Thursday, September 24, 2009
Tuesday, September 22, 2009
quote of the day
Monday, September 21, 2009
New, new math?
The financials of cash for clunkers in a nutshell..
Let me see if I understand this correctly…
A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline. A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.
So, the average "Cash for Clunkers" transaction will reduce US gasoline consumption by 320 gallons per year. They claim 700,000 vehicles – so that's 224 million gallons / year.
That equates to a bit over 5 million barrels of oil. 5 million barrels of oil is about ¼ of one day's US consumption. And, 5 million barrels of oil costs about $350 million dollars at $70/bbl.
Facebook Frenzy

I’m addicted to Sarah Palin’s Facebook page.
When I heard about the raucous she caused by posting about the death panels, I stopped by to see what it was all about, and have been mesmerized since. I check her wall several times each day and find it to be a continuous feed of news, conservative links, well whishes and complaints from across the nation.
It’s fun to watch the number of Palin fans grow, but even better is to read the discussions between ordinary citizens. I’ve started saving some of my favorite quotes and will share them here. I’ll leave the posters anonymous unless they specifically wish to be identified.