Thursday, October 20, 2011

Dave Ramsey Explains Life and Economics to Occupy Wall Street Supporters

Go to Dave Ramsey's website and listen to his show from yesterday (Archives for October 19, 2011). He sets the Occupy Wall Street crowd straight. They are VERY confused.

Automotive Engineers Wary of 54.5 mpg CAFE Rule.

Here's an excellent article from Ward's Auto, regarding the feasibility of meeting the 54.5 mpg CAFE standard by 2025.  Automotive engineers weigh in on whether or not it is feasible (it is not), and what cars will look like if it were.
Nearly 1,100 engineers and designers who currently work at auto makers and suppliers express doubts about being able to meet the target without affecting vehicle safety, size and cost. The WardsAuto survey was conducted by Paramount Research and sponsored by DuPont.

While environmental groups such as the Union of Concerned Scientists and the Natural Resources Defense Council claim a corporate fleet average of 60 mpg (3.9 L/100 km) or better could be reached with currently available technology, only one in four automotive engineers and designers agree.

“A C-segment car will be considered huge by 2025; bye bye to the CUV/SUV, light-duty pickup trucks and D-segment or larger cars,” another says.

“Consumers don't understand what this will cost, and environmental groups don't care,” is a typical comment.

“The diametrically opposed demands of ever-increasing safety requirements and ever-increasing fuel efficiency will require materials that currently may be feasible from an engineering standpoint but are not feasible from an economic and sales viewpoint,” one engineer says.

“Anytime government regulates industry, the outcome is usually disastrous. (Government regulators) are pushing for electric cars that are not feasible except possibly for urban commuting unless there are major new technologies developed that address range and costs. Ultimately, the government will drive the market to subcompact cars to support their agenda,” a respondent says.
You can read the article in its entirety here.

Smithers, Release the Hounds.