Economy

City of Sacramento to Implement Rent Control

August 9, 2019

The City of Sacramento will implement rent control in limited circumstances in an effort to get supporters to pull a more far reaching rent control ballot measure that was scheduled to go for a vote next March. To implement this new scheme of government intrusion, of course a new tax is required to be paid […]

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The Recycling Myth Debunked

August 8, 2019

By: Chief This blog and commentary is the result of current events over the last year exposing CalRecycle as a farce and nothing more than a government mandated “feel good” program. This mostly came to a head with the shut down and bankruptcy of RePlanet, a large recycling conglomerate, on Tuesday of this week. Citing […]

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Tesla Admits Financial Bleeding

August 4, 2019

The bad news from Tesla keeps piling up. Yesterday I saw this about their response to declining sales on their Model S & X cars. Free charging for life. In a turn of events, Tesla has now announced that all new customers of the Model S and Model X can access free unlimited charging at […]

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Tesla Class Action Suit: Hey Elon, Welcome to the Big Leagues

July 30, 2019

Previously, Elon Musk claimed that the value of his cars would appreciate over time—something heretofore impossible in the history of automobile manufacturing. Tesla does retain its value better than many other cars with 69 percent resale value after three years but there appears to be a catch, Tesla won’t honor their warrant on the car’s […]

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Tesla Should Fire Elon Musk

July 27, 2019

Corporate America—especially now that we’re in the 90-day life cycle—has a habit of being ruthless in the pursuit of profit and struggle for survival. When they miss their numbers, there’s hell to pay—usually for those at the lowest pay levels and occasionally in middle management or higher. This week, Tesla missed their numbers badly even […]

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Tesla 2019 Q2 Tomorrow

July 23, 2019

Elon Musk’s second quarter report card is due tomorrow (07/24/2019). As such, he dropped a few more nuggets for the faithful about what he might be able to do in the future, probably because the present is such a miserable place to be right now. Future performance not indicated by past results Elon is touting […]

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Tesla Games: It Must be Earnings Report Time

July 16, 2019

Elon Musk is in the news again with another distraction so it must be about time to report Tesla’s second quarter earning’s reports. First, the distraction. Neuralink, the secretive company bankrolled by Elon Musk to develop brain-computer interfaces, will provide its first public update later today in an event streamed over the internet. “We’re having […]

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Insurance Fraud/Racketeering: Knights of Columbus Style

July 15, 2019

By: Jake the Snake–an occasional contributor Back in August 2018, the Knights of Columbus (a Catholic Church volunteer group) was served a lawsuit by a vendor alleging insurance fraud and manipulation, essentially running a Ponzi scheme. U.S. District Court in Denver against the Knights of Columbus, claiming the Catholic-charity behemoth is using “phantom” numbers to […]

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Subprime Feeding Frenzy

July 12, 2019

The sequel to Jaw has the tag line, “Just when you thought it was safe…” They’re back. Yep. Subprime loans are back and more prevalent than ever. If you thought Bush, Obama, and “too big to fail” were relics of history, you’d be as clueless as the 90-Day Guy or the naïve written about by […]

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Utopia Impossible: EV Fleet

July 11, 2019

You know the drill. A man retrieves a small recording device from an unexpected place. He hits play and is given a seemingly impossible task—usually to save the world or prevent an international incident. The recorder finishes delivering its message and self-destructs. A match lights an old fashioned fuse which starts to burn as the […]

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