Wednesday, August 22, 2012

Less We Not Forget Past Actions





Less we not forget how the current administration looks at economics... Much like the stimulus money that was handed out to so many companies that went bankrupt.... With no one in the administration having a clue on how business works nothing should surprise those of us who had to make a profit to survive.

I mean really when you entire life has revolved around government hand outs, federal grants, and entitlement mind set this is quite easy to understand.  How much money can I get and give away so I can then get more ... no thought is ever given by the left as to is this a good business model, does this make a profit or how can a sustain this business... rather it is throw money at it and while that money is flowing look for more money to throw at it..

Me I can not wait until Ryan and Mr Bablin Biden have a debate... The network should bill this as a WWF event Ryan the Mind vs Bidin the Clueless.   Should be quite a show.

I also hope Mitt releases his birth certificate, high school transcript, college records and work history maybe the media will ask for the same from Mr community organizer.

Just a reminder of one of his first initiatives..
A new  vehicle that travels 12,000 miles a year at 25 mpg uses 480 gallons of  gas a year.

So, the average Cash for Clunkers transaction reduced  gasoline consumption by 320 gallons per year.

The government  claims 700,000 clunkers have been replaced so that is 224 million gallons  saved per year.

That equates to a bit over 5 million barrels of  oil.

5 million barrels is about 5 hours worth of US   consumption.

More importantly, 5 million barrels of oil at $70 per  barrel costs about $350 million dollars.

So, the government paid  $3 billion of our tax dollars to save $350 million.

They spent  $8.57 for every $1.00 they saved.

I'm pretty sure they will do a  much better job with our health care though.

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