Political Wrinkles  

Go Back   Political Wrinkles > Political Forums > US Congress & The Legislative Branch
Register FAQDonate PW Store PW Trivia Members List Calendar Search Today's Posts Mark Forums Read

US Congress & The Legislative Branch Discuss CLUNKER SCAM winding down, DEALERS P.O'd at the Political Forums; The capitalist system is DESIGNED with bankruptcy on purpose. When a business (even the largest ones) are no longer profitable ...

Reply
 
Share LinkBack Thread Tools Display Modes
  #51 (permalink)  
Old 09-09-2009, 04:19 PM
One
 
Join Date: Oct 2007
Location: Central Florida
Gender: Male
Posts: 2,819
Thanks: 526
Thanked 524 Times in 411 Posts
Default Re: CLUNKER SCAM winding down, DEALERS P.O'd

The capitalist system is DESIGNED with bankruptcy on purpose.
When a business (even the largest ones) are no longer profitable they are broken up and the worthy parts of them are then SOLD into newer and better designed companies that in turn begin to grow. Kind of like the cycles you see everywhere in nature. When the cycle is "interrupted or stopped chaos begins to destroy a whole lot of things.
__________________
"Most people can't think, most of the remainder won't think, the small fraction who do think mostly can't do it very well. The extremely tiny fraction who think regularly, accurately, creatively and without self delusion---In the long run these are the only people that count." ***** Robert Heinlein
Reply With Quote
  #52 (permalink)  
Old 09-10-2009, 01:36 PM
faithful_servant's Avatar
PW Enlightenment
 
Join Date: Jun 2008
Location: Beautiful conservative Central Oregon
Gender: Male
Posts: 19,290
Thanks: 6,030
Thanked 8,068 Times in 5,535 Posts
Default Re: CLUNKER SCAM winding down, DEALERS P.O'd

Back to CFC....

Something that was emailed to me today...

Quote:
I guess I must be on the wrong page on this "clunker" stuff ...

A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline.
A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.

So, the average clunker transaction will reduce US gasoline consumption by 320 gallons per year.
They claim 700,000 vehicles – so that's 224 million gallons per year.

That equates to a bit over 5 million barrels of oil.

5 million barrels of oil is about ? of one day's US consumption.
And, 5 million barrels of oil costs about $350 million dollars at $75 per bbl.

So, we all contributed to spending $3 billion ....... to save $350 million.

Hmmmmmmmmm. How good a deal was that?

But, I'm I'm thinking that they will probably do a great job with health care though!
Reply With Quote
Reply

Tags
clunker, dealers, down, pod, scam, winding

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump


All times are GMT -5. The time now is 11:19 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2022, vBulletin Solutions, Inc.

Content Relevant URLs by vBSEO 3.2.0