Saturday, August 1, 2009

Cash For Clunkers and Other Items

I don’t know what the big deal is about the Cash for Clunkers Program.



It appears to me that we have had a Cash for Clunkers Program for as long as I can remember.



Year after year billions of dollars are contributed to campaigns and nine out of ten times we wind up with clunkers.



At least with the car program you can turn in your clunker and get something back.



With our elected officials once they are in we are stuck with them for at least four years even if they don’t show up for work.



One only has to look at Albany over the past six months to see what a bad joke this whole process has become.



Or take a peak across the river in New Jersey where it appears that more elected officials go to jail than go to work.



Maybe they should just move the Legislature to Rahway Prison and just cut out the middle man.



Save us some time and the taxpayers some money.



Speaking of money the federal government continues to allow bailed out banks to pay their execs millions in bonuses.



I guess this could be considered Cash for Clunkers II



The banks and financial institutions insist they need to pay these bonuses to keep the top financial minds in their executive offices.



The same execs that bankrupted them in the first place.



And it appears that more and more of these execs are taking these bonuses and walking out the door shortly after anyway.



And it appears that the only thing being stimulated by these programs is the amount of money being spent by the federal government.



They are more concerned about bailing out businesses then they are about social security.



But why not? They are not in the social security program anyway so why should they care.



Same thing with health care, they want to spend billions on this new program but asked if as elected officials they would be participating in it and we get a responding no comment.



Sometimes silence speaks volumes.



And as more and more people get further into debt, maxing out their credit cards more and more states are turning to legalized gambling instead of doing something about the usury laws that allow these credit card companies to treat their customers worse then some loan sharks.



And speaking of gambling New York cannot even do that right.



Illegal bookies have never had a problem turning a profit but we have OTB on the verge of bankruptcy. Can anybody say bailout?



Only in New York.



To be continued…….

No comments: