Cash for clunkers tab.
Saw this on another forum.. thought I would share with you guys.
Let's put some perspective on this. BOB already admits the post office isn't as efficient as the private industry...Medicare/caid facing bankruptcy,BOB says that his stimulus would keep unemployment below 8% which didn't work and now they want to control the health care industry..
And cash for clunkers
Look at these facts and decide:
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 consumption by 320 gallons per year.
They claim 700,000 vehicles - so that's 224 million gallons / year.
That equates to a bit over 5 million barrels of oil. 5 million barrels of oil is about ¼ of one day's US consumption. And, 5 million barrels of oil costs about $350 million dollars at $75/bbl.
So, we all contributed to spending *$3 billion* to save $350 million.
In other words, they blew every one's hard earned money, so a few people could benefit.
How good a deal was that ??? They'll probably do a great job with health care though!!
One of you BOB supporters prove to us why we should expect any different results with BOBcare compared to BOB's cash for clunkers
All men should know Honor first, above all else!
Honor is not holding your hand out for something you did not earn.
Honor is not forcing your ideas, or belief on others.
Honor is not something given to you by way of job, or title.
Honor is learned, earned, practiced and respected by all decent men and women.