Our Dear Gov has sent General Motors ("What's good for General Motors is good for the USA!") some 18 billion dollars more or less. For the sake of argument, let us say the company receives $20,000 when it sells a car. One billion dollars has some 50,000 cars in it at this figure.
So what we've given GM is the equivalent of sales of almost a million cars.
Without the messy process of actually building those cars or buying the steel and the parts or paying people to assemble them. No engineering needed, no sales effort to be paid for, no marketing budget or administrative assistants or executives or meetings. No buildings, no accountants, no nothing.
Per Auto Blog the company sold under 4,000,000 cars in 2008. Guess we started off the 2009 sales season with a bang, huh? Especially since the 18 bil has no costs in it.
Oh. Now they "need" some more bil. That make sense.
Sunday, April 5, 2009
Friday, January 30, 2009
Addendum (and another cookie)
The giant advantages (GA) of my voucher plan (VP) is that it puts money in the hands of people and said money can only be used for spending. Unspent vouchers are vouchers the Gov doesn't have to pay for. And the spending would be immediate.
Economic crisis? What economic crisis?
Economic crisis? What economic crisis?
In Which I solve The Economic Melt Down & have a chocolate chip cookie
Oh dear. I fear that our new President has quickly gone astray. Damn. I hate it when that happens. A quick perusal of the economic stimulus bill leads to a sense of impending disaster.
And it's sooooo simple.
What will stimulate the economy is spending. To make people spend, give them vouchers. (Tax credits would work but vouchers are more tangible. ) If the Gov is hell bent on spending 900 billion dollars (gag), let's just voucher the hell out of everybody. Let's see, approximately 120 million households in US, right?
Detroit needs a hand? Send out 120 million vouchers good for $5000 off a new or used car. Maybe ten million get used and whoopie! the auto industry is revived!
Same thing for housing. My voucher is worth $10,000 on the purchase of a home. Go for it! The housing industry now rocks!
Put the money directly into the hands of the people if spending money is what you want. Sure, there will be counterfeit problems and accounting problems and plenty of problems.
But there will also be plenty of spending. Sure cure for economic woes.
This will never work. Too simple.
And it's sooooo simple.
What will stimulate the economy is spending. To make people spend, give them vouchers. (Tax credits would work but vouchers are more tangible. ) If the Gov is hell bent on spending 900 billion dollars (gag), let's just voucher the hell out of everybody. Let's see, approximately 120 million households in US, right?
Detroit needs a hand? Send out 120 million vouchers good for $5000 off a new or used car. Maybe ten million get used and whoopie! the auto industry is revived!
Same thing for housing. My voucher is worth $10,000 on the purchase of a home. Go for it! The housing industry now rocks!
Put the money directly into the hands of the people if spending money is what you want. Sure, there will be counterfeit problems and accounting problems and plenty of problems.
But there will also be plenty of spending. Sure cure for economic woes.
This will never work. Too simple.
Thursday, November 20, 2008
A Public Correction of Mr. Shawn Hanntity
For the record: Mr. Shawn Hannity has stated 387 times on his radio/TV programs that unemployment went down during the course of the Bush administration.
This is a complete untruth. (Untruths are not a problem for Mr. H.)
For the record: Mr. Bush inherited an employment rate of 4.0% in the year 2000. The unemployment rate went up every year of his reign, to the glorious 6.0+% of today.
I will bet you one US nickle Mr. Hannity states this obvious untruth with passion and conviction and absolute certainty tonight. Or at least tomorrow.
Where is the Lie Meter when we need it?
This is a complete untruth. (Untruths are not a problem for Mr. H.)
For the record: Mr. Bush inherited an employment rate of 4.0% in the year 2000. The unemployment rate went up every year of his reign, to the glorious 6.0+% of today.
I will bet you one US nickle Mr. Hannity states this obvious untruth with passion and conviction and absolute certainty tonight. Or at least tomorrow.
Where is the Lie Meter when we need it?
The Noteworthy Right-Wing Mind Filter
Although it's quite popular for the Fox News folks or the radio talk show hosts to throw stones at the left-leaning mainstream media and its many sins, perhaps they should check out their own house first. Let he who is without sin, etc.
Seven years ago I got into a giant argument or three about the Bush administration's responsibility in the matter of the 9/11 attacks. I was told emphatically that it was all Clinton's fault. Not long ago, I got into an argument about the current economic woes. I was told it was all Oboma's fault. (It's safe to conclude I'm an argumentative sort.)
I now believe right wingers have a filter which cleverly allows only good things to pass through and enter their minds. Bush and his administration bear no responsibility for anything bad which happens on their watch. If something bad does happen, it's the previous/incoming president's fault. Often wrong but never uncertain.
Lord, it's no wonder we threw the rascals out.
Seven years ago I got into a giant argument or three about the Bush administration's responsibility in the matter of the 9/11 attacks. I was told emphatically that it was all Clinton's fault. Not long ago, I got into an argument about the current economic woes. I was told it was all Oboma's fault. (It's safe to conclude I'm an argumentative sort.)
I now believe right wingers have a filter which cleverly allows only good things to pass through and enter their minds. Bush and his administration bear no responsibility for anything bad which happens on their watch. If something bad does happen, it's the previous/incoming president's fault. Often wrong but never uncertain.
Lord, it's no wonder we threw the rascals out.
Thursday, November 13, 2008
Mr. Bush Whacks Me Once Last Time
I play poker for money on the Internet. Bring on the handcuffs.
About three years ago, in a classic sneaky-politician move, a Republican lawmaker stuck a rider onto a sure-to-pass seaport security bill. He did this literally in the middle of the night. His rider (which had nothing whatsoever to do with port security) is now law: The Unlawful Internet Gambling Act or some such. Dumb law. Happily, the sunbitch was thrown out of office by his constituents the next year.
Now the Bush administration, rushing to get a few more slaps in on the electorate, has implemented measures to define and enforce this stupid law. They will go into effect on 19 January next year, one day before the Bush comet disappears from the heavens forever.
The law is hated by the banks, the Internet money sites, the people who have to enforce it, the poker sites, the millions who play Internet poker (the Poker Stars site alone often has 120,000 people playing) and the credit card companies.
And me.
This administration has an awful lot of blood on its hands, a dismal record of governance, an approval rating in the cellar and a overspending record that is mind-boggling. In a mere eight years, it has presided over the worst terrorist assault on our country in history and managed to host the worst economic crash since the Great Depression. Yet this administration still has the incredible arrogance to decide how and where I should spend my leisure-time money.
There must be a special place in hell for such wickedly misplaced self-assurance.
About three years ago, in a classic sneaky-politician move, a Republican lawmaker stuck a rider onto a sure-to-pass seaport security bill. He did this literally in the middle of the night. His rider (which had nothing whatsoever to do with port security) is now law: The Unlawful Internet Gambling Act or some such. Dumb law. Happily, the sunbitch was thrown out of office by his constituents the next year.
Now the Bush administration, rushing to get a few more slaps in on the electorate, has implemented measures to define and enforce this stupid law. They will go into effect on 19 January next year, one day before the Bush comet disappears from the heavens forever.
The law is hated by the banks, the Internet money sites, the people who have to enforce it, the poker sites, the millions who play Internet poker (the Poker Stars site alone often has 120,000 people playing) and the credit card companies.
And me.
This administration has an awful lot of blood on its hands, a dismal record of governance, an approval rating in the cellar and a overspending record that is mind-boggling. In a mere eight years, it has presided over the worst terrorist assault on our country in history and managed to host the worst economic crash since the Great Depression. Yet this administration still has the incredible arrogance to decide how and where I should spend my leisure-time money.
There must be a special place in hell for such wickedly misplaced self-assurance.
Tuesday, November 11, 2008
STUFF
Roughly 300 years ago, my late older brother and I were sitting on the steps of his home drinking a beer. We were moving him. Resting after carting maybe six dozen or sixty dozen boxes full of stuff and loading same on the truck.
"Each thing in those boxes costs at least a buck," Don said.
Stuff. Right now at my less-than-spacious home outside of Seadrift, Texas, I see:
Two cars (256,000 and 182,000 miles respectively)
One boat (1977 model w/1999 outboard engine)
Lawnmower (large, for riding)
Lawnmower (small, for pushing by the neighbor's kid)
Weed-eater (temperamental)
One 300-watt generator (hurricanes)
Fish pond w/fish (four koi and two nasty algae-eaters)
Armadillo trap (on loan and ineffectual)
.22 Rifle (See Armadillo Wars)
Fishing rods (seven, four operational at this time)
Books (approximately 1800 downstairs, three of which I wrote)
Computers (two, one running Windows 2000 - ancient like me)
Several 3/8" drills (one working)
Router, circular saw, miter saw (happily I still have ten fingers)
Nails by the box and screws by the WalMart package (almost all types, except the type I need)
Screwdrivers (32)
Hammers (four)
Other tools (esoteric and otherwise, some antique)
Tape (six types)
Glues and paints and lubricants (mostly dried up, sadly)
Photos (from my grandfather to my grandchildren - grandchildren much prettier)
Pills and liniments (some mentionable)
Flashlights and torches (approximately nine)
Dog stuff (treats, vitamins, food, leads, pads and pillows - it's a dog's life)
Inflatable mattress (not a doll!)
Fax machine/copier (currently out of paper)
Squeaky toys (for visiting firedogs)
Other (I weary of this list but lots of "other")
Stuff. Happily I do not think moving will happen within my lifetime.
"Each thing in those boxes costs at least a buck," Don said.
Stuff. Right now at my less-than-spacious home outside of Seadrift, Texas, I see:
Two cars (256,000 and 182,000 miles respectively)
One boat (1977 model w/1999 outboard engine)
Lawnmower (large, for riding)
Lawnmower (small, for pushing by the neighbor's kid)
Weed-eater (temperamental)
One 300-watt generator (hurricanes)
Fish pond w/fish (four koi and two nasty algae-eaters)
Armadillo trap (on loan and ineffectual)
.22 Rifle (See Armadillo Wars)
Fishing rods (seven, four operational at this time)
Books (approximately 1800 downstairs, three of which I wrote)
Computers (two, one running Windows 2000 - ancient like me)
Several 3/8" drills (one working)
Router, circular saw, miter saw (happily I still have ten fingers)
Nails by the box and screws by the WalMart package (almost all types, except the type I need)
Screwdrivers (32)
Hammers (four)
Other tools (esoteric and otherwise, some antique)
Tape (six types)
Glues and paints and lubricants (mostly dried up, sadly)
Photos (from my grandfather to my grandchildren - grandchildren much prettier)
Pills and liniments (some mentionable)
Flashlights and torches (approximately nine)
Dog stuff (treats, vitamins, food, leads, pads and pillows - it's a dog's life)
Inflatable mattress (not a doll!)
Fax machine/copier (currently out of paper)
Squeaky toys (for visiting firedogs)
Other (I weary of this list but lots of "other")
Stuff. Happily I do not think moving will happen within my lifetime.
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