“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas


Wednesday, August 05, 2009

Cash-for-Clunkers....just another tax-payer funded hand out disguised as economic policy


A lot of Americans took advantage of the Cash-for-Clunkers program to the point that it ran out of a billion dollars in less than a week. So the government appropriated $2billion more of your money to extend the program but, is this what government should be doing with taxpayer money?

-Who says the auto companies aren't jacking up the prices like all stores do, just before they have a big sale?
-Don't be fooled when the Obama administration uses the phony sales statistics to claim that they alone saved the American auto industry when all they did was bribe people, using your money, into buying new cars they couldn't otherwise afford.
-Perhaps these people are driving clunkers because they can't afford new cars. So I'd like to see how many of these new-car owners default on their payments after 6 months. Obama and the media will hide those statistics.
-Did the government not learn a lesson about meddling in markets when they put people into mortgages who have no business committing to house payments....people who need to be renting, or if you understand the analogy, need to be driving a clunker and can't afford a new car?
-Finally, why is our tax money being used to pay for other peoples' cars? People should buy their own stupid cars.

I swear! To Obama and his cabal of socialists, there is no problem whether it's social or economic that can't be solved by the heavy hand of government intervention.

5 comments:

Unknown said...

Check this out. The premise is that when you remove the extimated 200k vehicles that would have been traded anyway, the cost to gubmint, for each vehicle is around 45k. But of course who know's for sure since the WH is withholding the numbers for the program. Yay Transparency!!!

Ed said...

Right you are my friend! This administration is nothing but smoke and mirrors and symbolism over substance. They tell us it's raining while they're peeing on our leg. And incredibly, half of us believe it.

Angie Lee said...

I wanna know, why aren't the rest of us getting a check for $4500 - since it's our money anyhow - if we choose not to buy a new car we can't afford. How is that fair, especially when we know a lot of these folks are going to be standing in the unenjoyment line in 3 months, 6 months, and unable to pay for those cars they're buying today - and we will be expected to bail them out thanks to some B.S. government program that will NOT be used for what it was intended in the first place (wasn't that the premise behind TARP, to buy up TOXIC ASSETS? And it's been used to for everything but the kitchen sink?????).

Wouldn't cutting a check to each TAXPAYER (NOT welfare recipient, since they don't pay in to the system anyhow) for $4500 stimulate the economy far more than this crap sandwich would?

ed said...

Yes Angie, it would but then, Obama wouldn't get to pick and choose the politically favored group who benefits. No socialist worth his salt can allow people just to spend their own money as they see fit. They don't know what's good for themselves, afterall.

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