Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Mary Cluney who wrote (10735)	10/26/2009 10:55:33 PM
From: skinowski	Respond to of 42652

You may enjoy this story about how a little money can seem like a lot of money as it goes from hands to hands... :) Message 25783822

To: Mary Cluney who wrote (10735)	10/26/2009 11:17:42 PM
From: John Koligman	Read Replies (1) \| Respond to of 42652

If the Feds are going to throw around bailout cash, IMO the cash for clunkers program was one of the better ones in terms of immediate economic impact, as you say. Around 700k cars sold for 3B. If one is going to pick on this stuff, a better case is what we will get for the 180 BILLION thrown down the AIG rathole.... (Which gets us back to that pesky Brooksley Born <ggg>). Regards, John

To: Mary Cluney who wrote (10735)	10/26/2009 11:51:20 PM
From: Peter Dierks	Respond to of 42652

Sheesh. The math gets pretty complicated, doesn't it? No. It was a bad idea and a worse policy. ............................... Let's look at is simply. Imagine it was your balance sheet. Your income is down significantly so you go to the bank to borrow money... Rejected! ................................ ObamaCare is as bad of an idea as HillaryCare. HillaryCare was responsible for Republican control of Congress. People hate this just about as much. 2010 is not that far away.