Here we are, on the eve of a recession induced by bad credit, energy and food (the last two always left out of the inflation and economic indexes, go figure), and the merry campaign to kill the ICE (Internal Combustion Engine) powered automobile is in full swing.
Now don’t get us wrong, the alternative fuel idea is way behind need and demand, but please, technology just isn’t ready. Here come all the half-baked designs!
The latest news is the fresh court decision in Vermont, to allow that state to adopt California emissions regulations. This, in a state with the fewest cars per capita. This paves the way for ten other states top do the same: Connecticut, Maine, Massachusetts, Minnesota, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and New York.
The District of Columbia, New York City, the Center for Biological Diversity, Natural Resources Defense Council, Environmental Defense and the Sierra Club were all parties in the lawsuit.
Get ready for the new US recession, triggered by factors noted above, plus Iraq War debt. Now, if any foreigners decide to cash in their holdings in the US bonds that are propping up the US economy, this country is looking at a depression, even a collapse.
Don’t think so? We hope you’re right, but we doubt it.
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