Sad day for America
in [Toyota]
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From: Obveeus on 29 Mar 2010 10:22 "Bob Cooper" <bc(a)nowhere.com> wrote in message news:MPG.261a710bb37ef929896bc(a)news.eternal-september.org... > In article <hoq89m$dst$1(a)news.eternal-september.org>, Obveeus(a)aol.com > says... >> >> >> > Many Democrats still won't admit this because they want to keep their >> > equity-based 401k plans artificially inflated. >> >> I'm not sure why you assign the '401k' to a Democrat philosophy. If >> anything, I'd assign it to a Republican philosophy while company pensions >> are more in tune with a Democrat philosophy. In either case, lets all be >> really glad that the government didn't succeed in getting Soocial >> Security >> funds into the stock market investing game a few years ago. >> > I don't ascribe 401k's to political parties. It was the means to get > many Americans to believe that the interests of Wall Street coincided > with their own. That's a fairly recent phenomenon, and a fallacy. Hasn't that been the Republican party platform for the last 3 decades? (if it is good for big business, it is good for you) > I note that many Democrats are for "change" - as long as it doesn't > affect their personal 401k. There is a hypocrisy there. I'm not sure why you apply that hypocricy to the Democrats. I think the 'change is only good if it benefits me' is a universal theme. >> > Instead of ethics of work and save, and of family and doing "good >> > works," this country turned into a nation of idolizing money above all >> > else. >> > In the '90's there began the practice of lionizing the wealthy as never >> > before, even if they were scammers. >> >> If there is a line in the sand where you can point and claim that America >> suddenly felt this way (as opposed to always feeling this way), I'd point >> at >> the 1980s, not the 1990s. > > Perhaps you're right. I noticed it more in the '90's. On magazine > covers mostly. First time pure pencil pushers became lionized. > The history of hedge funds is a good guide to map the increasing fraud > on Wall Street. This week it is hedge funds...a few decades ago it was Savings &Loans. the late 1920s and the 1930s had their own issues. ebb and flow...and bubbles will always be unavoidable...but the government needs to be more vigilant about managing the size of the bubbles.
From: Mike Hunter on 29 Mar 2010 11:58 Perhaps but everything he has done since is added trillions to the counties debt, because he was to stupid to learn from history. The way to grow an economy is to cut tax RATES, not spend trillion we do not have to try to buy votes. Cutting tax RATES worked to turn around the economy EVERY TIME it was done, by Kennedy, Reagan and Bush and even way back in the twenties! "Dave" <hairy411(a)hotmail.com> wrote in message news:81acn9F5vfU1(a)mid.individual.net... > > >> >> Everything has gotten worse ever since Bush left office and the Dims >> called him a dummy. What does that make those two bozos who are >> destroying the economy and spending the county into bankruptcy to buy >> votes, and the dummies like you think that's a good thing. LOL >> > > I guess at your age it's easy to forget that Obama inherited this failing > economy from Bush.
From: Mike Hunter on 29 Mar 2010 12:01 Get real, more money was spent by the feds under Bush than ever before. Do a compatent search for a change, WBMA LOL "dr_jeff" <utz(a)msu.edu> wrote in message news:O5-dndSqRtCKmy3WnZ2dnUVZ_oydnZ2d(a)giganews.com... > Dave wrote: >> >> >>> >>> Everything has gotten worse ever since Bush left office and the Dims >>> called him a dummy. What does that make those two bozos who are >>> destroying the economy and spending the county into bankruptcy to buy >>> votes, and the dummies like you think that's a good thing. LOL >>> >> >> I guess at your age it's easy to forget that Obama inherited this failing >> economy from Bush. > > While that is true, it's time to start judging Obama based on what he has > accomplished. The Cash for Clunkers program did little to help the > environment and made used cars more expensive. He doesn't have a space > exploration plan. On the other hand, he got the health car plan passed and > helped prevented employment from dipper further. And he's thinking > (something Bush rarely did) about what is good for American education > (hint: Nothing will make kids enthusiastic about science as people > exploring space). > > Jeff
From: Mike Hunter on 29 Mar 2010 12:07 You are correct, but one the reason was Ford was selling around 400,000 Explorers, per year for around five years, during the mid eighties and they had been in service for nearly 20 to 25 years. The average mileage on them was close to 400,000, no wonder the owners purchased another Ford! "Obveeus" <Obveeus(a)aol.com> wrote in message news:hoq552$4bv$1(a)news.eternal-september.org... > > "dr_jeff" <utz(a)msu.edu> wrote: >> While that is true, it's time to start judging Obama based on what he has >> accomplished. The Cash for Clunkers program did little to help the >> environment and made used cars more expensive. > > Mostly, it was a bailout program designed to hand money to the auto > manufacturers...and most significantly to Ford since they made, by far, > the most 'clunkers'. >
From: Mike Hunter on 29 Mar 2010 12:09
What color is the sky in YOUR world? Most 25 year old Toyotas are in the junk yards as rusted hulks LOL "Obveeus" <Obveeus(a)aol.com> wrote in message news:hoqbdu$occ$1(a)news.eternal-september.org... > > "dr_jeff" <utz(a)msu.edu> wrote in message > news:moidnc4hSotLOC3WnZ2dnUVZ_o8AAAAA(a)giganews.com... >> Obveeus wrote: >>> "dr_jeff" <utz(a)msu.edu> wrote: >>>> While that is true, it's time to start judging Obama based on what he >>>> has accomplished. The Cash for Clunkers program did little to help the >>>> environment and made used cars more expensive. >>> >>> Mostly, it was a bailout program designed to hand money to the auto >>> manufacturers...and most significantly to Ford since they made, by far, >>> the most 'clunkers'. >> >> The money went to the owners of clunkers, not the car makers. > > The Cash for Clunkers program was designed to spur people to buy new > vehicles when they would have otherwise NOT bought at all. The government > 'cash' may have gone to the consumer (wink wink), but the purpose odf the > program was to provide yet another form of bailout to the auto industry. > >> However, Ford makes cars people want to buy, so a lot of people bought >> Fords with their money. > > Ford makes the cars that people most wanted to get rid of. The fact that > many of them went back to Ford and said 'thank you sir, may I have > another', is a really sad commentary on American consumers. > > Of course, if you wanted to get rid of an old Toyota you were likely out > of luck since old Toyotas got such good gas mileage that you would have > had to buy an electric/hybrid vehicle in order to see a 'clunkers' > qualifying level of improvement. > > |