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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#41
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Kids Build Soybean-Fueled Car
Fuel economy compared to what though
Compared to a 5 seater 4wheel drive vehicle with a 5000 pound towing capacity? I havent done enough investigations yet into it to see I know i'mt aking a giant fuel economy hit moving off of my current car to anything. Rex B wrote: Brent Philion wrote: I love using diesel vehicles and finally found ONE mid power north american diesel. the other options are HUGE trucks or small cars like the jetta the Jeep liberty seems to be the only north american vehicle with a midsized diesel. 150ish Hp instead of 300 in the trucks and -100 for the cars I like the CRD Liberty, drives well. Fuel economy is disappointing. I presume that is because the CRD is a cheaper fuel injection. Also, the Liberty is surprisingly heavy, |
#42
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
"J. Clarke" wrote in message ... F. George McDuffee wrote: On Sun, 12 Mar 2006 22:20:06 -0500, "ATP*" wrote: snip But WRT soy-based diesel, there is a large energy expenditure, although not as bad as ethanol, which by some estimates costs more in BTUs to make than it delivers. snip This is called entropy or the first law of thermodynamics. You can't have a perpetual motion machine, i.e. create energy. Thus this argument [mainly used by people that don't want a solution] is specious. It's specious _only_ if the people presenting it _include_ the solar input which would otherwise go to waste in their calculation of the energy cost. Do they do this? No. |
#43
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
"F. George McDuffee" wrote in message ... On Sun, 12 Mar 2006 22:20:06 -0500, "ATP*" wrote: snip But WRT soy-based diesel, there is a large energy expenditure, although not as bad as ethanol, which by some estimates costs more in BTUs to make than it delivers. snip This is called entropy or the first law of thermodynamics. You can't have a perpetual motion machine, i.e. create energy. Thus this argument [mainly used by people that don't want a solution] is specious. It is not if the energy input you count is supplied by petroleum. Right now the whole ethanol industry is just a taxpayer subsidized sham that is doing nothing toward net energy self-sufficiency, but plenty to line the pockets of corn growers. http://www.straightdope.com/columns/031128.html |
#44
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
F. George McDuffee wrote: Whose financial house is in better order -- yours or General Motors? As a percentage of gross income, who had a higher percentage of "retained earnings" -- you or Ford? Who would you rather have managing your 401k -- you or the "blue ribbon" board of directors at Enron? The stockholders are the owners of the company [at least in theory] If you read what I said about the Dividend Reinvestment Program [DRIP] you would see that this allows the individual owners [stock holders] to decide what to do with *THEIR* money. The record shows that corporations are becoming increasingly reckless in their fiduciary duties, with "management" increasingly regarding any profit generated as theirs, skimming increasing amounts off the top for grossly excessive salary and bonuses for [dubious] performance and failing to invest in the core business. Unka George (George McDuffee) I did read what you said about DRIPS, but the idea still sucks. It forces the company to give the money to the stock holders and therefore have income which the government taxes. So if the company makes say $10 / share and pays out half, then there are taxes paid on that half. And the taxes come out of the shareholders pocket. Even if every shareholder participated in the DRIP program, taxes on the dividends would reduce the amount of money available for the company to use to grow. So as I see it your plan lets the government decide that the company should pay taxes on the profits, and then the stockholders should pay taxes on top of that on at least half of the profits. Good for the government, tends to suck for the stockholders. I might not want Enron managing my investments, but I do want Nucor and Carpenter Tech managing some of my investments. So If I don't want Enron, I just don't buy Enron stock. Simple, no government involvement with a one size fits all solution. Don't like paying excessive salaries, try looking up the Nucor Web Site and tell me if the salaries are excessive. When you do this go somewhere like yahoo finance and look at the performance of Nucor stock. Nucor did not pay dividends for years, instead investing the profits back into the business. They went from producing no steel in 1960 to being one of the largest american steel companies now. Dan |
#45
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
On 13 Mar 2006 19:31:08 -0800, "
wrote: snip So as I see it your plan lets the government decide that the company should pay taxes on the profits, and then the stockholders should pay taxes on top of that on at least half of the profits. Good for the government, tends to suck for the stockholders. snip I suggest you check the current US tax regulations on this. If you are saving for retirement, properly constructed 401k or IRA/Keogh should shield any dividend income from taxation until it is withdrawn and spent. On the other hand, why should stockholders *NOT* pay taxes on their income? When they don't pay their taxes, someone else must make up the shortfall or it adds to the deficit (with compound interest to the bond holders). We seem to have created a class of nobility in this country that feels that by right they are exempt from paying their full share of the cost of government, while demanding at least their share of governmental services such as police, fire, courts, patents, customs, etc. You look at the exceedingly small number of very well run American corporations with long-term ethical management, I look at the much larger number of poorly run American corporations with short-sighted amoral management, and we naturally reach two very different conclusions. Changes in corporate policy by changes in the board of directors is a pipe dream that Wall Street still sells and the suckers continue to buy. SEC stock proxy rules, staggered director terms and "poison pill" defenses are specifically designed to prevent this. The only thing that has ever put any starch in a director's backbone is the threat of a stockholder class-action lawsuit for breach of fiduciary duty and/or the Sorbains-Oxley act with some jail time. I am continually amazed that the mutual funds, that now own a majority of corporate stocks, allow the corporations to amass and manage excessive amounts of retained earnings and have done nothing to stop the profit skimming attributable to excessive executive compensation. If you directly or indirectly own stock in a corporation, those earnings are *YOUR* money. Unka George (George McDuffee) What a country calls its vital economic interests are not the things which enable its citizens to live, but the things which enable it to make war. Petrol is more likely than wheat to be a cause of international conflict. Simone Weil (1909-43), French philosopher, mystic. «The Power of Words», in Nouveaux Cahiers (1 and 15 April 1937; repr. in Selected Essays, ed. by Richard Rees, 1962) |
#46
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
wrote in message ups.com... In my part of California, it hardly ever gets below 35 F so what is your point?? Easy John The point is that the lack of cold weather tolerance of biodiesel is a very significant factor when people want to talk about large scale replacement of conventional diesel. Biodiesel can be a supplement to conventional diesel but the chance it will replace it completely is zero. Steve. |
#47
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
Carl Byrns wrote:
On Sun, 12 Mar 2006 23:06:52 -0500, Brent Philion wrote: OOPS pressed send too soon Farm diesel and farm implements need anything but high quality fuels. Who told you that? The diesels that most ag equipment are powered by are designed to use same fuel as trucks and heavy equipment. They require clean fuel with a cetane rating of 40. Low quality fuel will kill them quick- we see the results in our shop when someone cheaps out and tries to run a modern turbodiesel on old, crappy, 'discount diesel'. -Carl A lot of folks seem to (incorrectly) think there is some quality difference between #2 diesel fuel at the pump vs. #2 home heating oil or #2 off-road diesel. The reality is of course that all three are exactly the same base fuel with the difference being transportation fuel taxes and the addition of red dye to the non-taxed fuel. Pete C. |
#48
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
F. George McDuffee wrote:
On 13 Mar 2006 19:31:08 -0800, " wrote: snip So as I see it your plan lets the government decide that the company should pay taxes on the profits, and then the stockholders should pay taxes on top of that on at least half of the profits. Good for the government, tends to suck for the stockholders. snip I suggest you check the current US tax regulations on this. If you are saving for retirement, properly constructed 401k or IRA/Keogh should shield any dividend income from taxation until it is withdrawn and spent. On the other hand, why should stockholders *NOT* pay taxes on their income? When they don't pay their taxes, someone else must make up the shortfall or it adds to the deficit (with compound interest to the bond holders). We seem to have created a class of nobility in this country that feels that by right they are exempt from paying their full share of the cost of government, while demanding at least their share of governmental services such as police, fire, courts, patents, customs, etc. Stockholder pay taxes on dividends when paid, they don't pay taxes on capital gains until they sell the stock. As for this "class of nobility", does Bill Gates use more government services than someone living on a park bench? Does Bill Gates pay more taxes than a person living on a street corner? I'm sorry, but you've let your rhetoric go to your head if you think that people who have significant investments pay less tax than people who cannot afford to make such investments. You look at the exceedingly small number of very well run American corporations with long-term ethical management, I look at the much larger number of poorly run American corporations with short-sighted amoral management, and we naturally reach two very different conclusions. Changes in corporate policy by changes in the board of directors is a pipe dream that Wall Street still sells and the suckers continue to buy. SEC stock proxy rules, staggered director terms and "poison pill" defenses are specifically designed to prevent this. The only thing that has ever put any starch in a director's backbone is the threat of a stockholder class-action lawsuit for breach of fiduciary duty and/or the Sorbains-Oxley act with some jail time. So? Stock proxy rules do not prevent any person from voting his own shares. Staggered terms mean that it just takes longer to replace the board. I am continually amazed that the mutual funds, that now own a majority of corporate stocks, allow the corporations to amass and manage excessive amounts of retained earnings Why? You think that mutual funds can't make money from capital gains? and have done nothing to stop the profit skimming attributable to excessive executive compensation. What fraction of the actual income of the company goes into "excessive executive compensation"? If you directly or indirectly own stock in a corporation, those earnings are *YOUR* money. So why is it your business how I handle MY money? You seem to insist on substituting your judgment for mine in the matter of how I want that money handled. If you want dividends then buy stock from companies that historically pay dividends instead of demanding that companies in which you invested without doing your homework change their behavior to suit your desires. -- --John to email, dial "usenet" and validate (was jclarke at eye bee em dot net) |
#49
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
A lot of folks seem to (incorrectly) think there is some quality difference between #2 diesel fuel at the pump vs. #2 home heating oil or #2 off-road diesel. The reality is of course that all three are exactly the same base fuel with the difference being transportation fuel taxes and the addition of red dye to the non-taxed fuel. Pete C. Not in all areas. Most places use cheaper, (higher sulphur) diesel for off road. Ron Thompson On the Beautiful Florida Space Coast, right beside the Kennedy Space Center, USA http://www.plansandprojects.com My hobby pages are he http://www.plansandprojects.com/My%20Machines/ Severe stupidity is self correcting, but mild stupidity is rampant in the land. -Ron Thompson |
#50
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
On Mon, 13 Mar 2006 15:33:32 -0500, "SteveF"
wrote: snip Or because they recognize that the American public is all for doing something about the environment until they realize it is either going to cost them money or be an inconvenience. My neighbor runs a local heating oil company and we have had a number of discussions about biodiesel. He told me that there is a large scale production plant opening in eastern North Carolina but that even with the government subsidies, the biodiesel is quite a bit more expensive than regular heating oil. Tell someone that the fuel they are using might cause their vehicle to be very hard to start if the cold weather shows up before the "winter" blend arrives and they will tell you were you can stick your renewable fuel. snip ====================== Don't assume that the choice is between cheap fuel and expensive fuel when the choice is between expensive fuel and no fuel. Don't assume that bio-diesel and/or SVO *MUST* be used by the consumer in their light duty vehicles. Again this can (and should by the Praeto principal) be targeted (at least to start) for the high volume users such as locomotives and inter-state truckers (which from a strategic perspective are more important anyhow), possibly with distribution limited to the milder climate areas. Consider the process and results of setting priorities and making decisions in your life: You can't wait for perfect and complete information because you would never make a decisions and one will be made for you; There are always some drawbacks and downsides because a "solution" that meets every requirement and desire is not possible. It is a gross waste to use #2, bio-diesel, or SVO as a direct replacement in home heating. What needs to be considered is co-generation in which a small diesel engine powers a generator with the "waste" heat generated used for heat, and the power either consumed on site or sold back to the electric company. Many states now require the electric companies to accept back into the grid consumer generated power. The benefit of this is that the colder the weather, the more the diesels are run and the more power is generated and fed back into the grid when it is needed. "Doing nothing", and/or "more of the same only better" never were options and we are rapidly running out of money to keep buying foreign oil for energy and feed stocks. Every barrel of oil *NOT* imported reduces the foreign trade deficit by 65$. Failure to grasp this simple fact shows how out of touch with reality our government and policy makers have become. Unka George (George McDuffee) What a country calls its vital economic interests are not the things which enable its citizens to live, but the things which enable it to make war. Petrol is more likely than wheat to be a cause of international conflict. Simone Weil (1909-43), French philosopher, mystic. «The Power of Words», in Nouveaux Cahiers (1 and 15 April 1937; repr. in Selected Essays, ed. by Richard Rees, 1962) |
#51
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
F. George McDuffee wrote:
On Mon, 13 Mar 2006 15:33:32 -0500, "SteveF" wrote: snip Or because they recognize that the American public is all for doing something about the environment until they realize it is either going to cost them money or be an inconvenience. My neighbor runs a local heating oil company and we have had a number of discussions about biodiesel. He told me that there is a large scale production plant opening in eastern North Carolina but that even with the government subsidies, the biodiesel is quite a bit more expensive than regular heating oil. Tell someone that the fuel they are using might cause their vehicle to be very hard to start if the cold weather shows up before the "winter" blend arrives and they will tell you were you can stick your renewable fuel. snip ====================== Don't assume that the choice is between cheap fuel and expensive fuel when the choice is between expensive fuel and no fuel. That isn't the choice at the moment though. Don't assume that bio-diesel and/or SVO *MUST* be used by the consumer in their light duty vehicles. Again this can (and should by the Praeto principal) be targeted (at least to start) for the high volume users such as locomotives and inter-state truckers (which from a strategic perspective are more important anyhow), possibly with distribution limited to the milder climate areas. Consider the process and results of setting priorities and making decisions in your life: You can't wait for perfect and complete information because you would never make a decisions and one will be made for you; There are always some drawbacks and downsides because a "solution" that meets every requirement and desire is not possible. It is a gross waste to use #2, bio-diesel, or SVO as a direct replacement in home heating. What needs to be considered is co-generation in which a small diesel engine powers a generator with the "waste" heat generated used for heat, and the power either consumed on site or sold back to the electric company. Now, how is that better than using it directly for heating? You get less heat out of it and the efficiency of a small internal combustion engine is quite a bit lower than a large baseload steam turbine power plant so you're not getting efficient use of the fuel for either purpose. Now, if you use it to drive an internal combustion engine that drives a heat pump, you might be on to something--there almost all the energy of the fuel goes into heat and some is extracted from the environment as well. There are also the maintenance and noise issues. A diesel is simply not as cheap to maintain as an oil furnace and you'd have to put quite a bit of work into it to make it quiet enough that a bunch of them running in a residental neighborhood would be socially acceptable. And then it's 2 AM and the temperature is 30 below and half the bloody things in the country won't start and now what? Many states now require the electric companies to accept back into the grid consumer generated power. The benefit of this is that the colder the weather, the more the diesels are run and the more power is generated and fed back into the grid when it is needed. Uh why is more electric power "needed" in cold weather unless electric heat is commonplace? "Doing nothing", and/or "more of the same only better" never were options and we are rapidly running out of money to keep buying foreign oil for energy and feed stocks. Every barrel of oil *NOT* imported reduces the foreign trade deficit by 65$. Failure to grasp this simple fact shows how out of touch with reality our government and policy makers have become. And so you propose that everyone use an inefficient generator to provide heat instead of an efficient furnace. -- --John to email, dial "usenet" and validate (was jclarke at eye bee em dot net) |
#52
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
On Tue, 14 Mar 2006 14:00:31 GMT, "Pete C."
wrote: Carl Byrns wrote: On Sun, 12 Mar 2006 23:06:52 -0500, Brent Philion wrote: OOPS pressed send too soon Farm diesel and farm implements need anything but high quality fuels. Who told you that? The diesels that most ag equipment are powered by are designed to use same fuel as trucks and heavy equipment. They require clean fuel with a cetane rating of 40. Low quality fuel will kill them quick- we see the results in our shop when someone cheaps out and tries to run a modern turbodiesel on old, crappy, 'discount diesel'. -Carl A lot of folks seem to (incorrectly) think there is some quality difference between #2 diesel fuel at the pump vs. #2 home heating oil or #2 off-road diesel. The reality is of course that all three are exactly the same base fuel with the difference being transportation fuel taxes and the addition of red dye to the non-taxed fuel. Pete C. And all those fuels degrade with time- leftover last years diesel is a low quality fuel. My point still stands- The diesels that most ag equipment are powered by are designed to use same fuel as trucks and heavy equipment. They require clean fuel with a cetane rating of 40. The OP's statement that "farm diesel and farm implements need anything but high quality fuels" is false. -Carl |
#53
Posted to rec.crafts.metalworking
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Kids Build Soybean-Fueled Car
F. George McDuffee wrote: snip I suggest you check the current US tax regulations on this. If you are saving for retirement, properly constructed 401k or IRA/Keogh should shield any dividend income from taxation until it is withdrawn and spent. On the other hand, why should stockholders *NOT* pay taxes on their income? When they don't pay their taxes, someone else must make up the shortfall or it adds to the deficit (with compound interest to the bond holders). We seem to have created a class of nobility in this country that feels that by right they are exempt from paying their full share of the cost of government, while demanding at least their share of governmental services such as police, fire, courts, patents, customs, etc. You look at the exceedingly small number of very well run American corporations with long-term ethical management, I look at the much larger number of poorly run American corporations with short-sighted amoral management, and we naturally reach two very different conclusions. Changes in corporate policy by changes in the board of directors is a pipe dream that Wall Street still sells and the suckers continue to buy. SEC stock proxy rules, staggered director terms and "poison pill" defenses are specifically designed to prevent this. The only thing that has ever put any starch in a director's backbone is the threat of a stockholder class-action lawsuit for breach of fiduciary duty and/or the Sorbains-Oxley act with some jail time. I am continually amazed that the mutual funds, that now own a majority of corporate stocks, allow the corporations to amass and manage excessive amounts of retained earnings and have done nothing to stop the profit skimming attributable to excessive executive compensation. If you directly or indirectly own stock in a corporation, those earnings are *YOUR* money. Unka George (George McDuffee) Once again you seem to believe I am fresh off the boat. I am very familar with 401K's, Sep-IRA's, Roth IRA's , but not all that familar with Keogh plans. And while helpful I do not have all my money in IRA's or 401K plans. For one thing I am way too old for your suggestions. Much of my stocks were bought before there were any 401K or IRA's. And although I fully funded my IRA's and contributed as much as possible to my 401K plan, I also bought stocks. Hey it is my money and I get to decide if I buy a new car and have someone service it, or buy a second hand car and do the service myself. I did the later and bought stocks instead. Okay bright guy, tell me why the government should tax corporate profits and then tax the same money again when the shareholder is paid some of that after tax money as a dividend. The money has already been taxed once. And as far as not paying taxes, I expect that I pay more taxes than you. Please explain why you think I should pay more than my share of taxes..........Because I do. Currently I am paying social security taxes, medicare taxes, and also paying into medicare out of my social security benefits,and paying taxes on 85% of my social security benefits. Plus income taxes including income taxes on my mandatory IRA withdrawals. Why do you care about those companies that are poorly run and have short sighted management? I don't see anyone forcing you to buy their stock. And why do you believe ( I can't use think here ) that most companies are poorly run? And Damn Straight those earnings in the companies whose stock I own are MINE and sure as HELL don't want your help or the governments help in deciding if I want the company to pay dividends or grow the company. If you plan of forcing companies to pay out half of their profits in dividend were implemented, we would see a depression. Companies would not be making as many capital investments, so those companies that sell capital equipment would dive, people would be fired, and bam, more than a recession. It would be a depression. Dan |
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