea that “governments alone” can provide the “expertise and judgment” necessary to lead the way during an economic crisis is one that fails to recognize the shortcomings of large bureaucracies.

Governments are necessarily unequipped to deal with economic crises partly because they suffer no consequences for their mistakes. It is the people, the business owners and consumers alike, who pay the ultimate price.

Government’s lack of skin in the game excludes their so-called expertise. After all, if a single mom who’s a shop owner in rural Indiana loses her livelihood because of the mandated lockdowns, the governor won’t suffer a thing over it. The shop owner, on the other hand, will lose her home and be unable to feed her children.”

When mom has to pay people to play with you

More Money Than Brains Wuhan Flu 15 Comments

Is Cardi B available?

Health Minister Patricia Hajdu’s department is paying people to say nice things about it on Twitter and Facebook. The department yesterday said it will pay minor celebrities to tout its work “as a trusted source of health information” on social media after being faulted for pandemic mismanagement: “We are continuously adapting and learning.”

Source

How do you think they get lists like these.

What Could Possibly Go Wrong?

Mischief Is Important More Money Than Brains 63 Comments

The “Meme Stock”.

GameStop is a struggling, kind of boring, mid-size retailer stuck in a legacy business — selling physical video games. But it’s also pretty much the only company anyone on Wall Street is talking about right now after its stock rose 160% in a matter of hours on Monday morning to an all-time high of $159. (By day’s end, GameStop’s price had been cut by more than half, but that still left it up more than 300% this year and almost 3,000% from its 52-week low. And it was up another 15% at Tuesday’s open.)
 
It isn’t GameStop’s precipitous rise, impressive as that’s been, that has everyone fascinated. Instead, it’s what fueling that rise: concentrated buying by thousands upon thousands of small individual investors who are using sites like Reddit and Robinhood to drive up what are now being called “meme stocks.” GameStop is the best-known of these meme stocks, simply because its gains have become so outrageous. But it was preceded last year by Hertz and Kodak, which, despite having struggling businesses, saw their stock prices soar when they became Reddit darlings. And now stocks like AMC, Nokia, and Blackberry (which is, yes, still in business) have also caught Redditors’ fancy.

I got nothin.

Tim Pool: Wall Street In PANIC MODE

CNN: Blame Trump!

More in the comments.

Update: The tech overlords are clamping down.

Of course he did: Michael Burry’s CRAZY Win on Gamestop

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