Comments on: What can we Learn From CARS?

By: No Runny Eggs » Blog Archive » What Else to Learn From CARS

No Runny Eggs » Blog Archive » What Else to Learn From CARS — Tue, 04 Aug 2009 10:05:23 +0000

[…] posted last week and Steve followed up here with things we could learn from “The Keystone Cops sells […]

By: Ken Van Doren

Ken Van Doren — Mon, 03 Aug 2009 22:54:26 +0000

Let’s kill some pigs while we are at it.

Many of the trade in vehicles are a bit worn, but will be in working order. These cars COULD have replaced older, less efficient vehicles, the same as is claimed of the new vehicles that will be sold. But as the tradeins are destined to be destroyed, they will not be available to the used car market. So folks who COULD have bought cars for say, $2 or $3thousand, will have fewer cars to pick from. so expect used car prices to go up, and the situation of the poor to become worse.

Some people, because of this program will buy sooner than otherwise. But in essence, cars that WOULD be purchased a year or two from now, are being bought now, so fewer new vehicles will be sold down the road. In the long run, because of the economic inefficiency of this and other goverNMEnt programs, wealth will be destroyed, and fewer, not more vehicles will be sold over the long haul.

So just as the FDR policies of killing pigs, flushing milk, destroying crops to keep prices high, expect this and other economic idiocy from the BHO administration to make this depression more severe and last longer than if they just stayed out of the way.

By: Steve O

Steve O — Mon, 03 Aug 2009 13:41:57 +0000

What this train wreck shows us is that the old riddle:

“What is an elephant? A mouse built to mil-spec.” is true.

The government is incapable of running anything efficiently or without error. Not just small errors, but huge, stinking piles of error. Steamy, smelly, fly-riddled masses of error.

And as an added bonus, if you breathe within the next five minutes, there will not only be squishy piles of stinking error, but a whole basket full, an entire dump truck full of waste, inefficiency and outright fraud!

And these are the people that want to decide if you need that emergency appendectomy? If that wound on your leg needs a course of antibiotics, or if it’s just a boo boo that a band-aid will heal?

I don’t think so. Nope. Not today, not tomorrow, not ever.

By: No Runny Eggs » Blog Archive » What can we learn from CARS, Part II

No Runny Eggs » Blog Archive » What can we learn from CARS, Part II — Sat, 01 Aug 2009 16:47:18 +0000

[…] Yesterday, Shoebox explored the early drain of the “Cash for Clunkers” program. Allow me to take it a slightly-different direction. […]

By: steveegg

steveegg — Sat, 01 Aug 2009 15:24:09 +0000

They’re throwing another $2 billion in after that initial $1 billion. The question is, what’s going to happen in a couple months when many of the people who stampeded in for “free money” stop making their monthly payments.