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EUROPEAN CAR MAKERS CONFRONT REALITY AFTER CHINA ANNOUNCEMENT

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      CARMAKERS FACE ELECTRIC REALITY AS COMBUSTION ENGINE OUTLOOK DIMS

      " . . . a Chinese minister said it was a question of when, not if, Beijing bans fossil-fuel cars, tightening the noose around the combustion engine. France and Britain have promised its outright abolition by 2040."

      FRANKFURT (Reuters) - European car bosses are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by government pledges to outlaw the combustion engine.

      As the latest such announcement on Monday by China added momentum to a push for zero-emissions motoring, Daimler (DAIGn.DE), Volkswagen (VOWG_p.DE) and PSA Group (PEUP.PA) gave details about their electric programs that could give policymakers some pause.

      Planned electric Mercedes models will initially be just half as profitable as conventional alternatives, Daimler warned - forcing the group to find savings by outsourcing more component manufacturing, which may in turn threaten German jobs.

      “In-house production is almost irrelevant to the consumer,” Daimler boss Dieter Zetsche told reporters on the eve of the Frankfurt auto show, in the midst of a German election campaign in which automotive jobs have loomed large.

      The company set a target of saving 4 billion euros ($4.8 billion) by 2025 to help fund the cost of its electric cars.

      “Daimler is the first company to state explicitly how much electric vehicles are going to hurt margins,” said Bernstein analyst Max Warburton. “It was brave to go first - but of course it won’t be the last.”

      Volkswagen (VW), for its part, said it was seeking new global supplier contracts to source 50 billion euros ($60 billion) of electric car content including batteries, which are not yet manufactured competitively in Europe.

      Volkswagen (VOWG_p.DE) is stepping up its shift to electric cars and plans to invest more than 20 billion euros ($24 billion) in zero-emission vehicles by 2030 to challenge pioneer Tesla (TSLA.O) in creating a mass market.

      The world’s largest automaker by sales said on Monday it would roll out 80 new electric cars across its multi-brand group by 2025, up from a previous goal of 30, and wanted to offer an electric version of each of its 300 group models by 2030.

      http://www.reuters.com/article/us-autoshow-frankfu..

      http://www.reuters.com/article/us-autoshow-frankfurt-volkswagen-electri/volkswagen-spends-billions-more-on-electric-cars-in-search-for-mass-market-idUSKCN1BM296?utm_.

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      Peaches And Climate Change: Warmer Winters Reduces Fruit Blossoms/Fruit.

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          I read an interesting article in the Sunday edition of the AJC. It told of a historical Georgia Peach Growing family and the devastating loss of this years harvest and how the loss is directly related to Climate change. Though the family blames it on cyclical weather patter and doesn't accept the loss as evidence of Climate change, the evidence that it is related to climate change makes for a compelling read. Simply put, Peach trees, of the variety that has mad Georgia famous (Sweet Georgia Peach), require a certain amount of winter sleep, a dormant period, in order to blossom and produce fruit. Warm winters aren't conducive to trees sleeping the needed amount of hours to produce fruit. The question is, are these warm winters caused by climate change or just normal weather cycles that happen every other generation.

          It is long, but it is also a good read.

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          Opinion | When The Rich Said No To Getting Richer

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              Our choice, in re tax policy reform, is either "soak the rich" or "protect individual freedom," right?


              Of course not (though I admit to being in the "soak the rich" column if those are the choices). Can you imagine, my fellow leftists/liberals/socialists, holding up as a role model rich guy George Romney (Mitt's dad)? David Leonhardt has some interesting things to say about this--

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              Plan To Put Bust Of Woman On US Note Now Up In The Air.

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                  Money Matters ~ Dajuan Candle

                  For years and years there has been talk of putting the bust of an American Heroine on the front of a US Bill. It has never been done --not in the modern era, Martha Washington did appear on a $1 dollar silver note in the 1800's. The most recent Treasury Administrator spoke of having a woman's face replace that of Alexander Hamilton, but with the success of the Broadway hit play "Hamilton" the decision was made to replace the image of Andrew Jackson, a non-repentant slave owner on the $20 bill. And it was further decided that the female heroine to replace him would be famed slave abolitionist Harriet Tubman. Now, this new administration has shown signs of taking a step back as to put the project on hold claiming that images on our currency aren't as important as making sure money can't be counterfeited. Well, I always thought that was one of the main reasons the currency has been changing over the last 20 years and that the female heroine change was a part of that. Perhaps I thought wrong.

                  Me thinks it is being put on hold for political reasons, just because the change was proposed while Obama was still President and Trump doesn't want anything that happened on Obama's watch to be followed through on. If so, this is really sad. All of these years talking about putting the face of a woman on just one of our bills and now, just when it is about to happen, some male that looks like all of the other images on our bills has to rethink it.

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                  Have You Received A Robo Call Saying You Had Won A Cruise?

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                      Then you may be entitled to compensation from a class action settlement.

                      Just go to the Website rmgtcpasettlement.com. Click on how to file a claim. If you have not received a post card, go to the section that says I have not receive a notice. You will go to the section where you can put your phone number in. Put in 10 numbers, nothing else. If you are a part of the settlement, it will let you know, and you can file a claim online.

                      You can receive up to 900 hundred dollars from this class action lawsuit, but a minimum of 300 dollars. You have until November to get your claim in. It is easy to do, so get on it.

                      I have received so many of these calls telling me I won a cruise, I have lost count. I love it that I can get back at these companies for wasting my time.

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                      Climate Change And Pollution Go Hand In Hand With Capitalism

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                          Fixing our planet may not be that simple. There is a lot fighting against those that really care. Starting at the top means humans have to make a choice between convenience or our planet. As things are going those at the top only see dollar signs, and they are not worried about future generations because they will be long gone.

                          So now the big question is changing their minds and going against the grain of the almighty dollar. When capitalism rules then the planet is the first to suffer. They cut corners. They ignore the right thing because it makes them no money. Where do you start to fix the mess?

                          https://pichame.wordpress.com/2017/08/21/climate-c...

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                          AT&T's $85 Billion Time Warner Merger Is Going To Be Approved

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                              They are going to build the goliath again to take down Net Neutrality for good.

                              AT&T's $85 Billion Time Warner Merger is Going to be Approved
                              Friday Aug 18 2017 16:00 EDT

                              Despite Donald Trump's breathless promise to block AT&T's $85 billion acquisition of Time Warner during the Presidential campaign, the companies and DOJ are moving into the "advanced stages" of the approval process, notes The Wall Street Journal. The two sides were already busy talking conditions as of last month, according to numerous reports. Traditionally, conditions affixed to such deals have been proposed by the companies' themselves, and tend to be little more than theatrical in benefit.

                              AT&T's streaming competitors are pushing for meaningful conditions, however, since they worry AT&T will use its size to prevent competitors from getting reasonable access to content licensing (like HBO) they'll need to compete with AT&T's own DirecTV Now streaming service.

                              AT&T has also repeatedly come under fire for using usage caps to penalize competitors, but not AT&T's own content (aka zero rating), while consistently working to undermine net neutrality (an open, competitive internet).

                              AT&T and Time Warner already managed to eliminate the need for FCC review by selling an Atlanta TV station and avoiding any spectrum license transfers, which would have triggered FCC involvement. That means the deal only needs approval by the DOJ, where Trump appointed a new antitrust boss that has publicly stated he doesn't see any problem with the megamerger -- but hasn't seen Senate approval yet.

                              Trump repeatedly promised to block the merger on the campaign trail.

                              "In an example of the power structure I’m fighting, AT&T is buying Time Warner and thus CNN -- a deal we will not approve in my administration because it’s too much concentration of power in the hands of too few," Trump said last fall.

                              That was then, this is now. Most analysts expect the deal to be approved with relatively modest conditions, which would be in line with the Trump administration's rather cozy treatment of incumbent ISPs like AT&T (see the killing of consumer privacy rules and net neutrality). Additional reports indicated that post-merger, AT&T is planning to kill off the Time Warner brand completely, and current Time Warner CEO Jeff Bewkes will be moving on once the deal is completed.


                              http://www.dslreports.com/shownews/ATTs-85-Billion...

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