Ron Paul on "Cash for Clunkers"

[thescreensavers]

Link


What do you guys think?


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After 4 years, you should have an idea of what type of commentary is needed when you start a thread that is political in nature.

Senior Anandtech Moderator
Common Courtesy

 

[JEDIYoda]

Ron who?????

 

[JEDIYoda]

Originally posted by: thescreensavers
Link


What do you guys think?

probably needs more commentary than -- what do you think. That`s not commentary at all.....probably be locked without commentary...

The quesyion is what do you think??? first.....

 

[WildHorse]

xx

 

[LumbergTech]

Originally posted by: scott
we could've had him,
except too many puddin' headed tv-hypnotized sheep let the media lead them by their nose-rings unto the marxist from Kenya, who talks a good line of window dressing, no substance.

Ron Paul was the only candidate who appeared to understand the economy, and attempted to talk the straight truth.

The saying is that a nation, "gets the 'leaders' it deserves." Utterly corrupt media's successful sabotage of Dr. Paul's candidacy is our nation's great loss.

and THIS is a prime example of why we DIDNT get him......too funny

 

[sandorski]

ugh, Fail.

 

[dammitgibs]

Note to self: quit voting for the lesser of two evils, quit listening to those people who tell me "you're just helping out the other guy by giving your vote to them, it's wasted"

Edit: In other news, I decided to invest in Sirius XM (SIRI) primarily because of this cash for clunkers program and their stock has been soaring and with another $2 billion being dumped in who knows, so from someone who has benefited A LOT from this program, I still agree, this program is not good for America.

 

[Moonbeam]

I think that people who had real respect as economists and were actually in positions of power, folk like Bernake who had studied the 29 crash, were determined not to let it happen again at any cost. I think it was an error to let L. Bros die, but they didn't have a buyer. I think the only think that could have happened did and the best people to prevent disaster were in place. I think it is totally impossible to say for sure that we have did avoid disaster or that we are out of the woods, nor is it possible to say how bad the depression would have been if we allowed it. But I think that those who do think they know all these answers are fools.

The prevailing wisdom is that when banks fail it isn't just a symptom, but the disaster itself, that the whole economy runs on credit and that without it we are dead, and the only place that had the money to save the banks was the Fed.

But we will have more information in time. We learn by doing.

 

[First]

It's amazing how many times he says that Congress has to print money to fund cash for clunkers. Poor guy is basically senile at this point. You can tell he feels defeated intellectually when he still can't explain how the economy is recovering.

lol, I like the ending "We're doing well for exposing the Fed for what they're really up to". What are "they" up to? He sounds like most of his tinfoil base.

 

[First]

Originally posted by: scott
we could've had him,
except too many puddin' headed tv-hypnotized sheep let the media lead them by their nose-rings unto the marxist from Kenya, who talks a good line of window dressing, no substance.

Ron Paul was the only candidate who appeared to understand the economy, and attempted to talk the straight truth.

The saying is that a nation, "gets the 'leaders' it deserves." Utterly corrupt media's successful sabotage of Dr. Paul's candidacy is our nation's great loss.

Ron Paul is like any other politician, except he really believes the things he says.

 

[Moonbeam]

Originally posted by: Evan
It's amazing how many times he says that Congress has to print money to fund cash for clunkers. Poor guy is basically senile at this point. You can tell he feels defeated intellectually when he still can't explain how the economy is recovering.

I. of course know nothing, but I was wondering about the guy that gives his money to people to use to buy from his store and then says gee look at how much money I made.

I sort of thought that the government prints the money people spend in just such a similar way and the banks spread it around and everybody is spending government backed money in the government created economy and Fort Knox stores billions of tons of Full Faith and Credit ingot bars.

 

[SP33Demon]

Who said that this was supposed to help the poor? Where is he getting this from? This was clearly to benefit the environment (so far a net average of 9mpg/vehicle) and Big 3 as well as give some people who made poor (IMO) vehicle decisions to change their lifestyle. Where did anyone ever say this was going to help everyone, especially the poor? Nobody ever said this was supposed to help the poor with bad credit, as Paul claims in this video.

Does America really need a big SUV for a family with 1 child or even 2? Hell no. They're doing themselves a favor by saving money on fuel and not lining the pockets of the Middle East. Funny how a little carrot of $1-$2K is enough for people to make a change that will save them $5K over 10 years in gas. Last, with today's safety ratings many newer cars are safer than older SUVs and trucks.

 

[retrospooty]

Originally posted by: scott
we could've had him,
except too many puddin' headed tv-hypnotized sheep let the media lead them by their nose-rings unto the marxist from Kenya, who talks a good line of window dressing, no substance.

Ron Paul was the only candidate who appeared to understand the economy, and attempted to talk the straight truth.

The saying is that a nation, "gets the 'leaders' it deserves." Utterly corrupt media's successful sabotage of Dr. Paul's candidacy is our nation's great loss.

You cant blame the liberal media for that one... blame the republican party.

Did you not even see the republican primary debates? He would come out and say some really great stuff and Mitt Romney and John McCain would just roll thier eyes at him like he was some kind of childish retard. it was sickening, because Paul was the only one that made any sense at all and they brushed him off like he was an idiot... This is exactly how the whole republican party and most of the voters treated him.

The reps did it, not the media. Get your facts straight and stop blaming the evil media for everything that goes wrong. The media gave Paul a fair shake and even helped him generate a lot of buzz - the reps snuffed it.

 

[MovingTarget]

Originally posted by: SP33Demon
Who said that this was supposed to help the poor? Where is he getting this from? This was clearly to benefit the environment (so far a net average of 9mpg/vehicle) and Big 3 as well as give some people who made poor (IMO) vehicle decisions to change their lifestyle. Where did anyone ever say this was going to help everyone, especially the poor? Nobody ever said this was supposed to help the poor with bad credit, as Paul claims in this video.

Does America really need a big SUV for a family with 1 child or even 2? Hell no. They're doing themselves a favor by saving money on fuel and not lining the pockets of the Middle East. Funny how a little carrot of $1-$2K is enough for people to make a change that will save them $5K over 10 years in gas. Last, with today's safety ratings many newer cars are safer than older SUVs and trucks.

This was not designed to help the poor other than to simply stimulate the economy. It is pretty successful in getting older cars off the road and getting product moving out of dealer showrooms. Unfortunately it may have a side effect of destroying the sub $3k used car market. Many will never be able to afford a car worth more than that. On that note, you can't call and SUV, pickup, or other gas guzzler a poor vehicle decision when often they are the only ones affordable (often free). Somehow I think that we can achieve the same effect of moving new cars by increasing CAFE requirements and some direct subsidy for those meeting the strict(er) standards.

The environmental benefit of a 9mpg increase in avg fuel economy is hard to deny. It isn't just about global warming and CO2, but also about smog and particulates. This could help quite a bit in that area and who knows, might push cities over the line to avoid the ire of the EPA due to ozone, etc.

However, part of me sees this as wasteful as it takes resources to produce the new vehicles. I just hope that the rest of these 'clunkers' are getting dissassembled so that the rest of us poor folk can repair our clunkers that we can't afford to replace. As a car enthusiast, it makes me pretty upset when I see a perfectly good vehicle go to the crusher. Those are a lot of spare parts I would love to replace on my Caprice, but crunch they go...