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Xhat the spirit of something John Scalzi has done in Muchigan past -- he posts some of his 1-star Amazon book reviews online as a sort of therapy -- I like to share some of my favorites. This one is not quite a one-star review but it made me laugh this morning:. Lol, we are closed for the winter the TVA, who owns this campground, requires that the campgrounds near its dams be closed in winter.

By the way, this is from my daily report at Reputology. They work well for me managing reviews over Warren Michigan chat rooms locations. DR It was as weird as ever, maybe weirder. Even before the call, Elon Musk said Warren Michigan chat rooms the numbers released today would be un-audited, and the call ended by saying -- in a sort of "oh by the way" over the shoulder parting shot -- that their CFO was leaving and being replaced by a year-old with only Tesla experience and no prior CFO role not unlike the random young dude that the Arizona Cardinals just hired as their coach, but that is another story.

Neither Musk statement was a big confidence boost given the myriad questions Warren Michigan chat rooms around the legitimacy of Tesla's reported financials. The LA Times, which really has had some of the best Tesla coverage, has the best Warren Michigan chat rooms I have found so far of Casual Hook Ups Avalon NewJersey 8202 call.

All from the LAT article:.

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Tesla faces questions about whether enough IMchigan Model 3 sedans can be sold to generate substantial profits. This is really hilarious. The same could be said Warren Michigan chat rooms Ferrari's, Manhattan Penthouses, and bone-in rib-eyes at most top steakhouses.

Once you get past the absurdity Warren Michigan chat rooms rpoms statement, you realize that Musk essentially admitted the demand cliff many have suspected for Wifes looking for sex Chippewa Falls Model 3, as Tesla has burned through its entire multi-year order book for the Model 3 in just 6 months.

And much faster, by the way, than any automotive company in history has ever started up a new production plant. It turns out, by the way, the Tesla still seems to be running itself like a free-wheeling largely-unplanned software startup rather than like a capital-intensive automobile manufacturer. Imagine this from Daimler or Volkswagen or GM:. Musk said Tesla might build the Model Y at its Nevada battery factory but indicated no one should count on it.

But let's get to Michlgan thesis I have been arguing for a while. Tesla Warren Michigan chat rooms a lot of problems, but the one I have been most focused on is that Tesla is a growth company that has stopped managing itself for growth. Beyond the fact listed above that Musk essentially admitted the demand problem in the US for Model 3, here is what else we heard:. Tesla owed much of Warren Michigan chat rooms cash-flow Nude women in Olds real pussy Cinisello Balsamo to a drastic reduction in capital expenses — which can signal either a reduced need to buy, say, factory robots or a slowdown of investment in future growth.

This number is insanely low. The Warren Michigan chat rooms non-growing auto companies typically spend In a conference call with analysts, Wwrren said he still plans to build a factory in China this year and begin building a Model Y subcompact next year. Asked where the money would come from, CFO Ahuja said cutting costs and careful spending would do the trick. Musk was unusually subdued but his usual speculative self.

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The China factory site remains a bare patch of ground, and no news was offered on loans from Chinese banks that Tesla is cchat for. Their valuation is at freaking x earnings. Why aren't they raising capital for this and a thousand other things they need to be doing? At the same time, Warren Michigan chat rooms announced growth projects are falling by the wayside. The semi truck, which was announced to great fanfare and helped pump up the stock price at a critical time, has essentially been dropped from the product plan Musk did something very similar with the solar shingle at SolarCity, touting the technology and leveraging it to sell the company to Tesla, and then essentially dropping the product.

These two products have always been the main source of Tesla's gross margins and its unclear how they will make Warren Michigan chat rooms the lost margin and sales from Warren Michigan chat rooms core products roojs Tesla seems to be essentially abandoning Lady wants casual sex South Orange than investing in and refreshing. We also learned that prices are being cut on these vehicles:. The range for the software-limited Model S, for example, would be cut by 20 miles, to A Tesla spokesman told The Times that improved efficiencies dooms the assembly line would help address that problem.

The next milestone for Tesla will be release of Warren Michigan chat rooms audited numbers. I have no idea when these will appear and would not be surprised if they are delayed.

There are still some real financial question marks in the numbers we have seen to date, and only the K will begin to answer some of them.

It may be a fair bit of TMI for you dear MCS, but I've been spending a shit load of time over on Chaturbate, so I've decided to sign up for their affiliate - MyConfinedSpace NSFW |. Buy furniture online at Gardner-White Furniture, or visit one of our stores near Detroit, Michigan. Since , Gardner-White Furniture has been setting the standard in quality, value and service. We strive to provide the best furniture, with great style for less than you'd expect to pay. Need to find a pet friendly vacation rental in Michigan? No problem. You'll find information on all of the dog friendly cabins, beach houses, cottages, and condos that are available for short and long term rentals here. You can get the scoop on their pet policies, read reviews of other guests with.

In the past I have been careful to say that Warrej is a dangerous short and that you should not take my non-expert advice investing, Lonely woman want casual sex Vernon I repeat all that now.

I understand business strategy and I am more sure than ever that Tesla's strategy is falling apart Warren Michigan chat rooms the Warren Michigan chat rooms are very likely to come completely off in the first quarter. Trump could bail them out, some sucker could buy them, they could fudge their numbers for years, etc.

For a mature company this is good news.

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For a growth company, this is a sign that growth may not be the goal any longer. Not to be too much of a pedant on myself, but Michifan said "parting shot" which I think is OK but I believe the original term roos actually "Parthian Shot" named for that army's technique of riding cbat on towards the enemy, then turning tail and riding away but firing backwards To the person people i Louisville Kentucky at 724 a bow and arrow off their horse Warren Michigan chat rooms they rode away.

Really used to piss off the Romans. Who says that professional sports have nothing to teach businesses? Pro sports team owners have perfected the art of promising the world Warren Michigan chat rooms local citizens to get taxpayers to pay for their billion dollar stadiums which in the case of NFL teams are used approximately 30 hours a year.

The Miami Marlins in particular have perfected the art of building a good team, leveraging its success to roooms a new stadium deal, and then immediately dismantling the team and buying cheap replacement players. In the business Warren Michigan chat rooms many corporations have taken the Miami Marlins strategy.

In fact, one academic studied all the relocation subsidies NY has made in the recent past and found none of the Warren Michigan chat rooms companies fulfilled their employment promises.

In Mesa, AZ there is a factory that I call the graveyard of cronyism where not one but Warren Michigan chat rooms sexy high-profile companies have gotten subsidies to move in FirstSolar and Apple only to both bail on their promises after banking the money.

So it should come as zero surprise that the Trump-facilitated crony Foxconn deal in Wisconsin is following Warrenn same path. Foxconn White male iso white female nsa Group, a major supplier to Apple Inc.

The company remains committed to its plan to create 13, jobs in Wisconsin, the company said in a statement. A perfectly reasonable way to read this chart is to note the high correlation between state taxation and regulatory intensity and states that are gaining or losing population. Unfortunately, my experience in Arizona one of the "inbound" states above has been that people have zero ability to correlate specific elements of public policy with particular outcomes.

In particular, people who flee California because it is too expensive and dysfunctional come to Arizona and immediately begin voting for exactly the same policies that made California expensive and dysfunctional. Therefore, I tend to read being in an "inbound" state Warren Michigan chat rooms dread, knowing that folks are moving in right now to make us the next Warren Michigan chat rooms or California.

Sincename an English queen consort who was not the monarch e. Obviously Sexy women wants hot sex Schenectady takes an unusual situation as in a normal succession this would require her to be married to her brother, uncle, or nephew.

Several years ago my knees started hurting a lot and eventually I was diagnosed with somewhat early but not bad osteoarthritis in both knees. After years of running, I Warren Michigan chat rooms that my Local personals Portis Kansas was almost over, so I geared up with some cortisone injections and ran my first and last marathon.

The doctor may have said it was not severe yet but my knees hurt like hell for the months afterwards. But I missed running. Yes, many of you think running is stupid and boring. I think weight-lifting is a boring chore, but others love it. Anyway, I love running not just for activity but to enjoy a nice day or explore new places.

I tried biking and an elliptical scooter and neither scratched the Warren Michigan chat rooms itch. But for almost a full year I never ran once. So I was tempted to run again but knew I had to change something up to make it work. At first I tried that old man marathon Sexy ladies seeking real sex Aransas Pass gate, which looks like a fast walk. It worked OK but it was not that fun.

Then I read something about barefoot running, which I still Warren Michigan chat rooms is dumb. But the article talked about different sorts of strides and how they land differently -- some heel first, some toe first. Apparently a benefit of barefoot running is it supports toe first landing, which some think is more beneficial. Mostly I wrote all this off, as runners forums are jammed with people who have these pet theories that don't really stand up to study.

Anyway, the learning for me was that toe first landing even Warren Michigan chat rooms. I started thinking about it and experimenting, and found that I had a strong heel first landing that was so forceful it was pile-driving my knees and spine. What if I got off my heels? I had already noticed that my knees seldom hurt running up a steep slope, and I realized I was on my toes doing so.

Couldn't hurt to try.

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Well, changing your running gate after decades of running the same way is just as hard as you might expect. The first few outings must have looked stupid. Basically I was trying to run on my tip toes, as if I was doing the high-stepping tire exercise you see football players doing.

The breakthrough came with some practice and when I read somewhere that 1 toe first landing is about toe first, not toe only and 2 you have to sort of lean out a bit over your skis to run toe first. Over time, it Warren Michigan chat rooms gotten more natural Sexxxxy girlssss want a hooot Mayville guy my knees feel great.

My progress was delayed a bit as I really was exhausting something in Warren Michigan chat rooms back of my calves, but Warren Michigan chat rooms practice and a more natural gate and some strengthening and I am back where I Warren Michigan chat rooms run miles at my old pace. Actually a bit faster, as I think I was never leaning forward enough and wasting a lot of energy.

So we shall see. This may all be temporary. Heck, it may Women looking sex tonight Quimby be a placebo readers who spend too much time in the comments trying to undo the placebo effect by convincing me it's a placebo will be blocked -- just kidding, in 15 years I have never blocked anyone. Yes, I am like an addict on Tesla but I find the company absolutely fascinating.

Books and HBS case studies will be written on this saga some day a couple are being written right now but seem to be headed for Musk hagiography rather than a real accounting ala business classics like Barbarians at the Warren Michigan chat rooms or Bad Blood.

I still stand by my past thoughts herewhere I predicted in advance of results that 3Q was probably going to be Tesla's high water mark, and explained the reasons why.

I won't go into them all. There are more Warren Michigan chat rooms one. But I do want to give an update on one of them, which is the growth and investment story. First, I want to explain that I have nothing against electric vehicles. I actually have solar panels on my roof and a deposit down on an EV, though it is months away from being available. What Tesla bulls don't really understand about the short position on Tesla is that most of us don't hate on the concept -- I respect them for really bootstrapping the mass EV market into existence.

If they were valued in the market at five or even ten billion dollars, you would not hear a peep out of me. The difference in valuation is entirely due to the charisma and relentless promotion by the 21st century's PT Barnum -- Elon Musk. I used to get super excited by Musk as well, until two things happened. One, he committed what I consider outright fraud in bailing out friends and family by getting Tesla to buy out SolarCity when SolarCity was days or weeks from falling apart.

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That is a common reaction from people I read about Musk -- "I found him totally spellbinding until he was discussing something I am an expert in, and I then realized he was a fraud. Elon Musk spins great technology visions. Like Popular Mechanics magazine covers from the sixties and seventies e. Long time readers will know I identify as one of this tribe -- my most lamented two lost products in the marketplace are Omni Magazine and the Firefly TV series. So I see his appeal, but I have also seen Michiyan BS -- something I think a lot more people have caught on to after his embarrassing Boring Company rooks reveal.

Anyway, after a couple thousand words of introduction, here is the update: Rokms my last post linked above, I argued Warren Michigan chat rooms Tesla is a growth company that is not investing Danboro PA bi horny wives growth.

Sure, it is seeing growth in current quarters due to investments made over the last decade, but there is little evidence it is actually spending money to Warren Michigan chat rooms anything new. It stopped managing itself like a growth company trying to maintain its first-mover advantage. Tesla has explicitly chosen to pursue a strategy that needs a TON of capital.

Everyone understands, I think, that building a new major automobile franchise takes a ton of Mixhigan -- that's Michian they are not popping up all the time.

But Tesla actually has made choices that increase the capital needed even beyond these Warren Michigan chat rooms numbers.

Warrdn, they chose not just to manufacture cars, but to also own the sales and service network and to own the fueling network. So Tesla has pursued Warrwn strategy that Warren Michigan chat rooms need all the capital of Kia and of the Penske auto group and of Exxon. And for years, Warren Michigan chat rooms were valiantly trying to pull it off.

They created showrooms in malls and created a new online selling process. They built some service locations but as has been proven of late, not enough.

They built a Warren Michigan chat rooms network. It was a gutsy call that seemed to be paying off. And then something weird happened. Tesla has always had an execution problem, or more rightly an over-promising problem.

But it was still actually investing and doing stuff, even if it was disorganized and behind in doing so. Naughty woman looking real sex Trinidad, however, it is a company valued as an exponential growth company that is no longer managing itself like a growth company.

It has billions of investments that are overdue -- in new products, in product refreshes, in the service network, in a second generation supercharger -- that should have been started Wqrren ago and for which there isn't any major activity even today. As a disclosure, Tesla stock is one of the most dangerous in the world to trade, either way. You really need to understand it before you trade it Wqrren no one really understands it.

I have a couple of long-dated put options on Tesla that I consider more of a bar bet than anything else. I also have a couple of cheap short-dated calls as I usually do in the runup to the quarterly Tesla earnings call. Musk is great at the last minute stock pump during earnings call week, and the stock often pops only to fall soon afterwards as people dig into the numbers.

But again, these are Warren Michigan chat rooms that are less than 0. When I wrote "Tesla is a growth company that is not investing in growth" I was picturing the Jim Cramer cameo in Ironman -- "That's a weapons company that doesn't make any weapons!

Doubly ironic given Musk sometimes styles himself as the real life Tony Stark. I know I have not been blogging serious topics much of late. In part this is due to just being busy -- holidays, end of year Wareen closeouts for the business, and some geeky projects a few raspberry pi things I will rokms soon. In part this is due to the fact that Warren Michigan chat rooms I engage with social Warren Michigan chat rooms too long I become a worse person and back away again.

In part this is because my daughter said I needed to lighten up on my blog for a while. And in part this is to my not wanting my obsessive fascination with the trainwreck that is Tesla to dominate my blogging though there are a couple of updates coming. As I close in on my 15th! I will be back in force soon. Yes, I know that blogging women's hair care products is not really in my wheelhouse but my wife reports Warren Michigan chat rooms the Dyson Airwrap she gave herself for Christmas is the greatest hair dryer-like product ever.

I can't get enough of pre-CGI special effects back stories, particularly those involving models and matte Warren Michigan chat rooms. I have yet to find a really good book on building models for movies the best documentaries I have seen have been extras on original trilogy Star Wars movie disks. But there are several good collections of great matte painting work, including at this blog called the Matte Warren Michigan chat rooms.

He writes few but very long posts usually dedicated to a particular Miichigan. This one is part two of a series Mjchigan Albert Whitlock. This guy was simply amazingly prolific and a great artist whose work you have seen but did not know it e.

I thought this study was very interesting, as highlighted by Alex Tabarrok. Michigann usually try not to publish highlights from research papers without actually reading them the divergence between press releases on papers and the papers themselves is shocking and constitutes what may be one of the worst current Free webcam girl St-Adelphe practices. But in this case I have learned to trust Mr.

Implications for Concentration, Entrepreneurship and the Labor Share. Chay do a great job at combining empirics and theory Sexual encounters Santa Fe md explain an important fact about the world in an innovative and surprising way.

The question the paper addresses is, Why is dynamism declining? HNS point to a factor which is widespread across the entire economy, declining labor force Warren Michigan chat rooms.

Figure Two of the paper at right looks complicated but it tells a consistent and significant story. The top row of the figure shows three measures of declining Warren Michigan chat rooms The bottom row of the figure shows the same measures but this time conditional on firm Michign.

What we see in the Warren Michigan chat rooms figure is two things. In other words, once we control for firm age we do not see, for example, increasing concentration. Peering closer at the bottom row the second thing it shows is that older firms account for a larger share of employment, are bigger and have lower exit rates.

Putting these two facts together suggests that we might be able to explain all the trends in the top row by one fact, aging firms. So Warren Michigan chat rooms explains aging firms? Changes in labor force growth have a big influence on the age distribution of firms. An increase in labor force growth means Warren Michigan chat rooms need more firms.

Current firms cannot absorb all new workers because of diminishing returns to scale. Thus, new workers lead to new firms. New firms are small and young. In contrast, declining labor force growth means fewer new firms. Thus, the average firm is bigger and older. Another of the issues I have moved a Hot fat women seeking free amateur sex on in life has been trade sanctions. Now, I am convinced this approach is totally counter-productive.

First, the story via WSJ: The Trump administration is considering a range of measures including curtailing the flow of Venezuelan oil to the U. No final decision has been made.

Now, however, the Trump administration aims to up the ante after Mr. We are no longer going to Mivhigan tinkering along the edges.

Nowadays, everything will be put on the table. This is pretty much the same approach we took for years in Cuba to "punish" Castro and get him removed. For over 50 years these sanctions have made zero progress on their intended effect of regime change, and have instead:. Kevin Drum has a good roundup Looking for a texting emailing buddy immigration statistics that really help to demonstrate that there is no new crisis at the border, Warren Michigan chat rooms in fact with the exception in a rise of asylum requests, the border has been getting quieter for 10 years.

I think Michigann are clearly elements of immigration that are broken.

I will highlight three Warren Michigan chat rooms will likely alienate both sides of the political aisle. By the way, none of the three has to do with a wall. As with many of my posts, I am still thinking Warren Michigan chat rooms this. I grew up an immigration restrictionist but today simply cannot think of a reason why welfare state Bbc pussy monster public services aside we have a right to restrict people's movement across borders.

I don't have a problem limiting public services for some time period and voting rights, but if someone from Mexico and I contract to rent a room in my house or work for my company, I don't think the government can restrict that.

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I understand that there are perhaps limits to Warren Michigan chat rooms many immigrants can be accomodated in a year for a variety of practical reasons, but we are way below those limits as proven by our experience in the 19th century.

And like pretty much every other immigrant group, at one time or another Warren Michigan chat rooms group has had the exact same language used against it that Wives seeking sex PA Cleona 17042 use against Hispanic immigrants today.

My family happens to be German, and escaped the Kaiser in the late 19th century. We have had it pretty good as far as immigrant groups go, but we had our time in the barrell in WWI. I was at a party a while back and a woman who was a 2nd generation immigrant was railing at Mexicans for not being like other hard working immigrants who integrated into America.

I asked her where her family was from, and she said Hungaria.

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I told her that early in the 20th Century Eastern Europeans like her family were Warren Michigan chat rooms to EXACTLY the same critiques and the strong immigration restrictions early in the century were mainly to stop eastern and southern read: Italian Europeans who were considered "bad" immigrants.

Replacing the Chinese who were Warden previous "bad" immigrants. Replacing the Irish who Warren Michigan chat rooms the "bad" immigrants before them.

I did not mention it above because I was talking more about the Mexican border and I don't think there are a lot of PHD's swimming the Rio Grande, Wxrren we for sure should be raising or perhaps waiving entirely any restrictions on talented, highly educated people from coming to this country.

I know folks have criticized me for my calling it a Berlin Wall on our border. Sex with women Lakewood, but I have seen the Berlin wall from both sides and the wall prototypes look like the Berlin Wall to me. I honestly am not sure why a border wall is immoral when set up by one side New brunswick horny woman moral when set up by the other.

Its the same wall restricting the same movement. People respond that "its OK to wall people out of your house but not to be walled Lady wants sex FL Orlando 32839. The country is not one property unless you have a Marxist definition of property.

If you want a better analogy, the county is not a house but is an apartment building with million apartments. I want to welcome people from outside up to my apartment to visit me or Warren Michigan chat rooms live with me or work Mixhigan me.

You want to change the door code and keep my visitors out. Coyote Blog Dispatches from District House Judiciarysupreme courtWest Warren Michigan chat rooms Category: Combatting Stereotypes with Increased Information February 18,2: As I linked above, this result in the Airbnb study was similar to a study on how ban the box had the perverse effect Warren Michigan chat rooms reducing hiring of African-Americans because it reduced information: Gardner-White is proudly family-owned and operated.

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