Mainstream Media Hype: Scooters suck, new Mazda 2 gets just as good MPG as a Scooter, and you can carry four people and groceries

The latest hype by the mainstream media is trying to create a craze for scooters.  One report says they get 70 mpg.  Guess what?  So does the new Mazda 2, and it’s a car.

So what’s more practical?  Getting a scooter that you might be able to squeeze two people onto, or getting a car […] Continue Reading…

If you want a good credit rating, don’t live in Idaho. Where you live now affects your credit score

Credit scoring companies are getting so nit picky that now they judge you based on where you live.

CardRatings.com now considers the state you live in as part of your credit score.  One of the states that can make your rating go down is Idaho.  Curtis Arnold, founder of CardRatings.com, says Idaho scores low because […] Continue Reading…

Grass fire sets Idaho junk yard on fire, fears of propane and liquid oxygen tanks exploding results in blocked roads

Initial reports say that a grass fire on U.S. Highway 30 (Old Bannock Highway) near the Hoku plant, and the malting plant, in Bannock County, Idaho, caused a massive junk yard fire.  Fortunately the wind was blowing the flames away from the gas company.

Walt’s Auto Salvage fire, July 26, 2011

 

 

 

 

 

 

The […] Continue Reading…

What Economic Recovery? Inflation eats into profits for Ford & Chrysler

Both Ford and Chrysler are reporting increased sales revenues, but both are reporting decreases in profits.  The culprit, inflation.

Inflation is driving up the cost of materials used to build their cars, and even with retail price increases the result is lower profits.

Now Ford is preparing to deal with Union contract negotiations in the United […] Continue Reading…

Chrysler insults taxpayers, Chrysler claims they lost $370 million in stock buy back

Taxpayers in the United States lost $1.3 billion when Fiat bought back all the remaining Chrysler stocks held by the U.S. government (U.S. taxpayers lost at least $14 billion, between Chrysler and GM).

Now Chrysler/Fiat is claiming they lost money too.  Chrysler would have reported a profit for the second quarter of 2011, it weren’t […] Continue Reading…

Pocatello & Chubbuck, Idaho, running out of water

The city of Pocatello is back to the drawing board after voting against buying $6.2 million worth of water rights.  The deal would have been made with Portneuf Marsh Valley Canal Company.  City officials backed out after credible threats of lawsuits from water users “downstream”.

Water is a big issue for Pocatello.  Its main source […] Continue Reading…

Anti Government Protests do work, even if only by bankrupting law enforcement: London Police spent millions dealing with demonstrations

Scotland Yard (Metropolitan Police, aka Met) has come forward with the cost of dealing with all the various anti government protests.

From April 2010 to March 2011, the Met spent $56.7 million to provide security for demonstrations for everything from anti spending cuts, to anti student fee increases, to even elections and a visit from […] Continue Reading…

End of an Era: British Prime Minister says the Best Days are Behind Us, Rupert Murdoch scandal may be straw that breaks camel’s back

British Prime Minister David Cameron lamented that “…a general feeling that maybe our best days as a country are behind us…”. He was talking about everything from the economic disaster to the scandal involving Rupert Murdoch’s media empire and public officials.

Cameron says it’s become clear that elected leaders, as well as corporate leaders, even […] Continue Reading…

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