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ID411 , in Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

Something somethi free market blah blah blah.

Death to capitalism

Allonzee ,

Capitalism is clearly going to death us first.

arin , in The Supreme Court rules that state officials can engage in a little corruption, as a treat

Guillotine

interdimensionalmeme ,

Oh Arin ! That’s your sokution to everything ☝️☝️😁

Dkarma ,

Worked for the French 🤷‍♂️

FordBeeblebrox ,

🛎️ SHAME!

Maybe a bit of flogging?

thesporkeffect , in A Palestinian was shot, beaten and tied to an Israeli army jeep. The army says he posed no threat

Would any reasonable human being not be radicalized by this?

Maggoty ,

Yes but,

We need to stop using the word radicalized in reference to people signing up to fight foreign soldiers. We’d all be signing up to militias to assist our national military in case of an invasion like this. This is no different. Using the word “radicalized” is technically correct here but shades this as a non state terrorism problem when Hamas was and is conducting itself as the government of this territory.

some_guy , in The Supreme Court rules that state officials can engage in a little corruption, as a treat

It’s why they got elected.

Maggoty ,

*Appointed

lolcatnip ,

They weren’t elected.

some_guy ,

Oh, I thought the headline meant that elected officials (state officials) could engage in corruption. I didn’t read it as Justices of SC could do so, only that they said it’s ok.

scottmeme , in Utah man sues over Netflix’s ‘The Program,’ saying its portrayal of his ‘troubled teen’ career defamed him

Black mirror af

Rooskie91 , in Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

Sounds like US automaker higher prices are the actual threat.

sunzu ,

God forbid these parasites have to compete.

Z HORROR, HORROR, I TELL U

ShepherdPie ,

Are you arguing there’s no competition in the US or are you arguing that China should have to compete without the subsisides?

sunzu ,

My thesis is that China's biz took state aid and made into something...

We provide state aid to our industry and they just sole that money, now that China is caught up, they are crying for more state aid.

Another example Intel, blows 50 billion on stoke buybacks, tax payer gives them 35 billion for fabs in US, Germany gives them 10 for one in Germany.

Clown capitalism right there.

ChocoboRocket ,

For what it’s worth, a government can absolutely subsidized an industry in an attempt to capture a foreign market.

There’s a reason Japan and Korea have their own auto industries despite being next door to the largest manufacturing nation on earth, and it isn’t because they’re somehow making and distributing them for even less than China.

That being said, several automakers have blindfolded themselves about the type of cars people want. I do hope this threat is significant enough that automakers actually shift to mini-electric transportation options.

If not, I’d be happy enough buying a small Chinese electric even if the taxes made it equivalent to a larger “western” vehicle. Because it’s what I want to have available to me and it’s nice to fuck capitalists with capitalism.

UnpledgedCatnapTipper ,

It’d be nice if instead of putting massive tariffs, we would just subsidise production of comparable, small cars.

Dudewitbow ,

its less about the subsidies and more that budget buyers in the U.S in particular are very picky buyers.

while the federal/state EV tax credits, you can get vehicles like the Chevy Bolt for 20-22k. regardless the car still isnt that popular (meaning theres something specific about the car that buyers dont want).

for those buying used cars, theres not mamy reasons why someone would buy a say new 18k-20k EV that had many cuts in design vs an older premium EV. Used 2016 Model S for example can be found near 16k. its a new cheap car vs used premium car debate

this places a burden any any auto maker trying to make a budget car, because in order for it to sell well, they need to have razor thin margins, and sell a lot. failure to do so would spell the end of your compamy due to how many you produced.

bradorsomething ,

I feel you strongly misunderstand the financial position of a lot of americans. They buy what they can afford, and would love a cheap new option in the market.

Dudewitbow , (edited )

those who are in the budget state of mind is more likely buying a used vehicle over a brand new one. again, its the situation of a cheap new vehicle with a lot of cuts vs old vehicle that was considered premium. companies dont want to make a new cheap car because they have to compete with old premium ones.

when both the nissan leaf and chevy bolt guaged the market for a cheaper ev, they werent popular to the point where both models were canned, the leaf with no future date of return, and the bolt which chose not to have a new yearly model and will consider a newer one later. Fisker bankrupted itself out of the market, other external conpanies like kia arent importing their 20k evs like thr EV5 nor Ray EV for telling reasons, because the US market is extremely picky about what kind of car theyll buy.

the prices on cars in china are post government subsidies, and its already proven time again that when a BYD car gets moved elsewhere its real price is higher (sits closer to 20k rather than 12k) which would not put it that far from existing budget cars post federal subsidy.

keep in mind the american buyerbase is very politically charged. Conservative opinions have outright said they hate the push towards EVs, of those left, many have the common U.S mindset, that is they will only buy SUVs or Crossovers. then you have the section that will refuse to buy a car without a certain amount of capacity, which is why you can buy cars with 140-150 mi capacity outside of the U.S but its basically non existant within it. Its basically only the U.S market thats extremely picky with these kind of stuff, where drivers heavily value leg room and size over cost/efficiency

afraid_of_zombies ,

June 11th 2024 GM announced that the board approved a 6 Billion dollar stock buyback plan.

That is a direct wealth transfer from the company to the owners.

We have met the enemy, and they are us.

BeMoreCareful ,

The next quarter is the only thing that matters.

afraid_of_zombies ,

And this is why we will bail them out again.

That 9 billion could have been spent on making a low cost EV to compete. It could have been spent as retention bonuses for their best workers. It could have been spent so many things that would secure their future in a changing world.

BeMoreCareful ,

I think it’s as true for government as it is for corporations. Nobody is the adult in the room.

Senokir , in He flipped off a trooper and got charged. Now Vermont is on the hook for $175,000

youtu.be/zHbv2YQ6yF4

Good video covering the incident in detail

unmagical , in Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

Sounds like some healthy competition the caps are always on about

cmoney , in Supreme Court briefly leaks opinion allowing Idaho abortions

I’m sure Idaho will clearly define “emergency” or “life threatening” so Doctors won’t be worried about facing criminal charges for performing an emergency abortion. If you believe that I’ve also got a bridge that’s for sale in the Brooklyn area.

Reverendender ,

Idaho should be relying on the doctors to define these things and make the call, not the other way around

cmoney ,

Absolutely, the fact that politics are involved is horrific.

extremeboredom , in He flipped off a trooper and got charged. Now Vermont is on the hook for $175,000

The American Gestapo exist to enforce their feelings and advance the interests of wealthy property owners.

Etterra ,

And persecute minorities. Don’t forget that they’re racist.

Infynis , in Supreme Court briefly leaks opinion allowing Idaho abortions
@Infynis@midwest.social avatar

I really hate that the Supreme Court has borrowed the P2W “early access” model from shitty video games

Reverendender ,

I can’t wait for the Inalienable Rights DLC to drop

JoMiran , in A ton of job postings might actually be fake
@JoMiran@lemmy.ml avatar

This is similar to when contracts go “up for bid” but they are really just going through the motions in order to appease regulators or investors. We stopped bidding on stuff years ago because of this.

andros_rex , in Biden pardons thousands of US veterans convicted under law banning gay sex

Now might be the time to put some protections in place for trans folks serving in the military - those bans are a little more recent and likely to return if someone happens to win office…

I was going to join the Navy to help pay for school, and then one day it was no longer legal 🤡

CoggyMcFee ,

It would be up to Congress to make something that couldn’t simply be reversed, but I wouldn’t say now is the time for that since the GOP-controlled House almost certainly wouldn’t pass the bill, even if the Senate did. Biden can only issue executive orders that can be reversed on a whim.

eldavi , (edited )

I was going to join the Navy to help pay for school, and then one day it was no longer legal 🤡

something similar happened to me when i learned about don’t ask don’t tell.

i ended up taking student loans and i regret it.

andros_rex ,

I have tens of thousands in student loans for a job that my state made illegal for trans people to have 2 years after I graduated lol

eldavi ,

by january that will have happened to me twice because of executive order 10450 and a new law that congress and biden passed recently.

are you me, but younger?

can , in Utah man sues over Netflix’s ‘The Program,’ saying its portrayal of his ‘troubled teen’ career defamed him

Good

exanime , in The Supreme Court rules that state officials can engage in a little corruption, as a treat

And with this final blow… the entire government of the USA is up for sale!

kjaeselrek ,

🌎🧑‍🚀🔫🧑‍🚀

Corkyskog ,

I don’t think this decision would apply to like federal purchasing officials… so not yet.

Maggoty ,

It’s a federal law, and federal SCOTUS. there’s no reason why it wouldn’t.

Corkyskog , (edited )

Is there somewhere with more details?

Also I meant non elected officials like purchasing officials.

Maggoty ,

I know but if kickbacks are legal for the town mayor in federal law then it’s hard to see how they wouldn’t be legal for purchasing officials. The logic is that after the fact “gratuities” are just gifts.

Corkyskog ,

Ethically one would say so, but legally there are different laws written that directly constrain things around bribery for career employees.

Somehow I am extremely skeptical this ruling even applies, and if it does I think it only invalidates one of plethora of laws and regulations…

If you take any training on how to get a contract with the government there is without fail a section that goes over the at least two laws, if not more, about why you can’t bribe them and how you shouldn’t bribe them in various ways.

exanime ,

regular federal officials were up for sale way before this… the combined “corporations are people” and “money is free speech” nonsense meant anyone can openly throw money at anyone up for election and that’s A-OK because free speech

Corkyskog ,

I meant more like non elected officials, like a Contracting Officer.

exanime ,

who cares about those?, when the Secretaries and all the high level officials running everything can be bought

Corkyskog ,

Because you get things easier and faster that way.

Maggoty ,

It proves that it already was and has been. Citizens United tipped their hand that anyone with money (regardless of citizenship) is welcome to play.

BruceTwarzen ,

That’s not really news, but i’m always shocked how cheap they are.

r0ertel ,

Isn’t this simply the natural progression of capitalism in action? Everything’s for sale, everything has a price.

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