Posts Tagged ‘economy’

24 will get you 4.5

Posted: October 29, 2009 by datechguy in opinion/news
Tags: ,

The Christian science monitor reports that Cash for Clunkers cost taxpayers $24,000 for each new car sold.

Well, it’s in how Edmunds crunched the numbers. A valid way to evaluate the program economically, it says, is to look at how many people purchased cars that otherwise wouldn’t have been bought. The firm says that number is about 125,000 cars. By that measure, the government spent $24,000 to generate each sale of a new car.

For comparison, the average price for a new vehicle in August 2009 was $26,915, minus an average cash rebate of $1,667.

In all, the government spent $3 billion on a program that provided cash toward 690,000 car purchases – about $4,348 per car. That makes 565,000 people who got as much as $4,500 to buy a car they would have bought anyway, according to the Edmunds analysis.

So that mean in taxes that $4,500 that you were given cost you 19,500 PLUS the tax you will pay on the $4500 as income.

Of course this is on the national credit card so you might not notice it but you or your kids will pay for it, assuming you have anything left after Obamacare et/al. Snapped shot agrees.

If you thought that was a good deal, wait until you see what these nimrods do to your healthcare plan by this time next year. I’m sure you’re going to love it.

Gateway Pundit says:

It would have been cheaper to give them away free.

Jim Jim Jim, you’re missing the whole point, this entire program was a PR buy for the Obama administration and congress. The purpose was to help facilitate their re-election and prop up their numbers.

Exit question, we know where $4500 of those dollars went, where did the other 20K or so go? Who got it, what interest group cashed in on it?

Why you should not trust the MSM reason 469,771

Posted: October 29, 2009 by datechguy in employment, opinion/news
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Comes in two parts. Part one is the reporting on Cash for Clunkers. Lets look at Google News:

cash clunkers google

Google search 1 p.m. EST 10/29/09

You have 1,400 articles vs 23 on the effectiveness of Cash for clunkers.

Part two comes from one of those few articles that report on it. It isn’t in the meat of the article it is in the request at the bottom after the story:

Do you have a job because of the $787 billion stimulus package? We want to hear from people whose jobs have been created or saved by the American Recovery and Reinvestment Act. Please e-mail your stories to CNNMoney.com and you could be part of an upcoming article. For the CNNMoney.com Comment Policy, click here. To top of page

In other words Please please PLEASE there must be someone we can paint as the poster child for the 787 billion that Congress and the president spent.

Lets cut to the chase, if they could point to the success of the stimulus package, they wouldn’t be trolling for people who benefited from it.

Update: Legal Insurrection explains why this is necessary.

John gives Apple a lesson…

Posted: October 28, 2009 by datechguy in local stuff, personal
Tags: , , , , , , ,

…on customer service.

I’ve already told you about my son and his Apple and how poorly things were handled in a Customer Service bit:

Oh and did I mention the sheer anger of my son? He has a half a century of buying of computers ahead of him. He is very catholic and will have kids. How many apples do you think he will buy? How many times do you thing this story will be repeated over the decades?

By an odd coincidence his car needed serious repairs, Brought it down to John’s place (oddly named Paul’s Auto Repair even though he is the only guy there) and in addition to parts it was going to take over a full day for the physical repairs. I had an old radio to put in but the wires were cut and it couldn’t be used.

He was booked up for quite a while when I dropped the car off but this morning we went to pick it up. I made it clear to my son that he was paying for these repairs himself and when a friendly great Aunt offered to help I requested that she not so he would learn about expenses.

Well much to my surprise when he gave the price it was under $500 ($460 to be exact). In addition he found a used radio and put it in so he finally has music.

After my VERY grateful son left I thanked John. He said he knew it was his first car and his first car bill so he wanted to give him a hand, and he also knew about the Apple and figured he might need the extra money to pay it, and he didn’t want to leave him without a radio. (The car had none).

So for the rest of his life my son will remember this mechanics and the favor he did him, he will also remember that the money he didn’t have to pay to fix the car was enough to pay a 3rd party to fix the Apple.

Where do you think he is going to get his cars fixed for the next 2 decades? Where do you think his brother will go? He friends? How many times will this story get repeated? Who do you think he will be tweaking on Facebook?

And most importantly with all the money he will save over the years dealing with John how many PC based systems will he buy for his kids and himself instead of Apples?

Even if he never gives him another discount again he has earned his business. Hey Stevie Jobs and company you paying attention?

I wonder if Mika would be quoting Peter Singer op-ed so approvingly…

Posted: October 26, 2009 by datechguy in catholic, opinion/news
Tags: , , , ,

…if the Catholic Mika knew about his stand concerning ALREADY BORN human life?

Singer says, “If we compare a severely defective human infant with a nonhuman animal, a dog or a pig, for example, we will often find the nonhuman to have superior capacities, both actual and potential, for rationality, self-consciousness, communication and anything else that can plausibly be considered morally significant.”

When Singer came to teach at Princeton, he was protested by Not Dead Yet, a disabilities rights group. They took offense at Singer’s books, which say it should be legal to kill disabled infants, as well as children and adults with severe cognitive disabilities.

Singer suggests that individual human worth is based on its usefulness to others

Funny that’s just how slaveholders considered the value of their slaves, not because of their humanity but by what they could be used to do.

If Mika doesn’t know who this guy is that’s a point against her for ignorance. If she does then she should be damn ashamed of herself for giving him props.

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