“…a confused jumble or medley of things…”
From this CNBC article comes this chart:
| United States
| Hong Kong*
| United Kingdom
OK, what is it? According to data firm Wealth-X this is the number of Ultra High Net Worth (UHNW) individuals in the ten countries with the most such people. Wealth-X defines UHNW as having a net worth of $30 million or more. By the way, the asterisk next to Hong Kong denotes that it is a “semi-autonomous, special administrative region of China.”
Seven percent of all American households have a net worth of $1 million or more and the number of US households with a net worth of $25 million or more has increased 73 percent since 2008. I have written this data before because I didn’t understand why a wealthy country with so many empty-nester and single-person households seemingly buys nothing but SUVs and pickup trucks. Thanks to my friend Robert I have come to the realization that it is America’s obesity that plays a major role in what vehicles the country’s citizens buy.
I have no problem with wealth as long as it is acquired legally. As I have also written before I believe that money I have legally earned, legally saved and legally invested belongs to me. Government does not have “dibs” on the entirety of a country’s wealth so that it can “fix” wealth distribution. Government exists to protect property rights, not to usurp them.
Speaking of property:
From cargurus.com a picture of a 1995 Corvette, the next to last year of the C4 generation. Five years ago I did not care for these cars. The looks seemed bland to me and until the introduction of the “new” LT-1 engine in 1992 these cars were less than spirited performers. As I have often written, however, as I grow older my tastes have changed and I appreciate cleaner lines more. Not that I am going to buy a C4 Corvette, but if I were I would still buy something 1992 model year or newer, preferably 1995 or 1996 because the fuel injectors were improved in 1995 to deal with the effects of the corn farmers subsidy program…I mean ethanol content in gasoline.
I titled this photo “WTF Buick.” I wish I could remember the source, but it is a picture or rendering of the Buick Avista concept car. Of course, the first concept car was the Buick Y-Job from 1938:
The photo is from cartype.com. From time to time American automobile manufacturers tease the public with stunning concept cars, but most of them never come close to production. Conceptus Interruptus
The next Barrett-Jackson auction begins soon so I thought it was about time for another Cristy Lee photo:
Still don’t have a new computer. I’m posting from my phone.
Cristy Lee’s increased screen time was the best part of the recent telecast of the Barrett-Jackson auction from Mohegan Sun.
From a Pinterest site, a picture of Cristy Lee. She is a co-host of Velocity’s All Girls Garage and appears (too infrequently for me) on the Barrett-Jackson telecasts. As the post title suggests I am using her picture to boost readership. Of course, if no one knows about this site in the first place then posting a picture of a beautiful woman is probably not going to help. If you enjoy this site, please tell your friends to read. Thanks. Who knows, maybe I’ll post more pictures of Cristy Lee. 🙂
This is one of my favorite pieces on Hemmings, the subtitle is “Dozens of American car brands have been orphaned since the end of World War II. Why?” All of the “significant” US car makes that went out of business since the end of WWII are listed with some data (e.g. number of cars sold after the war) and a one-paragraph recount/explanation of what happened. How does that saying go? Those who ignore history are doomed to repeat it.
Speaking of Hemmings:
A picture of a fully restored 1955 Packard 400 offered by a private seller on Hemmings at $65,000 firm. As a matter of principle I would never do business with someone who states up front that they have no intention to negotiate. It is a beautiful car, though.
Although I awoke this morning without a fever for the first time since before receiving the Shingrix vaccine last Saturday, I still don’t feel well. I am very weak and fatigued.
Anyway…NBCSN televises the Mecum auctions, both live and in reruns. Since Mecum holds 10+ auctions a year, it is easy to find one being televised, assuming one has NBCSN on their TV package.
Velocity televises the Barrett-Jackson auctions. Barrett-Jackson only has four auctions a year and Velocity does not show reruns very often.
My wonderful wife and I have attended auctions from both companies. In person, the Barrett-Jackson experience was superior, in our opinion. There was more excitement in the crowd and the pace kept the action moving.
On TV, however, I prefer watching the Mecum auctions. The hosts are knowledgeable, don’t take themselves or the auction too seriously and seem to be having a good time. The Mecum telecasts are fun to watch.
In my opinion, the Barrett-Jackson telecasts are stuffier and the hosts don’t seem to be having as much fun. Despite the presence of the amazingly beautiful Cristy Lee (who isn’t on-screen very much), the telecasts often display a lack of energy.
Of course, all of this is just my opinion. Do any of you watch car auctions on TV? If so, what are your thoughts?
You can figure out what this article is about. The writer, of course, had to insert the obligatory “while we still love manuals.” Manual transmissions are like dodos; they’re going extinct. However, because so many have been made their road to extinction will be slow.