They did it to us again, check the math on Cash for Clunkers but they will fix healthcare

This will definitely make sense and open your eyes to you as a tax payer.
==========================================================

audacityoflogic.blogspot.com...
Oilfield Math


A 15 mpg clunker that travels 12,000 miles a year uses 800 gallons of gas a
year.

A 25 mpg vehicle that travels 12,000 miles a year uses 480 gallons a year.

So, the average Cash for Clunkers transaction will reduce US gasoline
consumption by 320 gallons per year.

They claim 700,000 clunkers were turned-in, so that's 224 million gallons
saved per year.

That equates to a bit over 5 million barrels of oil. 5 million barrels are/is
about 5 hours worth of US consumption.

More importantly, 5 million barrels of oil at $70 per barrel costs about
$350 million dollars. So, the government paid $3 billion of our tax dollars
to save $350 million.

We spent $8.57 for every dollar we saved.

I'm pretty sure they will do a great job with our health care, though.

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[edit on 27-2-2010 by 12m8keall2c]

Can you cite one example in the history of the US where a move towards socialism, meaning the government taking care of something, has benefited the economy? Or the standard of living in the US?

Not One, and here is why . since 1913 the money has been consistantly devalued from 100 cents down to current value 2.8 cents.
I think they have a 100 year charter to destroy the dollar. they are right on time me thinks.

I would disagree. I think it's people who are educated and think themselves better than and above the masses seeking to serve the common folk by instituting laws forcing them to do what's best for them according to some Harvard graduate. It's a combination of arrogance and guilt that brings about these changes.

Even the New Deal by FDR, often heralded as the pinnacle of recession removal in the US caused the nation to fall much deeper into the recession that it was following the 1929 stock market crash. It was World War 2 that got the United States and the rest of the world out of the depression, not anything FDR did. At least according to the standard of living and employment rates.

Yet, most people look to FDR as the champion of the "little people" freeing them from the oppression of big business. The irony is that FDR kept folks in poverty with his socialist programs, and when the evil big business had business again (war creates a lot of manufacturing opportunities), suddenly Joe American had money again.

Big government isn't the answer -- it's the problem.

Originally posted by Anti-Evil

So, the government paid $3 billion of our tax dollars to save $350 million.

We spent $8.57 for every dollar we saved.

You have to remember that the government now owns a car manufacturer.

Congress is in the business of selling cars.

Originally posted by Anti-Evil
Not One, and here is why . since 1913 the money has been consistantly devalued from 100 cents down to current value 2.8 cents.

I think they have a 100 year charter to destroy the dollar. they are right on time me thinks.

But you have to admit the dollar value increased briefly in 2009, before it continued it's decline this year.

There's not much left after the penny is completely devalued.

Perhaps they will switch to an all digital currency and the bank will just automatically send you your monthly allotted credits, without someoene having to work, according to whatever methods they come up with to determine your value as a citizen.

I'm actually starting to believe that working and paying taxes is the biggest waste of time ever concieved of.

We should all just stop working. Just don't do it anymore.


[edit on 27-2-2010 by In nothing we trust]

reply to post by Anti-Evil


Nice work...Bump this thread up. I love this ...Im going to call this one in to Patriot radio...and let 8 million more people know this info.

give you first star !

[edit on 27-2-2010 by Grayelf2009]

My perception of the cash for clunkers waste was it suppose to be an economy stimulator aimed to "jump start" auto dealerships. I would be suprised if there wasn't some back room deal between the automoblie lobbyist and those who pushed this bill.

reply to post by In nothing we trust


its going to gain 100% in the next few months, but what comes at the top is China dumping the other half of their holdings. they run it up so China has a market for $, when everyone spends their dollars then china will dump the rest, crashing the dollar to below zero. worthless than the cost to produce is below zero.

reply to post by jrod


It jump started greedy bankers and car dealers, I noticed the cars that were turned in was paid off for the most part. so you bought a car and now make payments on it, when you had a car and you paid for gas to go in it... hummm, I'll take bankruptcy for 4500$ alex.

Originally posted by Anti-Evil
reply to post by In nothing we trust

 

its going to gain 100% in the next few months, but what comes at the top is China dumping the other half of their holdings. they run it up so China has a market for $, when everyone spends their dollars then china will dump the rest, crashing the dollar to below zero. worthless than the cost to produce is below zero.

Huh???

Run that by me again.

The dollar will double in value (Due to inflation?), China dumps it's holdings and assets and then the dollar crashes to zero?

Somehow that makes sense. China is given fair warning and a chance to join in on equal terms or die?

A global reset?

[edit on 27-2-2010 by In nothing we trust]

Originally posted by Anti-Evil
This will definitely make sense and open your eyes to you as a tax payer.
==========================================================

audacityoflogic.blogspot.com...
Oilfield Math


A 15 mpg clunker that travels 12,000 miles a year uses 800 gallons of gas a
year.

A 25 mpg vehicle that travels 12,000 miles a year uses 480 gallons a year.

So, the average Cash for Clunkers transaction will reduce US gasoline
consumption by 320 gallons per year.

They claim 700,000 clunkers were turned-in, so that's 224 million gallons
saved per year.

That equates to a bit over 5 million barrels of oil. 5 million barrels are/is
about 5 hours worth of US consumption.

More importantly, 5 million barrels of oil at $70 per barrel costs about
$350 million dollars. So, the government paid $3 billion of our tax dollars
to save $350 million.

We spent $8.57 for every dollar we saved.

I'm pretty sure they will do a great job with our health care, though.

[mod edit: added source link and required external source tags]
Mod Edit: No Quote/Plagiarism – Please Review This Link.
Mod Edit: External Source Tags – Please Review This Link.

[edit on 27-2-2010 by 12m8keall2c]

The life of a car is 7-8 years. At $3 per gallon of gas, that works out to $960 per year for 7-8 years. So if the program was just to save money on oil and gas, they are achieving their goal. Even though the oil savings is msall in comparison to the whole, a little less demand means a little lower price which multiplied through the entire country adds up to a huge amount of svaings for our country.

The program was also designed to be a stimulus to the auto industry and those who supply it. In that respect it was also a smashing success.

Originally posted by junglejake
Can you cite one example in the history of the US where a move towards socialism, meaning the government taking care of something, has benefited the economy? Or the standard of living in the US?

New Deal
Medicare
Social Security
Welfare

All have had a dramatic positive effect on our standard of living. Medicare and social security have completely funded themselves to this point. The existence of welfare has substantially reduced violent crime.

Many friends lamented that I did not get in on the Cash for Clunkers deal. I simply could not afford a car payment at the time. But I know that quite a few of the people that did could not afford it either, but jumped at the "free money".

I can now look to purchasing a nearly new car (that had to be returned) for an even better deal than the $4500 off the price. Fools jump in where angels fear to tread.

New Deal:
What year did the New Deal start to impact the economy positively in a contrary way to the stock market?

Medicare
Which folks suffering from non-mundane medical conditions have benefited from Medicare? (Admittedly, amongst your list, Medicare is the one item that hasn't blown up in our faces yet).

Social Security
And where, post 1944, is that money?

Welfare
And we've wiped out poverty according to Woodrow Wilson's plan, right?

Originally posted by junglejake

New Deal:
What year did the New Deal start to impact the economy positively in a contrary way to the stock market?

Medicare
Which folks suffering from non-mundane medical conditions have benefited from Medicare? (Admittedly, amongst your list, Medicare is the one item that hasn't blown up in our faces yet).

Social Security
And where, post 1944, is that money?

Welfare
And we've wiped out poverty according to Woodrow Wilson's plan, right?

For one, the creation of the NRA lifted industrial production 55% from 1933-1935. Then it, and other successful programs were ruled unconstitutional putting a halt to the recovery.

A good portion of medicare recipients recieve life saving treatment at some point before their final demise. It's all mundane before then but they always have the security knowing they will be able to recieve treatment when they need it at a reasonable cost.

Ditto for social security. I don't know anyone that sends there check back to the government, thus there must be quite a few people benefitting. Don't blame social security itself that the goverment has borrowed all their funds. Borrowing from social security makes much more sense then printing more money when you have a huge cache of it sitting in a safe somewhere. Besides most money in existence is just numbers in a spread sheet.

Poverty is much lower now than it was under Woodard Wilson. Do you argue that point? Of course poverty has increased in the past several decades due to the rise of the corporate state, but by all accounts it is still much lower than when welfare began. Welfare decreases poverty and all valid studies prove that out. Those that don't are filled with faulty premises.

Looking out for your fellow human beings has always been a positive endeavor throughout time. It's called progress.