ENGINEERING: “Lifetime” is not forever!

Monday, September 30, 2024

https://www.ericpetersautos.com/2024/09/25/how-long-is-a-lifetime-2/

How Long is a “Lifetime”?
By Eric – September 25, 2024

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One of the great scams perpetrated on car buyers is selling them on the idea of “lifetime” fluids – such as transmission fluid, for instance. And coolant. Also oil changes that don’t require doing but once every 7,500 (or even more) miles.

It’s sold this way to sell them on “low maintenance costs” – and that’s true. You just pay for it later, in the form of expensive repair costs caused or hastened by those “low maintenance costs.”

The trick works like this:

Advertise “lifetime” fluids – which leads the mark to believe that means forever. As in the fluid never needs to be changed. What it actually means is for the lifetime . . . of the warranty coverage. And that’s probably true. Those numbers – ten years, 100,000 miles as an example – are not picked out of a hat. They are arrived at after extensive durability studies that accurately foretell how long a component such as a transmission will probably last before it fails if it isn’t serviced during its “lifetime.”

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It’s not so much that the fluids – such as the hydraulic fluid in an automatic transmission (or the gear oil in a manual transmission or engine oil) go bad. It is that they get contaminated with the byproducts of mechanical components meshing and unmeshing in an environment of high heat and pressure. Inevitably, the contaminants build up, inevitable reducing the anti-friction properties of the fluid. Fine particles accrue, like plaque inside our arteries, with the same inevitable result. A filter will filter out a lot of these small bits but what happens when the filter can no longer filter – because it’s full of those small bits and pieces?

It stops filtering.

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MONEY: TAX ON YOUR BANK

Sunday, March 24, 2013

http://www.theblaze.com/stories/2013/03/16/eurozone-country-surprise-were-putting-at-least-a-6-75-tax-on-your-bank-account/

BUSINESS
EUROZONE COUNTRY: SURPRISE! WE’RE PUTTING AT LEAST A 6.75% TAX ON YOUR BANK DEPOSITS
Mar. 16, 2013 10:12pm Erica Ritz

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Congratulations Cyprus savers – you were just betrayed by both your politicians, and by Europe – sorry, but you are the “creeping impairments” in the game known as European bankruptcy. And so is anywhere between 6.75% and 9.9% of your money, which you were foolish enough to keep with your banks (where at least you were compensated with a savings yield of… 0%).

More importantly, as of this morning Europe has finally grasped that there is a 6.75% to 9.9% premium to holding physical cash in your mattress rather than having it stored with your local friendly insolvent bank.

Luckily Cyrpus is so “small” what just happened there will never happen anywhere else: after all in Europe nobody has ever heard of “setting an example“. Or so the thinking among Europe’s unthinking political elite goes…

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So, how do you, the average Sheeple, protect yourself?

Don’t think that this will go unnoticed around the world!

My concern is not so much a tax on “savings”; my concern is a seizure of IRA/401ks.

Figure there are only about 3k financial institutions that are “custodians”. All regulated up the wazoo by the District of Corruption. 

Every so often, “trial balloons” get floated about the Gooferment taking those in exchange for an “enhanced Social Security benefit”.

So my gold and silver bullion or nickels strategy don’t look so bad now!

Sometimes capital preservation is more important than investment gain lost!

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