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Posts Tagged ‘recession’

wow!!
Obama will give up to $8,000 or less if you trade in a car 8 years old for better mileage new cars.

Of course, this is regressive because Acorn members don’t buy new cars, and the price of junks will go up because my kids will go buy $300 junks and trade them in for $8,000, but, hey, its for the economy.

And you cannot raise taxes unless you give money away on brainless schemes.

Any time the government intervenes in the economy to “make life better” or to stimulate an industry, the government always does more harm than good.

Still I will trade in my 19 year old perfect condition car for a brand new one because after the $8,000 Obama is offering today I can get a brand new car for $11,000 to $12,000

Gee? Is that too good to be true?

Do you think GM and F will raise prices on new cars and eliminate anll the cash back incentives so that a Taurus that I could have gotten yesterday for

MSRP            $22,500
Cash back         2,500
trade in          3,500
Negotiation/      2,000

March 22, 2009   14,500
After Cash for Clunkers
MSRP             $24,500
clunker            8,000

April 1, 2009     16,500

So I will pay $2,000 more for the car plus $6,000 more in taxes
My taxes will go up to pay the $6,000 to Ford

Way to go, food stamp baby President.

Change you can believe in.

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The Palm Beach County school district, one of the largest in the country, was laying off teachers while buying a TV station, and sending a chauffeured limo to drive a boy to school for months, a boy who is out on bail awaiting trial for a murder to which he had confessed!

When newspapers denounced this, the School District sent a 100 passenger school bus, totally empty, to pick up this boy and drive him all alone on the giant bus, back and forth to a magnet school for a round trip of 100 miles. The school chief said, Well, you didn’t like the limo, sooo”

The empty school bus and driver cost more than the limo, but the head of schools is so badly educated and absolutely not qualified for his job that he cannot figure out (1) this kid should not go to a magnet school, (2) that a school district head should have more brains than a dog turd.

Apparently the head of the school district was more enamored of being a star on his own TV station than in figuring out how to run the Palm Beach County School District. His most frequent comment is “Give Me More Money and All Will Be Well!” For whom?

The head of Ohio State gets paid $1,300,000 a year, plus a mansion, plus a chauffeured limo, yet he is nothing but a minor bureaucrat passing out taxpayer money without limit. His performance cannot be measured, but he gets more money every year. And both tuition and taxpayer assistance increase every year.

Obama is wrong to give colleges and schools more money. All the effort should be on improving them. Almost every school can do better on less money.

Using the comments I receive and discard as a guide, our schools are failing to teach both basic reading and writing, but also failing to teach elementary logic. I routinely delete comments that use alimentary rather than elementary logic.

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This welfare leech baby promised us “NO MORE EARMARKS” and he sends us a spending bill wasting $8 billion on 8,000 earmarks while the $5 trillion deficit will strangle the economy for the rest of our lives?

It is not possible for us to even pay the interest on his brainless spending, so the size of the debt will grow every year as the interest is added on, and on, and on.

Liar, liar, pants on fire!

“Change we can believe in” turns out to only be changing/increasing the deficit by 10,000 percent.

The high spending Republican Congress that we voted out suddenly seems like Conservative penny pinchers.

America is lost.

Help!

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The PhD commenter below has refused to understand that the actions of Presidents Carter and Clinton, in cooperation with a young lawyer named Barack Obama, more than ten years ago could have caused a legal and moral situation that built up over time and finally fed upon itself in the financial excesses that are destroying the entire world today.

This PhD believed that, since the thirty year trend of building, self-nourishing, moral and financial disease, combined with Carter’s CRA that requires banks to lend more and more to unqualified buyers, reached a fevered peak during Bush’s administration, that Bush was the cause of the disaster.

He cannot comprehend that CCCCO (CuCoo Carter Clinton and Obama) created the legal framework and regulatory environment that enabled and even DEMANDED the financial misbehavior of the apocalypse.

While Bush is certainly guilty of being too stupid to perceive the disease and cut it short, so are all the people that Obama has appointed to cure it. For example, Tim Geithner, whom Obama calls the only man who can save us, was in fact asleep at the switch when he, as head of the New York Federal Reserve Bank,  was in charge on preventing the collapse, and DID NOT. Yet Obama relies on Timmie for our salvation?

Here is the medical educator argueing with me on the efficiency of our medical system. Is it no wonder that the students who come out of our current educational system vote for the food stamp president?

Medical Second Opinions

PhD Commenter: Since I have a Ph.D., it doesn’t intimidate me in the least. (that I disagreed with him)

 

Host: That you claim a PhD is not surprising – you should get a refund from your schools, undergraduate and high schools, as well as PhD factories.

 

Don’t get me started on the incompetence of doctors and the failures of the US Medical Educational System.

 

PhD Commenter:  Sure, go on about the medical education system, as if you really know anything about it. The most you have is a few personal anecdotes. Let’s hear them, and I’m sure they’ll have nothing to do with the doctor’s education or medical knowledge, but what the heck.

 

Host: Regarding doctors’ competency and the state of the medical profession, more than one third of the time we get a second opinion, it recommends different treatment.

 

That is not acceptable.

 

PhD Commenter:  And yes, it is acceptable. It is very acceptable. For one thing, when a second opinion is sought, either the diagnosis or the treatment is in question. For any given set of symptoms and test results, there is often more than one possible diagnosis. For any given diagnosis, there is almost always more than one option for treatment. That is just the way it is and will continue to be as long as medicine is advancing. It is even the truth that one medical institution gets better results with one treatment and another gets better results with another.

 

Host: One of my biggest gripes is how dysfunctional our college system is, and how our Food Stamp President keeps throwing more money into it instead of shutting it down and starting all over

 

Well, you certainly make me feel better.

 

Thanks for that treatment.

 

But seriously, if I understand your comment, if I am receiving a treatment from one facility and am not getting good results, then I could go to another doctor and get the same treatment with a different result?

 

And if I go for a second opinion, then I might get another variety of treatment from a third facility.

 

And if that does not go well, perhaps a fourth facility could give the second treatment with different results than the third facility?

 

Is there a limit on the number of places/doctors I need to see/pay before I get cured? Or before I get killed?

 

Does the scientific principle of replicable results enter into this?

 

By the way, four doctors and four treatment/outcomes for the same medical condition/disease are not as unusual as anyone might think/fear!

 

 Many patients see more than four doctors before getting correctly diagnosed and cured.

 

The newspapers, golf clubs, condo associations, country clubs and the internet are full of histories that take many, many doctors before a cure is encountered.

 

It is not acceptable to dismiss such things as “that is the way it is” or as merely “anecdotal evidence.”

 

Actually, many doctors admit that three or more doctors may be required before finding the working/curing treatment for 15 to 20 percent of patients.

 

My own family’s “anecdotal” evidence consists of more than thirty doctors for four people covering 95 years, and includes three instances (for four people) where doctors insisted on immediate operations that were not necessary or appropriate. Did they teach the spelling of “malpractice” in your PhD thesis?

 

One doctor screamed at me at the top of his voice that if I did not let him operate on me tomorrow, I would die.

 

I refused and am living very happily. Another doctor cured the condition with antibiotics costing $47 compared to the $30,000 the surgeon wanted to waste, forget the pain, suffering, and risks of surgery, including the very real risk of infection in our filthy hospitals.

 

Our family declined all three operations, and has lived very healthily without them, although it did take three doctors a bit longer to pay off their yachts.

 

I believe our medical schools, doctors, and medical boards are in need of even more drastic reform than our financial and governmental systems, all of which are so broken they cannot be fixed, but need to be totally discarded and reinvented.

PS Later the “Educator Of Doctors” Replied that one way to improve medicine was to give doctors free magazine subscriptions.

Presumably they might read them on their yachts bought with unnecessary operations.

 

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I keep telling Obama to stop making speeches because every time he opens his mouth and shows us how out of touch with reality he is, everybody that has the common sense to order their life to save money and buy stocks says:

“OMG, this food stamp idiot is going to destroy America” and we sell our stocks.

Obama, Reagan had a budget of 6 percent of GDP. Your budget is 14 percent and growing.

Reagan brought prosperity.

Obama is destroying the stock market.

Duh!

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Nobody in their right mind should buy a house today. If you have to relocate, you should rent, not buy. Home prices just keep dropping as Obama gives confidence to nobody.

Sales of existing homes unexpectedly plunged in January to the lowest level in nearly 12 years as pessimism about the economy grew. sales nationwide fell 7.6 percent from a year earlier. The median sales price in January plunged to $170,300, down 14.8 percent from $199,800 a year earlier and from $175,700 in December. It was the lowest price since March 2003 .

Historically, real estate corrections take prices back ten years, and so far prices are only back six years, to 2003 levels.

So it is too early to buy based on past cycles.

But this is worse than past cycles because the government is meddling with the free market, thereby artificially prolonging and deeping the decline.

If the government stopped bailing out deadbeats, the market might stabilize within a year at perhaps 15 percent lower prices.

But with the Food Stamp President keeping the free market from working, the decline will last longer.

Obama must shut down Fannie Mae and Ginne Mae and ban the sale of securitized mortgage backed securities.

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  • These comments from a previous post are worth a separate post. I wrote that I do not want a President who was raised on Food Stamps to take my hard earned money away from me to pay off the mortgages of some deadbeats.
  •  
  • Somebody commented: “The fact that you refer to those who are struggling as “deadbeats” is plainly ridiculous. It proves to me that this American style of free market capitalism has destroyed the World, whilst simultaneously injecting a sense of “I’m better than you because I have more money”.
    Consumerism has created such deep resentment for those who struggle to survive.”
  • Commies always miss the point. I replied: “I am better than you” because I went to school instead of dropping out, always worked, always saved, never was dumb enough to have credit card balances, ate macaroni at home instead of salmon in restaurants, bought my clothing at Sears instead of Macy’s, and SAVED instead of squandered. We once went without a TV when our old one broke and we had to eat hotdogs, spaghetti and eggs until we had the money for a new TV

  • I did not buy a house until I saved up twenty percent down payment, never bought a new car, always bought three year old used cars, but not until my old car could no longer be repaired. I was never dumb enough to lease a car, or buy anything on credit cards unless I knew I could pay off the full balance at the end of the month.

    I made most of my cars last until they were 12 to 15 years old before I replaced them with another three year old used car. My current car is an eleven year old made-in-America Ford. I will never ever never buy a car made outside America. I have no debt because I managed my money.

  • 99.9 percent of people who bought their homes with twenty percent down have no problems.

    After all my hard work and sacrifice, I am not going to give my savings to a President who grew up on food stamps and free schools so he can give free homes to scumbags.

  • Some readers say they would not live my way, that life is too short. Duh! I am not being evicted! I paid off my mortgage early so if I lose my job I can go many years with no problems. And nobody is going to demean my sacrifices and hard work by taking my money to pay off some high living, high spending deadbeats mortgage.

    I am better than you, deadbeat!

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    A few days ago I wrote that if Obama wants to stop the “Obama Stock Market Crash” all he has to do is stop making speeches https://carol1977.wordpress.com/2009/02/24/how-obama-can-stop-the-stock-market-crash/

    What our food stamp President cannot grasp because of his narcissistic ego is that stockholders are almost all smarter than he is. Not only did we stock owners come from responsible parents so that we did not grow up on food stamps as Obama did, but also we went to schools that our parents paid for, either through private tuition or through taxes, whereas Obama got free charity education, and when you get something free, your bad attitude prevents you from absorbing the true meaning of what you got.

    Then we spent lifetimes working at real jobs in the private sector, where Obama never worked. We made sacrifices in our consumption to save the money to buy stocks, whereas Obama took his wife to Tahiti for several months to finish his memoirs about the deprivation of his upbringing?

    So after many years of work, sacrifice and savings, we acquired not only the money with which to buy stocks, but we also acquired common sense and an understanding of reality, whereas Obama only acquired slogans and lies.

    So every time Obama goes on television and spouts more lies and nonsense, clearly demonstrating that he has (1) no understanding of  what ails this country and why we are in trouble, and (2) no realistic idea of how to fix the economy or create permanent private sector jobs, we sell our stocks and flee into insured bank deposits and T-Bills, figuring that even if Obama has stolen our ability to even earn interest on our savings, maybe, just maybe, we might not lose our principal, which we surely will in the stock market.

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    Sorry, but I do not believe the newest phonied up poll that says two – thirds of us approve using taxpayer money to pay off the mortgages of deadbeats.

    The New York Times continues its lying Commie ways.

    Nobody who is struggling to pay their own mortgage wants to pay higher taxes to pay off some deadbeats mortgage.

    94 percent of us are current on our mortgages, and are not going to pay higher taxes to bailout out the 6 percent of deadbeats.

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    Stop making speeches and announcing new plans! Every time our food stamp President announces a new plan and/or goes on television with a new speech, the stock market goes down some more.

    Get it, dummie.

    Nobody who has saved enough money to own stocks is buying your BS Obama. Stop making speeches and stop all these dumb plans to further screw up the economy.

    FDR turned a depression into the GREAT depression with his stupid plans. After FDR got his plans passed, the unemployment rate in America was TWICE the unemployment in Western Europe and Japan.

    Government meddling in the economy just does not work.

    Obama, stop making false speeches based on stupid ideas that history has proven do not work.

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