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Well, I got flamed last year when I pointed out the similarities of Hitler's quick rise to power and Obama's. I wonder if those folks still dont see it
In our schools, we cant pledge allegiance to our nation, we cant say a prayer, but yet we are teaching our students to put thier praise of Obama in a rap song.Mikes Liquid Audio: Knowledge Experience Customer Service you can trust-KICKER WetSounds ACME props FlyHigh Custom Ballast Clarion LiquidLumens LEDs Roswell Wave Deflector And More
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Supreme Tigé Master
- Sep 2005
- 9278
- At work, if I was at the lake I wouldn't be talking to you...
- 2005 24v
Since we are on the topic of Obama
read this
Subject: Cash for Clunkers
A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of
gasoline.
A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.
So, the average "Cash for Clunkers" transaction will reduce US gasoline
consumption by 320 gallons per year.
They claim 700,000 vehicles - so that's 224 million gallons / year.
That equates to a bit over 5 million barrels of oil.
5 million barrels of oil is about ¼ of one day's US consumption.
And, 5 million barrels of oil costs about $350 million dollars at $70/bbl.
So, we all contributed to spending $3 billion to save $350 million.
How good a deal was that ???
They'll probably do a great job with health care though!!
Subject: Democratic Math
If you traded in a clunker worth $3500, you get $4500 off for an apparent
"savings" of $1000.
However, you have to pay taxes on the $4500 come April 15th (something
that no auto dealer will tell you). If you are in the 30% tax bracket,
you will pay $1350 on that $4500.
So, rather than save $1000, you actually pay an extra $350 to the feds.
In addition, you traded in a car that was most likely paid for. Now you
have 4 or 5 years of payments on a car that you did not need, that was
costing you less to run than the payments that you will now be making.
But wait, it gets even better: you also got ripped off by the dealer.
For example, every dealer here in LA was selling the Ford Focus with all
the goodies including A/C, auto transmission, power windows, etc for
$12,500 the month before the "cash for clunkers" program started.
When "cash for clunkers" came along, they stopped discounting them and
instead sold them at the list price of $15,500. So, you paid $3000 more
than you would have the month before. (Honda, Toyota , and Kia played the
same list price game that Ford and Chevy did).
So lets do the final tally here:
You traded in a car worth: $3500
You got a discount of: $4500
---------
Net so far +$1000
But you have to pay: $1350 in taxes on the $4500
--------
Net so far: -$350
And you paid: $3000 more than the car was selling for
the month before
----------
Net -$3350
We could also add in the additional taxes (sales tax, state tax, etc.) on
the extra $3000 that you paid for the car, along with the 5 years of
interest on the car loan but lets just stop here.
So who actually made out on the deal? The feds collected taxes on the car
along with taxes on the $4500 they "gave" you. The car dealers made an
extra $3000 or more on every car they sold along with the kickbacks from
the manufacturers and the loan companies. The manufacturers got to dump
lots of cars they could not give away the month before. And the poor
stupid consumer got saddled with even more debt that they cannot afford.
Obama convinced Joe consumer that he was getting $4500 in "free" money
from the "government" when in fact Joe was giving away his $3500 car and
paying an additional $3350 for the privilege.
And the best part of all, 80% of new cars sold under this deal were not american made.Put your hand on a hot stove for a minute, and it seems like an hour. Sit with a pretty girl for an hour, and it seems like a minute. THAT'S relativity. Albert Einstein
Comment
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Originally posted by G-MONEY View PostSince we are on the topic of Obama
read this
Subject: Cash for Clunkers
A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of
gasoline.
A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.
So, the average "Cash for Clunkers" transaction will reduce US gasoline
consumption by 320 gallons per year.
They claim 700,000 vehicles - so that's 224 million gallons / year.
That equates to a bit over 5 million barrels of oil.
5 million barrels of oil is about ¼ of one day's US consumption.
And, 5 million barrels of oil costs about $350 million dollars at $70/bbl.
So, we all contributed to spending $3 billion to save $350 million.
How good a deal was that ???
They'll probably do a great job with health care though!!
Subject: Democratic Math
If you traded in a clunker worth $3500, you get $4500 off for an apparent
"savings" of $1000.
However, you have to pay taxes on the $4500 come April 15th (something
that no auto dealer will tell you). If you are in the 30% tax bracket,
you will pay $1350 on that $4500.
So, rather than save $1000, you actually pay an extra $350 to the feds.
In addition, you traded in a car that was most likely paid for. Now you
have 4 or 5 years of payments on a car that you did not need, that was
costing you less to run than the payments that you will now be making.
But wait, it gets even better: you also got ripped off by the dealer.
For example, every dealer here in LA was selling the Ford Focus with all
the goodies including A/C, auto transmission, power windows, etc for
$12,500 the month before the "cash for clunkers" program started.
When "cash for clunkers" came along, they stopped discounting them and
instead sold them at the list price of $15,500. So, you paid $3000 more
than you would have the month before. (Honda, Toyota , and Kia played the
same list price game that Ford and Chevy did).
So lets do the final tally here:
You traded in a car worth: $3500
You got a discount of: $4500
---------
Net so far +$1000
But you have to pay: $1350 in taxes on the $4500
--------
Net so far: -$350
And you paid: $3000 more than the car was selling for
the month before
----------
Net -$3350
We could also add in the additional taxes (sales tax, state tax, etc.) on
the extra $3000 that you paid for the car, along with the 5 years of
interest on the car loan but lets just stop here.
So who actually made out on the deal? The feds collected taxes on the car
along with taxes on the $4500 they "gave" you. The car dealers made an
extra $3000 or more on every car they sold along with the kickbacks from
the manufacturers and the loan companies. The manufacturers got to dump
lots of cars they could not give away the month before. And the poor
stupid consumer got saddled with even more debt that they cannot afford.
Obama convinced Joe consumer that he was getting $4500 in "free" money
from the "government" when in fact Joe was giving away his $3500 car and
paying an additional $3350 for the privilege.
And the best part of all, 80% of new cars sold under this deal were not american made.
The plan works great because 99% of the Demecratic voters cant do math beyond a 6th greade level.Mikes Liquid Audio: Knowledge Experience Customer Service you can trust-KICKER WetSounds ACME props FlyHigh Custom Ballast Clarion LiquidLumens LEDs Roswell Wave Deflector And More
Comment
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Tigé Expert
- Mar 2008
- 1396
- The Sunshine State
- 2000 Tige 21I Riders Edition, 1980 MC Stars and Stripes
Originally posted by chpthril View PostThe plan works great because 99% of the Demecratic voters cant do math beyond a 6th greade level.
being a little conservative aren't you Chp?"I feel sorry for people that don't drink, when they wake up in the morning, that's as good as they're gonna feel all day" - Frank Sinatra
Comment
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Inner city public schools....
What peeves me about this is the kids in these school districts are being placed in a continual loop of ignorance and poverty. No one wants to teach in these schools, so this is the crap you get. Ignorant idol worship. I don't even care that it's got a political motivation...my hunch is that this song was being prepared for a Mrs. Obama news presser... But let's teach our kids better than this crap."I want to know God's thoughts, the rest are just details"
Comment
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Originally posted by chpthril View PostWell, I got flamed last year when I pointed out the similarities of Hitler's quick rise to power and Obama's. I wonder if those folks still dont see it
In our schools, we cant pledge allegiance to our nation, we cant say a prayer, but yet we are teaching our students to put thier praise of Obama in a rap song.
Couldn't of said it any better!
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