Entries by DailyBail (6219)
Cash For Clunkers Costs Taxpayers $24,000 Per Vehicle
PHOTO -- A 1987 Excalibur Autos Phaeton that was 'junked' for $4,500.
There are several different ways of analyzing the $3 billion Cash For Clunkers rebate program so popular this Summer. To date, no analysis has looked at the economic cost of junking perfectly functioning vehicles before their expiration date. Let's face it, this was an SUV and truck trade-in program for the most part, considering the 18 mpg requirement (or less). There were a lot of 2003 Yukons being scrapped for 2009 models with just slightly higher average gas mileage numbers. Considering all the energy that goes into the creation of one of these mega-ton beasts, I suspect there might be some inefficiency there.
Automotive website Edmunds.com issued a report Thursday that lit up headlines everywhere and drew an angry response from the White House. We also have a link to a Jalopnik slideshow of the 10 most exotic cars destroyed by Clunkers. Plus a few words from Angry Bob.
Tory Leader David Cameron: "This Big Government Has Reached The End Of The Road"
A quick look across the pond at UK Tory Leader David Cameron. Two short clips that run 3 minutes combined. A harbinger of 2012 elections here undoubtedly. Terrific speech.
Ron Paul On Bailouts, Wall Street Fraud And Washington Capture
Have you hugged your HR 1207 lately? Show your support and don't miss this outstanding clip. One of the best from Dr. Paul in a while. Story has been updated with a partial transcript.
Foreclosed And Getting Scammed? Don't Do What This Couple Did
Facing foreclosure and getting scammed by loan mods? Grab some friends and commit torture.
Alex Jones: Fall Of The Republic - Economic Takeover (DVD Trailer)
There are several trailers for Alex Jones' new DVD Fall Of The Republic available on youtube, most of which I don't agree with or endorse. Throw your spears Jones fans, but remember that you can not hurt what does not bleed. I do appreciate his drive and passion for freedom, in a general sense. This clip is focused on the Federal Reserve and Treasury. Bernanke, Paulson, Geithner, Summers, Bush And Obama are targets. It runs 2 minutes.