Before we get started, I would like to warn everyone that reads this post, for your own safety and the safety of those around you, please do not click on any of the links in the post below, unless you are wearing full body protective gear, and carrying a can of Lysol. You have been warned.
In a turd of a story that originated from the bowels of the shemale with a talk show on PMSNBC, was then pulled out of the sewer by Firedoglake, and finally has the DUmmies are feasting upon it: GM is back, baby!!!! According to the post headline, 'CashForClunkers is sooo bad... GM increases production, rehires workers.'
Anybody with a computer in the audience who wants to perform a little experiment? Great, first thing I want you to do is go to your webby browser of choice (NOT SAFARI, CJ) and type the words 'GM' and 'Layoff' in the search box and hit the button. What do the search results read?
You'll notice that in spite of reports that GM is going to hire back, wait for it... One Thousand Three Hundred and Fifty!!!!!! workers, there are published reports from real news sources that state GM has already bought 6,000 workers out of their contracts this year and is going to layoff an additional 7,500 before year's end. Now, I'm no mathematician, but I'm pretty sure 1,350 < 13,500.
3 People Have Had Their Say:
You know, I don't see the point in destroying decent running vehicles. They may be old, but hey, someone could use the parts from it you know? This is almost like when the price of grain was so low during the great depression due to so much stored supply. FDR ordered the grain destroyed, so they burned it. I get it that they need to sell these cars, but I hate waste. I hate waste.
BRH- Let me sum up the Clunkers program:
Step One, take money from tax payers.
Step Two, give the money (in the form of a credit) to the poor, and by definition non tax paying.
Step Three, destroy the used car market by artificially inflating the price of used vehicles, because of the 'unintended' lack of supply.
Step Four, destroy charities who normally benefit from the donation of these same type of vehicles, but are now not receiving these donations.
Step Five, pour liquid glass into the engine block and destroy a perfectly fine car.
Step Six, strap the poor with new debt in excess of $20,000 which must now be financed through the government owned car companies or through banks.
Step Seven, inevitable collapse of the Clunkers bubble as the new owners are incapable of making the payments on their new vehicles. Forcing more banks to go out of business.
Rinse, wash, repeat.
Yeah, they are digging out of the hole by digging it deeper. Sad.
Post a Comment