This is what ponzi(s) look like: people who can't swim trying to clambor up each others backs as they go under. This explains the 2nd recent Gates quip about the Tesla semi. You see Buffet his partner in natural gas has money sunk in GM. And this is about promoting the hydrogen delusion (2x as much energy in the natural gas feed stock just to convert it to hydrogen before the stack of ineradicable inefficiences even gets started) which promotes the natural gas ponzi which has never been economically viable even with open loop co2 dumping but is supposed to be viable with a much more expensive improbable completely closed loop system? This Blockbuster and Hollywood video all over.
But these oligarchs care nothing for what is good for the country its one Enron after a 911 after a 2nd war in Iraq after another. It is what can kicking ponzi scams and their rent seeking look like until they are stopped. There is no too-big-to-fail here they are failing and will be made to fail because its poltical, economic and physical survival at stake. Their legacy won't be any different than Jeffrey Skilling's or Ken Lay's.
GM just keeps getting better and better. 11 years ago it zeroed out all its share holders. Now just like with its Cruz vaporware its partnered with a company that claimed its been working on a factory for 1.5 years when it hasn't even really broke ground yet. But now declares its glad it won't have to build a factory. Well it wasn't building factories when it said it was should we believe its going to build vehicles now? This is like Blackberrie's RIM marrying start up that will save it from Apple. Newsom said CA's return of Enron style (my label not his) blackouts and outrageously high power prices that will be coming down (states intent) are due to natural gas still left in the system- politicians are speaking about the fraud, by name directly to the public! Fires are due to it as well because its moronic profit meant not undergrounding so it could extort with blackouts over fires it apparently intentionally caused to keep prices sky high to pad its gouging. So is the public going to pay for a hydrogen scam that is much worse so we can become like Austrailia with fires and $600 a month utility bills for retirees in mobile homes? Obviously not!
Now GM is partnering with Honda. How ironic as Honda is still selling an Accord version of the discontinued GM Volt called Clarity but it hobbles the back end with destroyed styling because it doesn't want to sell any a marriage like with Nikola of placators and pretenders. Noticed when Einhorn became all ridiculous about shorting Tesla to the point of ruin it was when he claimed to have made a macro investment in natural gas. Its like he wasn't always stupid but natural gas like a criminal wave length makes people stupid. Its the psychophantic cult of oligarchy and ponzi.
The problem with oligarchy is you get law as fraud and criminality. The public interest gets replaced with oppression. Hydrogen is as stupid and corrupt as 911, its a progression of the exact same fraud.
There is a karmic element here it seems. This group has OJ'd itself, it has at least already been unconsciously convicted in the court of public opinion
Restoring the democracy and restoring the intelligence to its technocratic complement is not negotiable. These people have to, lie, lie,lie,lie...lie huge black lies to keep the ponzi going but like a game of angry bird they can't keep it going. The dissuasive aspect of this is making sure its them that gets stuck with the hot potato, that it is their skin in the game. But everything becomes a pin for their ever thinning balloon. Gates has been apparently pushed from the boards of MS and Birkshire (Buffet and Munger are exiting too it seems) and has now been reduced to carring water for Nikola.
Fossil fuel world seems to be very affraid of the Tesla semi.
But these oligarchs care nothing for what is good for the country its one Enron after a 911 after a 2nd war in Iraq after another. It is what can kicking ponzi scams and their rent seeking look like until they are stopped. There is no too-big-to-fail here they are failing and will be made to fail because its poltical, economic and physical survival at stake. Their legacy won't be any different than Jeffrey Skilling's or Ken Lay's.
GM just keeps getting better and better. 11 years ago it zeroed out all its share holders. Now just like with its Cruz vaporware its partnered with a company that claimed its been working on a factory for 1.5 years when it hasn't even really broke ground yet. But now declares its glad it won't have to build a factory. Well it wasn't building factories when it said it was should we believe its going to build vehicles now? This is like Blackberrie's RIM marrying start up that will save it from Apple. Newsom said CA's return of Enron style (my label not his) blackouts and outrageously high power prices that will be coming down (states intent) are due to natural gas still left in the system- politicians are speaking about the fraud, by name directly to the public! Fires are due to it as well because its moronic profit meant not undergrounding so it could extort with blackouts over fires it apparently intentionally caused to keep prices sky high to pad its gouging. So is the public going to pay for a hydrogen scam that is much worse so we can become like Austrailia with fires and $600 a month utility bills for retirees in mobile homes? Obviously not!
Now GM is partnering with Honda. How ironic as Honda is still selling an Accord version of the discontinued GM Volt called Clarity but it hobbles the back end with destroyed styling because it doesn't want to sell any a marriage like with Nikola of placators and pretenders. Noticed when Einhorn became all ridiculous about shorting Tesla to the point of ruin it was when he claimed to have made a macro investment in natural gas. Its like he wasn't always stupid but natural gas like a criminal wave length makes people stupid. Its the psychophantic cult of oligarchy and ponzi.
The problem with oligarchy is you get law as fraud and criminality. The public interest gets replaced with oppression. Hydrogen is as stupid and corrupt as 911, its a progression of the exact same fraud.
There is a karmic element here it seems. This group has OJ'd itself, it has at least already been unconsciously convicted in the court of public opinion
Restoring the democracy and restoring the intelligence to its technocratic complement is not negotiable. These people have to, lie, lie,lie,lie...lie huge black lies to keep the ponzi going but like a game of angry bird they can't keep it going. The dissuasive aspect of this is making sure its them that gets stuck with the hot potato, that it is their skin in the game. But everything becomes a pin for their ever thinning balloon. Gates has been apparently pushed from the boards of MS and Birkshire (Buffet and Munger are exiting too it seems) and has now been reduced to carring water for Nikola.
Fossil fuel world seems to be very affraid of the Tesla semi.
