What wisdom do you have to share? Post that or anything else you like.
What wisdom do you have to share? Post that or anything else you like.
Ford lost $132,000 on each electric vehicle it sold in the first quarter 2024 | Just The News
Ford announced Wednesday losses of $1.32 billion on its Ford Model-e sector, which represents the company’s electric vehicle business. With 10,000 units sold, the company lost $132,000 on each EV it sold.
Well, they should just triple production and make up the loss on volume.
I’m joking.
I think.
It’s Ford, though, so nothing would surprise me.
Except for anybody with a higher IQ than the moronic anti-American insurrectionists who have captured the US government with their own quiet managerial Color Revolution.
Russian court orders seizure of JPMorgan Chase funds in VTB lawsuit | Reuters
MOSCOW, April 24 (Reuters) – A Russian court has ordered the seizure of funds in JPMorgan Chase (JPM.N), opens new tab bank accounts in Russia, court filings showed on Wednesday, in a lawsuit filed by state-owned bank VTB (VTBR.MM), opens new tab as it seeks to regain funds blocked abroad.
JP Morgan Chase last week sued VTB in New York to halt its efforts to recover $439.5 million from an account that was blocked after Russia despatched its army to Ukraine in 2022 and VTB was hit with sanctions.
JPMorgan Chase declined to comment on the Russian court’s interim measures. VTB did not immediately comment on Wednesday. It has previously declined to comment on its legal disputes with JPMorgan Chase.
The Arbitration Court of St Petersburg and the Leningrad Region’s ruling was dated April 22.
The court said it had ordered the seizure of all funds in JP Morgan bank accounts in Russia, including correspondent accounts and those opened in the name of a subsidiary. The court said it had not seized securities and property held by JP Morgan funds, or the jpmorgan.ru domain.
In a complaint filed in federal court in Manhattan earlier this month, JPMorgan described VTB’s attempt to recover the money in Russia as a “blatant breach” of its agreement to have disputes addressed in New York.
The largest U.S. bank said U.S. law prohibits it from releasing the $439.5 million, and VTB, Russia’s second-largest bank, will try to seize its assets abroad if it prevails in the Russia lawsuit.
It said VTB’s prospects there were good, with Russian courts having granted at least six other Russian banks relief against U.S. and European banks that were required to comply with sanctions laws.
Vox Day comments:
JP Morgan just lost all of the funds it was holding in its bank accounts in Russia:
Neither Russia nor China care in the least what U.S. law prohibits anymore. The international system ended the moment sanctions were applied to Russia after the beginning of the special military operation and nothing is going to bring it back.
Pax Americana is over. Plan accordingly.
In many parts of the world, America has been perceived as playing the role of an archetypal bully. Lore that American boys once learned in grade school advised that the best way to deal with bullies was to punch them in the nose until they stopped their attempts at bullying, a strategy which was purported to sometimes even turn former bullies into friends (once the power relationship was suitably adjusted with sufficient nose punching).
Boys were also taught that once one lost his fear of the bully, nose-punching was the most logical next step toward remedying the overall problem.
The United States has, by its own actions, destroyed much of the fear that former adversary/victims once experienced in regard to it, to the point of U.S. power devolving largely into an extended exercise in imaginary wardrobe shopping on behalf of its naked emperors.
Tit, meet tat. And welcome to the wonderful world of game theory:
Tit for tat is a strategy which, according to game theory, is the most effective choice for iterated games based on mutual cooperation or defection.
As I keep saying, consider potential downsides before you take actions you may live to later regret. In the case of games played between huge nuclear powers, this becomes even more important, because you may not survive a downside long enough to live to regret your unconsidered actions.
Except for anybody with a higher IQ than the moronic anti-American insurrectionists who have captured the US government with their own quiet managerial Color Revolution.
Russian court orders seizure of JPMorgan Chase funds in VTB lawsuit | Reuters
MOSCOW, April 24 (Reuters) – A Russian court has ordered the seizure of funds in JPMorgan Chase (JPM.N), opens new tab bank accounts in Russia, court filings showed on Wednesday, in a lawsuit filed by state-owned bank VTB (VTBR.MM), opens new tab as it seeks to regain funds blocked abroad.
JP Morgan Chase last week sued VTB in New York to halt its efforts to recover $439.5 million from an account that was blocked after Russia despatched its army to Ukraine in 2022 and VTB was hit with sanctions.
JPMorgan Chase declined to comment on the Russian court’s interim measures. VTB did not immediately comment on Wednesday. It has previously declined to comment on its legal disputes with JPMorgan Chase.
The Arbitration Court of St Petersburg and the Leningrad Region’s ruling was dated April 22.
The court said it had ordered the seizure of all funds in JP Morgan bank accounts in Russia, including correspondent accounts and those opened in the name of a subsidiary. The court said it had not seized securities and property held by JP Morgan funds, or the jpmorgan.ru domain.
In a complaint filed in federal court in Manhattan earlier this month, JPMorgan described VTB’s attempt to recover the money in Russia as a “blatant breach” of its agreement to have disputes addressed in New York.
The largest U.S. bank said U.S. law prohibits it from releasing the $439.5 million, and VTB, Russia’s second-largest bank, will try to seize its assets abroad if it prevails in the Russia lawsuit.
It said VTB’s prospects there were good, with Russian courts having granted at least six other Russian banks relief against U.S. and European banks that were required to comply with sanctions laws.
Vox Day comments:
JP Morgan just lost all of the funds it was holding in its bank accounts in Russia:
Neither Russia nor China care in the least what U.S. law prohibits anymore. The international system ended the moment sanctions were applied to Russia after the beginning of the special military operation and nothing is going to bring it back.
Pax Americana is over. Plan accordingly.
In many parts of the world, America has been perceived as playing the role of an archetypal bully. Lore that American boys once learned in grade school advised that the best way to deal with bullies was to punch them in the nose until they stopped their attempts at bullying, a strategy which was purported to sometimes even turn former bullies into friends (once the power relationship was suitably adjusted with sufficient nose punching).
Boys were also taught that once one lost his fear of the bully, nose-punching was the most logical next step toward remedying the overall problem.
The United States has, by its own actions, destroyed much of the fear that former adversary/victims once experienced in regard to it, to the point of U.S. power devolving largely into an extended exercise in imaginary wardrobe shopping on behalf of its naked emperors.
Tit, meet tat. And welcome to the wonderful world of game theory:
Tit for tat is a strategy which, according to game theory, is the most effective choice for iterated games based on mutual cooperation or defection.
As I keep saying, consider potential downsides before you take actions you may live to later regret. In the case of games played between huge nuclear powers, this becomes even more important, because you may not survive a downside long enough to live to regret your unconsidered actions.
Karine Jean-Pierre, Biden’s horrible press secretary, has just announced that Biden has created something called the “American Climate Corps” and that they are hiring over 2,000 people in 36 different states.
Oh, goody. Another commie jobfare program for the otherwise unemployable.
Your government at work…as the mental hospital of last resort.
Karine Jean-Pierre, Biden’s horrible press secretary, has just announced that Biden has created something called the “American Climate Corps” and that they are hiring over 2,000 people in 36 different states.
Oh, goody. Another commie jobfare program for the otherwise unemployable.
Your government at work…as the mental hospital of last resort.
The city of Santa Monica in California is constructing a new apartment building for the homeless, which sounds smart, until you find out that the cost is going to be one million per unit.
Piffle. And pikers. San Francisco spends way more on a single outdoor toilet than that.
One more note for accuracy. No, building new apartment buildings for the homeless doesn’t sound smart at all. Not if you know anything about the homeless.
But the Homeless/Corruption Complex will get rich off both projects.
And the taxpayers will be left holding the shitbag.
*In case you wonder why I use the term “worktards” so often, it’s because I want to remind you of the truth: You have to be retarded in order to be woke.
I just finished re-reading Kurt Schlichter’s The Attack, about a Hamas 10/7 style attack, but orders of magnitude larger, on the American homeland.
Gives me the heebie-jeebies.
So I gathered a bunch of bits and pieces I had lying about the house and built myself a new terrorist flyswatter. Designed to be totally diverse, will work on Muslim terrorists, Woke terrorists, Commie terrorists, black terrorists, ethnic terrorists, whatever you’ve got.
It is a sovereign remedy. I designed it to cater to my own issues, particularly in target acquisition. That’s why it looks like a mashup between the Geek Camera Club and the Geek Call Of Duty Fanboy Club.
Johnson Will Soon Have a Single-Vote Majority—What Does This Mean for Congress? | The Epoch Times
WASHINGTON—After a string of retirements and an expulsion, House Republicans will soon hold the slimmest majority in modern history.
House Speaker Mike Johnson (R-La.) is leading a Republican conference that can spare only one defection in a party that has already dethroned its own speaker over internal divisions.
It means that Johnson will be cucking out on conservatives until the cows come home. Starting with today’s abject surrender on FJB’s Ukraine funding package.
Harvard Crimson Claims It’s ‘Unclear’ Whether Men Have an Athletic Advantage over Women
The leftists at the Harvard Crimson have spoken out against transgender athlete bans and claimed that the evidence to support the case that men have a physical advantage over women is “less conclusive.”
No wonder Harvard reinstituted the SATs as a required part of the admissions’ process.
They must have discovered that the average IQ of their student body has dropped at least thirty points since they did away with them.
Joe Biden on the economy: I DON’T feel your pain | WND | by Stephen Moore
If this is “morning in America,” something tells me voters are worried what the afternoon is going to look like. To paraphrase James Carville, “It’s still the economy, stupid.” If Biden wants to run for reelection on this economy, it’s all his.
He’s not running on the economy, or anything else but the Democrat Party’s ability to successfully commit voter fraud:
A video of one of the pro-Palestinian protesters who shut down the Golden Gate Bridge in San Francisco and I-880 in Oakland on Monday is going viral.
A clip shared by the official X account of the California Highway Patrol showed one agitator screaming in apparent pain as officers cut a piece of concrete reinforcement he had held onto in order to make his removal more difficult.
The video shows the CHP officers ordering the man to simply let go of the rebar, which he refused to do.
The day is coming when the cops will cut off this guy’s hand instead of the rebar.
See, that’s the way social-cultural pendulum swings work. They always overcorrect the other way. And we’re starting from a position extremely far on the left.
Anybody remember, “Mellow is yellow, but brown flush down?”
Even after all these years, I still do it.
Analysts say the main driver behind the dire trend are Germany’s exorbitantly high energy costs, mostly due to the country’s mismanaged foray into green energies – like wind and solar – and the transition away from affordable and stable conventional energy sources like natural gas, coal and nuclear power.
All of which was engineered by the United States in order to destroy the competing German industrial base. That’s why our Deep State is so infuriated by China and Russia. They won’t cooperate in their own destruction, and both have the means not only to resist, but defeat the US efforts.
Woke NPR CEO Katherine Maher: ‘We All Have Different Truths’
But reality has only one, sweetheart.
The real truth here is that you only tell yourself lies about the world that please and support your fantasies about it, and call it truth.