tagged w/ AAA
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[“It's interesting to note who owns (and runs) the S&P, a long string of banks and financial institutions headed by Wells Fargo and BofA. Any wonder why the subprime mortgages (some toxic) got an AAA rating when bundled with other mortgages? How cozy. Have a rating agency owned by the companies who want the rating. Looks like the ones that got the bailout (Goldman/Sachs is in there too) are trying to ditch the bailers. ChuckV”]
["In Omaha, the U.S. is still AAA. In fact, if there were a quadruple A rating, I'd give the U.S. that." Warren Buffett]
http://beforeitsnews.com/story/919/600/Who_owns_S_P_Profit_from_prior_knowledge_and_S_P_Debt_Chief_Warns_Agency_Might_Downgrade_U.S._Rating_AGAIN.html
So why did Banks & Wall Street downgrade themselves? To further prop up the myth that the PEOPLE must fork over more money in back door taxes; ( forfeiting prepaid public services ), and abandon consumer regulations which they fictitiously claim depress the economy, all as part of their steady march and assault on the PEOPLE'S money[“It's interesting to note who owns (and runs) the S&P, a long... more
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Recently Complete Business News Happy New Years Gift 2011 Updates The goal is to keep drunk drivers off the road. For one Missoula towing company it's a chance to give back.Recently Complete Business News Happy New Years Gift 2011 Updates The goal is to keep... more
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AAA Offers Free Towing For New Year's Eve 2011;The Tipsy Tow service is offered on 10 days of the year, including New Year's Eve. In an attempt to keep drunk folks off the roads for New Year's Eve 2011, its become a tradition for towing companies to offer a "Tipsy Tow" service on New Year's Eve.AAA Offers Free Towing For New Year's Eve 2011;The Tipsy Tow service is offered... more
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Generation Y Giving Cars a Pass-
--Selling cars to young adults under 30 is proving to be a real challenge for automakers. Unlike their elders, Generation Yers own fewer cars and don’t drive much. They’re likely to see autos as a source of pollution, not as a sex or status symbol.
Motorists aged 21 to 30 now account for 14% of miles driven, down from 21% in 1995.
They’re more apt to ride mass transit to work and use car sharing services -- pioneered by Zipcar -- for longer trips. And car sharing choices are expanding, with car rental firms moving into the market, making it convenient for young folks to rent with hourly rates and easy insurance. Connect by Hertz, for example, is rolling out its car sharing services in the New York metropolitan area, with plans to eventually expand them to around 40 college campuses nationwide.
more at LINK - - -
http://autos.yahoo.com/articles/autos_content_landing_pages/1523/generation-y-giving-cars-a-pass/Generation Y Giving Cars a Pass-
--Selling cars to young adults under 30 is proving... more
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Better world club is not only providing cheap roadside assistance, but they also provide green roadside services!
On top of that they even provide auto insurance. Oh wait, did I mention that they're the nation's one and only provider of bicycle roadside assistance?! If you're a biker, you'll need it! You can get a quote from them at their site and if you managed to find someone cheaper, they will even match their prices!
Highlights:
- Cheap
- Discounts to hybrids and biodiesel vehicles
- Donate 1% of gross revenue to green efforts
- Discounts on eco-travel and hybrid car rental
- Provide free carbon offset with auto insurance!
- Nation's one and only bicycle roadside assistance!Better world club is not only providing cheap roadside assistance, but they also... more
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Here's another Current TV host top favorite stories countdown. This time around we pulled together Vanguard correspondent Mariana van Zeller's top 14 Current TV videos, and gathered them here, for your delight.
Mariana's countdown is going to air today, at 6pm E / 3pm P on Current TV, so be sure to tune and join Mariana as she walks you through each story. What? You can't make it tonight? Don't worry, her countdown will re-air on Monday 9/21 at 1pm E / 10am P, so you could always set your DVR(s) to record.
For now, get a sneak peek at what she'll be covering in the special. These are some pretty memorable stories, and they've obviously left an impression on Mariana. Feel free to add links to some of your own favorite moments in Current TV in the comments.
Living Library
Here's Mariana's top 14 -- enjoy!
Living Library
The Internets Dumbest How To Videos -- Viral Video Film School on infoMania
Sierra Leone AAA from Vanguard
Kenya from Vanguard
F*ck My Facebook on Tech Report on infoMania
Ode to a Toothpaste from Vanguard
Toxic Seas from Vanguard
Medicine from Target Women on infoMania
War Wounds from Vanguard
Suicide in Japan
Camel Milk Bar from Vanguard
Old Lady Hip Hop
African Gun Market -- Wanna Buy an AK-47? from Vanguard
African Exodus from Vanguard
Here's another Current TV host top favorite stories countdown. This time around... more
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Labor Day holiday travel numbers are off from all time high numbers from 2008. Two factors take a bite out of this years numbers, back to school and the unemployment rate.Labor Day holiday travel numbers are off from all time high numbers from 2008. Two... more
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Exxon partners up in search of a new bio-fuel made from algae. AAA will now include Green Icon for eco-friendly hotel, motels,and bed breakfast along highway, Also in the news Zap! releases all electric no emissions vehicle, and Walmart takes another step to becoming greener. For More please visit www.greenstocksrock.comExxon partners up in search of a new bio-fuel made from algae. AAA will now include... more
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Gasoline prices extended their slide, dropping more than 4 cents a gallon and coming within 25 cents of breaching the $3 level, according to a daily survey of credit card swipes releases Sunday.
The average price of unleaded regular fell to $3.247 a gallon nationwide, down 4.4 cents from $3.291, according to the Daily Fuel Gauge Report issued by motorist group AAA. Gas prices have fallen 10.3 in just two days.
The decline comes as hurricane season winds down and oil prices drop because demand is likely to weaken as the economy slows.
Gas prices dropped a record amount in the last two weeks, falling by more than 35 cents a gallon, the publisher of a separate survey said Sunday.
The average price has dropped below $3 a gallon in six states: Iowa, Kansas, Minnesota, Missouri, Ohio and Oklahoma, where gas was selling for $2.83 a gallon, on average.
Gasoline is highest in Alaska, at $4.133 a gallon, with Hawaii - at $4.079 - the only other state above $4 a gallon.
Gasoline prices extended their slide, dropping more than 4 cents a gallon and coming... more
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AAA, who did well to focus on roadway safety reform through the 1940s, is isolating many consumers due to its stance on a more current safety issue: the environment. Most AAA members don't know that the organization "is a lobbyist for more roads, more pollution, and more gas guzzling. AAA is a member of the auto-industry backed American Highway Users Alliance, a group known for its love of laying new pavement. AAA's work with the AHUA isn't something it advertises with its members. Nor was the fact that AAA came out against the Clean Air Act back in 1990.
In fact most members don't know that AAA is involved in lobbying at all; but the group has a history of siding against everything from open-space measures, to public transportation funding, to the regulation of auto emissions.
In 2006 AAA's largest club, the Automobile Club of Southern California, worked against Prop. 87. The proposition would have established a "$4 billion program to reduce petroleum consumption (in California) by 25 percent, with research and production incentives for alternative energy, alternative energy vehicles, energy efficient technologies, and for education and training." The funding for the program would have been a gas tax, not on consumers at the pump, but on the "producers of oil extracted in California." Prop. 87 went on to specifically say that any additional costs would "not be passed on to consumers through higher prices for oil, gasoline or diesel fuel."
Better World Club may be an alternative for you even if you don't own a car but get around by bike!
AAA, who did well to focus on roadway safety reform through the 1940s, is isolating... more
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twodee
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3 years ago
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"WASHINGTON (Reuters) - Average U.S. gasoline pump prices -- already above $4 a gallon -- could run up 20 cents or more by mid-summer, if crude oil prices don't fall from record levels near $140 a barrel, analysts said.
Gasoline prices are up about a third from a year ago, heaping pressure on a U.S. economy beleaguered by falling home values, a sagging dollar and an anemic job market. Oil prices have risen six-fold in the past 6 years and are up 40 percent since January.
Travel group AAA reported national average retail gasoline prices over the weekend hit $4 a gallon for the first time ever.
There are more gasoline price increases lurking in the fuel delivery chain, especially if U.S. refiners are able to boost historically low profit margins and pass more of their soaring crude oil costs along to consumers.
"There is still a very big upside potential to gasoline prices, because refining margins are not anywhere near where they were a year ago," said Fadel Gheit, an analyst with Oppenheimer & Co.
"By the middle of July, if oil prices don't go lower, we are going to see another pop of at least 20 cents," Gheit said of gasoline retail prices.
U.S. crude settled up $10.75 at $138.54 a barrel on Friday, after touching an all-time high of $139.12, in its biggest gain in dollar terms on record. U.S. oil futures were lower on Monday at about $136.50 a barrel.
If Friday's jump were fully priced into retail gasoline prices, they would increase about 25 cents a gallon, Gheit said.
So far, that hasn't happened because low demand for gasoline, as well as a mandate for refiners to use corn-blended ethanol, has kept U.S. refining margins weak, he said.
According to Credit Suisse, a U.S. Gulf Coast refinery can make about $16.03 from turning a barrel of oil into gasoline and other products. That's down from $28.59 a year ago.
So far, profit incentives to produce gasoline are so anemic that major refiners like Valero Energy Corp are shutting down gasoline-making equipment.
"They are all cutting (gasoline production) because they say they are not in the business of losing money," Gheit said. "They are not running a charity for the truckers and the motorists."
Oil prices could top $150 a barrel by July 4, one of the busiest U.S. travel holidays, as strong demand in Asia triggers a slowdown in shipments of crude to the United States, investment bank Morgan Stanley said last week.
A $150 oil price would equate to about $4.50 a gallon for gasoline, if refinery profit margins hold steady, according to Tancred Lidderdale, an analyst with the federal Energy Information Administration.
"It will be going higher," Lidderdale said about the national pump price. "The price will be going up, and it all depends on the price of crude oil." Crude oil prices comprise more than 70 percent of gasoline prices.
Such estimates vary, however. According to analysts at the Oil Price Information Service, a $150 oil price would yield a retail pump price in a range of $4.32 to $4.37 a gallon.
Consumption in the United States already has shown signs of faltering, even as the world's top consumer enters the summer vacation season, when gasoline demand generally peaks."WASHINGTON (Reuters) - Average U.S. gasoline pump prices -- already above $4 a... more
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Crude-oil futures reached a new record high Tuesday as continued concerns over the balance of supply and demand and a forecast of $150 by the year's end from Texas oil man T. Boone Pickens helped to extend a winning streak in prices that have already climbed almost 3% in two sessions.
Crude for June delivery climbed as high as $129.45 a barrel on the New York Mercantile Exchange. It was last up $2.10 at $129.15. Prices reached an all-time high of $129.58 in electronic trading.
The June crude contract expires at the end of trading Tuesday. Contract expiration often adds volatility to the market and exaggerates the moves in prices.
The U.S. price for a gallon of regular gasoline climbed to another record of $3.80 Tuesday, according to AAA's Daily Fuel Gauge Report. That's up 8.9% from a month ago, and 19% above the year-ago price.
Crude-oil futures reached a new record high Tuesday as continued concerns over the... more
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