Posts Tagged ‘ Crash ’


Thanks to nascar.com for the clip


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Chapter 13 (A National Failure To Save – Part 1 of 2): “The next twenty years are going to be completely unlike the last twenty years.” — Dr. Martenson. Chapter 13 begins his explanation for this deeply held belief. On every level of our society, there has been a failure to save. Individuals, cities, counties, states, and corporations have all failed to save, but, more importantly, so has our federal government. Our government has pursued a reckless policy of debt accumulation, while neglecting saving and investing, leading to Dr. Martensons claim that the United States is insolvent. Insolvency, which occurs when ones liabilities exceed assets, is first step on the road to bankruptcy. www.chrismartenson.com


Dr Faber writes the monthly investment newsletter The Gloom Boom & Doom Report. He has also authored several books. Dr Faber funds philanthropic endeavors using some profits from newsletter subscriptions to educate Thai children. Dr. Faber has been a regular contributor to several leading publications around the world in the past, among them Forbes and International Wealth which is a sister publication of the Financial Times. He has contributed regularly to several websites such as Financial Intelligence, Asian Bond Portal, Die Welt, Finanzen, Boerse, AME Info, Swiss Radio, Apple Hong Kong and Taiwan, Quamnet, Winners, Wealth and Oriental Daily. He has also written occasionally for the International Herald Tribune, Wall Street Journal, and Borsa e Finanza.


500 banks could fail between 2010 and 2011 as Commercial Real Estate loans begin to default. Commercial Real Estate values have fallen 40%, but many of their loans must be refianced in the next 3 years as their loans reach maturity. FDIC has less than 10 billion dollars to cover what could be a Trillion dollar Banking loan default.


In the 50 years since US insurers organized the Insurance Institute for Highway Safety, car crashworthiness has improved. Demonstrating this was a crash test conducted on Sept. 9 between a 1959 Chevrolet Bel Air and a 2009 Chevrolet Malibu. In a real-world collision similar to this test, occupants of the new model would fare much better than in the vintage Chevy. “It was night and day, the difference in occupant protection,” says Institute president Adrian Lund. What this test shows is that automakers don’t build cars like they used to. They build them better.” The crash test was conducted at an event to celebrate the contributions of auto insurers to highway safety progress over 50 years. Beginning with the Institute’s 1959 founding, insurers have maintained the resolve, articulated in the 1950s, to “conduct, sponsor, and encourage programs designed to aid in the conservation and preservation of life and property from the hazards of highway accidents.” A decade after the Institute was founded, insurers directed this organization to begin collecting data on crashes and the cost of repairing vehicles damaged in crashes. To lead this work and the Institute’s expanded research program, insurers named a new president, William Haddon Jr., who already was a pioneer in the field of highway safety. In welcoming Dr. Haddon, Thomas Morrill of State Farm said “the ability to bring unbiased scientific data to the table is extremely valuable.” This scientific approach, ushered in by


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Go to MYRIDE.COM for more car videos. Insurance Institute for Highway Safety Crash Test: 2006 Hyundai Tucson


Toyota Yaris 2007-08models SIDE IMPACT TEST WITHOUT OPTIONAL SIDE AIRBAGS OVERALL EVALUATION: Poor Injury measures Head protection Structure/safety cage Head/neck Torso Pelvis/leg Driver Poor Marginal Acceptable Poor Acceptable Rear passenger Good Good Good Marginal Important: Side impact crash test ratings can be compared across vehicle type and weight categories. Test details: The Toyota Yaris was introduced in the 2007 model year. Two tests of the Yaris were conducted, one with optional side airbags for the driver and rear passenger, and one without. These vehicles are rated separately, except that the structural ratings for both vehicles are based on both tests. Injury measures: Driver — Measures taken from the dummy indicate serious skull fracture and/or brain injuries would be likely in a crash of this severity. Rib fractures and/or internal organ injuries and a fracture of the pelvis would also be possible. Rear passenger — Measures taken from the dummy indicate a low risk of any significant injuries in a crash of this severity. Head protection: Driver — The dummy’s head was hit by the intruding barrier, producing high head injury measures. Rear passenger — The dummy’s head was hit by the pillar behind the rear side window and by the window frame and sill. These impacts did not produce high head injury measures, but the head protection is inadequate. Toyota Yaris 2007-08 models SIDE IMPACT TEST WITH OPTIONAL SIDE AIRBAGS OVERALL EVALUATION: Good Injury measures