Anyone remember seeing the Patty Products episode of "Married with Children" titled "A Three Job, No Income Family"? To summarize, Peg gets a job as a Patty Products girl. Patty Products is kinda making fun of "Mary Kay" and the makeup and other products sold by women who throw parties to sell these products to friends. Anyway, Peg starts making a boat load of cash and soon eclipses Al's meager salary as a shoe salesman with her "Commission" checks. Only problem is, like most of these Patty Girl's Peg is her biggest (only) customer. She's essentially spending Al's money buying her own product and then making a commission off of it. This is OBAMANOMICS. A good example of this can be seen in the Cash for Clunkers plan. Basically you trade in your perfectly good "Gas Guzzling" car for a new car and get up to $4500 dollars off that new car. In other words, the government which already supports/owns the auto industry is taking more of your money to give to the dealer so someone that was likely already going to buy a new car can get one for less. The idea behind this was to keep cars selling, and promote a greener environment by getting rid of your 18MPG "clunker" and trading it for a 19MPG modern vehicle. Anyone want to figure out how long its going to take to recognize a savings on that "fuel consumption" over time? The government is essentially doing what every ponzi, pyramid, or Amway type scheme does. You take money from someone else and buy your own product back at a discount. You never recognize a profit. You don't even break even. You end up spending more than if you just burnt the money. Watch Obamanomics in action: http://www.youtube.com/watch?v=GaIjn4n4x9A
Cash for clunkers will eventually show the damage when they flood the market with older cars and the little used car lots go out of business faster than before since their current inventory will be worth less than they bought it for as the market gets flooded. Similar to when all the 0% financing on new cars went into play - it artificially inflates the sales of vehicles for a period of time, then after the flood of sales things die down and then what??? History will keep repeating itself with different colors of paint.
I thought these cars were not going back on the road. What is the point if they are just going to be re-sold?
You're right on the money, literally. This my friends it the problem with the current administration. We have a drunk for a VP. We have a president who's never worked or earned a day in his life. We have a treasurer that does not pay his own taxes, and a whole slew of people in charge that not only do not pay their taxes, but have been dependents of the system their entire professional lives. None of them have a clue. While the "clunkers" are supposed to be destroyed, I think what Debunked is referring to is the fact that none of these dealers have seen a dime of this so called "cash", so basically dealers are going to be forced to sell these cars to reclaim the money they fronted. Another interesting thing of note here is that most of the people buying these "new cars" and trading in "clunkers" are buying Lexus', Rovers, Mercedes and other expensive luxury cars. I fail to see how any of this is creating jobs, saving the environment or helping the auto industry. The reality here folks is, the current administration is made up of what I like to call FuckTards.
You're right. Cash For Clunkers cars are sent to salvage yards after the engine is destroyed where salvage yard operators make even more money selling the parts. They don't go back on the market.... The benefit here.... is that people buying cars get money off their purchase saving them money. The dealer makes a sale, earning them money (though you'll hear dealers complaining about how they don't make any money off the C4C part but not complaining about the fact that they made money off the sale. Sales they wouldn't have made otherwise btw.) I do agree that it won't create a flood of jobs in the car salesman market as these cash strapped car salesman are trying to keep their profit margins as high as possible. They'll just overwork their current employees till the rush dies down. It'll probably create a temporary boost in the auto manufacturer industry but it won't last if the demand dies down again, which it will. To word play on an old saying - It's like the misinformed leading the misinformed.
This is all in THEORY of course. To date, none of this has actually happened. In fact, I know of no dealer in the state of WI that has actually been paid for these cars.
I had not read up on the details and yes the cars are supposed to be destroyed (engine is and rest can be parted) At least someone did something right putting that into the plan, but like others pointed out - what will really happen???? I am not against an attempt, but if things are not thoroughly thought through then we can be causing more problems than fixing.
All of these plans are well intentioned. I'll give Obama that. But then again, how many are old enough to remember Carter? All of his ideas were well intentioned to. It does not make them good or right. In fact, it often led to complete and utter disaster. I just cannot be convinced that this is the way to prosperity for the auto makers, the dealers, or a greener society. And I do not see how this saves anyone any money. I'd rather be able to keep $4500 of my own money at tax time. I fill up once a month on average btw... I live close to my office, my kids school and civilization. Even with my spare time devoted to gas guzzling collector cars I use far less gas than the average American. Where are my cost savings? I traded in my daily driver (clunker) back in February. I did not get a discount. But now I have to pay $4500 so my neighbor can get a new Lexus? I just do not understand these "well intentioned" programs. Call me old fashioned.
It's OK to be old fashioned. Working for a living, raising a family in love, giving to those in need, living life in peace, wanting to raise your kids in freedom, living within your means or paying the price for not.... Seems like these ideas are offensive to many these days.
I missed this somehow... this should have been the plan - using the scrap to build awesome war machines!! (BTW, did you just watch transformers?)
I'm not sure they are offensive as much as they have just not been taught to anyone anymore. We're all being asked to be dependents. We're not being asked to work. Those of us who do work? We're being asked to "struggle".
I will have to disagree with you Jeremy, I think people are offended when those of us say things like "work for a living" "don't let the government pay for that", etc... They are very offended and want you to shut up or die. Socialism has been taught little by little in our schools and now it is much easier for people to be sold on socialism. These young adults were taught that capitalism is evil, and because someone has a title of "professor" they assume that person must know. To me it is absolutely crazy to believe anyone to that degree because of a title and I am betting there will be a couple of members here who will come in ranting (possibly trying to copy old posts out of context) to make what I say to be of no value.
I see where you are coming from. Everyone's being spoon fed this drivel and being made to feel guilty about pursuing happiness. Instead we're being taught to be complacent, which leads directly to dependency. The whole premise for socialism is to make everyone equal, all but those at the very top. There is no motivation or incentive to succeed because you are under the false impression that the Government will provide for you. In the end, everyone finds out its YOU that provide for the Government. This is not my America. But of course I warned people here about this. The underpinnings of Obamas early life taught as a Muslim. Spoon fed Communist Ideology. His continued religious quest for Socialism and Separatism under Wright. His professional career spent under the tutelage of Al Salinsky. Learning Marxism,under the guise of "community service". His work with ACORN continuing that pursuit of taking us in a one direction ultra extreme socialist uber religious divisionist society. Its only now that those I warned are beginning to see these harsh realities for themselves. Sadly, its kinda late. I look at it this way. Every 30 years or so we need to go through this so the 35% of the stupid people can have their chance at running things. Once that happens, the rest of the US returns to the majority and leaves stupid behind. I've just never seen it occur so early on in a Presidency. Its taken Obama only 6 months to see revolts from his own supporters. Carter took a couple years to accomplish that. Way to go Barry. I guess a persons background, religious ideology/background, associations, friends, etc., DOES matter when it comes to the character and experience and trust of a US President. Looks like many have learned their lesson for a while anyway.
This is already happened. Haven't you noticed USA has sent Bush and his supporters to the garbage bin of history and don't you feel how you and your friend such as debunked and willy are left behind?
Can someone translate this into English? Or at the very least something that makes her point? Thanks.
Does anyone here speaks trailer park English, so he can translate it to the level that is understandable for mia?