THREE REASONS FOR OPPOSING OBAMA'S JOBS BILL

CASH FOR CLUNKERS

MORTGAGE ASSISTANCE PROGRAM

JOBS CREATED BY STIMULUS I

Prezbo the Usurper doesn't know how to write a sensible Bill for starters. Let me start with Cash For Clunkers. If we ignore the inherent unfairness of you and I paying for someone else's new ride, there were several flaws within the C 4 C scam.
First the math was wrong. Given the $4500 tax credit for swapping out an old low mpg model for a new high mpg model, failed to yield any major savings in energy consumed versus longevity of the auto being put in service. The $4500 recouped over 10 years was below break even in less gas consumed each year when compared to the $450 subsidy you and I were paying out(before added deficit debt is even considered). For the taxpayer in general it was a lose, lose proposition. Then there was the practical matter of failing to stipulate a Buy American clause, or ethical stipulation of what class of auto, or even tax bracket a swapper could be a member. I listened to a well heeled fellow call in to a local station, saying he was putting off buying a new Lexus but when he found out he could get an additional $4500, that was the final inducement for him. He mentioned he went to a junk car lot and found a $500 trade in to meet the criteria. Lastly, there was the all in costs. Due to Government inefficiency in administering this $4 Billion program, each clunker ended up costing the public about $30,000 per trade, thanks to much red tape.

Mortgage Bailout- The government spent $875,000 average to bail out thirty thousand$177,000 average mortgages. If Prezbo had just picked up the tab on all 30,000 homes, we would be $21 Billion less in debt as a nation, and 30,000 of us would have homes paid off free and clear. Instead they still owe $177,000 per house, we just staved off the wolf, at a price of $27 Billion instead. I wonder how many of the 30,000 are still in their homes at this writing. Such brilliance.

Stimulus Jobs I- I heard an HR rep today say the money her company was getting to hire employees was looked at as a temp worker fund. As soon as the Fed money ran out so did the need for the newly hired worker. No carrot and stick dangle for the employer to retain the worker a certain length of time. Wham Bam Thank You Ma'am.
Where is the Hawvad Intellect so haughtily proclaimed? Why does it take a Never Heard of Bible Belt Small College grad to think this through for them.

No small businessman worth his salt would ever sail his ship in such a haphazard manner. How can we trust the new plan, and why does it involve laying out more money? Economic policies that don't cost, are the most effective. What's wrong with foreign trade tariffs, to balance the exchange rates, and labor rates. we sell our goods on a per manhour basis far too cheaply, while allowing China and SE Asia to plunder our jobs. Out Out Foul Splinter, I say. We should TELL American Corps.if you send jobs away, we will tax you to tears. Keep'em here and your corporate tax rate goes down at the rate you return jobs. I would offer ZERO unilateral tax decrease for big business, that had not begun their part of the deal. Pay as you go and Verify then Trust. Reagan had that part somewhat backwards.

We have always been a nation of abundance. OPEC tells us 1 gallon of gas for ten bushels of corn. EZ Come EZ Go, why not we say, hearya go Mummar. I say change that attitutde. One Unit of High Tech Goods for a profitable trade of 50 Units of Low Tech goods. We have become the world's softest touch when it comes to commerce. We should never have a trade deficit, we are much too smart, too rich, and too well suppleed for that to be happening. Global Economy you say, We Are the Global Economy and we need to start remembering that fact. China is an economic flash in the pan sock seller, that does not grow enough food to feed herself. Same for India.

Steve