At about 1:55 into the video the host notes that Fiat is losing $10,000 for each of the Fiat 500es that are sold.
Showing posts with label Regulation. Show all posts
Showing posts with label Regulation. Show all posts
Friday, May 17, 2013
Wednesday, March 27, 2013
If you don't allow pipelines to be built, the oil gets shipped by railroad. Unfortunately, because of many government regulations, the railroads have a lot of accidents. Delaying the Keystone Pipeline for years means a lot more oil gets shipped by the Burlington Northern railroad (his supporter Warren Buffet owns the railroad). From the WSJ:
From 2010 to 2012, 112 oil spills were reported from U.S. rail tanker cars, up from just 10 in the previous three years, according to the Pipeline and Hazardous Materials Safety Administration, a part of the Department of Transportation that tracks most releases of hazardous materials. But the amount of crude leaked in spills has declined since 2008, when a big accident in Oklahoma released more than 1,900 barrels. On August 22, 2008, a BNSF Railway Co. train carrying crude derailed northeast of Oklahoma City; five tanker cars leaked oil that caught fire, leading to an evacuation of nearby residents.
Questions about the safest way to transport crude are bubbling up as President Barack Obama considers whether to approve an expansion of the Keystone pipeline, which would move crude from the oil sands of Alberta, Canada, to the U.S. Gulf Coast. Pipelines carry much more crude than trains and have fewer leaks per mile, though failures can be serious. In 2010, for example, an Exxon Mobil Corp. pipeline spilled 1,500 barrels of oil into Montana's Yellowstone River in an hour. The possibility of oil spills from derailments is only beginning to be on the public's radar. . . .
Monday, March 4, 2013
Sure people like to own cell phones without restrictions on the network that you can use them on. But the Obama administration apparently doesn't realize that without locking phones to a particular network they never would have gotten AT&T to adopt the iPhone. This type of action by the Obama administration could stop future iPhone break throughs from occurring. See also here.
Sunday, January 27, 2013
Friday, January 25, 2013
Democrats are trying to drive gun makers out of business by making it financially more costly for them to do business. This strikes me as pretty lawless.
Chicago Mayor Rahm Emanuel, moving to take a lead role in the gun control debate, is turning up the pressure on banks that do business with firearms manufacturers.
Emanuel is sending letters to two major financial institutions, TD Bank and Bank of America, which offer lines of credit to gun makers suggesting that they stop lending money to the manufacturers if they don’t come out for new gun restrictions. . . . .
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