Robert Samuelson in Newsweek said that if Obama met his goal of having 1 million electric cars on the road we would save 40,000 barrels of oil. That is 0.2% of the 19 million barrels we use daily.
Chevy hopes to sell 25,000 Volts in 2011.
Remember, it is all about fees! Wall Street says, “you must grow! Diversify your company, add complimentary business, vertically integrate! We will help you build your company and earn consulting fees while you do it.”
Now Wall Street says, “you must concentrate, specialize in one thing, simply! We will help you split up your company into tiny pieces and bring them public. And we’ll earn fees while we do it.”
Today, ITT announced it was splitting up into three companies.
The last roll of Kodachrome FILM was manufactured Thursday. Kodak started making film for cameras in 1935.
