The Real Deal on Barack Hussein Obama’s “Cash For Clunkers”

 The Snake oil salesman has struck again!

(mmm!, mmm!, mmm!)

Here is something to think about...

Ignore all the gas crap and just look at how the car buyer got taken to the cleaners:

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 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 and his band of merry men 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.

The Snake-Oil Salesman Has Struck Again!

His Name Is Barack Hussein Obama!

(mmmm!, mmmm!, mmmm!)

The Handwriting On The Walls Of History . . .

How many politicians are reading them?

The words of History that have spelled out the impending doom of the Nation States and Empires of the past whose singular leaders had chosen to ignore them.

“Caesar fiddled as Rome burned”, the fall of Alexander the Great, including some other more recent events such as the rise and fall of the Third Reich, Mussolini’s Fascist state of Italy and the Soviet Union.

The warnings were all there, but ignored by all those so-called great leaders who thought they were invincible.

Even the French, prior to the French Revolution, had warning signs that were ignored by its then leaders. Not to mention the fall of Great Britain’s Royal Family – yet eventually they were reinstated, but as figureheads only.

History has proven time and time again that once a nations leaders begin to believe that they are all powerful omnipotent’s, something happens to strike them down.

I truly fear that all those politicians in Washington D.C. have begun to reach that part in the history of this country where they believe that it is now a government over the people by the politician instead of a government of the people, by the people, and for the people.

The ignoring of the will of the people, the attitude that the people are not intelligent enough to manage their own lives, and that the people actually want to be slaves to an all controlling government will spell the impending end of this once great nation.

The handwriting of history is now on the walls of the United States Government. It is foretelling the end of the United States Of America sometime in the near future.

It will come to pass.

That is, unless the people rise up and take back control of this government and make the necessary fundamental changes to keep it under the tight reign of the people.

The power of the people lies in the Constitution of the United States, and in the State Government’s of the various individual States.

Take that power, use it to regain control of the Federal Government, reinstate a Government of the people, by the people, and for the people,

Otherwise the Handwriting on the Walls of History will have one more name added to it.

The Late Great United States Of America – The Constitutional Republic That Self Destructed.

The Weekend Of 9/11/2009 – Eight Years Later . . .

Did anyone notice it?

The passing of eight years, only this passing had some significance. Well, for some at least it did.

To President Barack Hussein Obama it was his self_proclaimed “National Day of Service”. With nary a mention of what had happened eight years ago, he set out to garner support for his plan for the government takeover of our health care industry from all his Obamatron Sheeple in and around Chicago and the rest of the mid-west.

Little or nothing came out of Congress this weekend either. I do not remember seeing a single news item about anyone from the Senate or the House of Representatives marking this day at all.

I did catch most of Glenn Beck’s show on FNC Saturday about the Tea Party March on Washington DC. I also watched his emotion laden show on Friday when he voiced his indignation of still having nothing but a very large hole in the ground at ground zero eight years later. I am kind of wondering why all New Yorkers haven’t just about rioted over that matter, but then I am not a New Yorker so I do not hold it against them for not demanding that something be done. I am sure that they have good reason to not be upset about it like Glenn Beck is although I haven’t a clue what that good reason could be.

This weekend we had some rather high winds at the old Rancho-Costaplenty and my flagpole mount came loose from the house and now I have to re-mount it in another place that will be sturdier and not let the mounting screws rip loose. I will do that on Monday.

I did notice that people are still saying the Pledge of Allegiance with as much fervor as they did right after the attack as I attended a Community meeting on Saturday morning.

The NASCAR regular racing season came to an end. The “Chase for the Cup” begins next weekend.

My Seattle Seahawks won their regular season opener rather handily on Sunday afternoon.

And the Space Shuttle landed at Edwards AFB in California. They brought “Buzz Lightyear” back from his 15 Month stay on the International Space Station.

Did I mention that thousands upon thousands of people peacefully protested all around this country while still being ignored by the mainstream news media? They are protesting our governments planned takeover of the healthcare industry and our governments uncontrolled and seemingly never ending spending spree.

Did I also mention that all these peaceful protesters are STILL being ignored by President Barack Hussein Obama and the U.S. Senate and the U.S. House of Representatives and the mainstream news media?

It seems to me that “We The People” mean just about as much to them as what actually happened on 9/11/2001.

A mere eight short years ago.

Did anyone other than I notice that?

Anyone?

Anyone at all?