Then damn it quit putting words in my mouth.Quote:
Originally Posted by ETWolverine
|
Then damn it quit putting words in my mouth.Quote:
Originally Posted by ETWolverine
To repeat...Quote:
Originally Posted by NeedKarma
I am asking for a clarification of your position!!
If you don't want to give one, then you're going to have to live with my assumptions about what your position is.
Your choice.
Sorry to digress from your discussion (but it is my OP anyway), but speaking of bailouts...
Cash for clunkers, what a phenomenal success.Quote:
September Auto Sales Go Clunk [Henry Payne]
When Congress gave away $3 billion for buyers to trade in their “clunkers” and buy new cars in August, lawmakers thrilled as buyers swamped showrooms to take advantage of the big discounts. “Cash for clunkers has captured the public’s attention . . . (it) has the possibility to truly jumpstart our economy,” said Rep. Candice Miller (R. Mich.). Other, more sober analysts, warned that the clunkers program was only stealing from future sales.
September sales are in, and sobriety can take a bow.
Edmunds.com reports that “September’s light-vehicle sales rate will fall to 8.8 million units . . . the lowest rate in nearly 28 years, tying the worst demand on record. After the cash-for-clunkers program boosted August sales to their first year-over-year increase since October 2007, demand has plunged. In at least the last 33 years, the U.S. seasonally adjusted annual rate has only dropped as low as 8.8 million units once — in December 1981 — with records stretching back to January 1976.”
“Many people regard February as the darkest month of the recession, but even then (sales were) higher, at 9.1 million units,” adds Edmunds.com statistician Zhenwei Zhou.
But sobriety comes hard for Washington. Now NHTSA says that, despite burdening manufacturers with $60 billion in new costs, its new 35.5 mpg fuel mandate will stimulate the economy by boosting auto sales by 65,480 vehicles through 2016 because Washington “expects stronger consumer demand for fuel-efficient models.” Sure.
New mandates to add $60 billion in new costs, a sales increase 65,480 vehicles. That's what, a billion and a half dollars in new sales?
Quote:
Originally Posted by speechlesstx
Assuming a $40k sticker price for each unit, that would be $2.6 billion in increased sales... or .04% of the new costs.
Your point is well-taken.
Elliot
Update : Yosi Sergant has been thrown under the bus .Quote:
and his administration has employed the National Endowment for the Arts as his propaganda arm - which should have everyone outraged.
Yosi Sergant Resigns - Political Punch
YouTube - Under My Bus: ZoBama's 100 Days & Throwing People Under the Bus
Under My Bus, lol.
The wheels on the bus go thump, thump, thump...
The politicians on the bus go squish, squish, squish...
Seems CNN has gotten a taste of the crybaby. Are they toeing the party line for us, too?Quote:
Originally Posted by NeedKarma
That's why Obama would have no problem bailing out newspapers, the media just isn't quite as compliant with the crybaby any more.Quote:
A White House senior adviser was scheduled to appear on CNN's "American Morning" this week, but the White House rescinded the offer after the network booked author Christopher Andersen. Andersen's new book "Barack and Michelle: Portrait of an American Marriage," is out today.
The inside flap of the book boasts having, "behind-the-scenes details of the Obama's courtship and marriage -- and the lovers who went before."
Andersen appeared on CBS' "Early Show" yesterday, but it's not clear if any booking offers to CBS were rescinded.
During her interview with Anderson this morning, CNN's Kiran Chetry said, "We reached out to the White House for a response to the book. They declined comment and made it known that they weren't happy. In fact, they pulled an interview they had with a senior adviser once they learned you were on the show."
| All times are GMT -7. The time now is 06:01 AM. |