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Posted: 8/3/2009 7:09:25 PM EST
Where is all the money coming from that will be needed to fund obamacare, cash for clunkers, feed the children...? If he cuts taxes like he currently is saying he will, I just don't see all this money and now we hear tax revenue is down.

What effect, if any, is the "cash for clunkers" program having on the used car market?
Link Posted: 8/3/2009 7:34:55 PM EST
Originally Posted By MonkTx:
Where is all the money coming from that will be needed to fund obamacare, cash for clunkers, feed the children...? If he cuts taxes like he currently is saying he will, I just don't see all this money and now we hear tax revenue is down.

What effect, if any, is the "cash for clunkers" program having on the used car market?


Some of it's from the Stimupork program.

Fundamentally Obama is a lying liar. They make up numbers to try to pretend that he's actually being fiscally responsible and saving us money, but the numbers they use are just flat out lies.

I've always been a bit suspicious though understanding of the "buy gold" people, but it's the only thing that makes sense now. There is a 100% chance that we will be hit with massive inflation in the future as the government prints money to pay off all this shit.
Link Posted: 8/3/2009 7:36:43 PM EST
He has magic beans called bonds.......and other debt instruments.
Link Posted: 8/3/2009 7:37:35 PM EST
your paycheck


Link Posted: 8/3/2009 7:38:51 PM EST
better befriend a farmer , might wanna learn to fish a bit too .
Link Posted: 8/3/2009 7:44:08 PM EST
Originally Posted By MonkTx:
Where is all the money coming from that will be needed to fund obamacare, cash for clunkers, feed the children...? If he cuts taxes like he currently is saying he will, I just don't see all this money and now we hear tax revenue is down.

What effect, if any, is the "cash for clunkers" program having on the used car market?


If they extend it, it will artificially inflate the market for low-mileage vehicles less than 25 years old. After that, when the program ends, the market will crash, and lots of people will lose money.

It may seem at times that all this money that comes into the market is nothing but digits on a computer screen, but every dime in the economy is the result of some tangible object or action that somebody traded. When you start raising prices arbitrarily, somebody has to absorb that cost, and it will eventually catch up to us. The free market is not a perpetual motion machine. It has real limitations and one of these days, it's going to run out of steam. Obama and his flock don't believe this. They seem to think they can give free shit to everybody, and face no consequences.
Link Posted: 8/3/2009 7:46:16 PM EST
Originally Posted By Mullah_Atari:
Originally Posted By MonkTx:
Where is all the money coming from that will be needed to fund obamacare, cash for clunkers, feed the children...? If he cuts taxes like he currently is saying he will, I just don't see all this money and now we hear tax revenue is down.

What effect, if any, is the "cash for clunkers" program having on the used car market?


If they extend it, it will artificially inflate the market for low-mileage vehicles less than 25 years old. After that, when the program ends, the market will crash, and lots of people will lose money.

It may seem at times that all this money that comes into the market is nothing but digits on a computer screen, but every dime in the economy is the result of some tangible object or action that somebody traded. When you start raising prices arbitrarily, somebody has to absorb that cost, and it will eventually catch up to us. The free market is not a perpetual motion machine. It has real limitations and one of these days, it's going to run out of steam. Obama and his flock don't believe this. They seem to think they can give free shit to everybody, and face no consequences.


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