Aug 8, 2009 | Posted by: roboblogger
Full story: IEP High School Mania - El Paso Times![]()
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This cash for clunkers hurts the poor people the most.
How many poor people do you know that can take their clunker to a dealership and make the payments on a new vehicle? Not very many. Plus, since the clunkers will be taken off the streets, the poor people won't have much of a choice when buying a used car off the streets either. But the Democrats are for the poor and the Republicans are for the rich right? Something to think about. |
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as always the dems screw the group they claim to cater to and as always they blame republicans with the same ole tired playbook of being for the rich,but,the good news is folks are starting to wake up and smell the coffee and things are changing,its just not the change OBAMA expected!
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Totally agree. Thank God the people are waking up. Can you believe Obama has the news attacking the old blue hairs at the townhall meetings now and calling them Nazis and the Mob? I can just see Grandma Jezebelle waving her cain in the air with her oxygen mask on, swastika on her bonnet, yelling & swearing at her congressman/woman. Now that would be hilarious. It's funny that the POTUS only job was a community organizer, but when the blue hairs organize in their community....oh no, we don't want that do we? |
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The real problem is that the people that are running the show are looking at this from an academic prespective and it looks great. It's by the book. Stimulate the economy, push money into the hands of the consumers, it should create a mulitplier effect where new dollars are created and spent, and it cycles back though the government and then back out to the consumers. But here's what is really happening. In the 80s there was a recession, 1980~1984 something like that, where 'trickle down' economics where applied. The idea was that falling prices meant that the consumer did not need as much money as he did before, and therefore the idea that the consumer would work for less, because he needed less. More monetary in the system then what was needed, this would then create a forced savings. Strengthen the dollar, increase the GDP, everyone would be happy. Supply side economics, beautiful thing when it works. But what really happened was the US entered into an arms race with the USSR, and while it did pretty much bankrupt the USSR, it didn’t really help us at all either, because that forced savings amount was spend on the arms race. 20 years later, the trickle down. Housing prices inflated, loans when nuts-o some of the things that were being done where almost illegal. Everyone believed that it would never end, my house will never depreciate in value. BULL! Anyone who has ever graced the doorstep of an accounting class will know that you never appreciate a building you always depreciate it. Same thing with a house. So back to the economy, all the bubbles POP, and they pop at once, falling like dominos in front of everyone’s eyes. Or at least everyone who said it won’t happen. Fast forward, 2 years later. Bush on the way out, Bimbo on the way in. The economy is looking at trends from the early 80s again. The idea of suffer though, working for less, the idea of recession. The US was at the point where prices were dropping, and the American worker was almost ready to say, ok, to the idea of working for less. And then mr Change steps in. Him and his academia economists. I’ve seen some of these people in action, there is a reason why cheating is a problem in university’s today, because the same idiots who are in Washington are the same idiots that cheat on the tests. They lack for the better work COMMON SENSE! This country has had it too good for too long, we needed to go into a depression, we need to have an unemployment rate of 30 percent, and government programs crappin out left and right. This country needs it! A prime example of what a failure we have become starts with Chrysler and ends with GM. A lot of people feel that there are a large number of jobs that will be lost, and that the economy will suffer. NAH! The loss of jobs, or the loss of GM would have emerged a new leader, one who’s workers are working for less, and creating better products. In 3 years, this will be an almost socialist nation. Americans have become fat and dumb. This country was build on the idea that nothing is free, nothing is handed out, for Christ sakes the national anthem is a battle. These bailouts are nothing more then a bandaid for failing of America's will to succeed. If America wants to get better, it needs to flush the system of failures and allow the economy to regrow on its own, not be propted up by some monopoly money bail out bullsh*t bill. If things keep going the way they are, oil will be traded in euros, and then you'll really see the US go flop. Here's to America the DOOMED!
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Here's another feather in your cap. We are going to spend $10 Billion to drill for oil in Brazil. I wonder why the state controlled media won't tell you about this. Hmmmmmmmm??? http://www.investors.com/NewsAndAnalysis/Arti... |
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