Nothin' Says Lovin,' Like Somethin' From The Oven. . ."

Discussion in 'Economy' started by mascale, Aug 21, 2009.

  1. mascale
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    mascale VIP Member

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    Recent President George Bush famously knew nothing about economics. What he knew was from Yale University, which famously knows about many things, just like Harvard University , and others they know about. "Buses," for example, are for "Throwing things under," like "dirt," and. . . .well.

    Marie Antoinette had a similar problem with "cake."

    Anyone marvels at how little so many seem to know!

    The Cash For Clunkers, (CARS), program ignited public attention, a sales boom, major inventory reductions, and an increase of employment--in less than three weeks time-frame. This plot was actually cooked up in the federal legislatures, and mostly on the Liberal side of life. Compared to over $2.0 tril. in bail-out, buy-out, and sissy-side stimulus monies: The "little" $3.0 bil. was barely one tenth of one percent of all the rest, and was not a Conservatively thought-out program, (according to many auto dealers, unless it was).

    This was mega-valueable, mega-efficient, mostly populist--economics put to work. It was an Equal-Dollar amount program, for anyone qualified. It reached back to the people that Bush-Cheney, Obama-Biden, and apparently the Clintons left behind(?)!

    Clearly, there was no pretense at saving an older way.

    The Obama-Biden, Equal Dollar, refundable tax credit will mainly happen in the next year. This is the stimulus year for the rich(?), kind of like last year and the year before that. Money has been spread around in the failed-system-as-usual, manner. (Governments so-like to show a consistent set of preferences and values.) Ben Bernanke started the interest rate cuts for the rich when Bush-Cheney was clearly in charge(?)! Paulson finally intervened, for the mega-rich-financial houses, when it was mega-clear that Bush-Cheney was clearly in charge(?)! Bush-Cheney, and Obama-Biden, then continued with the manufacturer buy-outs for the rich when it was finally clear that no one was in charge.

    And nothing of any value really happened, and nothing changed. Millions of rich were no longer.

    Widespread Wealth Worldwide was and is on no-one's mind, really, after all!

    Except that there was just a smidge, of a finger-lick, just in the recent weeks. There were Equal Dollar Amount cash amounts for mega-older trade-ins. First-time homebuyers--including of foreclosures--have an equal-dollar, small-smidge to lick of their own. Home re-sales are up even now, with $7000, equal-dollar amount, credit assists. Next Spring will happen--with equal-dollar amount, refundable tax credits for upwards of 40 mil. filers.

    Soon, maybe someone will actually do some math! If $3.0 bil., equal-dollar amounts, did that, with CARS, then $20.0 to $30.00 bil. may have an effect after all--with equal dollar amount rebates, all spread around, at the purchasing levels of income.

    "Crow, James Crow: Shaken, Not Stirred!
    (It is recalled that Her Majesty consented to be taxed: And still the world as we know it fell apart! Tax policy is probably not the answer!)
     
    Last edited: Aug 21, 2009
  2. Ravi
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    Ravi Diamond Member

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    I heard Marie's quote was just an urban legend...that she actually said the peasants should eat bread, and her comment was based on her misunderstanding of the direness of their situation and not an attempt to sneer at them.
     
  3. froggy
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    froggy Gold Member

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    why are we helping auto makers out again? so they can give out big bonuses and 30.00 an hr. to watch line run.
     
  4. mascale
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    mascale VIP Member

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    Famously, on Friday, August 21--even days before the anniversary of the
    economic miracle, "9/11!" as the Yale-Trained came to know it: Federal Reserve Chairman, Ben Bernanke, even went so far as to put the famous little "Moustache of Massachusetts," on the general, national, response to the global economic crisis.

    No one is so far labeling it, "The Bllitzkrieg Address," to be cited by the children in the schools.

    The Hays Daily News

    In the above, the commentator notes that "the fed swooped in with emergency lending programs to fight the crisis," so that Ben Bernanke can be quoted, "Without these speedy and forceful actions, last October's panic would likely have continued to intensify, more major firms would have failed, and the entire global financial system would have been at risk."

    Lincoln-Admiring, Republican cross-over-supported, Obama is now the President. Anyone knows that Marie Antoinette's problem with cake, is that really: It doesn't even rhyme with sake, as the Japanese understand it. "Flour To The People!" was not a radical cry even then, or even now.

    Which just somehow makes anyone think back to a simpler, more conservative time in World History--as the Ivy League educated seem to know it.

    There is not even a pretense of hiding the clear fact--the entire resources of government were mobilized to bail out a few rich financial houses--with the certain, and undisguised, exception.

    Anyone can even hear, echoing in the background, the "Terrorists Are Everywhere, Now That They Are Atomized:" Concept all over again!

    "One Nation, No other Nation, With "Freedom," and "Justice," As We Know It!"

    "Crow, James Crow: Shaken, Not Stirred!"
    (Actually, it's probably some nature of "code," as the religious leaders understand it!"
     
    Last edited: Aug 21, 2009

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