As Bad News Continues To Pile Up For Tesla and EV Fans …

As Bad News Continues To Pile Up For Tesla and EV Fans …


Tesla model 3 (source : https://indideevs.com/ )

With a spate of fatal and near fatal crashes raising doubts about the safety of the power storage system in Tesla sports models, the corporate stock exchange valuation taking hit after hit and Elon Musk’s promises looking more and more unrealistic as the company’s operating deficit gets bigger and bigger, today has brought another shock for fanboys of Tesla and electric vehicles in general.

The progress of the Tesla Model 3, which was supposed to be the “entry-level” electric vehicle for the middle class, that would take electric cars into the volume market has been beset failures to meet promised production levels as well as technical setbacks.

Leading up to the launch of the Model 3, it was positioned as the people’s EV, the electric car that everybody could afford, rather than being just a toy for virtue signalling liberal luvvies. Once in mass production, Musk promised, economies of scale would help the cash burning Tesla Corp. generate cash and profits consistently. The car’s relatively modest $35,000 price tag (Only about $10k more expensive than comparable Ford, GM or Volkswagen models,) was heralded as one of its key selling points, low enough that Tesla could generate the volume needed to gain operating leverage by selling it to the masses.

But as Elon Musk himself admitted this weekend on Twitter, selling a $35,000 Model 3 right now would cause Tesla to “lose money and die”. So, instead of selling this mass-market vehicle, Tesla has focused on selling a more expensive version of the vehicle. A much, much more expensive version, in fact more than double the base price. Yes, $70k for a very ordinary family car with a proven tendency to incinerate its occupants.

A lot of bollocks has been talked about Tesla cars, surely the public (apart from sceptics like me who know that the current generation of EVs have no more chance of being commercially successful that the first battery powered automobile, launched in 1829, and for the same reasons. Technology may have improved a zillion times since then, but so has what we expect an automobile to be able to do for us.

Tesla’s $35,000 Model 3 Could Now Cost You $78,000 – Bloomberg

Advertisements

Another Tesla Spontaneously Combusts, Killing Driver

When it rains, it pours, or in the case of Tesla, it spontaneously combusts.

Less than a week after a Tesla Model S erupted in flames following a “horrific” crash in Ft. Lauderdale, Flordia,, fatally trapping the two teenagers who died inside, in a similar accident to one that happened in Mountain View, California, last December, while a second Model S rammed a stopped Salt Lake City firetruck at 60mph, mercifully without any fatalities, the Swiss tio.ch reports that yet another Tesla has burst into flames after crashing on the A2 highway near Bellinzona, killing the 48-year-old German driver who, like the Florida ten nagers, was trapped inside because flames spread too quickly after the collision to permit escape or any rescue attempt.

telsa20swiss20fire
Tesla crash in Switzerland, note the total destruction of the car

According to the Swiss publication, the 48-year-old German driver, from Baden-Wurtermberg, lost control of the vehicle a few meters after the Monte Ceneri tunnel, crashing into the central guardrail, an accident that was remarkably similar to an October 2017 crash in Austria, in which a Model S also burned down, however without any fatalities.

The car then overturned and caught fire, fatally trapping the driver.

According to the Facebook page of the Bellinzona fire department, the flames were once again started by the lithium-ion batteries after the crash. The Fire department explains that “the violent impact of Lithium Ion Batteries could probably have caused a phenomenon called “thermal runaway”, i.e, a rapid and unstoppable increase in temperature (think in terms of a reactor core meltdown in a nuclear power station.).” It is becoming clear that the lithium ion batters used in electric cars are a highly unstable power source.

tesla20italy20fire

It’s unclear if the car had its autopilot engaged at the moment of the crash, although now that both the NTSB and NHTSA are looking into last week’s tragic Tesla crash which killed two teenage boys under similar circumstances, we are confident the answer will be available soon. Several Tesla accidents have involved the car going out of control while autopilot was driving. This spate of accidents, along with others in self driving cars from other manufacturers is probably a bigger setback for the autonomous car nerds than electric vehicles in general

As was reported yesterday, Max Schwall, the Tesla exec who until last week had been Tesla’s “primary technical contact” with both the NTSB & NHTSA, resigned quietly and moved to Tesla’s competitor Waymo. Commenting on this departure, we wondered if it suggests that the “company’s troubles with government regulators may be set to escalate.”

Judging by the trio of crashes in just one week, two of which fatal, it’s a safe bet the answer is “yes.” This leaves Elon Musk’s dreams of world domination, like his cars in the crash scene pictures, in total meltdown.

Electric Cars Too Expensive
Yesterday we highlighted the reasistic journey ranges achieved by the much acclaimed but basically useless Chevvy Volt. Today we read this story from one of the car industry’s giants. In August 2015, Ford’s chief financial officer has warned predictions of a surge in electric car sales are “very ambitious”, as next generation vehicles dominate the Geneva Motor Show.

Electric car with free fireworks display
We have been sceptical of claims that electric cars and hybrids will save the planet since the hype began. Lithium the only realistic material for batteries is not in plentiful supply. Processing and purifying lithium is a filthy and energy intensive process as is the recycling of clapped out batteries. A switch to electric cars simply moves pollution from the vehicle to the factory. Electric cars would be more polluting that hydrocarbon powered vehicles …

Tesla Stock Hit After German Regulator Warns Self-Driving Cars Are Unsafe
While the Tesla company and its Ubernerd founder Elon Musk have for several years been the darlings of the stock markets and the media, things may be changing. Like most technology startups, Tesla talk a good launch but fail to deliver real results. Since the cars launched to widespread admirationed at the elegant design, and open mouthed shock at the huge price tags and …

House battery to store energy will ‘change entire infrastructure of the world’ – or maybe not
Another costly new product hailed as a breakthough in technology, this time a clutching-at-straws exercise from the failing electric car company Tesla, completely fails to live up to the hype under scrutiny. Hailed as a super battery, a mjor advance in battery technology that will change the world to store power for a household, it turns out to be nothing more than a streamined car battery. It will run the average home for about 2 hours.

Google Self Driving Car Can’t Drive Itself
A lot of nerdy types have been getting very excited about the self – driving cars being developed by Google. Being nerdy they are not making such a fuss about the decent looking rides being developed by the likes of Mrecedes Benz, General Motors and Toyota. No, it’s the Google wankermobile that turns them on.

All The Reasons You’ll Ever Need For Not Buying An Electric Car As Tesla Electric Car Turns Into Firebomb after Collision.
The electric car thing will not go away will it, ever since the science tits who work for Big Tech started proposing that electric cars are the future it has been proved many times in many ways that they are not. Cost, extremely limitedrange and safety are mong the reasons. And here as a Tesla goes up in smoke, is another …

Google Car Driverless Because No Sane Person Would Be Seen Dead In One
A few years ago Google boss Eric Schmidt said the company’s aim was to get as close to creepy as they could without crossing the line. Well they had crossed the line long before he said that. The latest Google wirdness is the much hyped driverless car. It looks as if it was designed by a five year old. On the other hand it might be the ideal car for paedophiles who want to go cruising for jailbait.

House battery to store energy will ‘change entire infrastructure of the world’ – or maybe not
Another costly new product hailed as a breakthough in technology, this time a clutching-at-straws exercise from the failing electric car company Tesla, completely fails to live up to the hype under scrutiny. Hailed as a super battery, a major advance in battery technology that will change the world to store power for a household, it turns out to be nothing more than a streamined car battery. It will run the average home for about 2 hours.

Google Self Driving Car Can’t Drive Itself
A lot of nerdy types have been getting very excited about the self – driving cars being developed by Google. Being nerdy they are not making such a fuss about the decent looking rides being developed by the likes of Mrecedes Benz, General Motors and Toyota. No, it’s the Google wankermobile that turns them on.

It’s The Car Of The Future – And It Runs On Petrol
How long have those research grant phishing, statistics rigging, peer review fiddling sciencheads been telling us the car of the future would be powered by electricity? This was despite their best efforts after Squillions of Dollars, Pounds, Euros and Yen only having produced a hybrid that required both an electric motor and an internal combusion unit to .

Google Car Driverless Because No Sane Person Would Be Seen Dead In One
A few years ago Google boss Eric Schmidt said the company’s aim was to get as close to creepy as they could without crossing the line. Well they had crossed the line long before he said that. The latest Google wirdness is the much hyped driverless car. It looks as if it was designed by a five year old. On the other hand it might be the ideal car for paedophiles who want to go cruising for jailbait.

How expensive are electric cars

Electric Car Mini Adventure

Keep The Engine Running

Just Drive

Driver Friendly Roads

Rare Earth

Reasons To Hate The Toyota Prius

Renewable Energy Con

V2G Technology

Pigs WILL Fly (poem)

The Internet Of Things

More Trouble For Tesla – It’s Official This Time

Those who hailed Tesla founder Elon Musk as the New Messiah, the technological miracle worker who was going to be saviour of the planet will be crying into their vegan corn flakes this morning as Tesla’s woes multiply.

Only  day after two teens tesla20s20crash20floridawere killed in a “horrific” Model S crash in Fort. Lauderdale, Florida, when the two 18-year-olds were immolated after being trapped in their burning vehicles, the USA’s National Transport Safety Board, alarmed perhaps that this is the latest in a series on incidents in which Tesla cars displayed their tendency to spontaneously combust, has launched an investigation into the incident.

The probe comes two months after Tesla and the U.S. National Transportation Safety Board were at loggerheads over the board’s investigation into a deadly, March 23 crash in Mountain View, California  involving a Tesla vehicle on Autopilot, will be mainly focused on “electric vehicle battery fire” as Elektrek reports that batteries from the other crash under investigation reignited days after the accident.

The NTSB issued a statement announcing their investigation into the crash. NTSB Chairman Robert S. Sumwalt, on whom Elon Musk recently hung up, commented:

“NTSB has a long history of investigating emerging transportation technologies, such as lithium ion battery fires in commercial aviation, as well as a fire involving the lithium ion battery in a Chevrolet Volt in collaboration with the National Highway Traffic Safety Administration.  In addition, the NTSB is currently investigating a fire involving the transportation of hydrogen gas for fuel cell vehicles. The goal of these investigations is to understand the impact of these emerging transportation technologies when they are part of a transportation accident.”

The NTSB sent 4 investigators to Florida and will “primarily focus on electric vehicle battery fire, including fire department activities and towing operations.”

The second Tesla safety probe this year comes on the back of news that the Mountain View Fire Department shared its report about the aftermath of the fatal Tesla Model X accident in Mountain View with other fire departments, which indicates they suspect serious problems with Tesla cars.  That is now also under NTSB investigation.

In the report (published via KTVU), the fire department said that they monitored the battery pack and it reignited days after the March 23 accident, with Mountain View Fire Chief Juan Diaz commenting:

“In this particular case, six days later, the temperature inside those cells increased to the point of ignition. That’s why the car reignited. You have stored energy that is frankly unstable.

Think of a nuclear meltdown in which the plutonium rods spontaneously combust over and over as there is no way to cool them sufficiently. It’s kinda like that.”

Amusingly, Tesla recommends using “large amounts of water” to extinguish a battery fire in its vehicles (water is not recommenedd for extinguishing electrical fires) and using a thermal imaging camera to monitor the battery for at least one hour after it is found to be completely cooled:

“If the high voltage battery catches fire, is exposed to high heat, or is bent, twisted, cracked, or breached in any way, use large amounts of water to cool the battery. DO NOT extinguish with a small amount of water. Always establish or request an additional water supply.”

More appropriately, the company also offers online training for fire departments about what steps to take when dealing with its vehicles after a crash. Effing long ones, we would guess.

Electric Cars Too Expensive

Yesterday we highlighted the reasistic journey ranges achieved by the much acclaimed but basically useless Chevvy Volt. Today we read this story from one of the car industry’s giants. In August 2015, Ford’s chief financial officer has warned predictions of a surge in electric car sales are “very ambitious”, as next generation vehicles dominate the Geneva Motor Show.

Electric car with free fireworks display

We have been sceptical of claims that electric cars and hybrids will save the planet since the hype began. Lithium the only realistic material for batteries is not in plentiful supply. Processing and purifying lithium is a filthy and energy intensive process as is the recycling of clapped out batteries. A switch to electric cars simply moves pollution from the vehicle to the factory. Electric cars would be more polluting that hydrocarbon powered vehicles …

Tesla Stock Hit After German Regulator Warns Self-Driving Cars Are Unsafe

While the Tesla company and its Ubernerd founder Elon Musk have for several years been the darlings of the stock markets and the media, things may be changing. Like most technology startups, Tesla talk a good launch but fail to deliver real results. Since the cars launched to widespread admirationed at the elegant design, and open mouthed shock at the huge price tags and …

House battery to store energy will ‘change entire infrastructure of the world’ – or maybe not

Another costly new product hailed as a breakthough in technology, this time a clutching-at-straws exercise from the failing electric car company Tesla, completely fails to live up to the hype under scrutiny. Hailed as a super battery, a mjor advance in battery technology that will change the world to store power for a household, it turns out to be nothing more than a streamined car battery. It will run the average home for about 2 hours.

Google Self Driving Car Can’t Drive Itself

A lot of nerdy types have been getting very excited about the self – driving cars being developed by Google. Being nerdy they are not making such a fuss about the decent looking rides being developed by the likes of Mrecedes Benz, General Motors and Toyota. No, it’s the Google wankermobile that turns them on.

All The Reasons You’ll Ever Need For Not Buying An Electric Car As Tesla Electric Car Turns Into Firebomb after Collision.

The electric car thing will not go away will it, ever since the science tits who work for Big Tech started proposing that electric cars are the future it has been proved many times in many ways that they are not. Cost, extremely limited range and safety are mong the reasons. And here as a Tesla goes up in smoke, is another …

Google Car Driverless Because No Sane Person Would Be Seen Dead In One

A few years ago Google boss Eric Schmidt said the company’s aim was to get as close to creepy as they could without crossing the line. Well they had crossed the line long before he said that. The latest Google wirdness is the much hyped driverless car. It looks as if it was designed by a five year old. On the other hand it might be the ideal car for paedophiles who want to go cruising for jailbait.

House battery to store energy will ‘change entire infrastructure of the world’ – or maybe not

Another costly new product hailed as a breakthough in technology, this time a clutching-at-straws exercise from the failing electric car company Tesla, completely fails to live up to the hype under scrutiny. Hailed as a super battery, a mjor advance in battery technology that will change the world to store power for a household, it turns out to be nothing more than a streamined car battery. It will run the average home for about 2 hours.

Google Self Driving Car Can’t Drive Itself

A lot of nerdy types have been getting very excited about the self – driving cars being developed by Google. Being nerdy they are not making such a fuss about the decent looking rides being developed by the likes of Mrecedes Benz, General Motors and Toyota. No, it’s the Google wankermobile that turns them on.

It’s The Car Of The Future – And It Runs On Petrol

How long have those research grant phishing, statistics rigging, peer review fiddling sciencheads been telling us the car of the future would be powered by electricity? This was despite their best efforts after Squillions of Dollars, Pounds, Euros and Yen only having produced a hybrid that required both an electric motor and an internal combusion unit to .

Google Car Driverless Because No Sane Person Would Be Seen Dead In One

A few years ago Google boss Eric Schmidt said the company’s aim was to get as close to creepy as they could without crossing the line. Well they had crossed the line long before he said that. The latest Google wirdness is the much hyped driverless car. It looks as if it was designed by a five year old. On the other hand it might be the ideal car for paedophiles who want to go cruising for jailbait.

France To Ban All Petrol And Diesel Cars By 2040

How expensive are electric cars

Electric Car Mini Adventure

Keep The Engine Running

Just Drive

Driver Friendly Roads

Rare Earth

Reasons To Hate The Toyota Prius

Renewable Energy Con

V2G Technology

Pigs WILL Fly (poem)

The Internet Of Things

 

“Smart City” Projects are Really Police Extreme Surveillance Programs.

The propaganda always dresses social engineering projects aimed at enhancing the powers of the state to manipulate and control in friendly terms that seem to promise benefits to our security rather than threats to our freedom. Take the phrase “Smart Cities.”
How wonderful it will be, the authorities tell us, to live in smart cities where the streets and buildings are intelligent and will protect us from danger and from risk. We will live within the loving embrace of technology. The reality will not be like that of course …

Image source: eff off.org/

Activist Post have been looking at what Smart Cities are really all about.

“Smart City” Projects are Really Police Cam-Share Programs in Disguise

 

RELATED POSTS:

Surveillance tools of the totalitarian state
Google building a surveillance state
UK Snoopers’ Charter Will Lead to ‘Race Bottom’ in Mass Surveillance
Pavlov’s Cat (a poem for those who resist conformity)
Google Extends Its Powers, Become The Master Spy Of The Digital Age

IoT gadget maker Nest Labs adding Google facial recognition to doorbell web enabled doorbell, Google will know who’s at home.

Internet of Things - your gadgets will spy on you
Image source: http://www.industriaitaliana.it

Long before Google acquired Internet of Things company Nest, its co-founder Matt Rogers was saying he and his team had big dreams. They certainly did, knowing perhaps how the CIA had made Google and Facebook into giant global corporations because of the potential for spying on people through their computers, Nest seem to have convinced themselves that building fridges, washing machines, thermostats and doorbells that could spy on their owners might work the same trick for them.

“When Nest was founded seven years ago, we started with a thermostat,” Rogers told a room full of reporters in an event held at San Francisco’s Contemporary Jewish Museum. “But our mission has always been much greater. Our mission is to create a home that takes care of the people inside it and the world around it.”

CUNT. Does he not realise plenty of us understand what he is really saying, i.e. Nest, with their partners want to build a world in which our homes, possessions and our environment all conspire with the ruling elites to control us.

So after making a smart thermostat, (well, one that grasses you up to big Brother if you turn your heating up higher than someone on your paygrade should,) smoke alarms that will tell your doctor is you were cooking unhealthy food, and security cameras that tell Google (and any of us that can hack a server, which is more people than you might think,) exactly who is at home at any given time, Nest revealed the next place it wants to make waves: the home alarm system.

“Can you think of a better industry for us to disrupt?” product marketing head Maximie Veron asked the crowd.

That disruption will be stepped up in November, when the latest spy product, a $500 home alarm system you can install yourself, is brought to market. Nest Secure is built to work with your smartphone (and if that doesn’t ring alarm bells nothing will,), and with all the other Nest products the company hopes you’ll buy to help your best friends, the government, control you. And some people, some university brainwashed people, will rush out and buy this crap thinking it is ‘cool’.

Nest Secure product manager Sophie Le Guen explained the focus was on making a confusing product into a friendly one. About as friendly as a hungry crocodile.

Is The Internet Making Us All Stupid.The more gullible and wide eyed among academics like to burble ecstatically about how the internet has ushered in a new age of creativity. We have to wonder just how much time these self styled experts have spent surfing scial networking sites

Total Control: New Measures Toward Global Totalitarianism
Total surveillance and total control, it was the system used by the fictional Big Brother regime in George Orwell’s 1984 and it is becoming dangerously close to becoming reality in the liberal democracies of the world. Not long ago I reported that Microsoft boss Bill Gates had invested in a startup that proposes to launch a network of surveillance satellites that will monitor the entire world twenty four hours a day, thus bringing another dystopian fiction, Skynet, closer to reality

Web Induced DementiaIn most civilised societies there are laws governing what outrageous claims advertisers can make for their products. This does not apply on the web it seems, where ‘revolutionary new world changing technology’ means ‘not fit for purpose’

Computer Cops Will Arrest You Before You Commit A Crime
Innocent until proved guilty has always been a basic principle of British and before the Union, English and Scottish justice. Since late in the ninth century when King Alfred signed into law the Liber Judicialis, the presumption of innocence has stood.Thinking of committing a crime was not punishable, only in George Orwell’s dystopian novel “1984” has Thought Crime ever been a punishable offence. Until now …

Bill Gates backs a $1 billion plan to cover Earth in ‘Big Brother’ satellites.
With the raggle taggle army of bloggers, alt_media journalists, video creators, marginalised writers and maverick media pundits who have taken on the task of defending liberty already engaged on several fronts, Microsoft’s multibillonaire chairman Bill Gates has announced his backing for a new tech start-up that will be able to stream ‘live and unfiltered’ video of every inch of the planet from a network of satellites to …

Is Technology Creating Physical and Psychological Hazards In The Digital Age?
Scientific research used to be the area of work that trailblazers, those with an unquenchable desire for new experience and a hyperactive sense of adventure wanted to be involved in. Now those who label themselves ‘scientists’ seem to have become the high priests of an ultra – conservative religion, determined at all costs to block progess that may lead to understanding that the dogmas of the past are just wrong

The Mummers: The Controlling system And The Illusion Of Freedom
We live in a world of deception, where truth is an ephemeral thing, slippery as an eel and shadowy as a spectre. What we are expercted to perceive as reality is just spin and misinformation designed to ensure the elite maintain their control. There’s eff all you can do just get on with your life, say the shills for big government and authoritarianism. But are we really nothing more than slaves of the system?

Google’s Brave New World Of Artificial Intelligence – And The Destruction Humanity
Almost every day we hear scientists burbling about artificial intelligence and how very soon machines will be smarter than humans. As scientists are nowhere near as smart as humans its hard to see how science can build something smarter. The problem is of course we don’t understand what contsitutes intelligence – those who think academic qualifications are the only indicator are retards. So where will this madness to replace us with machines end?

Transhumanism – What The Elite And Their Science Whores Have Planned For You
Transhumanism, the creation of – or turning us into – part human, part machine cyborgs is generating a lot of discussion and a lot of spontaneous ejaculations in the scientific community as they contemplate having their brains replaced by a computer. There are no limits on the ambitions of scientists fantasies, they even envisage creating robots that can interbreed with us, but how much is realistic?

Don’t be Evil, Google Will Do It For You
Google have abandoned their “Don’t Be Evil motto. Good thing really, they are becoming more evil every day. The latest plans to integrate our brains with their servers may seem like a science fiction freaks wet dream, but these creepy nerds are serious …

Google wants to change the way you see the world
News Used To Be Important – Now It’s Just EntertainmentPeople talk about technology, mainly television, cellulat telephones and the internet having given us an unprecedented ability to communicate. But have they? OK, we can trade meaningless messages with strangers on the other side of the world, we can join the cacophony of social netwoks where everybody yells at once and nobody listens, or we can sit in isolation, shouting inmto the void. But none of those are communicating. Technology has actually inhibited communication. …

Google Evil Empire In New Privacy ViolationOnce again the neo-Nazi nerds at Google are in trouble for playing fast and loose with our privacy. Google have bypassed browser privacy setting to track our movements on the web, the bettrer to target us with ads for poxy shite no sane person would buy. What is it these arseholes find difficult to understand about the idea that in the real world or cyberspace same rules apply …

Google Has Comptely Forgotten ‘Don’t Be Evil’ As The World Domination Agend Gathers PaceAt last Google has been caught stealing information from a business rival rather than private induviduals. Will people now wise up to these scumsucking pirates of the internet search engine world.

Science Brings Doomsday Closer – scientists announced we are nearer to a global catastrophe than we were a year ago

A Chronicle Of Decay

Has The Tech Backlash Begun

The world of high tech, Internet based businesses have had things all their own way as governments and regulators meekly stood aside while tech companies played fast and loose with users data, (not talking about the data gathered from our explorations of their sites or personal details we volunteer, but the practice of ‘data mining,’ scraping up personal details from our hard drives,) destroyed whole industries, turned the high streets of our towns and shopping centres of our cities into deserts, made “not-fit-for-purpose” an acceptable quality for goods on sale, and dehumanised the whole process of buying and of socialising.

It was inevitable there would be a backlash, not from business rivals, politicians sweetened by campaign contributions and fearful of being dubbed anti – progress or anti – science have let the tech industries get away with murder – literally in some cases. The resistance was always going to come from ‘we the punters’.

For almost two decades we have complied with exhortations to ’embrace change’ even when it was clear the change was not for the better, we have been pushed into shifting most of our financial business online, trusting financial details and our money to a notoriously insecure medium, we have been squeezed into buying from online retailers, knowing through mainstream media that ‘customer service’ was a completely alien concept to the bosses of these organisations, and we have accepted an increasingly impersonal world where increasingly our interfaces are with robots.

AND ALL THE TIME WE WERE ABLE TO SEE THIS BRAVE NEW WORLD WAS JUST NOT WORKING.

So it is encouraging that we are seeing headlines like:

What’s happening? Bernie Sanders Agrees With Trump: Amazon Has Too Much Power

Independent Vermont senator and 2016 presidential hopeful Bernie Sanders echoed President Donald Trump in expressing concern about retail giant Amazon. Sanders said that he felt Amazon had gotten too big on CNN’s “State of the Union” Sunday, and added that Amazon’s place in society should be examined.

“And I think this is, look, this is an issue that has got to be looked at. What we are seeing all over this country is the decline in retail. We’re seeing this incredibly large company getting involved in almost every area of commerce. And I think it is important to take a look at the power and influence that Amazon has,” said

Sanders.

After the backlash against Facebook over the past few weks for privacy abuses, and the backlash led by President Trump against Amazon, is there something bigger going on. Are these things connected? Yes, they probably are, but not in a way that either Trump or Sanders has clued in to. Someone who has, a for now lone voice, is Dave Stockman, a financial pundit who describes himself as a Washington insider turned iconoclast. Here’s what he wrote last week.

It is said that even a blind squirrel occasionally finds an acorn, and so it goes with The Donald. Banging on his Twitter keyboard in the morning darkness, he drilled Jeff Bezos a new one – or at least that’s what most people would call having their net worth lightened by about $2 billion:

“I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!” You can’t get more accurate than that. Amazon is a monstrous predator enabled by the state, but Amazon’s outrageous postal subsidy – a $1.46 gift card from the USPS stabled on each box – isn’t the half of it.

The real crime here is that Amazon has been exempted from financial regulations, and the culprit is the central banks’ malignant regime of Bubble Finance. The latter has destroyed financial discipline entirely and turned the stock market into the greatest den of speculation in human history. That’s why Bezos can kill established businesses with impunity.

The casino allows him to run a pernicious business model based on “price to destroy”, rather than price for profit and a return on capital.Needless to say, under a regime of sound money and honest capital markets Amazon would be a far more benign economic creature. That’s because no real investors would value AMAZON’s money-loosing e-Commerce business at $540 billion – nor even a small fraction of that after 25-years of profitless growth.

The bubble economy that was forced into being by Barack Obama’s stupid and economically illiterate Quantitative Easing policy and ultra-low rates, which saw central banks buying up trillions in what used to be sound assets, corporate bonds, and allowing massive buybacks that allow companies to While stocks nominally trade at astronomical rates, but actual traded volumes are low. Buybacks allow companies to reward managers and senior staff with stock, and then buy back the shares they have paid in lieu of salary or bonus, thus avoiding tax and holding their own stock while running on borrowed money, escaping financial scrutiny. The system allows them to inflate stock market capitalisation and raise their ‘value’ to astronomical levels by inflating the value of shares and capital assets. The system enabled a company like Amazon to kill off its competition, which consists of many thousands of retailers, all the time running a balance sheet loss on paper.

These financial policies have allowed not just Amazon, which though Trumps favourite target currently, but many of the most ‘valuable’ tech companies to expand at an exponential rate without having to account to investors for absence of dividends and thus elbow their way into our lives in ways designed to seem beneficial to us at first, but in reality resulting in less variety, less competition, and thousands fewer jobs. For too long they were the darlings of the media and the stock markets; the creations of the brightest and best among us, according to ‘the narrative.’

For some of the creations of our tech Olympians it’s easier to see the inevitability of disaster than for others. Tesla, Uber, Airbnb are all struggling right now, but more will follow. What you may notice is that two of the three sell noting but ‘cool.’ Tesla also may pretend to be a real car company, but in reality they sell stocks to investors, basing their pitch on promises they cannot fulfill.

Even Apple may not be immune from the carnage even though they make and sell real things they make real things! Apple CEO Tim Cook may have sought to distance his company from the likes of Facebook on morals and ethics, he can’t deny that Apple sells a zillion phones to a large extent because everybody uses them not so much to look at Facebook and Alphabet, Uber and Air BNB apps because there are many cheaper pieces of kit out there that will do the job just as well. People buy Apple in order to be seen using Apple gadgets, so what Apple really sell is social kudos. If data ethics are the only problem Cook sees ahead, he’s in trouble.

Silicon Valley infighting shows that the industry does have an idea what is going wrong, in ways that should have already led to many more pronounced worries and investigations.

Mr. Cook, who has long sought to differentiate Apple on privacy matters, contrasted its focus on selling devices with Facebook and Google’s ad-based businesses that are built on user data. Asked what he would do if he were Facebook CEO Mark Zuckerberg, Mr. Cook replied: “I wouldn’t be in this situation.”

Facebook hasn’t responded specifically to criticisms, but the hostility of those who live in the same glass palaces has provoked adverse comments from its own former vice president of growth, Chamath Palihapitiya. “The short-term, dopamine-driven feedback loops that we have created are destroying how society works,” Mr. Palihapitiya said at a talk at Stanford University in November.

We can expect to hear much more in the same vein over the remainder of this year. Big Tech is changing the world in more ways than one. And spying on people Facebook-style is merely one of a long list of them. Facebook doesn’t build the devices people use to see what their friends had for breakfast, Apple does that, but it’s the way Apple sells those gadgets that makes it vulnerable. Moreover, Apple profits hugely from stock buybacks, the practice of rewarding senior staff with company stock which they can then sell back to the company, thus incurring a lowrer tax liability than income from salary, so it fits in Stockman’s bubble finance definition of Amazon, too.

The failure of politics to investigate, and act against Facebook style ‘dopamine – driven’ feedback loops which exploit a vulnerability in human psychology in order to maximally waste your time and sell you product after product that you never (knew you) wanted is bordering on criminal negligence. They all made the mistake of thinking they could get away with it forever. What was that somone once said about not being able to fool all the people all the time.

IBM Lays Billion Dollar Bet On Artificial Intelligence System Called Watson: They’ll Lose
This publication has always been sceptical of the claims made by computer scientists that’the thinking computer is just around the corner’. The fact is pointy heads have been saying arificual intelligence would be with us in two or three years for the past forty years. And the old computer professional who owns the site says we are no nearer than when he wrote his fisrt program.

Nothing Good Has Come Of The InternetWhen a technophobe denounces the internet as anti – social, anti jobs, a force for dumbing down or a waste of time it can easily be dismissed but when the CEO of a major technology company like Sony saays nothing good has ever come of the internet we should perhaps listen..

The Robotification Of Human Society Is being Implemented

Are you ready to surrender your humanity to science, accept having computer chips implanted in your skull that will link your brain to the internet (via a Google server) and let your life be controlled by machines? That’s what The Controllers are planning for you …

Internet Access As A Human Right?A survey carried out by the BBC found a majority of people around the world believe internet access should be a basic human right. We suspect a bit of statistical rigging because the majority of people in the world live below the poverty line and probably have more urgent priorities than surfing the net.

Is The Internet Making Us All Stupid.The more gullible and wide eyed among academics like to burble ecstatically about how the internet has ushered in a new age of creativity. We have to wonder just how much time these self styled experts have spent surfing scial networking sites

Web Induced DementiaIn most civilised societies there are laws governing what outrageous claims advertisers can make for their products. This does not apply on the web it seems, where ‘revolutionary new world changing technology’ means ‘not fit for purpose’

Computer Cops Will Arrest You Before You Commit A Crime
Innocent until proved guilty has always been a basic principle of British and before the Union, English and Scottish justice. Since late in the ninth century when King Alfred signed into law the Liber Judicialis, the presumption of innocence has stood.Thinking of committing a crime was not punishable, only in George Orwell’s dystopian novel “1984” has Thought Crime ever been a punishable offence. Until now …

Is Technology Creating Physical and Psychological Hazards In The Digital Age?
Scientific research used to be the area of work that trailblazers, those with an unquenchable desire for new experience and a hyperactive sense of adventure wanted to be involved in. Now those who label themselves ‘scientists’ seem to have become the high priests of an ultra – conservative religion, determined at all costs to block progess that may lead to understanding that the dogmas of the past are just wrong

The Mummers: The Controlling system And The Illusion Of Freedom
We live in a world of deception, where truth is an ephemeral thing, slippery as an eel and shadowy as a spectre. What we are expercted to perceive as reality is just spin and misinformation designed to ensure the elite maintain their control. There’s eff all you can do just get on with your life, say the shills for big government and authoritarianism. But are we really nothing more than slaves of the system?

Google’s Brave New World Of Artificial Intelligence – And The Destruction Humanity
Almost every day we hear scientists burbling about artificial intelligence and how very soon machines will be smarter than humans. As scientists are nowhere near as smart as humans its hard to see how science can build something smarter. The problem is of course we don’t understand what contsitutes intelligence – those who think academic qualifications are the only indicator are retards. So where will this madness to replace us with machines end?

Transhumanism – What The Elite And Their Science Whores Have Planned For You
Transhumanism, the creation of – or turning us into – part human, part machine cyborgs is generating a lot of discussion and a lot of spontaneous ejaculations in the scientific community as they contemplate having their brains replaced by a computer. There are no limits on the ambitions of scientists fantasies, they even envisage creating robots that can interbreed with us, but how much is realistic?

Don’t be Evil, Google Will Do It For You
Google have abandoned their “Don’t Be Evil motto. Good thing really, they are becoming more evil every day. The latest plans to integrate our brains with their servers may seem like a science fiction freaks wet dream, but these creepy nerds are serious …

Google wants to change the way you see the world
News Used To Be Important – Now It’s Just EntertainmentPeople talk about technology, mainly television, cellulat telephones and the internet having given us an unprecedented ability to communicate. But have they? OK, we can trade meaningless messages with strangers on the other side of the world, we can join the cacophony of social netwoks where everybody yells at once and nobody listens, or we can sit in isolation, shouting inmto the void. But none of those are communicating. Technology has actually inhibited communication. …

Google Evil Empire In New Privacy ViolationOnce again the neo-Nazi nerds at Google are in trouble for playing fast and loose with our privacy. Google have bypassed browser privacy setting to track our movements on the web, the bettrer to target us with ads for poxy shite no sane person would buy. What is it these arseholes find difficult to understand about the idea that in the real world or cyberspace same rules apply …

Google Has Comptely Forgotten ‘Don’t Be Evil’ As The World Domination Agend Gathers PaceAt last Google has been caught stealing information from a business rival rather than private induviduals. Will people now wise up to these scumsucking pirates of the internet search engine world.

Science Brings Doomsday Closer – scientists announced we are nearer to a global catastrophe than we were a year ago

A Chronicle Of Decay
Slaves Of The Machine

Facebook Scuicide

You Get What You Deserve.

Anti – Social Networking

Internet technology

Tesla just months from total collapse, says hedge fund manager

Another Tesla demonstrates the makes built in barbecue feature neds some work (picture source: Zero Hedge
Another Tesla demonstrates the makes built in barbecue feature neds some work (picture source: Zero Hedge

The American electric-car company Tesla will be bankrupt within four months unless its CEO Elon Musk “pulls a rabbit out of his hat,” according to hedge fund manager John Thompson. “Companies eventually have to make a profit, and I don’t ever see that happening here, this is one of the worst income statements I’ve ever seen and between the story and the financials; the financials will win out in this case.” the head of Vilas Capital Management told Market Watch.”

Thompson manages $25 million and his Tesla short is the fund’s biggest position. He has been betting big against the electric automaker for years.

Last April, Tesla stock hit a record high of around $300 and continued to grow to $389.61. Nevertheless, Thompson’s fund still managed to churn out a 65-percent gain for the year. Since then, Tesla has fallen sharply and Thompson is confident his bet is about to pay off. Tesla shares were down more than 8 percent at Wednesday closing to $279.18. The hedge fund manager said that if his prediction comes true, his fund could surge by another 50 percent. He noted that he is investing $500,000 of his own money.

“Tesla, without any doubt, is on the verge of bankruptcy,” Thompson told clients in an email. He explained that funding will be hard to come by in the face of problems in delivering the Model 3, declining demand for the Model S and X, extreme over – valuation on the stock market, and a likely downgrade of its credit rating by Moody’s from B- to CCC.

Another fatal crash earlier this month that left a Tesla Model X smouldering on the shoulder of the southbound lane of Highway 101 in Mountain View has hammered Tesla shares to their lowest level in a year while pushing the yield on its debt above 7% (though an ill-timed downgrade from credit rating agencies also had something to do with that).

Once again, Tesla finds itself under scrutiny from the U.S. National Transportation Safety Board. The last brush with the regulator ended without incident – the agency ruled that a fatal Florida crash was the result of driver error, and that Tesla’s controversial autopilot software (which has been implicated in several fatal accidents) was not at fault, though this verdict should be treated with some scepticism as it is based on the fact that the car was on autopilot, which is not a technology sold as offering full vehicle autonomy. It seems odd therefore that a judge can say the driver was at fault when in fact the car should have a failsafe mechanism to prevent stupid drivers from abusing what is intended to be an electronic assistant.

As two teams from the NTSB sift through the evidence gathered from the site of the latest demonstration of Tesla’s self – immolating feature, the company said in a blog post published Tuesday night that it hasn’t been able to analyze any of the data collected from the scene – and therefore doesn’t yet know what caused the crash – because the car was so badly damaged, as Bloomberg reported.

The company hasn’t been able to retrieve the vehicle’s logs and is working with authorities to access them. Tesla hasn’t disclosed whether the driver had engaged Tesla’s partially autonomous driving system, known as Autopilot, when the crash occurred.

Interest in the effectiveness of self-driving technologies is at crisis thanks to a deadly Uber Technologies Inc. accident that happened days earlier involving an autonomous car and a woman who was crossing the street with her bicycle.

Tesla Stock Hit After German Regulator Warns Self-Driving Cars Are Unsafe

While the Tesla company and its Ubernerd founder Elon Musk have for several years been the darlings of the stock markets and the media, things may be changing. Like most technology startups, Tesla talk a good launch but fail to deliver real results. Since the cars launched to widespread admirationed at the elegant design, and open mouthed shock at the huge price tags and …

Drivers Cool About Electric Cars
Have you purchased your new, clean, green, politically correct, all electric car yet? No? I thought not. Neither have I. It is not so much that I hate the enviroment or that I do not want to support the fabulous clean, green, sustainable job creating indistries fabulous, clean, green Dave has promised us will lead …

House battery to store energy will ‘change entire infrastructure of the world’ – or maybe not
Another costly new product hailed as a breakthough in technology, this time a clutching-at-straws exercise from the failing electric car company Tesla, completely fails to live up to the hype under scrutiny. Hailed as a super battery, a mjor advance in battery technology that will change the world to store power for a household, it turns out to be nothing more than a streamined car battery. It will run the average home for about 2 hours.

Tesla Driverless Cars World Domination Plan Hit By Another Crash
Electric carmaker Tesla, whose founder Elon Musk recently showed the kind of ignorance of human nature that typifies Silicon Valley billionaires when he smugly predicted the whole world would be letting driverless cars ferry them around by 2030, is preparing an updated “secret masterplan” as the company looks to rebound from concerns over the safety …

Google Self Driving Car Can’t Drive Itself
A lot of nerdy types have been getting very excited about the self – driving cars being developed by Google. Being nerdy they are not making such a fuss about the decent looking rides being developed by the likes of Mrecedes Benz, General Motors and Toyota. No, it’s the Google wankermobile that turns them on.

Self Drive Cars And Closing Time Chaos On The Roads
I’m always gobsmacked by the unthinking stupidity of those we allow to rule us. While the developed nations struugle with unemployment, due to automation of processes that provide jobs amongst other things, our poticians and the “experts” who advise them are creaming thrir pants over another technological development that will destroy thousands of jobs. Their …

All The Reasons You’ll Ever Need For Not Buying An Electric Car As Tesla Electric Car Turns Into Firebomb after Collision.
The electric car thing will not go away will it, ever since the science tits who work for Big Tech started proposing that electric cars are the future it has been proved many times in many ways that they are not. Cost, extremely limited range and safety are mong the reasons. And here as a Tesla goes up in smoke, is another …

Car-Barbie: Tesla Supercar Bursts Into Flames While Charging
from Zero Hedge (creative commons) The Norwegian owner of a Tesla Model S found an unexpected f(i)ringe benefit during a cold Friday afternoon when shortly after he had parked his luxury electric car at a supercharging station in Gjerstad, and left, he realized the car could serve as a very quick and efficient, if quite …

Google Car Driverless Because No Sane Person Would Be Seen Dead In One
A few years ago Google boss Eric Schmidt said the company’s aim was to get as close to creepy as they could without crossing the line. Well they had crossed the line long before he said that. The latest Google wirdness is the much hyped driverless car. It looks as if it was designed by a five year old. On the other hand it might be the ideal car for paedophiles who want to go cruising for jailbait.

Google’s Wankermobile Self Driving Car Can’t Drive Itself
People are starting to trust Boggart Blog and our friend Little Nicky Machiavelli. That’s because we are always right. And we always try to sound a weeny bit humble when we say I told you so. Recently the usual types got a bit huffy when we mercilessly mocked the much hyped Google self driving car, …

Electric Cars? Cheap At Half The Price
A new electric car, the Tesla, that appears to offer the breakthrough technology to provide clean, practical personal transport we have been waiting for since collectively falling off our chairs laughing at the Sinclair C5, was at last unveiled this week. The Tesla, a two seater coupe, offers performance comparable with similar conventionally powered cars, …

Electric Car Mini Adventure
Keep The Engine Running
Just Drive
Driver Friendly Roads
Rare Earth
Reasons To Hate The Toyota Prius
Renewable Energy Con
V2G Technology

Ford Warns Electric Cars Are Only For The Rich