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Michael L Bonic Profile picture
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Mar 22 • 5 tweets • 2 min read
Electric vehicles have a higher upfront cost 
In terms of pricing, an EV is equivalent to an entry-level luxury car. 
cnbc.com/amp/2021/12/29…
2/“The average transaction price for an electric vehicle (EV) is $56,437, according to Kelley Blue Book — roughly $10,000 higher than the overall industry average of $46,329 that includes gas and EVs. In terms of pricing, an EV is equivalent to an entry-level luxury car.”
3/
4/The Green New Deal from the start was doomed to utter failure in its misguided belief that Americans switching to EVs would “make America green”. The working and middle classes can’t afford an EV, and now gas prices & inflation are robbing them blind.
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More from @BonicMichael

Michael L Bonic Profile picture
Mar 23
The straw that broke the camel’s back and pushed Putin too far 👇:
Ukraine–NATO relations
en.m.wikipedia.org/wiki/Ukraine%E…
“At the June 2021 Brussels Summit, NATO leaders reiterated the decision taken at the 2008 Bucharest Summit that Ukraine would become a member of the Alliance with the
2/“Membership Action Plan (MAP) as an integral part of the process and Ukraine's right to determine its future and foreign policy, of course without outside interference. NATO Secretary General Jens Stoltenberg also stressed that Russia will not be able to veto Ukraine's
3/“accession to NATO "as we will not return to the era of spheres of interest, when large countries decide what smaller ones should do."”
Zelensky is now caught b/t Scylla and Charybdis, b/t a Russian invasion bent on making Ukraine neutral and NATO’s welcoming Ukraine’s
Read 7 tweets
Michael L Bonic Profile picture
Mar 23
North Korea last month blamed the Ukraine crisis on the "hegemonic policy" and "high-handedness" of the United States and the West.
reuters.com/world/russia-n…
[A correct view. US & NATO pushed Putin too far. Ukraine is Russia’s ‘Cuban missile crisis’.]
2/Plus the DPRK has always had an affinity for Russian culture since its socialist ideology was originally cut from the same cloth as the Soviet Union’s.
3/For the same reasons the US could never allow Russian missiles parked in Cuba, Russia could never allow NATO missiles parked in Ukraine. The Belarus Agreement put Ukraine on a track to NATO membership. Putin has risked war to nip this existential threat
Read 4 tweets
Michael L Bonic Profile picture
Mar 22
‘Yes, He Would’: Fiona Hill on Putin and Nukes politi.co/3400f9r via @politico
Fiona Hill: “There’s lots of danger ahead, she warned. Putin is increasingly operating emotionally and likely to use all the weapons at his disposal, including nuclear ones.”
Completely wrong.
2/“Putin is acting emotionally” is her whacked irrational theory likely fueled by her own emotion. It’s impossible for her to know that. The entire Western narrative is unmoored from reality, which is that Putin’s endgame is a neutral Ukraine, and the last thing he’ll do is
3/trigger Article 5 or launch a nuke. Her remarks in my view just shred all her credibility. Putin’s an ultra-rational chess player who thinks 8-9 moves ahead, and a black belt in Judo, and has proactively taken action to wrest the security guarantee he’s asked NATO to address
Read 15 tweets
Michael L Bonic Profile picture
Mar 21
Germany agrees gas deal with Qatar to help end dependency on Russia theguardian.com/world/2022/mar…
“Germany has agreed a contract with Qatar for the supply of liquefied natural gas (LNG) that will help the European country wean itself off its dependency on Russian energy.”
Would be nice if the US could sell LNG to Germany & other countries. Energy security & trade however occupies a low rung on the Biden Admin priorities ladder. At the top: Green New Deal to mitigate the “imminent & existential threat” of climate change.
I mean C’mon, Man. We have to get our priorities straight. Why tap our own vast oil deposits when we can just depend on buying it from Maduro, OPEC & other countries? And if the price goes up, it’s not our fault, it’s “the price of freedom”. And this
Read 7 tweets
Michael L Bonic Profile picture
Mar 21
A day in the life of the “Ukraine good, Russia bad” two-dimensional world the Neanderthal West is living in: Azov Battalion just executed its own Ukrainian citizens in buses heading out along the humanitarian corridors Russia opened up.
2/Ah yes, the “good guys” whom Brits are leaving home to fight alongside with against the “evil Russians”:
“In 2016, the Azov set up its political wing, the National Corps Party, under the leadership of Andriy Biletsky, an ultra-Nationalist who was a Member of Parliament from
3/“2014 to 2019 and has said on record it is Ukraine’s mission to “lead the white races of the world in a final crusade… against Semite-led Untermenschen [inferior humans]”.”
What’s unclear is where Zelensky stands on Azov Battalion. He has to be aware of the killing. Does he
Read 4 tweets
Michael L Bonic Profile picture
Mar 21
“When Russian President Vladimir Putin announced a “special military operation” to carry out a “demilitarization” and “denazification” of Ukraine, he appeared to be referring to the neo-Nazi militias such as the Azov, who – with the blessings of the thehindu.com/news/internati…
2/“Ukrainian state – have been at the forefront of Kyiv’s military campaign against the Russia-backed separatist groups. Until the Russian invasion, many in the Ukrainian mainstream viewed the rise of the Azov with concern. After all, they were a law onto themselves and did not
3/“defer to the state — while their military units could operate independent of the Ukrainian chain of command, their street patrol units did not answer to the police, and their defiance of the law went unpunished. But the Russian invasion — belying its stated aim of
Read 6 tweets

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