Are Volts for dolts? It's starting to look that way NJ.com
This is a pretty funny dispute.
The head of the American division of Audi called the sort of people who buy Chevy Volt's "idiots," upsetting a lot of people who like the new plug-in hybrid.
Whatever your opinion, the facts show that Volts aren't exactly selling like hotcakes.
It's not hard to see why.
As Audi’s president of North America Johan de Nysschen said, "No one is going to pay a $15,000 premium for a car that competes with a Corolla.”
Friday, December 23, 2011
China trade: Myths vs. reality
China trade: Myths vs. reality
Chinese goods account for 2.7 percent of U.S. personal consumption expenditures, about one-quarter of the 11.5 percent foreign share.
Chinese imported goods consist mainly of furniture and household equipment; other durables; and clothing and shoes.
In the clothing and shoes category, 35.6 percent of U.S. consumer purchases in 2010 were items with the “Made in China” label.
Much of what China sells us has considerable “local content.” Hale and Hobijn give the example of sneakers that might sell for $70.
They point out that most of that price goes for transportation in the U.S., rent for the store where they are sold, profits for shareholders of the U.S. retailer, and marketing costs, which include the salaries, wages and benefits paid to the U.S. workers and managers responsible for getting sneakers to consumers.
On average, 55 cents of every dollar spent on goods made in China goes for marketing services produced in the U.S.
Chinese goods account for 2.7 percent of U.S. personal consumption expenditures, about one-quarter of the 11.5 percent foreign share.
Chinese imported goods consist mainly of furniture and household equipment; other durables; and clothing and shoes.
In the clothing and shoes category, 35.6 percent of U.S. consumer purchases in 2010 were items with the “Made in China” label.
Much of what China sells us has considerable “local content.” Hale and Hobijn give the example of sneakers that might sell for $70.
They point out that most of that price goes for transportation in the U.S., rent for the store where they are sold, profits for shareholders of the U.S. retailer, and marketing costs, which include the salaries, wages and benefits paid to the U.S. workers and managers responsible for getting sneakers to consumers.
On average, 55 cents of every dollar spent on goods made in China goes for marketing services produced in the U.S.
Thursday, December 22, 2011
Hate Crime at Williams?
Roger’s Rules » Hate Crime at Williams?
Think about it: A student expresses his opinion about something.
The administration doesn’t like his opinion. Ergo, the administration turns him over to the FBI for interrogation.
That was the way they did things in Stalin’s Russia, but many of us thought a different tradition regarding freedom of expression prevailed in American colleges.
Think about it: A student expresses his opinion about something.
The administration doesn’t like his opinion. Ergo, the administration turns him over to the FBI for interrogation.
That was the way they did things in Stalin’s Russia, but many of us thought a different tradition regarding freedom of expression prevailed in American colleges.
Dorothy Rabinowitz: What Ron Paul Thinks of America
Dorothy Rabinowitz: What Ron Paul Thinks of America - WSJ.com
It seemed improbable that the best-known American propagandist for our enemies could be near the top of the pack in the Iowa contest, but there it is.
It seemed improbable that the best-known American propagandist for our enemies could be near the top of the pack in the Iowa contest, but there it is.
FALSE FRONTS, AT HOME AND ABROAD
FALSE FRONTS, AT HOME AND ABROAD :: SteynOnline
Consider how utterly incomprehensible that headline would seem to an American from a mere 30 years ago.
Back then, the smart guys assured us that economic liberalization would force political liberalization upon China.
Instead, we helped them come up with the only economically viable form of Communism
Consider how utterly incomprehensible that headline would seem to an American from a mere 30 years ago.
Back then, the smart guys assured us that economic liberalization would force political liberalization upon China.
Instead, we helped them come up with the only economically viable form of Communism
Wednesday, December 21, 2011
Qantas QF72 accident | Plunge passengers win payout from Airbus
Qantas QF72 accident Plunge passengers win payout from Airbus
The amount is understood to run into the millions of dollars.
The highest individual payout is believed to be several million dollars.
The amount is understood to run into the millions of dollars.
The highest individual payout is believed to be several million dollars.
Remembering Kim Jong-il’s Ventures Into the Sporting World
Remembering Kim Jong-il’s Ventures Into the Sporting World - NYTimes.com
In his first match at Pyongyang Lanes, Kim bowled a perfect 300, according to state-run news media, which did not say whether the bumpers were raised.
But that is nothing compared with the five holes in one and 38 under par that Kim reportedly shot in his maiden round of golf.
In his first match at Pyongyang Lanes, Kim bowled a perfect 300, according to state-run news media, which did not say whether the bumpers were raised.
But that is nothing compared with the five holes in one and 38 under par that Kim reportedly shot in his maiden round of golf.
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