Wait one moment here, do I have this right or am I on the wrong page…
A vehicle getting 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline.
A vehicle getting 25 mpg and 12,000 miles per year uses 480 gallons a year.
So, the average Clunker transaction will reduce US gasoline consumption by 320 gallons per year.
They claim 700,000 vehicles, so that's 224 million gallons per year.
That equates to saving a bit over 5 million barrels of oil per year. I repeat---per YEAR.
5 million barrels of oil is about one day's US consumption.
And, 5 million barrels of oil costs about $350 million dollars at $75/bbl.
Our Government "gave" each Clunker Trader $4,500 per car for 700,000 transactions which cost US Taxpayers $3,150,000,000--not including Washington’s usual and normally astounding administrative costs.
So, we all contributed through our taxes to spend more than $3 billion to save $350 million.
How good a deal was that?
Well, now on to Obama administration sponsored Universal Health Care! Let’s keep our fingers crosses that they’ll do a great job on that one though!
Like they say, “Socialism is a great idea, ‘til you run out of other people’s money. I just hope they don’t consider their “fair share” to be in my pockets.
Hello Gato de Angora, hows it going... Wow.. that sound a great deal.. I could export some Clunkers for you to do money...You know MOney, Money, $$$$$..MMMoooonnnneeyyyyy how cares about ppl. well-being... citizens.. As long we do our business... Opps I got capitalist I mean greedy.. anyhow I wanted to say hi to you hope your doing ok... and yes.. Gato de Angora.. sounds sweet...cuddly... and definitely likes to get his stomach scratched as long the dont talk about politics...lol,...
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Hey chulita... the greedy guys aren't the capitalists who create jobs and wealth. The greedy are those like the Castro Bros and Hugo Chavez who are dictators and run their countries with an iron fist. The people there vote with their feet and try to get out of there even in inner tubes. They all want to come here, to the capitalist paradise called the U.S.A. No one immigrates to Cuba... Guess why. Refrigerators in Cuba are called coconuts because all they have inside is water.
ReplyDeleteTake care beautiful and think of your gatio de angora who loves laying on your warm lap and having yoou scratch my tummy.. Purrrrrrrrrr
lol...same over and over argument.. I don't see an ending point here... but you know what... you think you live in the paradise and am not going to discuss that cause I LIKE TO SEE YOU HAPPY MY Gatito de angora...just remember if you want your tummy scratched by the chulita... you look better calladito.. lol.. who knows and you get more than your tummy rubbed.. ...
ReplyDeleteYeah well the only dictatorships in Latin America are socialist caudillos and those are plain facts. But on to other, more important, things... Mmmmmm that tummy rub and more does sound promising. I'll be quiet as a church mouse, OK beautiful. You know that gatitos de angora love to play.
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