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Featured Advisor



Kim Butler
President

Partners for Prosperity, Inc.

City:Mt. Enterprise

State: TX



BIOGRAPHY:
I have 20+ years of handling alternative investments in cash, growth and income for clients nationwide.  I strive to help my clients with all things financial in every way possible over the phone and the web.  I own an alpaca farm which I enjoy working during my downtime.  I also enjoy gardening, writing and reading books.  I also train other advisors on Prosperity Economics.

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Our Cars Need To Talk To Each Other

Cars that can communicate with each other can provide alerts to traffic hazards and changes in weather conditions.

It’s simply amazing what cars can do these days. They can provide widely varied audio and video entertainment as you drive or ride, they can stop themselves if they sense they are about to hit something, and they can even drive themselves.

Now, the federal government wants automakers to make cars that communicate with each other, so they can avoid collisions.

Transportation Secretary Anthony Foxx recently announced that the government has advanced the clock on a proposal that would require cars to talk to each other electronically to avoid accidents. The Feds want a proposal from the National Highway Transportation Safety Administration done by the end of 2015, almost a year ahead of its original schedule.

“Connected, automated vehicles that can sense the environment around them and communicate with other vehicles and with infrastructure have the potential to revolutionize road safety and save thousands of lives,’’ Foxx said in a press conference in California last week.

The Vehicle to Vehicle (V2V) proposal is expected to include an electronic communication system that would be utilized by all American-made cars, sensors that would be built into highways, off-ramps and bridges to warn automobiles of potential hazards or turns ahead, and electronic speed limit indicators.

The idea is that cars that communicate with each other are safer, being able to avoid accidents by slowing or stopping themselves. Cars with inter-communication capabilities would be able to drive themselves in closer proximity to each other, because if a lead car had to slow down or brake, the cars behind it would immediately know to slow down or brake as well.

While technology related to self-driving vehicles is consistently updated and tested, the other inter-communication technologies and sensor capabilities have been placed on a back-burner, and the federal government wants to move those intricate technologies forward.

“The Department wants to speed the nation toward an era when vehicle safety isn’t just about surviving crashes, it’s about avoiding them,’’ Fox said in his statement. “Connected, automated vehicles that can sense the environment around them and communicate with other vehicles and with infrastructure have the potential to revolutionize road safety and save thousands of lives.”