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  • Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
    This program is certainly not energy, nor environmentally
    sound. It takes a ton of energy and materials to produce a car.

    If you have a low fuel mileage clunker, and you don't drive much
    then it has a minimal effect on the environment.

    Remember, this program is being brought to you by the same people
    that gave you the post office, the VA hospital system, ethanol fuel
    and now want to give you health care.

    I note that even this modest clunker program hasn't operated smoothly as it ran out of funds almost immediately.

    The article has already pointed out the program's enormous cost
    being paid for with money borrowed from friendly places like China.

    So much for the intelligence and structuring behind plans such as
    this.

    On Jul 31 06:08 PM Alfredo Martinez wrote:

    > I never thought that this country would get so far off track that
    > we would start using tax dollars to pay for people to buy a brand
    > new car, then turn around and destroy the traded used cars and dump
    > them in a landfill.
    >
    > This country is so screwed.
    Aug 01 14:42 pm |Rating: +7 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    It is all starting to come unglued. Maybe finally, the people
    will understand what bad leaders they have put in Sacramento
    and just maybe demand the proper changes(read as downsizing).

    Look for things to get much worse very soon.
    Jun 16 21:07 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    sort of like alcohol? Or that supersized big mac?

    The tobacco thing is purely a political driven agenda...sort
    of like global warming.


    On Jun 12 08:49 AM spald_fr wrote:

    > "Tobacco under FDA control"
    >
    > Tobacco is currently a legal product. Due to its inherent toxic
    > effects (including addiction) and its contribution to ever-increasing
    > health costs, perhaps it's time for the FDA to entirely ban the usage
    > of tabacco.
    Jun 12 22:55 pm |Rating: +1 -2 |Link to Comment
  • Upon Further Review, California Voters Sending Mixed Messages  [View article]
    Anything with Steinburg's name on it is flawed by definition.

    The original bill should not have been passed, except for lies and deception by its promoters and a gullible electorate. It was simply
    a punish the rich tax and caused more than one person in that category
    to leave this state, thus depriving the state of all of their tax dollars.

    The state's problem is that any money that the legislators can get their hands on plus more is quickly spent. History shows this very clearly.

    This time, the electorate, composed of a much higher percentage of engaged voters, coupled with the current economic downturn led to
    massive rejection of the propositions.

    Let the money pile up in the looney-tunes fund, Hopefully it is drawing
    interest. Maybe at some point, the excess funds can be returned to
    those it really belongs to....those that were forced to pay it.
    Jun 07 12:14 pm |Rating: +4 -2 |Link to Comment
  • Understanding Inflation [View article]
    the CPI is so cooked today that it is almost meaningless...thanks to the
    trickery and deceit of our favorite politicians. Same thing goes for a lot of
    previously important government statistics such as unemployment numbers
    and GDP.

    The American public are the unwilling victims of the biggest ponzi scheme
    the world has ever known.

    And certainly, if you are depending on savings interest for your income
    as many retirees are you are being stolen from by your government.
    Jan 10 00:35 am |Rating: 0 0 |Link to Comment
  • This Recession's Not That Bad - And We're More Than Halfway Through  [View article]
    just keep telling yourself that its almost over...I think its just getting started
    Dec 16 20:30 pm |Rating: +2 0 |Link to Comment
  • Fed Funds Futures Predicting Strong Chance of September Rate Hike [View article]
    I agree with the poster about our more than useless congress.

    These people are responsible for most of the problems citizens have
    been experiencing. The only group worse is our own legislators here
    in California.
    Jun 13 17:17 pm |Rating: 0 0 |Link to Comment
  • Hardball in Vallejo, California [View article]
    Vallejo is just the very tip of the oncoming iceberg. And it makes
    a great case against muni bond investments...maybe not so safe anymore.

    The entire state of California is very indebted along with many of its
    cities.

    And the sad thing is that it isn't because of revenues. Its because
    of terrific overspending by leaders that apparently don't have a
    clue what the phrase 'fiscal responsibility' means.
    May 09 21:51 pm |Rating: 0 0 |Link to Comment
  • Why the Fed May Not Be Done [View article]
    I believe Fed actions are serving to fan the fires of inflation.

    Despite the official proclamation of being for a strong dollar, the result will be a further weakening of our currency and more inflation.

    This amounts to a horrible tax on savers and a reward for spenders which is not good for the nation as it sends very bad signals to its citizens.

    Our approaching $10 trillion national debt is testimony to bad past decisions that our leaders have made.

    I think webpage referenced by sivere makes some great points.
    May 02 11:42 am |Rating: 0 0 |Link to Comment
  • Comparing Clinton and Bush on Income Taxes [View article]
    Both parties and prezes are responsible for the economic mess we
    find ourselves in.

    Collectively, they spent the tech bubble boom windfalls, and in the last
    couple of years with Demos in control of congress we didn't see any
    spending restraint...so those that try to politicize all this are
    just plain wrong.

    Truth is, the gov't takes way too much of the people's money and
    spending is wasteful.
    Mar 10 14:54 pm |Rating: 0 0 |Link to Comment
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